At the moment Concor, a public sector company controlled by the railways, has a monopoly in running container trains across the country. It offers ferrying rates to carry containers that are one-third of that on roads.
"The new aircraft have anti-fog devices, but installing these in older planes is costly," the Airports Authority of India sources said.
Domestic companies are also not far behind and are in an expansion mode through the inorganic route.
India will have its tenth domestic passenger airline operating feeder routes from December 14.
Budget carriers say no to full cost airlines' proposal to up rates.
Cut-throat competition in the India-UK route has taken its toll on the UK's second largest full service scheduled airline bmi (British Midland).
The company will go in for a pre-IPO private placement of 15 per cent of the shares to be offered through the issue.
Videocon Industries Chairman and Managing Director Venugopal Dhoot told Business Standard the company had already started production of PCs -- 3,000 a month -- at its Taratola facility in Kolkata.
Sources close to the development said the Tata group had registered revenues of around Rs 1,100 crore from the defence sector in 2006.
The Vedanta group's Rs 3,600-crore (Rs 36 billion) alumina refinery in Orissa's Kalahandi district is likely to clear the final hurdle soon.
After a delay of four months, Indian intelligence agencies have given security clearance to International Container Terminal Services Inc
Engineering and construction major Larsen & Toubro is planning to foray into arms and ammunition to widen its defence equipment portfolio
Barclays Plc, UK's third-largest bank by assets, plans to enter the emerging credit card market in India.
Airlines make beeline for tier-III and IV cities, government modernising defunct airports
Jet Airways has entered into a special code sharing agreement with the world's largest carrier American Airlines for India-US flights.
The battle for Corus is expected to take a decisive shift this week, with the pension trustees of the Anglo-Dutch steel company expected to meet the representatives of Brazil's CSN to understand its commitment to the workers' pension.
Mitsubishi, Itochu, Bombardier, Siemens, GE and Alstom want piece of action.
Tata Steel is bracing to deliver what investment bankers say will be a knockout punch to its competitor, Brazil's Companhia Siderurgica Nacional
Mounting losses have not dampened the expansion plans of domestic carriers.
Freight rates between India and China have dropped by more than half following introduction of express services between the two countries by leading international container shipping liners.
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