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Marico net surges 32% to Rs 62 cr
FMCG major Marico has posted 32 per cent jump in its consolidated net profit for the quarter ending September 30, 2009 at Rs 62.35 crore as compared to Rs 47.12 crore profit it posted in the corresponding quarter last financial year. http://smallpersonalloans.org.uk

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Aabhas Sharma / New Delhi December 5, 2009, 0:47 IST

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Inflation turns positive after three months
Primary articles, especially food items, pushed the headline inflation rate, as measured by the wholesale price index (WPI), into positive territory at 0.12 per cent for the week ended September 5, after staying in the negative for 13 weeks.
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Bird hits cause Rs 7 cr loss for airlines

Cash-strapped airlines have been pounded on another front suffering a loss of at least Rs 7 crore this year on account of bird hits. - Test flights on green fuel by global airlines - Kingfisher aircraft overshoots runway; passengers safe - Kingfisher to raise $600 mn, mostly to pay off debt - India Eco Summit: Kingfisher Airlines to raise $600 mn - Jet, Kingfisher, SpiceJet raise fuel levy by up to Rs 200 - Riding the bottom Till October, 241 bird-hit cases were reported. Kingfisher airlines suffered the most due to 60 such incidents, followed by Jet Airways (49), SpiceJet (30), Indigo (27), Air India (24) GoAir (7) and Paramount (1). International airlines had also reported 34 such incidents, according to figures released by the Civil Aviation Ministry today. Jet Airways suffered a loss of Rs 8.91 lakhs, Indigo (Rs 87 lakh), Spice Jet (Rs 5.57 crore) and GoAir (Rs 45.6 lakh). The figures of losses incurred by Air India and Kingfisher were not available. The National Bird Control Committee (NBCC) set up by Ministry of Civil Aviation on the recommendation of International Civil Aviation Organisation (ICAO) met under the chairmanship of Civil Aviation secretary M M Nambiar and suggested several measures to reduce the number of such cases. Last year, there were about 304 bird-hit cases, while in 2007 and 2006 it was 217 and 167 respectively. Ahmedabad airport reported a increasing number of bird hits.


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