L&TÂ´s Metallurgical and Material Handling (L&T-MMH) business has secured orders worth Rs 1,242 crore during the fourth quarter of FY15.
A new office in Mumbai has been opened by
Khalifa Industrial Zone, Abu Dhabi (Kizad). Kizad is the new industrial and logistics zone in the UAE capital situated next to the Khalifa Port. The new office, which will be located in the Bandra Kurla Complex, a high end commercial district in the city, will be fully operational by the first quarter of 2014.
Ras Al Khaimah Free Trade Zone (RAK FTZ) plans to expand the FTZ by attracting more companies from the Far East and Southeast Asia. Peter Fort, Chief Executive Officer, RAK FTZ talking to Janaki Krishnamoorthi, elaborates on the FTZ's unique features, advantages and future plans.
The Inter-Ministerial Group (IMG) at the Centre has enhanced the number of seats to 50,000 in flights that airlines from India and Abu Dhabi operate to each otherÂ’s countries. The IMG has taken a decision to this extent. This was done after overruling an inter-Ministerial committee of bureaucrats, which had recommended increasing the seats to 40,000. This is the line that the Ministry of Civil Aviation is taking in a note being prepared for the Union Cabinet.
The Union government will insist that the Jet Airways promises to adhere to all Indian laws, rules and regulations, if it wants approval for selling its 24 per cent stake to Etihad. The insistence from the government comes as it fears that Jet Airways may shift key operations to Abu Dhabi. The government was specifically seeking this assurance as the Jet-Etihad investment proposal says the operations and 'revenue headquarters' of India's largest private airline will be shifted to Abu Dhabi and
Khalifa Port & Industrial Zone (KPIZ), Abu Dhabi has chosen with the CEM AC2000 SE (Standard Edition) system. The system was installed at Khalifa Port by CEM Approved Reseller Tyco Fire & Security UAE Khalifa Port, the state-of-the-art gateway to Abu Dhabi was officially opened in December 2012.
India is evaluating demands by various foreign airlines to enhance bilateral air traffic rights in the wake of a massive hike granted to Abu Dhabi following the Jet-Etihad deal. The Union government is planning to evaluate India's international passenger growth and will also see how the existing bilateral rights are being used by Emirates before taking a call on their request, said Union Civil Aviation Minister Ajit Singh in London.
Following a two-day bilateral negotiation at Abu Dhabi on April 24 India and United Arab Emirates (UAE) signed an MoU on air services. The UAE had urged India to allocate additional 40,000 seats per week, grant Goa, Pune, Amritsar and Lucknow as additional points of calls, remove the maximum cap prescribed from each point of call in-term of seats/ frequency per week and allow 3rd country /domestic code share facility.
According to sources in the union aviation ministry, the deal between Jet Airways and Abu Dhabi-based Etihad Airways may be clinched in a month. The government is expected to assuage the concerns of Etihad Airways on investor protection and help both the companies finalise the deal soon, sources
L&T Construction is to commence work on an airport terminal project in Abu Dhabi this month. The construction period of the project is 28 months. The terminal complex is expected to be commissioned by 2017, said a statement from the firm. L&T has secured the project for $256.77 million.