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Thursday, October 16, 2008

Hot from Business Standard

Jet to cut 1,100 more jobs, employees protest
  
In a desperate attempt to reduce manpower costs after it announced a strategic alliance with Kingfisher Airlines on Monday, Jet Airways, said it planned to axe another 1,100 employees over the next few days.  
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Also Read:

Kingfisher not to sack cabin crew: Mallya

Inflation slips to 11.44%

FM fast-tracks liquidity to banks

RBI cuts CRR 100 bps, releases Rs 40,000 crore

-Sensex down 128pts; HDFC, Rel Comm zoom 9%
-PNB hikes interest rate by 50 basis points
-Goyal discusses lay-off issue with MNS chief
-Emami pays non compete fee of Rs 1,500 per share
-Orchid Chemicals receives ANDA approval
-Oil slides again, now 50% off record highs
-UK-based Fly launches 13 new handsets
-Corus signs contract with Vale for iron ore
-Kingfisher Airlines board okays changes in board
-Inflation slips to 11.44%
-Green India Summit begins in Washington
-Biocon net down 53% at Rs 25 c
Posted by NICAT at 2:18 AM
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