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Wednesday, April 27, 2005

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Air India board chooses Boeing
50 planes to cost Rs 30,000 cr; in-principle nod for IPO

THE Air-India board on Tuesday approved acquisition of 50 Boeing aircraft of three different types at an estimated cost of Rs 30,000 crore. The airline is buying new aircraft after a gap of nearly 10 years. The board also accorded an ... More

End of a decade-long wait for Air India
AFTER a gap of close to a decade, Air India (AI) has finally moved closer to acquiring 50 brand new Boeing aircraft including the soon to be launched Dreamliner — the Boeing 787. The AI board that met in Mumbai today cleared a proposal to ... More

Some mass consumption items exempted from VAT — Consensus reached on convergence of rates
THE Empowered Committee of State Finance Ministers on VAT on Tuesday gave away fresh sweeteners to ensure smooth sailing of VAT implementation and also achieve convergence in VAT rates. In a common man-friendly move, the committee has exempted ... More

Guwahati HC stays Shoppers' Stop IPO
THE Guwahati High Court has stayed the IPO of Shoppers' Stop following a PIL filed by a little-known organisation of minority shareholders, North East Investors' Association. The matter will come up for listing tomorrow. Mr Justice B. Lamare ... More

Left parties urge Govt not to raise petro prices
THE Left allies of the UPA Government on Tuesday asked the Centre not to raise petrol and diesel prices and instead cut excise duty and put the increase in road cess in abeyance. This, the allies felt would contain the impact of rise in ... More

Resurgent India
Exactly a year ago, Business Line made its entry in Mumbai. On the occasion of the edition's first anniversary, we bring out a four-page colour feature titled "Resurgent India". It reflects the forward march of a nation, counted by many ... More

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