Triple-Dip Recession fears grow as UK Service Sector Stalls

Disappointing PMI data adds to fears economy on course to sink into Recession  for third time since financial crisis hit in 2007

Coming only hours before George Osborne delivered his autumn statement, the figures added to fears the UK economy is on course to sink back into recession for the third time since the financial crisis hit in 2007.

The Markit purchasing managers index (PMI) found that the services sector slowed to 50.2 from 50.6 in October. The index, which measures the output, orders and employment, shows that a sector is growing when figures exceed 50.

More worryingly, the index for future orders fell to 49.6 from 52.9 in October.

Chris Williamson, Chief Economist for the UK and Europe at Markit, said the fall in services PMI was a blow to the economy and showed the third quarter's growth surge had run out of steam.

The services sector, which accounts for around 75% of the economy, has proved to be the government's only consolation in the last two years of flat growth, offsetting periods of falling manufacturing and construction output.

Services firms have been hit by low consumer confidence, the government's austerity cuts and the eurozone crisis, which has dented exports.

Howard Archer, at IHS Global Insight ,said the figures were "very disappointing, and highlight the problems the chancellor faces in his autumn statement".

The survey covers transport, storage and communication, financial intermediation, business services, personal services, computing and IT, and hotels and restaurants, but not the retail sector.
The PMI survey covers services such as hairdressing, transport, business services, IT, hotels and restaurants. Photograph: Martin Argles for the Guardian
Further evidence Britain may be sliding towards a triple-dip recession came on Wednesday with figures showing the all-important services sector stalled in November.

Finland's economy slips into recession U.S. News & World Report HELSINKI (AP) — Finland's economy has slipped into recession with a 0.1 percent drop in gross domestic product in the third quarter from the previous three months, as the export-dependent country continues to suffer from a drop in demand among ... See all stories on this topic »

Trichet Deja Vu Haunts Poland as Rates Set to Fall Again Bloomberg Poland's central bank cut borrowing costs for a second month to spur growth in the European Union's biggest eastern economy, which faces the risk of its first recession in two decades. The only central bank in the 27-nation EU to raise rates this year ... See all stories on this topic »

Triple-dip recession fears grow as UK service sector stalls The Guardian Coming only hours before George Osborne delivered his autumn statement, the figures added to fears the UK economy is on course to sink back into recession for the third time since the financial crisis hit in 2007. The Markit purchasing managers index ... See all stories on this topic » The Guardian

Are supermarkets responding to challenge of 'nutritional recession'? The Guardian (blog) Rising food prices and falling incomes have resulted in a "nutritional recession" in the UK, with poorer families now consuming more unhealthy foods and less fruit and vegetables. According to recently compiled data on Britain's grocery buying habits, ... See all stories on this topic » The Guardian (blog)

The Recession's Toll: How Middle Class Wealth Collapsed to a 40-Year Low The Atlantic I'm about to share a statistic that you should remember every time you think about the GreatRecession, and why the recovery has been so painstaking. It's going to illustrate precisely how devastating the downturn was for your typical American family ... See all stories on this topic »

Bay State projected to return to pre-recession employment levels by mid-2014 Bizjournals.com (blog) Clayton-Matthews' survey takes the industry trends out to 2016. Along the way, Clayton-Matthews expects we will have regained the 143,000 jobs we lost in the Great Recession by mid-2014. (He believes we're nearly seven-eighths of the way there already ... See all stories on this topic »

Recession 2013 - Redux Seeking Alpha Last month, I reported on a relatively new recession probability indicator (the "markov switching" series recently introduced to the Fed FRED/Blytic) that was giving a pretty clear, though preliminary, indication of probable recession. While I noted ... See all stories on this topic »

Recession Defaulters May Repeat After Exchanges, Moody's Says Bloomberg Companies that defaulted using a distressed exchange during the Great Recession may not have improved their capital structure enough to prevent it from happening again “down the road,” according to Moody's Investors Service. Thirty-five percent of ... See all stories on this topic »

The Deficit Did Not Cause The Recession; The Recession Caused The Deficit Credit Writedowns Both Wall Street and Washington have lost sight of the major cause of the deep recession and exceedingly slow economic recovery. To hear all the talk, the major concern is about the impending fiscal cliff and the federal budget deficit. Fix the fiscal ... See all stories on this topic »

