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Home » Archive for July 7th, 2012

Helicopter service to be launched in Ghaziabad

Helicopter service to be launched in Ghaziabad

Ghaziabad, July 6  Officials of Pawan Hans Helicopters Limited, one of India’s leading companies offering helicopter services, Friday visited two sites shortlisted for the setting up of helipads to link Ghaziabad with the neighbouring...
Karnataka to fund three rail projects

Karnataka to fund three rail projects

Bangalore, July 6 Karnataka will share 50 percent of the cost of three railway projects in the state with the railway ministry, a minister said Friday. “The cabinet has approved the three rail projects and decided to release the state’s share...
IRDA plans guidelines to regulate micro-insurance

IRDA plans guidelines to regulate micro-insurance

Kolkata, July 6 India’s Insurance Regulatory and Development Authority (IRDA) Friday said it is planning to come out with guidelines for the micro-insurance segment in the country to ensure its growth. “We are working on coming out with guidelines...
MVAS to create Rs.48,000 crore business opportunity by 2015

MVAS to create Rs.48,000 crore business opportunity by 2015

New Delhi, July 6  Mobile value added services (MVAS) are expected to create a Rs.48,000 crore business opportunity by 2015 owing to increasing mobile Internet penetration. All that is required is innovative and affordable content generation, industry...
Demand supply gap responsible for Tatkal woes: Mukul Roy

Demand supply gap responsible for Tatkal woes: Mukul Roy

New Delhi, July 6  Railway Minister Mukul Roy Friday attributed the problems in sale of Tatkal (emergency travel) tickets to a demand-supply mismatch and said his ministry has taken some steps to ease the over-burdened system. “The railway operates...
India Inc welcomes PM’s statement on growth

India Inc welcomes PM’s statement on growth

New Delhi, July 6 India Inc Friday welcomed Prime Minister Manmohan Singh’s promised action on several fronts to restore investor confidence, including clarity on tax matters. “This is an opportune time to undertake financial sector reforms...
India, Mauritius agree to push for trade pact

India, Mauritius agree to push for trade pact

New Delhi, July 6  India and Mauritius Friday agreed to hasten negotiations on the proposed Preferential Trade Agreement, with a view to boost bilateral trade and enhance economic engagements. Mauritian Minister of Foreign Affairs, Regional Integration...
New thermal station in UP starts generation

New thermal station in UP starts generation

Lucknow, July 6 Power-starved Uttar Pradesh got a breather Friday as the 250 MW unit-5 Parichha extension thermal power started commercial generation. Dheeraj Sahu, Managing Director, Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) said with this,...
Rain, storm lashes Delhi ahead of monsoon’s formal arrival

Rain, storm lashes Delhi ahead of monsoon’s formal arrival

New Delhi, July 6 Delhi residents finally heaved a sigh of relief Friday as pre-monsoon showers lashed several parts of the capital and brought down the mercury. The weather office forecast more rains Saturday as the monsoon finally keeps its date with...
CNG prices raised Rs.2.90 a kg in Delhi

CNG prices raised Rs.2.90 a kg in Delhi

New Delhi, July 6 Compressed natural gas (CNG) prices in the national capital and adjoining towns will go up by Rs.2.90 a kg from Friday midnight, the third increase in rates this year, Indraprastha Gas said in a statement. CNG in Delhi will cost Rs.38.35...
Delhi airport Metro to temporarily close from Sunday

Delhi airport Metro to temporarily close from Sunday

New Delhi, July 6 The Delhi Airport Metro Express service will be temporaily closed from Sunday for maintenance work, officials said Friday. While an official of the express line’s customer care said the services will be hit for at least three-four...