Greaves Cotton, for instance, has converted half its holding into commercial real estate (a multiplex) while Elpro plans to follow suit by developing half its 37-acre land at Chinchwad.
Late commissioning to impact the exploration and production activities of ONGC.
Like the US, India too has a sub-prime market and it is booming. The success of early entrants like Citi Financial and GE Money has encouraged several others to enter the consumer lending business, nearly half of which is a sub-prime market.
Following Hyderabad-based GMR Infrastructure's successful bid for the new Istanbul airport and DS Construction's acquisition of energy company Globeleq's US assets, many mid-size infrastructure companies are planning to venture overseas.
In order to enhance air connectivity within the state, the Kerala government may underwrite a portion of seats of domestic carriers as part of its new civil aviation policy.
Even if you assume a higher return fare of Rs 40,000, the yield will still be lower than the costs.
The government is in the process of structuring a uniform performance-linked incentive scheme for Air India and Indian Airlines employees after the merger of the two airlines.
As competition hots up, airlines are doling out freebies to wean away customers.
Jet Airways Executive Director Saroj K Datta declined to comment, stating he has not got any circular from DIAL.
No major price skirmishes expected; Passengers seem to prefer flights with a short stop-over.
JetLite, which was acquired by Jet Airways for Rs 1,450 crore, is operating three of its seven Canadian-built Bombardier airplanes. JetLite has a total 24 aircraft, including Boeing B737s.
The proposed $400 million rights issue of Naresh Goyal-promoted private airline Jet Airways will hit the capital market by mid-October.
Mukesh will invest Rs 25,000 crore in setting up an SEZ in Navi Mumbai
Airline sources said an increase of Rs 600 to Rs 1,000 is necessary for all carriers to become profitable.
"Why should we panic? Today, the market is at a higher level. Even a 400 points fall is less than 3 per cent of the market," said Anoop S Kumar, a retail investor who works for a public sector bank. He's not alone who thinks so.
The high-profile denizens of Mumbai and other celebrities will soon have a new place to hang out. Planet Hollywood, the US-based theme restaurant, is planning its debut in India by setting up a floating restaurant around the Mumbai harbour.
Air India has positioned its fares on par with airlines offering one-stop services to US.
"Though the management has agreed to pay the pending arrears to ACEU, the other unions have not been paid yet," said a union member.
Three major companies, Japanese giant Toshiba, Canadian major Bombardier and GE, are looking at manufacturing wagons and coaches in the country.
Cochin International Airport may team up with some domestic airlines to launch a budget carrier for the Gulf destinations.
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