Jet Airways Inks Pact With Emirates Airline

Jet Airways, India’s premier global airline, announced that it has clinched a reciprocal frequent flyer partnership and unilateral code share pact with Emirates Airline, the award-winning international carrier with extensive services from India.  

Effective from Dec. 15, 2008, the two airlines would roll out a reciprocal frequent flyer arrangement through which members of Jet Airways` JetPrivilege, India`s largest frequent flyer programme, may earn and redeem miles across Emirates rapidly-diversifying worldwide network, with the exception of flights between India and Dubai.

According to sources, Emirates also plans to start a unilateral code share on Jet Airways daily flights from Mumbai and New Delhi to and from Dubai, providing passengers increased connectivity and a range of services between India and Dubai.
 
At present, Jet Airways has code share pact with Air Canada, American Airlines, ANA, Brussels Airlines, Etihad, Qantas and JetLite.


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Big steel and power companies may be stripped off their captive mines

Big steel and power companies may be stripped off their captive mines

Big steel and power companies like NTPC, ArcelorMittal, GVK Power, Jindal Steel & Power, GMR Energy and Damodar Valley Corporation may be stripped off the captive mines that were allotted to them.

As per the information available, as many as 97 companies are going to be given notice by the government asking them as to why they have failed in starting work in the captive mines provided to them.

Escorts up for a rebound?

Escorts up for a rebound?

After losing most of its market to players like Mahindra, perhaps the north India based tractor manufacturer, Escorts is up to make a rebound in the domestic circuit.

While the company has been cutting its operational and financial expenses, the fact of the matter is that it is also looking at expanding its market share in the domestic circuit. The third largest tractor manufacturer in the country has been relying on its tractor business for the overall Group, the company is targeting to take its market share up by 1% in the short run.