The Telegraph
Thursday , January 10 , 2013
Since 1st March, 1999
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Business Briefs

Kingfisher staff action

Mumbai/New Delhi, Jan. 9: Kingfisher Airlines today faced fresh trouble with its employees deciding to move court seeking a formal closure of the company if it did not spell out future plans with a timeline for clearing their salary dues of eight months. The employees are also learnt to have moved the DGCA, informing the aviation regulator of their plans which also include seeking the intervention of the President and the Prime Minister, airline sources said.

Extra spectrum

New Delhi, Jan. 9: The government has today issued demand notices totalling over Rs 23,000 crore to telecom companies, including Bharti Airtel, Vodafone and BSNL, for the excess spectrum they hold beyond the prescribed limit.

Realty bill

New Delhi, Jan. 9: The government is likely to come up with a bill in the forthcoming budget session of Parliament to regulate the real estate sector, housing minister Ajay Maken said today.

BSE changes

Mumbai, Jan. 9: The BSE today announced changes in its indices for the mid-cap and small-cap segments, which will come into effect from January 14. A total of 12 new stocks have been included in the BSE Mid-Cap index, while eight existing ones would move out.


Calcutta, Jan. 9: Arundhuti Bhattacharya, managing director and CEO of SBI Capital Markets, today said in a leadership lecture organised by Calcutta Management Association along with The Telegraph that leaders should create an environment where the power of change can drive continuous improvements in business performance.