Monday, June 9, 2008

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Oil prices surge, touch new record at $139 a barrel
    UP, UP AND AWAY: Oil prices have shot up more than $11 to a new record. That gloomy outlook sent stocks tumbling, Dow Jones fell 400 points.
Oldest Indian airline Air India turns 60
    Air India started international flights to London via Cairo and Geneva.
Imported cooking oil prices push up inflation
    FM TUNES IN AGAIN: P Chidambaram says surges are due to rise in international crude oil and commodity prices.The market was estimating the figure to settle at 8.25 per cent.
Green is the new colour of IT in Bangalore
    GOING THE GREEN WAY: Their buildings are made of natural stone and they have no-plastic canteens. IT biggies like Infosys, Wipro and TCS are developing eco-friendly campuses.
Mr & Mrs X: investor couples dupe clients of crores
    CHASING CHEAT COUPLE: The Income Tax department suspcets the Jhunjhunwala colluded with firms.Authorities hunt for Sudhir and Madhu Jhunjhunwala, accuse them of fraud.
Fare enough: Fuel price down but not ticket rates
    NIGHTM-AIR: Airlines are still struggling to cut mounting losses.The aviation industry is likely to incur a loss of $2 billion this year.
Hit by crude shock, airlines fly off the handle
    FUEL ON FIRE: Aviation Minister Praful Patel has asked PM for time to make a case for the aviation sector.Heads of domestic airlines are already pruning operations.
Fuel price hike is certain to fuel inflation
    NO RESPITE: Inflation is expected to rise to a 13 year high of 9.5 per cent.Inflation is expected to rise to a 13 year high of 9.5 per cent.

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