Union Budget 2013-14 allocated Rs 3,120 crore to the Delhi Metro Rail Corporation (DMRC) for the construction of Metro Phase III. This is higher than the Rs 2,200 crore outlay that the corporation received in 2012-13.
Tag: India
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railways needs more private investment
Experts suggest Indian Railways to attract more private players in order to attain the targeted investment in the sector during the 12th Five Year Plan (2012-17).
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Telco towers’ diesel consumption around 5.12 bn ltr
The mobile towers across the country could utilise over 5.12 billion litre of diesel a year. The Telecom Regulatory Authority of India (TRAI) in its report has indicated an average fuel consumption of 8,760 litre diesel every year per tower assuming eight hours of
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Duty reduction to help local telecom firms
Telecom companies pay as much as 30 per cent of revenue in the form of various taxes and levies, compared to that in neighbouring countries where it is just over 5 per cent of revenues to cover duties.
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Alcatel-Lucent bags Telenor order
Telecom equipment firm Alcatel- Lucent said Telenor has appointed it to provide operational support and business transformation services for three circles of Gujarat, Maharashtra and Andhra Pradesh.
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Govt likely to get Rs 23,000 cr
The government is likely to get over Rs 23,000 crore through one-time spectrum fee that has been levied on mobile operators for holding spectrum beyond a prescribed limit, Minister of State for Communications and IT Milind Deora informed.
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Godrej calls for road link to Bangladesh, Myanmar, China
Better infrastructure is essential along the 3,000-km road link between India and the three South Asian countries-Bangladesh, Myanmar and China, said Adi Godrej, Godrej Group Chairman and CII president last week. Speaking to the media after flagging off the 12-day Bangladesh-China-India-Myanmar Forum for Regional Cooperation (BCIM) Car Rally in Kolkata, Godrej said road infrastructure should be improved since the link connecting these four countries was largely difficult terrain.
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Overseas airlines well placed to enter Indian aviation
For Indian aviation industry that has always been inherently vibrant, last week was unusually eventful for aviation. It began with the news that a sale of stake by Jet Airways, India's second-largest carrier by passengers carried, to Abu Dhabi's fast-growing airline, Etihad Airways, will be delayed.
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New flight services started between Phuket and India
A new choice of airline services to Phuket has opened access to the Thai tropical island for holidaymakers throughout India. The choice includes daily Thai Airways' direct flights from Mumbai, Delhi, Varanasi, Gaya, Kolkata, Hyderabad, Bengaluru and Chennai to Bangkok with convenient transfers to short onward flights to Phuket.
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Delhi may become India’s costly commercial realty spot
When it comes to soaring commercial realty prices, Delhi-NCR region may soon beat other destinations in India. At least three reports on the sector point to the national capital gaining compared to many other destinations in the country. According to real estate consultant Cushman & Wakefield, New DelhiÂ’s Connaught Place has emerged as the worldÂ’s fourth most expensive office location, gaining one position over last year.