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DGCA SEEKS FARES ON WEBSITES; MALLYA LASHES OUT
Aviation regulator DGCA today directed all Indian carriers to show route-wise and date-wise airfares on their websites by December 8 evening and ensure transparency so that flyers do not feel cheated by high ticket prices. Meanwhile Kingfisher Airlines promoter Vijay Mallya said airfares should not be capped by regulatory authorities. "There is no case of capping airfare in a liberalised environment, be it at upper or lower band. It is a function of demand and supply," he said. Mallya refuted the contention that airlines were overcharging the customers saying, "It is not exploitation by the airlines. Airlines are fighting for market share, so demand and supply has to be respected."
LEAD STORIES
WHY SHOULD THOMAS CONTINUE AS CVC, ASKS SC
The apex court issued notice to CVC and government on the petition challenging the appointment of Thomas. The final hearing will be on January 27.
THE REAL RADIA TAPES ARE COMING: GK PILLAI
Home Secretary GK Pillai said that Niira Radia leaked tapes barely scratch the surface and the remaining 5,000-plus recordings contain the details.
CONGRESS DEMANDS ED PROBE INTO VEDANTA DEAL
Vedanta controversy paralysed the Orissa Assembly as Congress demanded a ED probe into alleged monetary benefits to some MLAs in the project.
SENSEX ENDS FLAT IN VOLATILE TRADE
Weak European cues, coupled with fag-end selling in financial stocks like ICICI and SBI, saw Sensex erase early gains to settle at 19,981.31 points.
TOP STORIES
•Parliament stalled for 17th day; Cong calls for meeting
•FMC bill tabled in Parliament amidst 2G din
•Govt may cap FDI in hospitality
•DoT likely to send notices to telcos by Dec 20
•Bombay HC adjourns Lavasa case to Dec 7
•Silver records Rs 45,200/kg; gold at Rs 21,140/10 gm
•Aircel moves SC against hike in spectrum charge
•SEBI's Bhave may get extension for another 2 years
•Govt may consider diesel price hike: Sundareshan
•Govt to decide on Cairn-Vedanta deal by Feb
•Shipping Corp price band at Rs 135-140/share
•SBI hikes interest rates on deposits by 50-150 bps
•Volvo buys out JV partner, owns 100% in Indian unit
•Auto cos plan price hikes from Jan 2011
•Sarkozy promises more nuclear reactors to India
•Pfizer CEO Jeffrey Kindler retires, replaced by Read
•Madoff trustee sues HSBC for $9 bn in US court
•AOL mulls breakup, then merger with Yahoo
•Rio Tinto in talks for $3.5 bn Riversdale bid
•More Fed bond buys 'certainly possible': Bernanke
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