Business

He expressed the hope that the central bank would "take a considerate view" as the economy needs infusion of funds keeping inflation under control.

The company had posted a net profit of Rs 565.17 crore for the corresponding period last financial year.

The latest numbers are the lowest since December 2009 when headline inflation was at 7.15 per cent.

Removal of the investment cap is likely to help global fashion brands, especially from Italy and France, to strengthen their interest in the growing Indian market.

The crew decided to resume work after their sustenance allowance dues were partially paid.

The Planning Commission Deputy Chairman said the economic downturn is expected to be over, and inflation brought under control.

Economic Affairs Secretary R Gopalan said it is safe to assume the Budget to be tabled between March 12 and 16.

The industry feels that the best way to deal with the slowdown is to boost investment in the infrastructure projects.

We have adequate number of pilots and engineers to operate our scheduled services, Kingfisher Airlines said.

The Nifty rallied 128.55 points or 2.77 per cent, to end at 4,765.30.

Pratip Chaudhury of SBI says that the investment sentiment is currently down in the dumps.

A spokesman for the airline said it was not yet decided how big a stake the banks will own.

The BCCI will encash the bank guarantee of Rs 2,000 crore, while Nimbus is expected to approach the court.

The offer by Mittal's company to invest in the Thar coal project was brokered through a consultancy firm in Dubai.

RIL had in 2009 submitted a field development plan (FPD) for four satellite fields in KG-D6 block.

In a survey, Kingfisher shares honours with Jet Airways in the category of most favoured airlines.