Aviation Sector

Kingfisher-Deccan ready to merge; Boards approve a swap ratio of 7:3

The boards of directors of Kingfisher Airlines Ltd and Deccan Aviation Ltd have finally agreed to merge Kingfisher with Deccan Aviation.

Gulf Air places order for 16 Boeing 787

Air India IPO to hit the market in second half of this year: Praful Patel

The government may sell up to 10 to 15% stake in Air India through an initial public offering in the second half of 2008, civil aviation minister Praful Patel told after announcing the country’s fi

Praful Patel to lay foundation stone for Chandigarh Airport terminal

Chandigarh, Jan 4: Civil Aviation Minister Praful PatelCivil Aviatio

Everonn Systems India Buy Call

Everonn SystemsStock market analyst Ashwani Gujral is of the view that Everonn Systems India is looking strong to zoom in the coming weeks. Interested investors can buy the stock on declines with a stop loss of Rs 780-800. The price target for this counter is Rs 1200-1400.

At National Stock Exchange, the stock of the company has touched 52-week high of Rs 1,011 and a low of Rs 245. The company has earned a net profit of Rs 4 crore for year ending March 2007, and Rs 2 crore for quarter ending September 2007. Yesterday (27 Dec), the stock marked its closure at Rs 919 on National Stock Exchange. The total volume of share traded was 379868 on NSE.

IAF soon induct “AKASH MISSILE”, says Air Chief Marshal

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