AI must merge with IA, says United Airlines chief
Air-India has to merge with Indian Airlines in case it wants to survive. AI will not prove attractive for investment by foreign airlines unless it merges with Indian Airlines.

HPCL plans to float Rs 500cr bond
Hindustan Petroleum Corporation has planned a Rs 500 crore bond issue this month to fund its working capital requirements for the year. The navratna has also indicated that the current financial could see another such float depending on the pace of completion of various projects.

Haldia eyes 1-lakh-tonne polymer sales
Haldia Petrochemicals Ltd, which was dedicated to the nation by the West Bengal chief minister Jyoti Basu last Sunday, has fixed up a production and subsequent sales target of around one lakh tonnes of polymers during the next three months.


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