The Andhra Pradesh government will invite expressions of interest for eight minor airports to come up in the hinterlands under a public-private sector initiative. The airports will be set up in Nellore, Kothagudem, Tadepallegudam, Bobbili, Ramagundam, Kurnool, Nizamabad and Ongole. Each airport project is expected to cost Rs 50 crore (Rs 500 million).
Almost 200 out of 400 weekly domestic and international flights in and out of Kochi will be severely affected with the airport authorities deciding to close the runway from 10 am to 8 pm every day for seven months starting November this year.
I&B ministry has called off the auctioning of vacant FM radio stations and postponed it indefinitely. This move has left 27 bidders in a lurch.
Delhi Airport has reduced the minimum annual guarantee paid by duty-free operator, Alpha Future.
If India's Australia tour gets cancelled, advertisers will ask the broadcasters for a refund.
DTH is still growing month-on-month, while the figures of CAS subscribers have begun to stagnate.
The I&B ministry has intimated January 14 and 24 as the new dates for the auction instead of December 29 and January 10.
The Rajiv Gandhi International Airport, which is being developed by GMR on the outskirts of Hyderabad, will be the first greenfield public-private partnership (PPP) airport to be operational in March 16.
This season, even as airlines hike fares and go stingy on discounts, customers are gaining from the various offers given by travel portals.
The new government guideline against simultaneous take-off and landing of aircraft from the same runway (now one runway would be used for take-off and the other only for landing) will increase delays in flight movement by 40-50 per cent, say airlines.
While full-service carriers like Kingfisher and Jet Airways are cutting down on business class seats and concentrating on the economy and leisure travellers, low-cost carriers (LCCs) have made it clear there would not be any rock-bottom fares this season.
Omaxe, L&T and Unitech have already applied for the Rs 200-crore (Rs 2 billion) development projects at Udaipur and Amritsar. The work includes commercial operations and maintenance of the airport terminal building, besides development of 46,268 sq metres and 110,308 sq metres of land for city-side development and cargo handling facilities at Udaipur and Amritsar, respectively.
Be it the launch of new entertainment channels like Bindass, 9X and Zee Next or the programming rejig on Zee TV, Channel V, Star One, Sahara and Star Plus, broadcasters are leaving no stone unturned to attract the younger generation as well as the advertisers.
The Return of Ravana will be set in contemporary times in Manhattan, the US. In the proposed trilogy, King Ravan will return in modern times in the US and create problems for the international community. This will lead to the appearance of Hanuman.
The Indian advertising expenditure is doubling every four years primarily dominated by spends on television and print campaigns.
A total of 27 out of the 35 non-metro airports that have been taken up for development suffered a total loss of Rs 172.64 crore in 2006-07. Six of these made a loss of more than Rs 10 crore (Rs 100 million) each.
ICL, which is primarily a television property for the Zee group, kicks off on November 30 and is yet to find advertisers.
Indians are splurging to fly high on second-hand private jets. The cost of these jets (over 75 per cent of the business jets sold in the country are second-hand), are on an average up to 50 per cent cheaper than a new aircraft.
ITDC/Aldeasa, a joint venture between state-owned Indian Tourism Development Corporation and Spanish company Aldeasa, had bagged the contract for duty-free operations at Mumbai airport for Rs 571 crore (Rs 5.71 billion) in February. Operations were to start in June. Instead, two weeks ago, Aldeasa wrote to MIAL saying that the contract value should be reduced to Rs 250 crore (Rs 2.5 billion).
As many as 13 key vacant private FM radio stations in five towns are likely to become the battle ground for six big national private FM radio companies in the next month's financial bidding of 96 vacant stations across 48 cities.
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