fuel cost

Air India’s first Dreamliner arrives after 4-year wait


September 8th, 2012 - 8:56 pm ICT by IANS
New Delhi, Sep 8 (IANS) Amidst much fanfare, Air India's first Boeing 787 Dreamliner arrived in the national capital Saturday, ending a four-year wait.Air India is the fifth airline to ... Read more...

Posted in Business |

First Dreamliner aircraft delivered to Air India in the US


September 6th, 2012 - 11:32 pm ICT by IANS
New Delhi, Sep 6 (IANS) Flag carrier Air India Thursday took charge of the first of its Boeing 787 Dreamliner aircraft at Charleston in South Carolina in the US, ahead ... Read more...

Posted in Business |

Input costs, lack of reforms hit India Inc. business confidence


August 12th, 2012 - 5:14 pm ICT by IANS
New Delhi, Aug 12 (IANS) Most in India Inc. expect stagnancy or decline in their business activities in July-September period due to high cost of borrowings, unfavourable macro-economic condition and ... Read more...

Posted in Business |

Kingfisher Airlines posts Q1 losses of Rs.651 crore


August 11th, 2012 - 4:44 pm ICT by IANS
Mumbai, Aug 11 (IANS) Cash-strapped Kingfisher Airlines Saturday reported a net loss of Rs.650.78 crore for the quarter ended June 30, 2012 from a loss of Rs.1,151 crore in the ... Read more...

Posted in Business |

CESC’s consolidated net profit down 11 percent


June 13th, 2012 - 9:29 pm ICT by IANS
Kolkata, June 13 (IANS) The net profit of RP-Sanjiv Goenka Group's power utility company CESC Ltd declined by 11 percent in the 2011-12 fiscal compared to the year-ago period, the ... Read more...

Posted in Business |

Car sales growth lowest in last seven months


June 11th, 2012 - 5:39 pm ICT by IANS
New Delhi, June 11 (IANS) Domestic passenger car sales recorded the slowest growth in the last seven months in May at 2.78 percent and stood at 1,63,229 units from 1,58,809 ... Read more...

Posted in Business |

Ajit Singh to raise tax issue with petroleum, finance ministries


June 6th, 2012 - 9:09 pm ICT by IANS
New Delhi, June 6 (IANS) Civil Aviation Minister Ajit Singh Wednesday said he will raise the issues of rationalising state sales tax on jet fuel and service tax on tickets ... Read more...

Posted in Business |

Air India to cut loss-making routes (Lead)


June 5th, 2012 - 9:36 pm ICT by IANS
New Delhi, June 5 (IANS) Air India may cut some of its loss-making routes under a new business plan it has worked out, sources in the civil aviation ministry ... Read more...

Posted in Business |

Nuclear power corporation not affected by rupee depreciation


May 30th, 2012 - 5:07 pm ICT by IANS
Chennai, May 30 (IANS) The rupee depreciation will not impact the Nuclear Power Corporation of India Ltd (NPCIL) as it has already imported the required quantities of uranium, said a ... Read more...

Posted in Sci-Tech |

High interest rate, fuel prices slow down car sales (Lead)


May 10th, 2012 - 6:16 pm ICT by IANS
New Delhi, May 10 (IANS) Passenger car sales in India grew by a mere 3.40 percent in April, the slowest in 10 years, as high interest rates and rising fuel ... Read more...

Posted in Business |

Car sales grew only 3.40 percent in April


May 10th, 2012 - 4:52 pm ICT by IANS
New Delhi, May 10 (IANS) Domestic passenger car sales in India increased by only 3.40 percent in April and stood at 168,351 units from 162,813 units sold in the like ... Read more...

Posted in Business |

AI plans to use Dreamliner on domestic routes to cut cost


May 6th, 2012 - 4:34 pm ICT by IANS
New Delhi, May 6 (IANS) Air India plans to deploy the Boeing-787 Dreamliner aircraft on domestic routes to save on fuel, train the crew and add flexibility to its ... Read more...

