After the design for the new city airport terminal T2 was cleared on July 31, airport sources said the security-after-immigration design was opted for a number of reasons. If travellers by mistake carry something in the handbag that can't be taken on board, they can give it to those who have come to drop them. If security is after immigration (like Delhi) then the traveller is completely cut off.
Author: admin (Infratructure Today)
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Volvo buses round the clock for Kolkata airport
In Kolkata, passengers flying in and out of the city airport would soon be able to avail Volvo bus service round the clock. The decision was taken at a meeting of the Airport Advisory Committee (AAC) on July 30.
In addition to a luxury ride in sprawling Volvo buses, the fliers would also be in line to get a proper lowdown on taxi fares from a touch screen kiosk to be installed by the Bidhannagar police in the airport premises.
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Haryana’s Hisar, Karnal to have domestic airports
The Union government has cleared two domestic airports at Karnal and Hisar in Haryana. The Union government said the airport sites were selected on account of technical feasibility, security, aviation needs and other logistics. Both Hisar and Karnal already have flying clubs and the state would not find it difficult to expand them into full-fledged domestic airports. Other locations were also considered, but rejected on account of difficulties in acquiring land and also since the flight path wou
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AAI interested to be part of Nashik airport development
Nashik District Guardian Minister and State Public Works Department Minister Chhagan Bhujbal has said that the Airport Authority of India (AAI) has shown interest in participating in the development work of Ozar airport, around 20 km from Nashik city. The AAI has written to the state government showing willingness to participate in the development of Ozar airport along with the defence ministry, which includes constructing facilities for airplane hangars, taxi ways, night parking, cargo hub, etc
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Ludhiana airport upgradation plan delays
In Punjab's Ludhiana, the move to upgrade Sahnewal airport has hit the first road block with some of the villagers filing objections to the acquisition of their land. According to Section IV of the Land Acquisition Act, people whose land is acquired can file objections, if any, within a month. As the government had on June 15 issued the notification for acquiring land in 10 villages in Sahnewal area for upgradation of the airport and construction of a mega industrial park project, the deadline f
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Banks borrow Rs 26.5 bn from RBI
Banks in India borrowed Rs 26.5 billion ($435 million) from the Reserve Bank of India's marginal standing facility window on July 30. The RBI had raised the marginal standing facility (MSF) rate by 200 basis points to 10.25 per cent and also imposed restrictions on daily borrowings by banks under its repo window.
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Gold imports down in June, July, says Chidambaram
Union Finance Minister P Chidambaram said on July 31 that gold imports into India were lower in June and July when compared to the same period last year. India is hoping to contain gold imports well below 845 tonne that were shipped last year, Chidambaram said, a week after the central bank restricted imports further, by tying imports to exports volumes. India imported a record of 162 tonne of gold in May, triggering a series of measures to contain imports and a ballooning current account defici
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Shriram City Union Finance to raise Rs 1,000 cr for growth
To achieve a growth of around 25-30 per cent over the next couple of years, non-banking finance company (NBFC) Shriram City Union Finance plans to raise around Rs 1,000 crore issuing debentures and through other debt this fiscal, the company said on July 31. The fund raising is expected to happen sometime this year to support the company's target. The company will continue to grow its non-corporate book size in a focused manner, GS Sundararajan, Managing Director of the company said in Chennai.
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Rupee pulled off lows by RBI intervention
Media reports say that the Reserve Bank of India sold dollars via State-run banks in early trades on August 1 after the currency weakened tracking the dollar's strength in Asia. The Reserve Bank of India was seen selling dollars from Rs 60.75 levels, say dealers.
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Net profit of Karnataka Bank rises 12.9%
Net profit of Karnataka Bank rose 12.87 per cent to Rs 94.17 crore during Apr-Jun 2013 compared to Rs 83.43 crore in the year-ago period. Growth in operating profits to Rs 257.51 crore during the quarter from Rs 168.94 crore in the year-ago period enabled the firm post strong net profit. Other income of the bank rose 116 per cent to Rs 205.95 crore from Rs 95.33 crore in the corresponding prev