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WEB EXTRAS
AIRLINES
Needed: More air traffic controllers
Even as the Indian skies are getting increasingly crowded with airline companies augmenting their fleet and expanding operations, one key stakeholder group in the domestic aviation firmament, clearly under pressure, is the fraternity of air ...
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Paramount orders 15 more Embraers worth $600 m
Plans expansion
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COURTS/LEGAL ISSUES
Unsettling confusion in a settled confession
A longer tenure should be given to the Settlement Commission, say, till March 31, 2009, to complete all pending cases under the existing provisions. One can also argue that after this date the Commission could be wound up.
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READER'S RESPONSE
High-pitched `demands' stir up a good supply of views
How does one tackle this situation of huge tax demands? One possible solution could be to link the tax payments to the timely disposal of the appeals at various levels. For instance, a percentage of the demand could be paid at the assessment stage...
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HOTELS
ITC Hotels working on arrangement for Sheraton brand use
ITC Hotels is still in the process of finalising the new arrangement over use of the Sheraton brand, according to Mr Y.C. Deveshwar, Chairman of ITC. This follows the end of ITC Hotels's 30-year-old contract with Starwood Hotels and Resorts to ...
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COMMODITY MARKETS
Rise in Vietnam prices pushes up pepper futures market
Upward trend in Vietnam prices pushed up Indian pepper futures market on Friday. Vietnam is reportedly offering 500 GL (FAQ grade) at $2,430 a tonne (fob) while 550 GL at $2,550 a tonne (fob) on Friday. They were not showing any inclination to ...
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EVENTS
Rail operators pool best practices for higher market share
In the backdrop of losing market share to shipping and road sector, railway operators from several countries have decided to pool in their best practices with a common vision increase the share of rail transport in domestic as well as the ...
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