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Editor's Desk Jet Airways held a conference call to discuss quarterly and nine months ended results and future growth plans. Wolfgang Prock-Schauer, Chief Executive Officer (CEO), addressed the call. Highlights for quarter ended December 31, 2008 vs. December 31, 2007 Operational System-wide ASKMs of 8,114 million, up 23.2% System-wide RPKMs of 5,369 million, up 17.9% System wide … Read more Jet Airways – Struggling to Fly at breakeven
GSS America Infotech Ltd has informed FreePress India that a meeting of the Board of Directors of the Company will be held on January 29, 2009, inter alia, to consider the following: 1. The unaudited financial results of the Company, both standalone and consolidated, for the third quarter ended December 31, 2008 in the current … Read more GSS America Board to consider Buy-back of equity shares
Tata Communications Ltd has informed FreePress that it has Launched One IP World, First Interactive Through-Leadership Platform for Evolving IP Landscape. Tata Communications, a leading provider of the new world of communications, announced today the launch of One IP World, the industry’s first thought leadership platform, which Will function as an interactive forum fostering dialogue … Read more Tata Communications Launches One IP World
MindTree Consulting (MindTree) held a conference call on 19th January 2009 to discuss third quarter of FY09 results and future prospects. Ashok Soota, executive chairman along with other senior management members addressed the call. Highlights of the call For the quarter ended December 2008, on consolidated sequential basis, operating revenues grew 17% at Rs 363.80 … Read more MindTree Consulting – Still Under EBITDA
Jet Airways and ICICI Lombard General Insurance have joined hands to float an inimitable overseas and domestic travel insurance product, JetProtect. The product is available for purchase on the airlines website only and can be bought simultaneously while booking flight tickets. JetProtect offers security against possible risks during travel. Medical expenses caused by accidents, possible … Read more Jet Airways + ICICI Lombard to float travel insurance product
Federal Bank held its conference call on 19th January 2009 to discuss on the company’s performance for nine months ended December 2008. Highlights Federal bank for the third quarter ended Dec’08 reported 89% increase in Net interest income at Rs 384.59 crore. The 94% spurt in other income at Rs 164.81 crore took the growth … Read more Federal Bank – NRIs contribute 20% of Deposits