Wipro is close to setting up an IT park in Nagpur and is believed to have acquired 117 acres of land at the new special economic zone in the city.
Infrastructure developer GMR Group plans to set up an airport-based special economic zone near the new Hyderabad International Airport, which it has the mandate to develop.
Carriers like Indian, Jet Airways, Kingfisher Airlines and Paramount Airways, apart from a host of start-up airlines, are sewing up deals to acquire 50-70 seater aircraft for less congested routes.
Today, GMI has a brand new car factory, an existing one that runs on three shifts to produce 65,000 cars, two new small cars, a successful utility vehicle. . . looks like GMI is getting serious about India.
Shivaz Rai, owner of a travel agency in Delhi, spent Rs 48,000 on low-cost carrier Air Deccan's Superflier scheme offering coupons for 12 flights to any destination.
Air-India (A-I) chairman and managing director Vasudevan Thulasidas and Jet Airways chairman Naresh Goyal have a common agenda: to get their airlines among Asia's top five by 2010 in terms of size and service.
Needless to say, Kingfisher is planning to deploy all foreign cabin crew on its US flights.
Jet Airways, which has acquired Air Sahara for Rs 1,450 crore (Rs 14.5 billion), needs to shell out Rs 800 crore (Rs 8 billion) immediately to rejuvenate the loss-making airline and take charge of it.
Market analysts are divided over the benefits of the revisited clauses of acquisition on Jet Airways.
While full service carriers (such as Jet Airways, Kingfisher Airlines and Air Sahara) offer food onboard and personal attention, low-cost carriers (such as Air Deccan, SpiceJet and GoAir) do not offer many of these services.
Rival airlines expect Jet Airways to restore some "sanity" in the pricing of tickets after the acquisition of Air Sahara.
Acquiring Air Sahara will give Jet Airways the scale required to dominate the lucrative routes to West Asia and the United Kingdom.
Sources said the acquisition might be one of the biggest deals till date in the domestic shipbuilding industry. A comparable new shipyard would have cost Rs 200-250 crore.
The US-based private equity firm Texas Pacific group, among three others, is in talks with country's second largest airline Air Deccan for picking up a minority stake.
In short, the car should appeal to anyone who is planning to buy anything, from the top-of-the-line Hyundai Santro and Suzuki Wagon R to the Suzuki Swift and Hyundai Getz to the Honda City and Ford Fiesta.
Reliance Industries, the country's largest private sector company, has decided to introduce employee stock options by the next quarter
Indus Air, a regional airline, has suspended operations from last week, just three months after its commercial launch.
Sources said the DGCA is reviewing tests by the US-based Federal Aviation Administration (FAA) and European Air Safety Agency (EASA) on mobile phone usage on board aircraft.
Road ministry proposes an amendment to Motor Vehicles Act.
Limited capacity addition this year despite burgeoning growth in international travel, easier visa norms for Europe and the US and huge cancellation charges have all led to an unprecedented seat shortage and an increase in ticket prices.
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