Thursday, June 19, 2008

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India positive & second in consumer confidence index
    OUTLOOK POSITIVE: Consumer confidence falls in 39 countries but not in India.AC Nielson survey tracks consumer confidence in 51 markets.
Plane good news: Board domestic, fly international
    CHEAP AND EASY: SpiceJet, Indigo, GoAir, Kingfisher, even Paramount, could fly international. Indian carriers will soon compete with international ones, lowering fares.
Tax evasion is Sahara's doing, not ours: Jet tells taxman
    JETSETTERS: JetLite is providing full co-operation to the authorities, the company said.The Income Tax department has demanded Rs 200 cr as tax from Jet.
New private airlines likely to get international wings
    HIGH FLIER: Kingfisher chief Vijay Mallaya wants to fly on international routes.Clause restricting new airlines from operating international flights may go.
Pfizer, Ranbaxy settle dispute over Lipitor
    SWEET PILL: Ranbaxy will benefit from a 180-day exclusivity clause on Lipitor from November 2011 in US.The move will give Ranbaxy access to over $1 billion in sales revenue.
Indian core sector growth declines to 3.6 %
    STEEL NOT GROWING: Growth in six core infrastructure industries declines.Growth of six industries declines to 3.6 per cent in April.
Relief for Sahara, RBI gives 3-yr breather on deposits
    BANK ON THEM: Reserve Bank of India has given Sahara India Finance a three-year breather.The RBI has allowed Sahara to accept deposits up to 2011.
Ambani brothers at war again: Is MTN rattled?
    WAR OF WORDS: Reports say MTN officials have quietly landed in India to continue talks with RCOM.Reports say that MTN officials have landed in India for talks with RCOM.
Oil dips, Saudi Arabia poised to boost output
    OIL PRICE: The dip into negative territory came after a brief surge earlier in the session to a record high near $140 a barrel.Saudi Arabia appeared poised to boost production to the highest level.
Inflation fever rises, Montek says be patient | Is it bad?
    PATIENCE PLEASE: Montek says by September-October India would be in a much better position on the inflation front.Inflation is now at a seven-year high, at 8.75 per cent.
All about the money: Making right career choices
    Finds out how crucial is your college degree to get the right job.
Watch: What Ambani vs Ambani battle is about

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