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INTERNATIONAL
UAE airlines gets IAAI licence for facilities
Dubai: Dnata, a part of the Emirates airline group, the United Arab Emirates (UAE) official carrier, has won a 10-year licence from the Airports Authority of India (AAI) to provide ground and passenger handling services for four of the country's busiest airports.
NATIONAL
Zee to team up with international media major
New Delhi: India's largest private television network Zee Telefilms (ZTL) said on Wednesday the firm had decided to join hands with an international media major which will be a strategic partner.
BSE index shows a nominal rise of 0.93 per cent
Bombay: Share prices on the Bombay Stock Exchange (BSE) closed 0.93 per cent higher on Wednesday on heavy buying by foreign funds in select information technology and media stocks, brokers said. The 30-share BSE sensitive index closed up 33.94 points at 3,674.54.
Indo-Austria cooperation in hydropower sector
New Delhi: India and Austria have agreed to establish a joint working group to promote and prepare a roadmap for cooperation in the hydropower sector.
Air India's losses dip despite hiked expenditure
New Delhi: State-run Air India, which is heading for privatisation, said on Wednesday that its net loss had declined to Rs 285 million (6 million Dollars) for the year ended March.
Favours make Air India MD unwelcome
New Delhi: Air India (AI) Managing Director Michael Mascarenhas was on Wednesday suspended from service for alleged ''undue favours'' shown to the airline's General Sales Agent in London, Welcome Travels, which resulted in millions of Rupees of loss to the national carrier.
Australian companies keen to take over KGF
Bangalore: At least two Australian companies appear keen on taking over "bits and pieces" of the world's second deepest mine - the Kolar Gold Fields (KGF) - currently closed down because of huge losses, to extract six tons of gold.
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