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This is an archive article published on June 30, 2013

Briefly Business: DCGA puts cap on preferential seats in airlines to 25

Putting a cap on the number of preferred seats on sale on each flight,the civil aviation sector regulator Directorate General of Civil Aviation

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DCGA puts cap on preferential seats in airlines to 25

New Delhi: Putting a cap on the number of preferred seats on sale on each flight,the civil aviation sector regulator Directorate General of Civil Aviation DGCA has allowed the airlines to book only 25 per cent of the total seats in the aircraft.The regulator said the unbundled services must be provided on opt-in and not on opt-out basis. PTI

Lamp;T Finance to apply for bank permit

New Delhi: Lamp;T Finance Holdings on Saturday took Board approval to apply for a new banking licence to the Reserve Bank of India RBI. The non-banking finance company NBFC will apply for a banking licence on Monday,which is also the deadline for applications. ENS

Govt cuts tariff value of gold

New Delhi: The government on Saturday slashed the import tariff value of gold at 401 per 10 grams and that of silver to 604 per kg as prices of the precious metals fell in the international market. PTI

Honda to recall Honda City models

New Delhi: Honda Cars India Ltd HCIL on Saturday said it will recall 42,672 units of second generation Honda City cars manufactured in 2007 and 2008 to replace their power window switch. PTI

Businessman commits suicide

LONDON: Rippsons Group of Companies CEO Ripon Malhotra on Saturday allegedly committed suicide at his residence here,police said,adding no suicide note had been left. PTI

 

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