Monday, June 2, 2008

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Oil firms to lose Rs 650 cr a day on fuel sale
    MAJOR LOSS: Per litre loss on petrol has risen to Rs 21.43 and on diesel its Rs 31.58 per litre.Per litre loss on petrol has risen to Rs 21.43 and on diesel its Rs 31.58 per litre.
Sony may have made Rs 300 cr in first IPL season
    BUSINESS OF IPL: Media planners say the real windfall for Sony too will come next season.Sony says it has beaten its own target of Rs 200 crore ad revenue.
Air fares set to go up: Kingfisher, Deccan hike fuel surcharge
    PRICE UP: As a major private airline, Kingfisher operates about 248 flights a day.Both the airlines have hiked fuel surcharge from Tuesday.
New global acquisitions show India Inc's clout: WSJ
    BIG BUY: Recently Vedanta Resources acquired a bankrupt US firm for $2.6 billion.Recently Vedanta Resources acquired a bankrupt US firm for $2.6 billion.
India's growth intact but fuel price hike inevitable: PM
    PM'S VIEW: Continuing subsidy on the fuel bill not good for the economy.PM says continuing subsidy on fuel bill not good for the economy.
Brace yourself to pay more, petrol to go up by Rs 3
    OIL'S NOT WELL: The CWC is meeting to thrash out political implications of price hike and how the blow can be softened.Murli Deora had indicated to CNN-IBN that a petrol price hike was inevitable.
Inflation rises to a new high of 8.1 pc, FM worried
    DAMAGE CONTROL: P Chidambaram says govt would aim to moderate inflation without dampening growth.He says govt would aim to moderate inflation without dampening growth.
Expect price rise in petroleum-based products
    Rising fuel prices making headlines around the world.
GDP at 8.8 pc | Inflation at 8.1 pc | Fuel may go up by Rs 3

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