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.
Tag: India
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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.
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World steel output grows a mere 0.8%
Data from World Steel Association (WSA) shows the global production of the alloy rose a mere 0.8 percent in January 2013 to 125 million tonne (mn t) from 123.7 mn t in January 2012. During January 2013, India produced 6.3 mn t, data from the association shows. In its monthly report, the body said
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Moily stresses on fuel price hike
Union Oil Minister M Veerappa Moily underscored the need to raise prices of fuel in the domestic market given the huge payment for imports of crude oil into India. Speaking to reporters on the sidelines of the signing of a gas transmission agreement between GAIL (India) and Karn
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Moily stresses on fuel price hike
Union Oil Minister M Veerappa Moily underscored the need to raise prices of fuel in the domestic market given the huge payment for imports of crude oil into India. Speaking to reporters on the sidelines of the signing of a gas transmission agreement between GAIL (India) and Karn
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Imphal-Jiribam h’way stretch remains in bad shape
The Imphal-Jiribam stretch of National Highway 37 will not be fit for an international car rally when the Bangladesh, China, India, Myanmar car rally enters the State on February 26 from Kolkata. Though the Border Roads Organisation (BRO) has been maintaining that the Ministry concerned, in this case the Ministry of Road Transport and Highways, has not sanctioned anything to repair a 26 km stretch of the said highway for the car rally, it has come to light that a sum of Rs 45 crore was recently
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Indian delegation signs LoI with Brazil govt
An Indian delegation led by union steel ministry signed
a letter of intent (LoI) with Brazilian government to strengthen cooperation between the two nations in steel and mining sectors. Executive Secretary (Mines and Energy), Government of Brazil signed the agreement on behalf of that country. The two countries have emerged as large markets after China in terms of their growth potential among the dev
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India to respond to US notice on solar mission
India will respond within 10 daysÂ’ time to the United StatesÂ’ notice challenging India's domestic content requirements for its national solar programme as violation of global trade rules. The US, on February 6 filed an official dispute against India at the WTO claiming that the domestic sourcing rules flouted global trade norms. It has asked for consultations with India on the matter.
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Opportunities in India
The low penetration rate offers more potential for desalination in industrial segments; especially in power, metals, oil & gas, chemicals, and petrochemical industries. In the next five years, high growth rate is anticipated, at 7-8.5 per cent, in the industrial segment, according to Frost & Sullivan’s analysis.