Business

National Stock Exchange recorded 129 cr equity trades, showing marginal improvement of 1 per cent compared to 2011.

The cash-strapped airline is yet to pay its staff for seven months now.

DGCA had suspended the operating licence of the airlines, citing security reasons.

The central bank had asked all banks to migrate to 'CTS-2010' standard cheques by December 31, 2012.

Sensex rose as the Parliament passed the banking bill that paves way for foreign investments in the sector.

In the event of flight disruption due to fog, the airline plans to deploy additional aircraft.

It is vital that the cash-strapped airline satisfies the DGCA that it has enough financial strength before resuming its operations.

The RBI said banks would be responsible for direct losses incurred by a cardholder due to system malfunctions.

Others who have announced major layoffs in 2012 are AMR Corporation, PepsiCo, MetLife, Procter & Gamble and Morgan Stanley.

The panel also said that any increase in ticket prices should be approved by aviation regulator DGCA in the future.

The company has been trying to enter the lucrative Indian market since 2008.

The banking system's liquidity shortage has stayed above RBI's stated comfort zone since the middle of last month.

Sahara said it had offered to repay the holders of Optionally Fully Convertible Debentures and had kept two pay orders ready.

Led by Reliance Industries, the Sensex settled the day at 19,391.86, higher by 43.74 points, or 0.23 per cent.

The Finance Ministry had recently revised its fiscal deficit target for the fiscal to 5.3 pc for 2012-13.

The disinvestment in NTPC may fetch the exchequer over Rs 12,000 crore.