January 17, 2008

Share Market: Kingfisher offers planes to AI on lease

With the prospect of government relaxing norms for airlines to go abroad appearing bleak, Kingfisher is learnt to have approached Air India (AI) for leasing its long range planes. Mallya’s carrier will be eligible to fly abroad on Deccan’s licence from August but the long-range Airbus A-330 and A-340 will start arriving in April itself.

News Collected from Ms Dolly

Share Market News

Over the last one year, Reliance Entertainment (REL), a company promoted by the Anil Dhirubhai Ambani Group (ADAG), has acquired 250 cinema houses in the US. Spokespersons for the company declined to comment. Industry sources though said that this string of acquisitions ties in with the company’s plan to promote films, it either produces or acquires, in the US and UK.

News Collected From Ms Dolly

Intraday Trading Tips For 17.01.2007

Buy MRPL abv 127 T1 132 T2 135 Sl 125

Buy Great Offshore abv 1086 T1 1105 T2 1115 SL 1078

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