Emirates – Air fares slashed for all Indian destinations

Gulf-based airline major, Emirates Airline, has informed FreePress that the company has slashed air fares across all its destinations in India with immediate effect. These revised fares will be applicable for passengers travelling to Dubai, London and New York from Mumbai. With the revised fares, a return economy class journey for Mumbai-Dubai will cost as … Read more Emirates – Air fares slashed for all Indian destinations

Satyam’s Raju availed 200 cr Personal Loan from SBI

State Bank of India (SBI) has expressed its concern over the unsecured loan in the range of Rs 150 crore – Rs 200 crore provided to troubled Satyam Computer’s chief Ramalinga Raju six months ago. According to reports Raju availed the loan in his personal capacity to help fund the projects, which were owned by … Read more Satyam’s Raju availed 200 cr Personal Loan from SBI

FII sell Rs 1,111 cr in cash market on Wednesday

Foreign institutional investors (FIIs) were net sellers of Rs 1,111.25 crore (provisional) in the cash market on Wednesday, according to information available on the BSE website. While FIIs made gross purchases of Rs 2,496.52 crore, their gross sales amounted to Rs 3,607.77 crore. Domestic institutional investors (DIIs) were net sellers of Rs 505.49 crore (provisional) … Read more FII sell Rs 1,111 cr in cash market on Wednesday

Satyam Crisis Blows to Maytas Infra – Chairman Quits

The crisis surrounding Satyam Computers Ltd has now blown to group company Maytas Infrastructure. Realty major Maytas Infra’s Chairman R C Sinha stepped down from the post of non executive director and chairman of the company citing personal reasons, the company informed the National Stock Exchange and FreePress. Will B. Rama Raju’s son step in … Read more Satyam Crisis Blows to Maytas Infra – Chairman Quits