Mon 21 May, 2012, 11:58 AM IST - India Markets close in 4 hrs 2 mins

Airlines

  • The final cabinet note on the issue of allowing foreign airlines to buy upto 49% stake in domestic airline has been moved and it is expected that the government will soon take a view on it. It is also ...

  • PORTLAND, Ore. -- Precision Castparts Corp. has agreed to acquire Dickson Testing Company ("Dickson") and Aerocraft Heat Treating Company ("Aerocraft").

  • New Delhi/Mumbai, May 20 (IANS) The crisis in Air India raged on for the 13th day Sunday and the national carrier's losses mounted to Rs.230 crore as the impasse between agitating pilots and the management ...

  • WSIS Forum 2012 Concludes Business Wire - 21 hours ago
    WSIS Forum 2012 Concludes

    The World Summit on the Information Society Forum 2012 concludes today in Geneva, Switzerland on a high note for the United Arab Emirates delegation that partook in the five-day international event.

  • New terminal in lucknow airport inaugurated IANS - Sat 19 May, 2012 3:27 PM IST

    lucknow, May 19 (IANS) The new terminal at lucknow's Chaudhary Charan Singh Airport was inaugurated by Civil Aviation Minister Ajit Singh Saturday.The 20,000 square metre, three-tier building has departure ...

  • Ajit Singh asks pilots to resume work IANS - Sat 19 May, 2012 3:00 PM IST

    lucknow, May 19 (IANS) Civil Aviation Minister Ajit Singh Saturday again asked striking Air Indian pilots to resume work, saying the government was willing to listen to them.Speaking after the inauguration ...

  • London, May 19 (ANI): Facebook employees, who have just become some of the richest men on the planet after the IPO bonus, hardly even bothered to open the champagne to celebrate the occasion at the company's ...

  • Colorado State Economic Development Commission Awards Gaylord … Business Wire - Sat 19 May, 2012 3:47 AM IST

    Gaylord Entertainment Company announced today that the Colorado State Economic Development Commission has awarded the Gaylord Aurora project a state sales tax incentive pursuant to the state’s Regional Tourism Act enacted in 2009.

  • IDEAg Interconnectivity Conference, a first-of-its-kind event where interconnected ag solutions providers, precision ag users and producer thought leaders will meet to share ideas

  • Chesapeake Energy Corporation Reduces Board Compensation Business Wire - Sat 19 May, 2012 1:31 AM IST

    The Board of Directors of Chesapeake Energy Corporation today announced that it has adopted a new compensation arrangement for outside directors that reduces compensation by approximately 20% and eliminates the use of fractionally owned aircraft for personal travel by outside directors.

  • State Bank of India plans to approach Moody's for rating upgrade … Contify Banking - Fri 18 May, 2012 10:54 PM IST

    New Delhi: State Bank of India's Chairman Pratip Chaudhuri Friday said it plans to approach global credit rating agency Moody's Investors Service to reverse the last year's downgrade on its standalone ...

  • AI to prune operations if pilots' strike continues IANS - Fri 18 May, 2012 10:22 PM IST

    New Delhi/Mumbai, May 18 (IANS) The government is considering to further curtail Air India's international operations, if a group of pilots continue their strike, which has already lasted for 11 days and ...

  • Frontier Airlines Lands in Bloomington-Normal Business Wire - Fri 18 May, 2012 10:00 PM IST

    Frontier Airlines lands at Central Illinois Regional Airport in Bloomington-Normal, Ill. today, bringing with it low fares and nonstop service to/from both Denver International Airport and Orlando International Airport .

  • New Delhi, May 18 (IANS) A probe is on to find out whether Air India lost market share or any revenue by awarding the contract to manage its ticketing call centres to Gurgaon-based InterGlobe Enterprises ...

  • Fly Frontier Nonstop from Colorado Springs to Orlando and San … Business Wire - Fri 18 May, 2012 9:00 PM IST

    Frontier Airlines, the largest low-cost airline serving Colorado Springs, today announced the addition of nonstop service to both Orlando, Fla. and San Diego, Calif. . T

  • New Delhi, May 18 (IANS) Civil aviation ministry officials Friday defended Minister Ajit Singh's visit later this month to the US to receive the first of the 27 Boeing-787 Dreamliners, saying the aircraft ...

  • Kingfisher Airlines owes Rs 2.69 bln to income tax dept: junior … Contify Investment - Fri 18 May, 2012 8:19 PM IST

    New Delhi: India's cash-deficit carrier Kingfisher Airlines Ltd owes Rs 2.69 billion to the income tax department, which has begun penalty and prosecution proceedings against the Vijay Mallya-led struggling ...

