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AIRLINES: Centre for Asia-Pacific Aviation to set up $250-m venture fund
‘Long-term story about the Indian aviation sector is very robust’. Aviation consultancy firm CAPA (Centre for Asia-Pacific Aviation) is setting up a venture fund worth $250 million for investments into general aviation sector and is ...

RAILWAYS: Hyderabad Metro expects financial closure in 6 months
Developers looking to replicate innovatively-funded project. Hyderabad, Nov. 7 Unfazed by the current financial crisis, the $2.7-billion Hyderabad Metro rail project expects to achieve financial closure within six months and possibly start work ...

AIRLINES: British Airways to suspend Kolkata-London service
Kolkata, Nov. 7 British Airways (BA) has decided to suspend its thrice-weekly direct flight between Kolkata and London Heathrowfrom March ...

ROADWAYS: Southern Roadways liable for I-T on compensation received on takeover of fleet
Chennai, Nov. 7 The Southern Roadways, Madurai (TVS Group) has to pay income-tax on the compensation amount received from the Tamil Nadu Government following takeover of the company’s passenger transport undertakings in 1972, the ...

SHIPPING/PORTS: Emerging destination
...

FINANCIAL PERFORMANCE: Slowdown hits Blue Dart’s volume growth
Mumbai, Nov. 7 Blue Dart Express, the air express courier and package distribution company, said its volume growth has been impacted with the current economic ...

INFRASTRUCTURE: Work on Sikkim greenfield airport to start next month
Gangtok, Nov. 7 The construction of the greenfield airport at Pakyong in East Sikkim will finally commence ...

ROADWAYS: Widening of roads along Vaigai
The Madurai Corporation has taken a decision to widen the roads laid on the embankments of the Vaigai under the Jawaharlal Nehru National Urban Renewal Mission. According to the corporation’s Superintending Engineer, Mr K. Sathivel, the ...





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Markets (Nov 06)
Nifty (at close)2973.00(+80.35)
US Dollar (Buy/Sell)47.71/72
Brent crude (a bbl) Rs2,727
Gold (a gram) Rs1,082
Silver (a kg) Rs16,930

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In Focus
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Looking back
Oct. 26-Nov. 1
Vallarpadam ICTT: Set to make Kochi a key hub

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‘Global financial crisis hits infrastructure investments’



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