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No wage cut, Praful Patel assures A-I employees Minister of Civil Aviation says reports of a 25-pc salary cut are rumours. Praful Patel to meet PM, plead for airlines Civil Aviation Minister will ask for tax cut on aviation turbine fuel. Rising fuel prices force IT cos to look at cost cutting The latest victim of price hike seems to be the IT industry specially the SMEs. Airlines tighten belt, may slash incentives by 25 pc This too is in keeping with PM's austerity measures and rising fuel prices. Oil prices surge, touch new record at $139 a barrel That gloomy outlook sent stocks tumbling, Dow Jones fell 400 points. Oil turmoil fuels job cut fears in US The unemployment rate jumped from 5 to 5.5 per cent, the biggest increase in 22 years. Govt struggles to find an Insurance regulator IRDA chairman CS Rao retired a month ago and his replacement is yet to be found. 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 The market was estimating the figure to settle at 8.25 per cent. Green is the new colour of IT in Bangalore IT biggies like Infosys, Wipro and TCS are developing eco-friendly campuses. Mr & Mrs X: investor couples dupe clients of crores Authorities hunt for Sudhir and Madhu Jhunjhunwala, accuse them of fraud. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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