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Private air carrier SpiceJet plans to launch international operations by May 2010. The company is currently studying various aspects revolving its plan to go international As per the regulations, an airline needs to fulfil certain requirement such as completing five years of domestic operations and operate 20 or more domestic flights in order to start … Read more SpiceJet to fly international next year
Stockpiles of copper in China have increased by around 300,000-400,000 metric tonnes since the start of 2009, according to a report released by Macquarie Bank on Monday. The report estimates a 50,000-tonne addition at the State Reserve Bureau, 40,000 tonnes at Shanghai Futures Exchange warehouses, 60,000 tonnes at bonded warehouses and 150,000-250,000 tonnes of additional … Read more China dumps USD Buys Copper + Industrial Metals
Reliance Capital, a company led by the Anil Dhirubhai Ambani Group (ADAG), is considering foraying into banking sector again. It has tried before but RBI has declined the license due to them being an industrial house too. The company has charted out a plan for next three to five years, which includes entering the banking … Read more Reliance Capital plans to foray into the banking sector again
The Indian Railways has decided to develop ~ 50 stations as world class stations with international level facilities. These will be developed, through innovative financing and in public private partnership mode (PPP). Some of these stations are CST Mumbai, Pune, Nagpur, Howrah, Sealdah, Bhubaneswar, New Delhi, Lucknow, Varanasi, Amritsar, Kanpur, Guwahati, Jaipur, Chennai Central, Tiruvananthapuram … Read more 50 Railway Stations to be Upgraded to World Class Standards + Budget Impact
Cinemax India is set to launch its four screens multiplex at Cinemax – Red Carpet – at Ahmedabad on July 3, 2009. The multiplex has a capacity of 987 seats, including 180 recliner seats. It will be open to the patrons with screening of block buster movie New York and the most eagerly awaited mega … Read more Cinemax Red Carpet – four screens multiplex at Ahmedabad
India Infoline has entered into a strategic agreement with Interactive Brokers LLC (USA) to provide its clients with direct market access to over 80 global exchanges in 18 countries. Thus, the former’s clients will have opportunity to globally diversify their portfolios. Presently, an Indian resident can invest in overseas assets to the extend of $2,00,000 … Read more India Infoline enters into strategic agreement with Interactive Brokers