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Wednesday, December 22, 2004
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Air Deccan to acquire 30 aircraft from Airbus
BANGALORE, DEC. 21.Air Deccan today signed a $1.8 billion contract with the aviation major Airbus Industrie to directly purchase 30 new Airbus A320 aircraft over the next six years. Delivery of these 180-seater aircraft, all-economy layout, will ...

Reliance Energy to amend Articles of Association
MUMBAI, DEC. 21. Reliance Energy Ltd (REL) today informed the Bombay Stock Exchange (BSE) its plan to amend some sections of the company's Articles of Association (AoA) which would enable the majority shareholder Reliance Industries Ltd (RIL) to ...

New package for small tea growers
NEW DELHI, DEC. 21.A "Small Growers Development Agency'' for the tea industry would be set up soon and a special package for this sector, utilising the Re. 1 a kg additional excise duty on tea, would be taken to the Union Cabinet for approval, ...

Airbus sees huge potential
BANGALORE, DEC. 21.The Chief Commercial Officer of Airbus Industrie, John Leahy, today predicted that India had the potential to emerge as the second largest aircraft market in Asia after China. The high ranking official from the European ...

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Barometer


Briefly
IOC raises $350 m
NEW DELHI, DEC. 21. The Indian Oil Corp has raised foreign currency loan of $350 million to meet its requirement of funds for capital expenditure and oil imports. "Out of total loan facilities of $350 million, an amount of $200 million will be ...

Korea accepts EIC certificate
NEW DELHI, DEC. 21.The Korean Food and Drug Administration (KFDA) has agreed to accept certification of agricultural and food products exported from here by the Export Inspection Council (EIC) of India. The EIC is an autonomous statutory body ...

Buys stake in TD Waterhouse
MUMBAI, DEC. 21.Tata Investment Corporation has acquired 49.9 per cent shareholding held by TD Waterhouse Group Inc. in Tata TD Waterhouse Securities Private Limited (TTDWS). Two other Tata companies hold the balance 50.1 per cent, a company ...

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