Surjeet Das Gupta In New Delhi

Companies warm up to budget carriers

The economic slowdown has made companies look at low-cost carriers with new respect. As a result, corporate travellers now constitute over 35 per cent of the traffic on LCCs, up from ten per cent a year ago. This has caused LCCs to record passenger load factor in excess of 70 per cent, though overall traffic has fallen 10 per cent in the last one year. Full-service carriers, in contrast, are known to have lower PLF of around 60 per cent.

Most AAI staff spurn Delhi airport co offer

Only 9 per cent of the over 2,300 employees of the Airports Authority of India (AAI) working in Delhi airport have opted for a voluntary scheme to join the GMR group-promoted Delhi International Airport Ltd (DIAL), the public-private joint venture that is modernising the airport.

Samsung to make India an export hub

The hubs will feed Europe, US and the Gulf.

Bharti plans 3-tier retail model

Bharti Retail, a subsidiary of the Delhi-based Mittal group, has tied up with Wal-Mart

Sahara hires ex-United Airlines head Rono Dutta

Pvt airlines may fly to Persian Gulf, S-E Asia

2003 third warmest in 150 years

Ambani calls the right numbers

US data privacy laws may crimp BPO firms

One-time entry fee for basic operators