In Kerala, residents of Tripunithura Municipality in Ernakulam district have sought the implementation of three-road development project proposed by the municipality to prevent petroleum and other bullet tankers from using the busy roads. According to the local people, the proposals to widening the Mamala-Chithrapuzha Bund Road (from Thiruvankulam to Manakkapadi via Kochi-Madurai bypass) and the Manakkapadi-Vyttila Road (via Eroor and Kaniyampuzha) must be taken up on priority basis.
Author: admin (Infratructure Today)
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2013 IHS Day APAC Summit to be held in New Delhi – Connect Decision Making
IHS(NYSE: IHS), the leading source of information, insight and analytics in critical areas that shape today's business landscape, will be hosting the IHS Day APAC Summit in New Delhi on 25th July at Taj Palace Hotel. Under the theme "Connect Decision-Making with the Source of Critical Information and Insight"
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Essar Ports Ltd – Q1 FY14 Net Profit up 48 per cent to Rs 101.4 cr
Essar Ports Ltd. (Essar Ports), part of the Essar Group, today announced its unaudited results for the quarter ended June 2013. Net Profit for Q1 FY14 increased by 48% to Rs. 101.4 crore from Rs. 68.5 crore in Q1 FY13.
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Kerala committed to Aranmula airport, says Chandy
Kerala government is committed to set up IndiaĆās first low-cost private airport in the stateĆās Aranmula town despite opposition from some corners, said the State Chief Minister Oommen Chandy on July 16 in Thiruvananthapuram. However, majority of the legislators in the state assembly (72/140) had last week signed a petition to Prime Minister Manmohan Singh calling for stalling the KGS Aranmula International Airport on environmental grounds.
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Mangalore among top 10 small airports: AAI survey
A Customer Satisfaction Survey conducted by the Airports Authority of India (AAI) between January and June this year in 52 small airports, having annual passenger load of less than 15 lakh, 14 airports, including Mangalore, share space in the Top 10. Hubli airport is ranked 19th. Of the 14, six are in the north, five in the south, two in the east and one in the west.
The airports were evaluated on 33 parameters, including availability of baggage trolleys, parking facility, waiting time in check
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Surat airport to get strongroom to boost diamond export
Surat's gain is Mumbai's loss. Diamantaires in the Rs 80,000-crore world's biggest diamond cutting and polishing centre would no longer require to send their precious diamonds for export to Mumbai. Surat airport is all set to be equipped with a strongroom to handle precious cargo by July-end. Airport Authority of India (AAI) has given its approval to the proposal.
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Essar Power issues bonds to refinance debt
In order to refinance its existing debt, Essar Power mopped up Rs 750 crore by issuing rupee denominated bonds. The company, which is part of the London-listed Essar Energy, has a total debt of around Rs 16,500 cr. The bond offering would increase the maturity timeframe of its debt and also enable the firm save on inter
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Tata Steel chief expects challenging months ahead
In the company annual report, Cyrus P Mistry, Chairman of Tata Steel said the next 18-24 months will be challenging for the firm owing to volatile raw material prices and systemic weakness in demand in key markets. But he expects the company to strengthen its position on the back of key management initiatives including investment in select facilities, product rationalisation and right sizing of
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Minister asks firms to invest in oil and gas sector
The Petroleum Minister for Petroleum and Natural Gas M Veerappa Moily has emphasised the need for greater investment in the oil and gas sector. He said this while addressing an Assocham Seminar on Indian Economy in the context of global energy scenario. The minister said the government was committed to deal with the energy security issues. It is in this context that the gas pricing formula was recently revised based on th
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Kakinada port to benefit from LNG projects
The proposed liquefied natural gas (LNG) terminal project in Kakinada would benefit the Kakinada deepwater port in enhancing its cargo volume. One of the proposed terminals would be set up by a consortium of Shell, Reliance and the Kakinada Seaports Private Limited (KSPL) and the other by AP Gas Distribution Corporation Limited (a joint venture of Gail