Kingfisher Airlines and Jet Airways , the nation’s two biggest private airlines, on Friday raised fares for the third time in the last 12months to partly offset losses due to rising fuel prices, a move that may drive a few potential passengers to railway minister Mamata Banerjee’s Duronto Express.
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Kingfisher Airlines and Jet Airways raised fares for third time
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State Bank of India snipped interest rates by 25-50 basis points on deposits.
SBI (State Bank of India) has snipped interest rates by 25-50 basis points on deposits up to 5 years time period. After several months, this is for second time that India’s biggest bank has snipped term deposit rates.
Read more »GSM Mobile Service Provider Huawei bags deal from BSNL
State-run Bharat Sanchar Nigam Ltd BSNL has awarded part of its expansion contract in GSM-based mobile services to Huawei.
Read more »Apple to Launch Verizon iPhone in Third quater (Q3) of year 2010
A new report citing sources in the Taiwan handset supply chain says Apple has contracted to produce a UMTS/CDMA hybrid iPhone due in the third quarter of next year.

10 Million Samsung Touchscreen Phone 'Star S5230' Sold Out
Samsung's entry level touchscreen phone, the Star S5230, was undoubtedly one of the best sellers of 2009. However, it seems to have exceeded Samsung's own expectations and has now sold more than 10 million units since its launch earlier this year!
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Deccan 360 all set to Launch operations from Monday
Deccan 360, the Indian express logistics company owned by local airline entrepreneur G.R. Gopinath, will launch operations with eight freighter aircraft Monday
Read more »Tata's Low Cost Housing Model Going Global - Ratan Tata
The Tatas are giving a global perspective to their successful affordable housing model, which was launched in Mumbai. Ratan Tata, Chairman of Tata Sons, said that Tata Housing has got enquiries for replicating the Mumbai housing model from other countries and is likely to start out from Maldives.
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Government May Convert Rs 523 Crore Debentures in IFCI
The government is exploring the possibility of converting its zero-coupon optionally convertible debentures worth Rs 523 crore in IFCI.
Read more »Google Inc seeks revenue from online retailers
Google Inc is selling a special search product to online retailers, as the Internet giant widens its hunt for new sources of revenue.
Read more »Wipro acquired Yardley business in Asia for $45.5 million
The consumer care and Lighting business of Wipro acquired the Yardley business in Asia, Middle East, Australiasia and certain African markets for $45.5 million (around Rs 215 crore) from UK-based Lornamead Group.
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