AirAsia India is looking at new routes and destinations, said its Group CEO Tony Fernandes at a press conference in Thursday. AirAsia India launched flights last month from Bangalore to Chennai and Goa, at advance fares as low as Rs 490 and Rs 990. It has also launched flights to Kochi.

“The airline’s flights for the next 2 months have been sold out,??? Fernandes said. The Group CEO of the carrier said they are looking at places where no other airline has gone. He finds northeast to be an “appealing destination???. On Japan business, Fernandes said the “Japan JV did not do well as we did not have right partnership.???

The Malaysian budget carrier ended a partnership with the parent of Japan’s All Nippon Airways in June last year. However on Tuesday the company said that it will return to Japan with new local partners.

Sharmarket of Tata Global Beverages (TGBL) fell over 3 percent intraday. Morgan Stanley has maintained underweight rating on the stock. The brokerage believes increased competition in the branded tea business, increased product development expenses, sharp increase in ad-spends and likely sub economic returns on the cash that the company has on its books near term may limit stock performance. Morgan Stanley says that TGBL’s subsidiary Eight O’Clock Coffee’s (EOC) will likely find it difficult to maintain revenue growth and profitability trends with Nestle’s entry in the segment.

After over three-hour halt in trading, the BSE opened for fresh trading on Thursday. The Sensex is at 25,827.81, down 13.40 points while the Nifty holds 7700, at 7722 down 3.15 points. Tata Motors, Sun Pharma, Wipro, Sesa Sterlite and TCS are top gainers in the Sensex.

Among the losers are Hero Moto Corp, Bajaj Auto, Tata Power, ONGC and HUL. Technical glitches on the BSE’s trading platform seem to have become a common feature in 2014 so far. The fourth and by far the most serious of technical glitches this year forced the country’s oldest stock exchange to shut down trading in all its segments. However, NSE was open for trading since morning.