  • Harris' Falcon Wins Another Award Zacks - Fri 18 May, 2012 8:15 PM IST

    Harris Corp. recently won a contract worth $39 million from the U.S. Special Operations Command for Falcon III AN/PRC-152A wideband handheld tactical radios.

  • NEW YORK -- Appnostic, LLC, a global social media marketing and travel technology provider, announces SocialBooker(TM) "Plus-U," an enhanced "fan-to-friend" strategy for the innovative ...

  • India-UAE joint task force to explore investments IANS - Fri 18 May, 2012 5:27 PM IST

    New Delhi, May 18 (IANS) In a bid to boost their $57-billion bilateral trade, India and United Arab Emirates (UAE) Friday decided to set up a high-level joint task force to explore investment opportunities, ...

  • New Delhi, May 18 (ANI): External Affairs Minister S.M. Krishna on Friday said India and United Arab Emirates have decided to set up a high-level Joint Task Force to explore further opportunities in investments....

  • SSP America, the North American division of SSP, the leading operator of food and beverage brands in travel locations worldwide is proud to announce today its 10 year, $800 million

  • Aviation stocks fly high as 49% FDI in aviation sets to take … Accord Fintech - Fri 18 May, 2012 4:27 PM IST

    49% Foreign Direct Investment (FDI) in the aviation sector, which was on the back-burner for months now, could finally see the light of the day over next few weeks, as the government is reportedly waiting ...

  • New Delhi/Mumbai, May 18 (IANS) The crisis in Air India raged on for the 11th day Friday and the national carrier's losses mounted to Rs.200 crore as the impasse between agitating pilots and the management ...

  • Decision on FDI by foreign airlines into Indian carriers in next … Contify Investment - Fri 18 May, 2012 3:27 PM IST

    New Delhi: The Indian government is expected to take a final decision on allowing foreign direct investment (FDI) by overseas carriers in domestic airlines in the next couple of weeks, the CNBC TV-18 reported, ...

  • Delhi High Court warns Air India pilots of contempt action if … Contify Investment - Fri 18 May, 2012 3:27 PM IST

    New Delhi: The Delhi High Court has warned the Air India pilots of contempt action if they "willfully and flagrantly" disobeyed court orders and didn't call off their "illegal" stir ...

  • MSA (MSA): Zacks Rank Buy Zacks - Fri 18 May, 2012 10:30 AM IST

    This safety products manufacturer recently delivered record first quarter revenue and earnings.

  • PSUs set to tap capital markets Equitymaster - Fri 18 May, 2012 8:30 AM IST

    Fiscal deficit at 5.1% of GDP and a heavy government debt burden remain India's key worries. A further rise in expenditure will reduce the government's elbow room to borrow and spend its way out of a crisis. ...

  • CruiseWise announces the launch of the WiseGuide—a free, personalized cruise travel guide now available for download on the website. This new service allows users to create a custo

  • Carroll Shelby International, Inc., and Ford Motor Company will celebrate the incredible life of Carroll Hall Shelby at the Petersen Automotive Museum in Los Angeles on May 30, 2012.

  • LANSDOWNE, Va. -- SSP America, the North American division of SSP, the leading operator of food and beverage brands in travel locations worldwide is proud to announce today its 10 year, $800 million contract ...

  • Precision Castparts Beats, Outlook Up Zacks - Fri 18 May, 2012 3:11 AM IST

    Quarterly earnings were well above the Zacks Consensus Estimate of $2.27 a share and were also up 23.5% year over year.

  • Fitch Downgrades Memphis Airport Bonds to 'A'; Outlook Revised … Business Wire - Fri 18 May, 2012 2:26 AM IST

    Fitch Ratings downgrades to 'A' from 'A+' its rating on Memphis-Shelby County Airport Authority, Tennessee's outstanding $415.5 million bonds secured by the net revenues generated by the operation of Memphis International Airport .

  • Jet Edge International Adds New Gulfstream 450 to Its Charter … Business Wire - Fri 18 May, 2012 2:19 AM IST

    Jet Edge International, a rapidly growing private services company that is reinventing the aviation industry with a boutique business model to offer more value to its clients and aircraft owners, has further expanded its large cabin Gulfstream fleet with a 2005 Gulfstream 450 .

  • Aruba Networks, Inc. today released financial results for its fiscal third quarter ended April 30, 2012.