Adding Austerity to Recession Social Europe Journal In the early days of November 2012 the Greek Prime Minister, Antonis Samaras, announced that the approval of a new austerity package by the Parliament, essential for receiving a disbursement from the “troika”, was a condition for remaining in the euro. See all stories on this topic »

Alternative investment managers to launch mutual funds through Two Roads

Investors may see better times next year: Kotak Mutual Fund Economic Times Domestic investors can expect to have better times both in debt as well as in equity spaces on the back of hopes of interest rate cuts by the monetary authority along with better earnings by corporates next year, top officials of Kotak Mutual Fund said ... See all stories on this topic » Economic Times

Affluent Investors Latched onto Bond Mutual Funds in November Millionaire Corner Investment in bond mutual funds jumped 11.1 points, the month's largest increase amongst categories that includes stocks, bonds, stock mutual funds, cash, real estate and “not invest.” Investment in bond mutual funds reached a two-year high. Investment ... See all stories on this topic »

Alternative investment managers to launch mutual funds through Two Roads HedgeWeek Launching mutual funds through Two Roads provides advisers with operational efficiencies and cost savings that they would not be able to obtain by themselves. Advisers that use the Two Roads' platform are also provided with distribution support ... See all stories on this topic »

There is only difference between Dream & Aim

There is only difference between Dream & Aim, 

Dream require effortless sleep where 

as Aim require Sleepless Efforts, 

Sleep for Dreams & wake up with Aims!!! 

"Life neverseems to be the waywe want it butwe have to liveit the bestwaywecan!There isnoperfectlife,but we can fill it with PERFECT MOMENTS

HOPE & END r always there for everyone! Depends on us how we deal with them.. A HOPELESS END! or An ENDLESS HOPE!

Due to Global Aviation Recession British Airways is cutting 400 Jobs among Cabin Crew and 600 from Others.

British Airways is entering talks with a union on plans to cut 400 jobs among cabin crew.

The airline, which is owned by International Airlines Group (IAG) and operates alongside Spanish carrier Iberia, said it was beginning a 90-day consultation with Unite on the possibility of making voluntary redundancy available.

BA stressed there would be no compulsory job losses.

Those being offered the redundancy package would be senior cabin crew employees, BA said, such as pursers and cabin service directors who work exclusively on long-haul and exclusively on short-haul services.

BA, which suffered a damaging cabin crew dispute over jobs, pay and working conditions that ended last year, now has around 14,000 cabin crew in total.

That strike was resolved after the creation of IAG, which is led by BA's former chief executive Willie Walsh.

His departure to IAG was seen as crucial to the resolution of the dispute amid a bitter war of words with union bosses.

IAG is currently locked in a row with Iberia staff over plans to shed workers at the Spanish loss-maker.

British Airways Plans Hundreds Of Job Cuts Sky News British Airways is entering talks with a union on plans to cut 400 jobs among cabin crew. Theairline, which is owned by International Airlines Group (IAG) and operates alongside Spanish carrier Iberia, said it was beginning a 90-day consultation with ... See all stories on this topic »

