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ROADWAYS: Highway projects: Delay in seeking bids costs Govt dear
Bidders seek viability gap funding. A year’s delay in inviting financial bids for highway projects is costing the Government dearly, with the bidders now asking for viability gap funding (VGF) instead of offering funds for widening and ...

RAILWAYS: Cabinet nod for Rs 14,600-cr Chennai Metro rail-link project
New Delhi, Jan. 29 Chennai will get a 45-km metro rail link with an estimated cost of Rs 14,600 ...

ROADWAYS: Computerised check gates
To deal with the problem of overloading vehicles, the Chhattisgarh government is installing integrated computerised check gates at the borders, a top minister said. Mr Rajesh Munat, transport minister, told PTI that the basic objective behind ...

ROADWAYS: Cabinet nod for longer concession periods of highway projects
New Delhi, Jan. 29 The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its nod for the upward revised cost and concession periods of nine stretches of national ...

ROADWAYS: Tripura wants corridor access through Bangladesh
Agartala, Jan 29 The present rail link between Kolkata and Dhaka should be extended to Sabrum in South Tripura, according to Mr Jitendra Chaudhury, Tripura Minister for Commerce & Industry, Rural Development & ...

SHIPPING/PORTS: Krishnapatnam Port likely to get Rs 800 cr from 3i
Hyderabad, Jan. 29 Krishnapatnam Port in Nellore district, promoted by the CVR group, is likely to get investments to the tune of Rs 800 crore from the global private equity firm ...

ROADWAYS: Centre to help States have facilities to curb overloading
New Delhi, Jan. 29 The Centre will provide funds to State governments for setting up godowns, weigh-in-motion bridges and cranes as a package to the States to combat the problem ...

AIRLINES: Elections a dampener for airlines, says Amadeus
New Delhi, Jan.29 The forthcoming general elections could prove a dampener for the domestic airline industry, Amadeus, supplier of IT solutions to the travel and tourism industry, said on ...

AIRLINES: Air Arabia to fly to Goa three times a week
Hyderabad, Jan. 29 Air Arabia, a low-cost carrier from the Gulf region, has announced that it would add Goa as its 13th destination in India beginning March 28. Globally, the airline connects ...

RAILWAYS: Rail freight for foodgrains to go up by 8%
New Delhi, Jan. 29 Moving chemical manures, foodgrains, flours and pulses by train will become expensive by about 8 per cent with the Indian Railways deciding to charge these commodities at a higher tariff ...






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Markets (Jan 29)
Nifty (at close)2,823.95(-25.55)
US Dollar (Buy/Sell)48.99
Brent crude (a bbl) Rs2,104
Gold (a gram) Rs1,271
Silver (a kg) Rs20,330

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