Currently, the IRCTC runs region-specific package tours for tourists. The corporation has to book tickets for passengers in regular trains running on the these routes. By running a dedicated train, the state-owned company expects to enhance revenues.
Ashok Kumar Jha will step into a role that BVR Subbu, a powerful and seasoned corporate campaigner, had demitted over a year ago.
A US resident has advertised to sell land in that country to Indians here. In the process, the seller may have started a trend of US owners turning to overseas buyers as local demand for housing dries up following the serial bankruptcies from the sub-prime mortgage, or high-risk home loan, crisis.
Real estate firm Parsvnath Developers' quest for a mobile licence seems to have hit a roadblock at the Department of Telecom (DoT). Parsvnath, which is one of the seven realty firms in the fray for mobile licences, hasn't mentioned the business of "telecommunications" in its memorandum of association (MoA).
The Sixth Pay Commission is likely to significantly raise basic salaries for an estimated 4.5 million central government employees. The recommendations are expected to be submitted in January, a few months ahead of schedule, and the award is likely to come into effect from January 2006.
Going by application dates, companies like Spice, Birla-promoted Idea Cellular, Reliance Communications (through Swan and Cheetah) and Hindustan Futuristic are in the lead for licences in different circles. The only new player in the list is the little-known ByCell.Several incumbents like Idea Cellular, Maxis-Aircell, owned by a Malaysian promoter, and Vodafone-Essar lead the list of applicants for initial spectrum allocation since they already hold licences.
The rush to enter the world's fastest-growing mobile services market has attracted a wide range of applicants for telecom licences with the Department of Telecommunications.
It was discovered that state-owned Bharat Sanchar Nigam Limited was given additional spectrum of up to 10 MHz for GSM technology services in over 16 circles even as private competitors have been waiting to be allotted spectrum by the DoT.
Tensions between private telecom players and the government ratcheted up a notch after it was discovered that state-owned Bharat Sanchar Nigam Ltd was given additional spectrum of up to 10 MHz for GSM technology services in over 16 circles even as private competitors have been waiting to be allotted spectrum by the Department of Telecommunications since December 2006.
Shipping ministry officials said a new alignment for the canal would require fresh geological studies like soil testing, wave and sedimentation testing and, most importantly, an environmental impact assessment.
Govt puts populist schemes on fast track.
After twice revising its deadline from the original December 2004 to the latest December 2006, the National Highway Authority of India (NHAI) officials say that till date it is only 94.4 per cent complete.
It is not the urban centres alone that are powering India's phenomenal growth in mobile telephony. Data on rural telephony, compiled by the telecom regulator, shows people in villages are subscribing to mobile services in large numbers
The Japanese and the French are the world leaders in high-speed train technology. While the Japanese are known for their superfast Bullet train, the French have high-speed trains under the TGV brand.
The telecom regulator explains how he's hobbled by government policy and clarifies some parts of his latest recommendations.
Move to impact joint ventures in telecom, insurance, broadcasting.
The UPA government is likely to close this financial year with around a billion dollars (around Rs 4,100 crore) as receipts from divestment of minority shareholdings in four public sector undertakings.
Sterlite had acquired a 51 per cent stake in unlisted Balco as part of the government's strategic sale of its shareholding in March 2001 for Rs 551.50 crore (Rs 5.51 billion).
Petroleum ministry rejects conclusions of two reports ahead of EGoM.
Railways to introduce touch-screen TVs for individual seats.
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