British Airways to cut 400 cabin crew jobs BBC News BA's sister airline, Iberia, is moving ahead with plans to shed 4,500 jobs. The two carriers merged in 2011 to form International Airlines Group. BA said the job cutswould affect senior cabin crew staff who worked exclusively on either its long or ... See all stories on this topic » Kingfisher Airlines shutdown will cause a lot of collateral damage: Ajit Singh NDTV New Delhi: The government will not interfere with the air fares decided by airlines, Aviation Minister Ajit Singh said today. However, the government wants aviation firms to make their pricing mechanism more transparent and wants passengers to know the ... See all stories on this topic » Time for investors in airline stocks to press exit Economic Times Considering the erratic financial performance of airlines, due to seasonality of the business, we have taken enterprise value to sales (EV/Sales) as the basis for weighing the stocks. According to Bloomberg data, the average EV/Sales of aviation ... See all stories on this topic » Economic Times Airlines draw SC wrath over UDF charges Financial Express New Delhi: Taking suo motu action against the imposition of user development and conveyance charges by airlines on fliers, the Supreme Court on Monday sought an explanation from the Centre and airport operator Delhi International Airport as to why such ... See all stories on this topic » PIA blames govt policy on foreign airlines for its woes DAWN.com The report regretted that foreign airlines had been increasing their capacity on Pakistan routes because of the facility of liberal traffic rights. Successive governments have allowed foreign airlines to fly to and out of the country without offering ... See all stories on this topic » DAWN.com Hainan Airlines Ranked 41st in BrandZ Top 50 Most Valuable Chinese Brands ... PR Newswire (press release) BEIJING, Dec. 4, 2012 /PRNewswire/ -- "The BrandZ Top 50 Most Valuable Chinese Brands 2012" was released in Beijing on December 4th. Hainan Airlines was again named as one of the Top 50 Most Valuable Chinese Brands, a status it has enjoyed since ... See all stories on this topic » Eurosport Asia-Pacific signs exclusive Turkish Airlines Euroleague deal Euroleague Euroleague Basketball, Eurosport Asia-Pacific and IEC IN SPORTS are pleased to announce the international sports network will exclusively broadcast official TurkishAirlines Euroleague matches for the coming two seasons, 2012-2013 and 2013-2014. See all stories on this topic » Euroleague Airline Stocks Lift Off Inthemoneystocks.com (blog) This morning, many of the leading airline stocks are trading higher at the start of the session. The likely reason for the move higher in the sector comes from this morning's decline in oil. Today, crude futures for January (CL-F3) are trading lower by ... See all stories on this topic » Kingfisher Airlines' lenders have little clarity on its Rs 7000 cr debt Business Today 'The first clarification from UB Group Chairman Vijay Mallya , after he announced the sale of a controlling stake in United Spirits Ltd (USL) to Diageo Plc , was that the funds from the deal need not flow to the ailing Kingfisher Airlines. This means ... See all stories on this topic » Delta Air Lines eyes bigger slice of NY-to-London travel Albany Times Union MINNEAPOLIS — The skies between London and New York are full of business travelers, and DeltaAir Lines wants more of them. Delta is looking into buying a big stake in Virgin Atlantic, the second-biggest airline at London's Heathrow airport. New York ... See all stories on this topic »

New Boss of the Bank of England Cannot Create Miracles in UK Economy Falls into Double-Dip Recession

UK Economy Falls into Double-Dip Recession

New Boss of the Bank of England Cannot Create Miracles. Four years after the Great Crash, UK economy falls into double-dip recession

The appointment of Mark Carney – current Head of Bank of Canada – as the first non-British governor of the Bank of England in its 300-year history has received near-universal praise. But can this 47-year-old former Goldman Sachs veteran of 13 years remedy the ills of a struggling British economy?   

Four years after the collapse of Lehman Brothers sparked the greatest financial crisis and economic downturn since the Great Depression, none of the underlying contradictions of the world economic system has been resolved. Global imbalances and deep-rooted tensions have deepened even further, the financial and economic crisis and the outlook looks pretty bleak. Hundreds of billions of dollars have been made available to save the banks and financial houses around the world.

Governments and central banks took off the books of the banks, the worthless or so-called toxic assets were now transferred to the states’ budgets. The bailout operation, like other similar measures like quantitative easing, has cost more than 25 percent of global GDP. This large-scale bailout rather than solve the problem, has increased the volatility of the system. World stock markets hit their lowest level in 2012 as poor US jobless figures and weak manufacturing data from Europe sparked renewed fears of a global slowdown.  Recently, the World Bank warned that Europe runs the risk of sparking a Lehman-style global crisis that will have dire consequences for all Western economies.[1]  Four years since the start of the economic downturn, it is becoming increasingly clear that a new period of intensified crisis is gripping the global economy.

Far from easing the dire crisis conditions and introducing careful investment policies, governments of the advanced economies, in line with the international financial institutions, are now implementing sharp austerity programmes on a scale not seen since the 1930s. Everywhere in the Western world there is unemployment, foreclosures, bankruptcies, depressed housing market, and no recovery in sight. Already, in many advanced economies the highest number of people since the 1930s are now jobless or unable to find full-time work.

Austerity measures are wrecking the UK economy

Since 2008, the British government has pumped more than 375 billion pounds into the banking system through bailouts and a series of ‘unconventional’ measures, but very little of this has flowed back into the real economy. This figure is almost half of the declared total public deficit.

The agreement between the Conservatives and the Lib Dems provided the government carte blanche to balance the budget with massive cuts in public services, jobs and wages. The scale of the Coalition government’s intended austerity measures are on a scale never seen in modern Britain. What is planned here will dwarf anything that was undertaken by Thatcher in the 1980s. There is already massive unemployment in the public sector. As a realistic estimate, 750,000 public sector job losses do not look far off the mark.[2] And those still in work suffer wage freezes and cuts. Job insecurity has risen for nearly everyone. Massive unemployment and lower wages mean lower tax receipts, and even bigger budget deficits and debt loads. Austerity and high unemployment also risks social unrest. Greece has already lost control of its streets, and a number of other eurozone countries are moving in that direction.

