The Hindu Business Line : Sunday, October 30, 2005

HAL deals to open new doors for local players in outsourcing
HINDUSTAN Aeronautics Ltd's mega deals with BAe Systems, Boeing, Airbus and Bell Helicopters have an outsourcing bonanza worth at least Rs 400 crore waiting for the budding private aerospace sector, according to its top officials. HAL in recent ... More

Non-stop Delhi-Singapore IA flights from today
INDIAN Airlines is to introduce a daily non-stop flight between Delhi and Singapore and a connection from Jaipur to Kuala Lumpur in the winter schedule that comes into effect from October 30. In a statement, the airline has said IC 859 will ... More

Northwest KLM puts Bangalore operations on hold
FUEL costs have forced Northwest Airline to put its Bangalore flight programme on hold. The airline was scheduled to start daily Seattle-Amsterdam-Bangalore service from October 30. A release said the airline's move comes from its recent ... More

FINANCIAL PERFORMANCE

SCI net dips to Rs 149.9 cr in Q2
SHIPPING Corporation of India (SCI) has reported a fall in net profit for the second quarter of the current fiscal to touch Rs 149.95 crore against Rs 210.13 crore in the corresponding period of last fiscal, in the wake of softening of the global ... More

Jet Airways net down 11 pc in Q2
JET Airways has posted a profit after tax of Rs 68.59 crore for the second quarter ended September 30, 2005. This was 11.4 per cent down on the Rs 77.42 crore recorded in the quarter ended September 30, 2004. The company has attributed the drop ... More

MERGERS & ACQUISITIONS

Mallya to put in `indicative offer' for Air Sahara stake
KINGFISHER Airline will put in an `indicative offer' for picking up a stake in Air Sahara before the October 31 deadline set by the consultants expires, the airline's Chairman and Managing Director, Mr Vijay Mallya, said on Saturday. "We will ... More

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