The Maharashtra government has sanctioned Rs 12 crore for rebuilding the rain battered stretch between Butibori and Wardha in Nagpur.
Author: admin (Infratructure Today)
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Govt holds roadshow in abroad to sell stake in CIL
The Union government's disinvestment department has been on a roadshow in five nations including Germany and the UK to attract foreign investors for its Rs 9,000-crore Coal India's five per cent stake sale. The roadshows are being held in New York, Boston and San Fransisco in the US, followed by Toronto in Canada and London in the UK, sources in the government said.
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Govt-owned power discoms’ losses swell 2.5 times in 3-yrs
The losses of power distributing firms to the government-owned power generating firms have swelled to a mammoth Rs 15,792 crore at the end of last September while last yearĂâs government promised loss restructuring package for electricity distribution companies is yet to be realised. The swelled sum is a two-and-a-half times jump over total dues of Rs 6,200 crore three years back in June 2010.
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Ministry to look into feasibility of Airbus 380s
The Union Civil Aviation Ministry is soon to decide on allowing airlines to fly Airbus 380s into the country. The Ministry had scheduled a meeting on the matter on October 23. The notice of the meeting said that issues related to availability of infrastructure at Indian airports to support Airbus 380s operations and similar issues will be discussed.
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Air One to enter Indian domestic aviation sector
Nowadays, Indian domestic aviation industry is seeing increased interest from private entities. The aviation industry is abuzz with the entry of Tata-SIA and AirAsia into the Indian aviation market. Now, Air One has sought licence from the Ministry of Civil Aviation to start a scheduled airline.
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TATA, SIA get nod for TATA SIA Airlines joint venture
The Union Corporate Affairs Ministry has given its approval to the TataĂâs proposed aviation venture with Singapore Airlines to use the name 'Tata SIA Airlines Limited.'
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London’s airports need to be expanded: Minister
The United Kingdom's new Aviation Minister Tory MP Robert Goodwill has said that LondonĂâs biggest airports need to be expanded further.
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RBI to auction inflation indexed bonds on Oct 30
The Reserve Bank of India has announced the sale 1.44 per cent inflation indexed 'government stock-2023' for a notified amount of Rs 10 billion through price based auction, say media reports. The auction will be conducted by the Reserve Bank of India on October 30.
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Tata Steel plans furnace in UK to tap aerospace industry
Tata Steel is to construct a new 15-million pound vacuum induction melting (VIM) furnace at its South Yorkshire plant in the UK by 2015. The furnace is to develop innovative products for aerospace industry and tap new market opportunities. The furnace will enable the firm to increase its supply of high-purity steel to the aerospace industry.
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Plea to bring minor ports under TAMP norms
All India Port and Dock WorkersĂâ Federation has demanded that minor ports be brought under the purview of the Tariff Authority of Major Ports (TAMP). The demand comes in the wake of minor ports handling considerable share of cargo.