It is very unlikely that the introduction of  savage austerity measures while the economy is still on downward spiral will resolve any problems– the crisis does simply get displaced from one sphere to another. The austerity measures of the UK Coalition government are therefore damaging any potential growth prospects, and are increasing the possibility for a longer and deeper crisis.  Indeed, according to the figures released by the UK Office for National Statistics (ONS) in May 2012, the British economy entered a “double-dip” recession for the first since the 1970s.[3]  ‘Double dip’ is where the economy goes back into a recession before it has had a chance to recover its previous high of economic output.   And all this is not helping the budget either– according to the National Institute for Economic and Social Research (Niesr), fiscal consolidation in the UK is increasing the UK’s debt burden.

Just what is a recession? The Economist (blog) But there is enough similarity between downturns, across eras, that it seems reasonable to assign to them a common cause. I'd venture that, to a first approximation, a recession occurs when the monetary authority is confused into thinking that monetary ... See all stories on this topic » The Economist (blog)

Our view: Recession hitting youth especially hard in Minnesota Duluth News Tribune Despite some sketchy signs of economic improvement, finding a job in this ongoing recessionremains tough sledding for anyone out of work. Talk about it. Despite some sketchy signs of economic improvement, finding a job in this. ongoing recession ... See all stories on this topic »

UK Economy Falls into Double-Dip Recession Center for Research on Globalization Four years after the Great Crash, UK economy falls into double-dip recession. The appointment of Mark Carney – current Head of Bank of Canada – as the first non-British governor of the Bank of England in its 300-year history has received near-universal ... See all stories on this topic »

Recession could impact teens' life earnings Pittsburgh Post Gazette The bad economy has hurt the youngest generation of workers in a way that could affect their earnings for the rest of their careers, according to a study released Monday by the Annie E. Casey Foundation in Baltimore. In 2011, the teenage employment ... See all stories on this topic »

Recession Hangover Lingers in ABQ Albuquerque Journal (subscription) Albuquerque remains among the slowest of the nation's largest 100 metropolitan areas to fully recover from the Great Recession, but its performance has improved slightly, a new Brookings Institution study has found. As of the second quarter, which ... See all stories on this topic »

Birth Rate Plunges During Recession TIME The youngest baby boomers will begin turning 50 next year, a noteworthy milestone in the graying of America. But the more important data point may be this: Last year, the birth rate in America fell to the lowest level in recorded history. These may be ... See all stories on this topic » TIME

Oregon charitable contributions lag behind pre-recession levels OregonLive.com Despite hard times, Oregonians are still supporting charities, but their donations are lower than pre-recession levels, according to a report released today by the Oregon Community Foundation and the Giving in Oregon Council. Despite incomes that are ... See all stories on this topic »

Latest Manufacturing Report Confirms ECRI's Recession Call The New American Calling it “unexpected,” Reuters reported that the Purchasing Managers Index (PMI) from the Institute for Supply Management for November fell to its lowest level in over three years. A poll of economists by Reuters showed they didn't see it coming. The ... See all stories on this topic »

London jobs back at pre-recession levels as the City grows Evening Standard London's workforce is now greater than before the height of the 2008-9 recession, with the number of jobs across the City growing at a record rate in 2012, new figures have shown. Despite a raft of recent banking cuts, the recovery is expected to have ... See all stories on this topic »

Cloud computing and the hobbit, Bilbo Baggins?

What Bilbo Baggins Teaches Us About Cloud Computing

Cloud computing and the hobbit, Bilbo Baggins? What might they have in common? On the surface, you'd have to say nothing. But I've been thinking about The Hobbit lately, with the much-anticipated Peter Jackson epic set to debut in theaters soon. Although I'm sure J. R. R. Tolkien had no notion of cloud computing, or computers for that matter, Bilbo's story can still be read as an allegory for the journey that many IT pros take when they move to the cloud -- with many of the same lessons to be learned.

