operational cost

Air India’s staff strength to be right-sized: Ajit Singh


July 17th, 2012 - 11:23 pm ICT by IANS
Bangalore, July 17 (IANS) Some wings of national carrier Air India would soon be hived off to right-size its staff strength and monetise its assets for an early turn-around, Civil ... Read more...

Posted in Business |

Delhi Metro rules out fare hike for now


June 28th, 2012 - 8:06 pm ICT by IANS
New Delhi, June 28 (IANS) The Delhi Metro Rail Corporation (DMRC) Thursday said it was not hiking fares for now."At present, there is no decision regarding increase in fares of ... Read more...

Posted in Business |

SpiceJet applies for direct import of jet fuel


April 3rd, 2012 - 1:23 am ICT by IANS
New Delhi, April 2 (IANS) Budget carrier SpiceJet Monday said it has applied to the Director General of Foreign Trade (DGFT) for permitting the airline to directly import jet ... Read more...

Posted in Business |

Air India, Boeing negotiate ‘just compensation’ for delays (Lead)


May 23rd, 2011 - 11:30 pm ICT by IANS
New Delhi/Mumbai, May 23 (IANS) National carrier Air India Monday said that it was in active negotiations with US aerospace major Boeing for securing "just compensation" for the delay in ... Read more...

Posted in Uncategorized |

Wipro buying US firm’s IT business for $150 mn


April 1st, 2011 - 11:47 pm ICT by IANS
Bangalore, April 1 (IANS) Global software major Wipro late Friday announced it was buying the oil and gas IT service business of the US-based Science Applications International Corporation (SAIC) for ... Read more...

Posted in Business |

Now GPS to check misuse of official cars in China


February 11th, 2011 - 3:25 pm ICT by IANS
Shanghai, Feb 11 (IANS) Hundreds of government vehicles in China's Zhejiang province will be fitted with GPS devices to prevent officials from using them for personal use, a media report said Friday.The ... Read more...

Posted in Sci-Tech |

Philippines’ retailer opts for Manthan’s analytics solution


February 2nd, 2011 - 11:54 pm ICT by IANS
Bangalore, Feb 2 (IANS) Leading Philippines retailer Robinsons has selected the retail analytics solution of Manthan Systems for its supermarket chain in the South East Asian country, the city-based IT firm said ... Read more...

Posted in Business |

India test-flies Nishant drone with new technology


October 29th, 2010 - 8:26 pm ICT by IANS
Bangalore, Oct 29 (IANS) India has successfully test flown its unmanned aerial vehicle (UAV) Nishant with new technology for monitoring its structural health in flight, a defence official said Friday."The trials were ... Read more...

Posted in Sci-Tech |

PNB joint venture to enter microfinance in Nepal


October 5th, 2010 - 4:27 pm ICT by IANS
By Sudeshna Sarkar Kathmandu, Oct 5 (IANS) Indian public sector Punjab National Bank's joint venture in Nepal, