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Privatisation of airports on hold till elections

Privatisation of airports on hold till elections

The Ministry of Civil Aviation will take up the privatisation of six major airports only after the elections, according to a top official in the ministry. A parliamentary panel had opposed the government's decision of privatising six airports in Kolkata, Chennai, Lucknow, Jaipur, Ahmedabad and Guwahati. The government had decided to allow private parties to pick up 100 per cent equity stake in operation and management of these airports.

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Madurai gets new bridges, roads to ease mobility

Madurai gets new bridges, roads to ease mobility

The Tamil Nadu government's decision to construct bridges roads in Madurai and its suburbs will aid in preventing road mishaps and easing traffic jams. At a a three-day annual conference of collectors and police officers in Chennai last week the Chief Minister J Jayalalithaa announced this.

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Air Costa to launch flights from Hyd on Dec 10

Air Costa to launch flights from Hyd on Dec 10

Regional airline from Andhra Pradesh Air Costa is starting its operation from Hyderabad from this December 10. Air Costa was launched in October by the LEPL Group. The airline is to operate flights from Hyderabad to Chennai, Vijayawada, Jaipur, Ahmedabad and Bangalore.

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Chennai port parking yard

Chennai port parking yard

To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.

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Chennai port parking yard

Chennai port parking yard

To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.

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Ennore-Manali road work delayed in Chennai

Ennore-Manali road work delayed in Chennai

In Chennai, the Rs 600 crore Ennore Manali Road Improvement Project (EM­RIP) would miss the Dece­mber deadline for its completion due to some hindrances. EMRIP was proposed in 1998, which envisages improvement of about 30 km road network in North Chennai to ease flow of truck traffic from Che­nnai and Ennore ports and improve road connectivity between ports to national highway network.

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Sanmar to raise Rs 250 cr to cut its debt

Sanmar to raise Rs 250 cr to cut its debt

To cut its promoters' debt and expand its chemical business, Chennai-based chemicals-to engineering conglomerate Sanmar group will raise Rs 250 crore from American private equity fund Kohlberg Kravis Roberts (KKR).

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Key road in Chennai in shambles

Key road in Chennai in shambles

Milk Colony Road in Madhavaram in Chennai is in a mess and troubling the commuters in the area. It is full of rubble and red sand with potholes. The Road runs the entire length of the colony, and is the only entry and exit point to the area residents.