At the start, Bilbo is quite content in his little hobbit hole, Bag End, in the Shire. Think of that as IT pros in the traditional mode of on-premises deployments. Had he been left to himself, that's exactly where Bilbo would have stayed. Fortunately (or unfortunately, depending on your point of view), Gandalf chose Bilbo to accompany the dwarves on their quest across the wilds to the Lonely Mountain. We can say Gandalf is like a CIO or CEO or some conglomeration of super powerful execs. And the dwarves? We'll call them end users that Bilbo has to successfully move along to the cloud.

As long as Gandalf travels with the party, Bilbo does little of note. It's when Bilbo finds himself alone that his abilities begin to shine through and he proves Gandalf's choice of him -- first when separated from his companions in the goblin caves when he encounters Gollum, and more importantly when he has to rescue the trapped dwarves from the spiders in Mirkwood. When he doesn't have the wizard to fall back on, Bilbo proves quite resourceful and courageous.

So what do we learn about cloud computing from this story? A number of lessons can be read that apply both to the IT pro and to the business as a whole:

Give the hobbit his head -- It might be the CEO's decision that the business needs to move to the cloud, but determining what systems or applications can benefit from cloud computing should be a shared decision with your IT pros. Don't hamstring your IT department by dictating how and where that happens. Let them show their ingenuity and initiative -- you know, all that valuable knowledge that you've hired them for.
Make the goal tangible and valuable -- It's all well and good to talk about "cost savings" and "shared resources," but those terms are mostly meaningless to your common end user. However, if you can explain the change to cloud computing in terms of what those end users gain -- the treasure at the end of the quest -- and do so in concrete, meaningful terms, you can make those users willing partners, even leaders, in the journey to the cloud.
It's a long journey; plan carefully -- Don't expect to move to the cloud over night or over a weekend. It might not be an epic quest, but it does require careful planning to choose the right route for your business. You might find unexpected allies or partners along the road: Bilbo and the dwarves were aided by the eagles and Beorn; for your business, maybe it's Microsoft, VMware, or Rackspace. But there are likely to be unexpected pitfalls as well -- beware the trolls, goblins, and spiders, which you can do with careful research and scouting ahead.
If you reach your goal, there might still be battles to fight -- The dwarves were so intent on reaching the Lonely Mountain that they never thought how they would dispatch the dragon when they got there, which if you think about it, is a pretty big hole in their plan. Make sure you know how you'll manage your cloud environment, what security measures you need and how they'll be met, and what consequences might arise from your move. Keep your end users' experience in mind, as they're the ones who will be fighting the battle on the front lines if there's trouble down the line.
Remember: It's there and back again -- This is the part that Bilbo forgot: How was he going to get his share of the treasure all the way back to Bag End? When your business decides to move to cloud computing, you should still plan for what happens if it doesn't work out. Can you move back on premises? Can you move to a different hosting model? How long can you live with problems in the cloud before you need to take action? How do you move your data and what will the migration cost? Plan your exit strategy, even though you hope never to use it.
Yes, that Bilbo turned out to be quite the clever fellow. I don't know if this advice will help anyone slay their own cloud computing dragons, but at least it might give you a few things to think about.

Cloud computing gaining a strong foothold in IT Hub of Salt Lake Economic Times SALT LAKE: Cloud computing technology has a fast growing market worldwide. In India, players believe that the technology is expected to grow at 54.5 per cent in the next three years. Naturally the IT hub of the state, Salt Lake has also taken to the trend. See all stories on this topic » Economic Times

Games developers look to the cloud The Age While many businesses are still weighing up the benefits and risks of cloud computing, the cloud saved the skin of Australian games developer Halfbrick when dealing with the explosive popularity of its Fruit Ninja games. Halfbrick's executive producer ... See all stories on this topic » The Age

What Bilbo Baggins Teaches Us About Cloud Computing Windows IT Pro (blog) Cloud computing and the hobbit, Bilbo Baggins? What might they have in common? On the surface, you'd have to say nothing. But I've been thinking about The Hobbit lately, with the much-anticipated Peter Jackson epic set to debut in theaters soon ... See all stories on this topic » Windows IT Pro (blog)

iSoftStone Teams with IBM to Co-build A Cloud Computing Center of Excellence ... Sacramento Bee iSoftStone, as a leading IT services provider and a long-term strategic partner of IBM, has been building its unique and comprehensive capabilities in areas of cloud computing, smart cities, social networks, and big data, through partnerships with IBM ... See all stories on this topic »

