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AirAsia could buy 50 more jets ahead of India launch
The buying of jets could ahead of planned aggressive expansion in India. #India #Tata Group #CompanyWatch #Airbus #Air Asia #Tony Fernandes
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RIL-BP announce biggest ever gas discovery in KG-D6 block
The find, named 'D-55', has been notified to the government and the block oversight panel, the management committee. #Business #Reliance Industries #KG-D6 #BP #CompanyWatch
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Air India spent Rs1,803 cr on pending staff salaries
Of the Rs6,000 crore received in 2012-13, the airline spent Rs1,803 crore on pending staff salaries. #Business #air india #CompanyWatch #Staff salary
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US Import alert can poke $100 mn hole in Worckhardt revenue
According to the US FDA website, the drug manufacturer has received an import alert for its Aurangabad plant, which is likely to restrict its exports to a key market. #CompanyWatch #Wockhardt #import #Food and Drug Administration #US FDA
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Naresh Goyal buys over 29% stake in Jet for Rs 1,434 cr
The shares were purchased from Tail Winds Ltd, a company incorporated in the Isle of Mann and wholly owned by Goyal. #Jet Airways #CompanyWatch #Naresh Goyal #Tail Winds Ltd
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Jaya against more divestment in Neyveli Lignite, writes to PM
The Tamil Nadu chief minister said her government has been strongly opposed to privatising any portion of NLC. #Manmohan Singh #Tamil Nadu #Disinvestment #Jayalalithaa #CompanyWatch #labour unrest #Neyveli Lignite Corporation
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Ford to stop production in Australia, cut 1200 jobs
Ford Australia chief executive Bob Graziano made the announcement as he revealed a loss of 141 million Aus dollars ($ 136 million) after tax in the last financial year, with losses of 600 million Aus dollars over the last five years. #Business #Australia #Ford #CompanyWatch #Cars #Job cut
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GM India to hike prices of all its vehicles by up to Rs 10,000
General Motors India today said it will raise the prices of its entire range of vehicles by up to Rs 10,000 from first week of June to offset the increase in logistic costs following hike in diesel rates. #Business #CompanyWatch #Cars #General Motors #diesel price #Beat #Spark
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Marissa Mayer's magic? Yahoo back in top global brands list
Yahoo's brand value was estimated at $9.8 billion, which is still down from its $11.4 billion in 2008 #facebook #Business #Yahoo! #Google #Technology #CompanyWatch #Marissa Mayer #Brands #BrandZ list #Prada
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IOC claims breakthrough in Jatropha oil extract
bio-diesel is produced by the trans-esterification process which requires separate plant to be set up. #Business #CompanyWatch #Diesel #Bio-fuel #Jatropha oil