Posted in Business |

India’s first RFID technology toll comes up near Chandigarh


April 19th, 2012 - 7:43 pm ICT by IANS
Chandimandir (Haryana), April 19 (IANS) India's first RFID (radio frequency identification) -based electronic toll plaza was inaugurated on National Highway No.5 (NH-5) at Chandimandir in Haryana's Panchkula district.Union Road Transport ... Read more...

Posted in Business |

Go Air in talks with European carriers for maintenance work


April 19th, 2012 - 7:39 pm ICT by IANS
Chennai, April 19 (IANS) With its fleet size set to expand, low cost carrier Go Airlines is in talks with two European carriers for an aircraft maintenance and spare parts ... Read more...

Posted in Business |

SpiceJet’s third quarter net loss at Rs.39.26 crore


February 6th, 2012 - 7:33 pm ICT by IANS
Mumbai, Feb 6 (IANS) Budget carrier SpiceJet Monday reported a net loss of Rs.39.26 crore for the quarter ended Dec 31 from a net profit of Rs.94.44 crore in the ... Read more...

Posted in Business |

Auto companies start 2012 with good sales (Roundup)


February 1st, 2012 - 7:56 pm ICT by IANS
New Delhi, Feb 1 (IANS) Automobile companies have begun the new year on a positive note, logging steady and stable growth in sales for the month of January.The industry had ... Read more...

Posted in Uncategorized |

NTPC’s third quarter net falls 10.16 percent


January 27th, 2012 - 7:04 pm ICT by IANS
Mumbai, Jan 27 (IANS) Electricity generation public sector company NTPC Friday reported a 10.16 percent decline in its net profit for the third quarter of the current fiscal at Rs.2,130.39 ... Read more...

Posted in Business |

Renault bets on diesel models to beat competition


December 18th, 2011 - 1:35 pm ICT by IANS
Kolkata, Dec 18 (IANS) With diesel variants now accounting for over a fourth of India's passenger car sales, French major Renault has decided to roll out this fuel's versions in ... Read more...

Posted in Business |

Oil firms cut jet fuel prices by 1.38 percent (Lead)


December 15th, 2011 - 10:04 pm ICT by IANS
New Delhi, Dec 15 (IANS) State-owned oil marketing companies (OMCs) Thursday pared jet fuel prices by 1.38 percent or Rs.833 per kilo litre (kl), effective from Dec 16.With this, ... Read more...

Posted in Business |

Another global slowdown a possibility: Mukherjee


December 9th, 2011 - 4:25 pm ICT by IANS
New Delhi, Dec 9 (IANS) Finance Minister Pranab Mukherjee Friday said another global slowdown was now a possibility as international economies suffer from rising inflation and fuel cost."Another global ... Read more...

Posted in Business |

Hyundai to increase car prices from January


December 7th, 2011 - 4:55 pm ICT by IANS
New Delhi, Dec 7 (IANS) Automobile major Hyundai Motor Wednesday said it will hike prices by 1.5 percent to two percent across models from January 2012."The price increase will come ... Read more...

Posted in Business |

Hyundai Motor’s November sales up 28.1 percent


December 1st, 2011 - 7:57 pm ICT by IANS
New Delhi, Dec 1 (IANS) Automobile major Hyundai Motor's November sales, including exports, increased by 28.1 percent at 57,080 units from 44,540 units sold in the like period of last ... Read more...

Posted in Business |

Ford’s domestic sales up 11 percent


December 1st, 2011 - 6:36 pm ICT by IANS
New Delhi, Dec 1 (IANS) American automobile major Ford's Indian subsidiary Thursday reported an increase of 11 percent in its domestic sales for the month of November at 8,322 units ... Read more...

