Opening with a negative gap of 146 points at 9,902 on Monday, the Sensex nosedived more than 450 points, as traders cast off frontier banking, metals and realty space. A week back, the Sensex had leaped over 12 percent; and due to a rise in stock market rally - kicking off from the US affecting markets the world over - the Sensex rose more than 23 per cent in the past twelve trading sessions.
British Airways authorities Sunday onwards suspended its direct services from Kolkata to London - practically applying its last year announcement - saying that the route was not making adequate profit! Coincidentally, the same day, Air India resumed its October 2008-suspended service on the Kolkata-London route, via Delhi.
With the last British Airways flight taking off at around 5 a. m. from the Netaji Subhash Chandra Bose International Airport, the carrier's thrice a week service, direct form Kolkata to Heathrow Airport in London, has been scrapped.
According to reports, India's foremost privately-owned airline Jet Airways intends slashing its fleet capacity - the airline had earlier announced 18-20% reduction in its winter schedule from October to February.
The airline's Chief Commercial Officer Sudheer Raghavan said that the cuts result from "excess manpower," the company would try to redeploy the affected fleet members for providing better customer service.
For its two-year postgraduate programme (PGP) in management, Indian Institute of Management, Ahmedabad (IIM-A) has raised its fees by Rs. 1 lakh, which means a rise of Rs. 50,000 in each of the two years.
The new fee structure will affect the students securing admission in the academic year 2010. They will have to pay Rs. 12.5 lakh for the PGPM - which means a break-up of Rs. 6 lakh instead of the earlier Rs. 5.5 lakh for the first year; and Rs. 6.5 lakh in place of Rs. 6 lakh for the subsequent year.
Larsen & Toubro, India’s largest maker of equipment for the nuclear power sector, has announced that it has received an order from the Nuclear Power Corporation of India Ltd (NPCIL).
The scope of the order, which is valued at Rs 345 crore, includes design, manufacture and supply of four steam generators for 700 megawatt electric (MWe) pressurised heavy water reactors.
In an announcement, the company said that the steam generators would be supplied to the Kakrapar Atomic Power project 3 and 4.
Here’s good news for the BSNL users. Country’s public sector telecom company, Bharat Sanchar Nigam Ltd. (BSNL) on Friday has joined hands with Hungama Digital Media Entertainment Pvt. Ltd. to launch bsnl.hungama.com, an entertainment broadband value added service.
Both the companies claimed that it is country’s first on-Demand Digital Entertainment Music Store and Gaming services available to broadband subscribers of BSNL.
The service will offer audio music, video music and gaming facilities to BSNL broadband customers at monthly charges.
Opening with a negative gap of 146 points at 9,902 on Monday, the Sensex nosedived more than 450 points, as traders cast off frontier banking, metals and realty space. A week back, the Sensex had leaped over 12 percent; and due to a rise in stock market rally - kicking off from the US affecting markets the world over - the Sensex rose more than 23 per cent in the past twelve trading sessions.
British Airways authorities Sunday onwards suspended its direct services from Kolkata to London - practically applying its last year announcement - saying that the route was not making adequate profit! Coincidentally, the same day, Air India resumed its October 2008-suspended service on the Kolkata-London route, via Delhi.
According to reports, India's foremost privately-owned airline Jet Airways intends slashing its fleet capacity - the airline had earlier announced 18-20% reduction in its winter schedule from October to February.
For its two-year postgraduate programme (PGP) in management, Indian Institute of Management, Ahmedabad (IIM-A) has raised its fees by Rs. 1 lakh, which means a rise of Rs. 50,000 in each of the two years. 
Larsen & Toubro, India’s largest maker of equipment for the nuclear power sector, has announced that it has received an order from the Nuclear Power Corporation of India Ltd (NPCIL).
Here’s good news for the BSNL users. Country’s public sector telecom company, Bharat Sanchar Nigam Ltd. (BSNL) on Friday has joined hands with Hungama Digital Media Entertainment Pvt. Ltd. to launch bsnl.hungama.com, an entertainment broadband value added service.