Successful cloud adoption: It's the fit, stupid InfoWorld (blog) InfoWorld's IT advice columnist Bob Lewis reached out to me last week after my blog post "How AWS can conquer enterprise IT's resistance to public clouds" with a few ideas. He suggested we should take a page out of the early PC and Web playbooks to ... See all stories on this topic »

Telstra builds AU$100M cloud centre in Victoria ZDNet It is part of the telco's AU$800 million cloud-computing strategy announced last year, and will cater to business, enterprise, and government customers that prefer using local cloud services. "With many organisations moving into the cloud, the feedback ... See all stories on this topic »

What Happens When Cloud Computing Embraces Evolving Antivirus Brands As ... CloudTweaks News Three areas of cloud computing are the crisis points of security breaches. Were it not for Software as a Service (SaaS) programs, there would be no malware. Similarly, but for the openings in the server connections in a network or Infrastructure as a ... See all stories on this topic »

Tech Stocks Forecast 2013 - Ride the Mobile Wave, Bet on Cloud Computing The Market Oracle Most analysts divide big data and cloud computing into two separate categories. But I see these as two sides of the same computer coin. Here's the thing. The minute a firm decides to move data to the cloud it realizes it is sitting on a gold mine. So ... See all stories on this topic »

Piston Cloud Gets New Leadership Datamation Piston Cloud Computing is one of the leading companies in the Open Source OpenStack effort. Piston is now getting some new leadership of its own, appointing industry veteran Jim Morrisroe as CEO. Piston Cloud was founded by Joshua McKenty, one of the ... See all stories on this topic »

CA Technologies Powers CBN Cloud Services in Indonesia MENAFN.COM With CBN Cloud, the company envisioned providing cloud computing services for corporate and retail customers as a new business model. The CA AppLogic solution will enable CBN Cloud to stay ahead of the technology curve by providing a comprehensive ... See all stories on this topic »

Kingfisher Airlines Ltd’ lenders to meet on December 8

The 17-bank consortium that funded Kingfisher Airlines will meet on Saturday to decide its future course of action against the beleaguered private carrier.

The meeting has been convened at Mumbai by State Bank of India, which heads the consortium, sources in the banking industry said.

There is still no clarity as to whether Kingfisher Airlines’ promoter will come up with a credible proposition for equity infusion at the upcoming meeting on Saturday.

If nothing concrete comes through on Saturday, then bankers would have to think of initiating recovery proceedings, said a banker who did not wish to be identified.

So far, the public sector lenders have not initiated any action to recover their dues. For most banks in the consortium, Kingfisher Airlines is a non performing account.

An earlier attempt to restructure Kingfisher Airlines through corporate debt restructuring (CDR) mechanism had failed.

The attempt failed as the promoter could not bring in the desired equity funds for the package to sail through.

Banks will now be required to mount another restructuring exercise through CDR cell if the promoter’s new proposition, if any, is acceptable to them, sources said.

With Kingfisher Airlines grounded, the brand value of the airline has also taken a hit.

It is unlikely that any sizeable amount would get salvaged if bankers were to initiate recovery action today, sources said.

Kingfisher Airlines’ brand was the main collateral that was used for obtaining working capital funding for the private carrier.

The 17-bank consortium had last met in Bangalore in end September.

At that meeting, the bankers had rejected Kingfisher Airlines’ promoter Vijay Mallya’s request to provide a “lifeline” of Rs 200 crore to get all the “grounded aircraft” back into operation.

Kingfisher Airlines' lenders to meet on December 8 Hindu Business Line The 17-bank consortium that funded Kingfisher Airlines will meet on Saturday to decide its future course of action against the beleaguered private carrier. The meeting has been convened at Mumbai by State Bank of India, which heads the consortium ... See all stories on this topic »

Director Deals - Kingfisher PLC (KGF) Stock Market Wire Director Deals - Kingfisher PLC (KGF). 4 December 2012 | 17:10pm. StockMarketWire.com - Euan Sutherland, Executive Director, exercised 5,263 shares in the company on the 3rd December 2012 at a price of 172.40p. The Director now holds 5,263 shares ... See all stories on this topic »

'Kingfisher should satisfy with their operational, financial plan' Parda Phash New Delhi: Saying that the government will not interfere while the airline firms decide the air fares, the Aviation Minister Ajit Singh, on Tuesday, asked firms to keep transparency in the mechanism on which the fares are set. Minister said that let ... See all stories on this topic »