Posted in Business |

Sushma blames wrong UPA policies for price rise


November 20th, 2011 - 4:03 pm ICT by IANS
New Delhi, Nov 20 (IANS) Bharatiya Janata Party (BJP) leader Sushma Swaraj Sunday blamed the "wrong policies" of the United Progressive Alliance (UPA) for rising prices and accused Prime ... Read more...

Posted in Politics |

Rate hike, fuel cost hit car sales


November 10th, 2011 - 7:15 pm ICT by IANS
New Delhi, Nov 10 (IANS) Production losses at market leader Maruti Suzuki coupled with damp buyer sentiment due to high interest rates and rising fuel prices have resulted in the ... Read more...

Posted in Business |

Kingfisher Airlines Q1 net loss at Rs.263.54 crore


August 10th, 2011 - 11:01 pm ICT by IANS
Mumbai, Aug 10 (IANS) Vijay Mallya-led Kingfisher Airlines Wednesday reported an increase in its net loss for the first quarter of the current fiscal at Rs.263.54 crore as compared to ... Read more...

Posted in Business |

NTPC’s first quarter net profit up 12.69 percent


July 25th, 2011 - 7:09 pm ICT by IANS
New Delhi, July 25 (IANS) State-run power generation major NTPC Monday reported an increase of 12.69 percent in its net profit for the first quarter of 2011-12, which stood at ... Read more...

Posted in Uncategorized |

Air India to get demo-trial on Boeing 787 next week


July 6th, 2011 - 7:10 pm ICT by IANS
New Delhi/Mumbai, July 6 (IANS) National carrier Air India, which is expected to receive its first Boeing 787 Dreamliner aircraft in the fourth quarter of the year, will get its ... Read more...

Posted in Business |

Interest rates, fuel hikes dampen automobile sales in June (Roundup)


July 1st, 2011 - 9:17 pm ICT by IANS
New Delhi/Chennai, July 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

Posted in Business |

Maruti’s sales drop by 8.8 percent in June


July 1st, 2011 - 3:13 pm ICT by IANS
New Delhi, July 1 (IANS) Automobile giant Maruti Suzuki, which recently faced a 13-day strike at its manufacturing facility in Manesar, Friday reported a drop of 8.8 percent in its ... Read more...

Posted in Business |

Air India cancels 50 flights to reduce cost


June 2nd, 2011 - 7:01 pm ICT by IANS
New Delhi/Mumbai, June 2 (IANS) In a move to reduce operating costs, Air India Thursday said it has curtailed 50 flights on international and domestic routes to maintain balance between ... Read more...

Posted in Business |

Kingfisher Airlines 2010-11 net loss at Rs.1,027 crore


May 24th, 2011 - 5:00 pm ICT by IANS
Mumbai, May 24 (IANS) Vijay Mallya-promoted Kingfisher Airlines Tuesday reported a full-year net loss of Rs.1,027 crore, down from Rs.1,647 crore in fiscal 2009-10, mainly on account of improved performance ... Read more...

Posted in Business |

Jet fuel prices down, but no respite to passengers


May 16th, 2011 - 7:00 pm ICT by IANS
New Delhi, May 16 (IANS) Despite the state-owned Oil marketing companies (OMCs) cutting jet fuel price last week by 2.9 percent - after increasing it 14 successive times - ... Read more...

Posted in Business |

Automobile sales jump 23 percent in April


May 9th, 2011 - 8:49 pm ICT by IANS
New Delhi, May 9 (IANS) Indian automobile industry Monday reported a rise of 23 percent in vehicle sales in April at 1,338,564 units, up from 1,090,041 units in April 2010.The ... Read more...

Posted in Business |

Successful biofuel flight conducted in Mexico


April 3rd, 2011 - 11:09 am ICT by IANS
Mexico City, April 3 (IANS/EFE) European aircraft manufacturer Airbus and Mexican budget airline Interjet successfully conducted the first Jatropha-based biofuel flight in Mexico.The demonstration flight from Mexico City to the ... Read more...

Posted in Sci-Tech |

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