Mihir Mishra &Amp; Jyoti Mukul

Stories by Mihir Mishra &Amp; Jyoti Mukul

Aviation ministry opposes UK's departure tax plan

Aviation ministry opposes UK's departure tax plan

Rediff.com   23 Aug 2010

The prevalent practice is that airlines have to pay between Rs 4,000 and Rs 4,500 per filled seat as departure tax.

Cleartrip chief interrogated in data theft case

Cleartrip chief interrogated in data theft case

Rediff.com   10 Aug 2010

Cleartrip is one of the top three online travel agencies in India, with a 35 per cent market share.

NHAI, Planning Commission war continues

NHAI, Planning Commission war continues

Rediff.com   10 Aug 2010

The Plan panel is against an NHAI proposal to increase the cost allocation of building each four-lane highway by 33 per cent.

AI's direct flight from Delhi to Melbourne in Nov

AI's direct flight from Delhi to Melbourne in Nov

Rediff.com   6 Aug 2010

AI used to operate flights to Melbourne, Sydney and Perth in Australia but these were not direct; they went via Singapore. These flights were later stopped.

Pilot exodus hits Kingfisher

Pilot exodus hits Kingfisher

Rediff.com   6 Aug 2010

Vijay Mallya-promoted Kingfisher Airlines is flying into turbulence. More than 150 of its pilots have left in the past year-and-a-half, citing various reasons. Even though others have joined, the current shortage is estimated at 35 pilots, forcing the airline to ground some of its aircraft, cancel leaves of flight commanders, and put senior executives from the operations department on flying duty.

NHAI may change funding model for road contracts

NHAI may change funding model for road contracts

Rediff.com   4 Aug 2010

The NHAI board is considering a proposal to give 40 per cent of the annuity payment to the contractors upfront and the remaining amount later in instalments.

Govt to upgrade 3,700 km national highways

Govt to upgrade 3,700 km national highways

Rediff.com   26 Jul 2010

The project, to be executed by the Ministry of Road Transport & Highways, would involve double-laning of single-lane highways in eight states in the next three years.

Delhi airport, Air India close to mega deal

Delhi airport, Air India close to mega deal

Rediff.com   23 Jul 2010

Delhi International Airport Ltd, the consortium operating Delhi airport, is close to signing a mega deal with Air India, which is making the new terminal its operational hub.

Low-cost carriers to double fleet

Low-cost carriers to double fleet

Rediff.com   22 Jul 2010

The country's leading low-cost air carriers -- IndiGo, SpiceJet and GoAir -- are set to nearly double their fleet capacity over the next 17 months.

Air passenger numbers rise, yields by far less

Air passenger numbers rise, yields by far less

Rediff.com   21 Jul 2010

The passenger numbers have grown at a little over 20 per cent in the past few months.

FinMin supports plan panel on road bid norms

FinMin supports plan panel on road bid norms

Rediff.com   17 Jul 2010

The Union finance ministry has endorsed the views of Gajendra Haldea, infrastructure advisor to the deputy chairman of the Planning Commission, who had objected to recent changes in bidding norms by the National Highways Authority of India.

'Petrol price deregulation is not enough'

'Petrol price deregulation is not enough'

Rediff.com   15 Jul 2010

In an interview with Ajay Modi & Jyoti Mukul, ONGC chairman R S Sharma says uncertainties continue in the business even after decontrol of petrol prices.

NHAI may go bankrupt in three years: Plan panel

NHAI may go bankrupt in three years: Plan panel

Rediff.com   15 Jul 2010

A report by a senior official in the Planning Commission has said the National Highways Authority of India (NHAI) is heading towards bankruptcy, as its debt is set to increase five times in the next three years.

Trivandrum Airport: Kerala opposes development fee

Trivandrum Airport: Kerala opposes development fee

Rediff.com   12 Jul 2010

AAI has got approval from Airport Economic Regulatory Authority to charge Rs 755 per departing international passenger for a period of 10 years.

Diktat on helipads to hit industry

Diktat on helipads to hit industry

Rediff.com   12 Jul 2010

It would also hit the over 20 helipads that were being planned by corporate houses, hotels and individuals.

Plan panel document trigger for 'armchair' remark

Plan panel document trigger for 'armchair' remark

Rediff.com   7 Jul 2010

Though the controversy between the Planning Commission and the road transport ministry is old, the trigger for Road Transport and Highways Minister Kamal Nath calling the Commission an 'armchair advisor' seems to be a document of the Planning Commission.

JetLite to deposit Rs 100 cr in Sahara tax dispute

JetLite to deposit Rs 100 cr in Sahara tax dispute

Rediff.com   1 Jul 2010

The government's contention was that Sahara Airlines Ltd (now JetLite) was promoting the real estate and housing business and area operations of Sahara India Commercial Corporation.

L&T plans to restructure JV with Mitsubishi

L&T plans to restructure JV with Mitsubishi

Rediff.com   25 Jun 2010

L&T plans to transfer the equity of L&T in their joint ventures with Mitsubishi Heavy Industries into L&T Power through a book transfer, if clauses for the re-tender remain the same, company executives told Business Standard.

PowerGrid's bidding norms to hit Chinese vendors

PowerGrid's bidding norms to hit Chinese vendors

Rediff.com   25 Jun 2010

In what could close the doors for import of Chinese equipment in power transmission, state-run Power Grid Corporation is making it mandatory for suppliers to have manufacturing facilities in India within three years. The company's board is likely to approve the proposal in its meeting on July 2.

AI has less room for cost cuts

AI has less room for cost cuts

Rediff.com   14 Jun 2010

As per 2009 estimates, two major expenditure verticals were fuel cost, with 34.2 per cent, and staff cost, with 16.2 per cent.