Company News

Jet Airways, Kingfisher Want To Get Tax Relief

Jet Airways, Kingfisher Want To Get Tax Relief The increasing problems for the Indian Carriers due to rising expenses, especially the rise in aviation fuel recently initiated an unwanted episode of firing of employees.

Following this, the owner of Kingfisher, Vijay Mallya approached the Parliament and Naresh Goyal of Jet Airways knocked the door of finance minister P Chidambaram with the aim to get tax relief for airlines.

“Job cuts and layoffs coupled with high aviation turbine fuel (ATF) prices and larger taxes can affect in the number of flights which is likely to go down,” reported Mallya.

Max Hypermarket sketches expansion plan worth Rs 100 crore

Sadbhav Engineering bags contract worth Rs 268 crore

Ahmedabad-based Sadbhav Engineering has informed that the company has secured a contract worth Rs 268.34 from Gujarat Industries Power Co. Ltd. (GIPCO).

U.S. FDA withholds approval of Abbott painkiller

Nissan to cut auto production due to reduced US demand

NissanTokyo - Nissan Motor Co on Tuesday announced a

Balaji Telefilms in legal muddle over KSBKBT

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