With a market size of around $16 billion, India is the ninth largest civil aviation market in the world today. During the Eleventh Plan period (2007-12), passenger traffic grew at a CAGR of 11 per cent
Tag: infrastructure
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Budget 2016-17: Clean energy cess doubled to Rs.400
Finance Minister Arun Jaitley has doubled the clean energy cess to Rs.400 per tonne of coal. He also introduced infrastructure cess on petrol, diesel and luxury cars.
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ONGC gets green panel nod in Tripura
The Centre´s green panel has given approval to ONGC for developing 30 wells and other infrastructure in Tripura, with investment of Rs.758 crore.
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Macquarie Infrastructure raises $3 billion for asia
Macquarie Infrastructure and Real Assets (MIRA) has raised $3.1 bln to invest in infrastructure companies in Asia
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Shapoorji in talks with Karaikal port
Shapoorji Pallonji Group is in talks with the promoters and private equity investors of Karaikal Port
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GVK reaches out to JSW Group for stake sale: Reports
The Reddy´s, founder promoters of GVK, have reached out to JSW Group with an offer to sell their controlling stakes in their crown jewels - the two airports in Mumbai and Bangalore.
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IVRCL lenders to convert loans
Lenders of debt-ridden infrastructure firm IVRCL have decided to convert part of their loans to the highway developer into a 51 per cent or more equity holding. T
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We need to address issues on safety, security, infrastructure, revenue models and private sector participation
Aircraft maintenance, repair and overhaul (MRO) providers play an essential role in the aviation industry by assuring the safety and air-worthiness of each aircraft. It is estimated that the global MRO market is worth up to $50 billion.
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Mattannur town on the verge of development
Mattannur, a grade-3 municipality in Kannur district, located 25 km east of the district headquarters, is looking forward to a major facelift in the coming years, as it is located close to the Kannur International Airport project site.
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The banking industry is facing its sachet moment
Telecommunication companies only have payment licenses so they can only take deposits. They can´t lend. What´s happening in banking the world over - and I don´t think India is going to be an exception - is that banking services are being unbundled