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View Article  Kingfisher, Air Arabia join hands in the air

The fast-growing aviation sector is throwing up interesting bedfellows. In probably the first of its kind alliance in the world, a low-cost carrier, Sharjah-based Air Arabia, has entered into an interline agreement .

Click the following link http://ww4.6URL.com/0AD7 to read the complete article.

View Article  IOB, Bharat Overseas to merge

A merger of Bharat Overseas Bank with Indian Overseas Bank could be the first one after FM P Chidambaram’s appeal to bankers to acquire size. Sources familiar with the development said .

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View Article  FMCG will see 40% growth in urban areas

The fast moving consumer goods (FMCG) sector would witness over 40 per cent growth in the semi-urban and urban areas, according to an analysis carried out by the Associated Chambers of Commerce .

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View Article  Investors acquire 5.03 cr Reliance shares

After Reliance Industries announced the record date for its demerger scheme, its counter is now abuzz with activity with a clutch of investors resorting to block deals for acquiring over 5.03 crore shares.

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View Article  Bank of Rajasthan plans bond issue

Bank of Rajasthan Ltd said on Monday it would issue Tier II bonds in a private placement to raise about Rs 70 crore.The bonds are for periods of 112 and 88 months and carry a coupon rate of 8.70 per cent and 8.50 per cent.

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View Article  Global cos keen on outsourcing to India

The Indian dominance over the outsourcing business is likely to continue. Global firms have comprehensively voted in favour of offshoring assignments to India over other emerging destinations such as Eastern Europe and China during the next three years.

Click the following link http://ww4.6URL.com/0ACB to read the complete article.
 

View Article  IDBI appeals to RBI, Sebi for AMC

IDBI Bank and its wholly-owned subsidiary IDBI Capital Market Services Ltd have applied simultaneously to the RBI and Sebi for permission to set up an asset management company (AMC) so as to enter the mutual funds business.

Click the following link http://ww4.6URL.com/0AC7 to read the complete article.