  • The Commemorative Air Force’s iconic Boeing B-29 Superfortress bomber, FIFI -- the only remaining flying example of the aircraft in the world --- is coming to the Carolinas Aviation Museum in Charlotte, North Carolina on May 25.

  • Merrill, Morgan Stanley doling out Facebook shares Reuters - Fri 18 May, 2012 12:46 AM IST
    Facebook Vice President of Product Cox delivers a keynote address at Facebook's "fMC" global event for marketers in New York City

    Santa - or scrooge - has come early for advisers at Bank of America Merrill Lynch and Morgan Stanley Smith Barney. Advisers at the two firms have started to find out how many Facebook IPO shares they are ...

  • Frontier Takes Off Between Denver and Cedar Rapids Business Wire - Fri 18 May, 2012 12:30 AM IST

    Frontier Airlines today launched new nonstop service between its Denver, Colo. hub and Cedar Rapids, Iowa , bringing its high value, customer friendly service to its second destination served in Iowa.

  • Texas Motorists Warned to Buckle Up or Pay Up Starting May 2 … Business Wire - Fri 18 May, 2012 12:21 AM IST

    From May 21 through June 3, including the Memorial Day weekend, thousands of state troopers, police officers and sheriff’s deputies across the Lone Star state will be on the lookou

  • Cox & Kings gets board OK to raise $140 mln from institutional … Contify Investment - Thu 17 May, 2012 11:45 PM IST

    New Delhi: India's tour and travel service provider Cox & Kings Ltd said it has received approval from its board to garner up to $140 million from an institutional investor for its UK-based subsidiary.The ...

  • Raytheon Wins SM-3 Order Zacks - Thu 17 May, 2012 11:31 PM IST

    Raytheon Company received from the U.S. Navy a $313.8 million contract for low-rate initial production of Standard Missile-6.

  • Analogic Highlights Groundbreaking Quantum Technology at AUA … GlobeNewswire - Thu 17 May, 2012 11:15 PM IST

    PEABODY, Mass. -- Analogic Corporation , enabling the world's medical imaging and aviation security technology, today announced that it will demonstrate its suite of new BK Medical branded ultrasound systems--the ...

  • Research and Markets: The Book 'Travel Law' Keeps You Up To Date … Business Wire - Thu 17 May, 2012 10:44 PM IST

    Research and Markets has announced the addition of the "Travel Law." subscription to their offering.

  • Hilton HHonors Announces The Great Getaway Sale Business Wire - Thu 17 May, 2012 9:55 PM IST

    A well-worn passport can result in more than just a scrapbook full of pictures and good stories to share. According to a recent survey* commissioned by Hilton Worldwide, a majority of respondents believe that travel also provides a better understanding of the world.

  • At the request of the Gwinnett County Citizens Committee, Kinton Aviation Consulting, a leading consulting firm to the aviation industry, was asked a series of questions in order to assist the committee in its efforts to determine long term development options for Gwinnett County Airport - Briscoe Field.

  • CLEAR Arrives in San Francisco Before Memorial Day GlobeNewswire - Thu 17 May, 2012 9:38 PM IST

    NEW YORK -- CLEAR, the nation's pre-eminent biometric secure ID program, announced today it will launch its expedited traveler service at San Francisco International Airport (SFO) on May 23, just ahead ...

  • DHL Meets Unique Demands as Official Logistics Partner for the … GlobeNewswire - Thu 17 May, 2012 9:32 PM IST

    MIAMI -- DHL, the world's leading logistics company and the Official Logistics Partner for the 11th Volvo Ocean Race, is meeting demanding challenges as it transports equipment and emergency spare parts ...

  • Frontier’s Denver-Bismarck Service Takes Off Today Business Wire - Thu 17 May, 2012 9:30 PM IST

    Frontier Airlines’ year-round, nonstop service between Denver International Airport and Bismarck Airport in North Dakota takes off today, bringing with it low fares and customer-friendly service.

  • Fitch Upgrades Grupo Senda's IDRs to 'B'; Outlook Stable Business Wire - Thu 17 May, 2012 9:15 PM IST

    Fitch Ratings has upgraded Grupo Senda Autotransporte, S.A., de C.V.'s local and foreign currency Issuer Default Ratings and its USD150 million senior secured

  • VeriFone Powers Sky News in London Zacks - Thu 17 May, 2012 9:00 PM IST

    The company signed a contract with Sky News to broadcast major news videos through its VeriFone Digital Network's TaxiTV in London's Black Cabs.

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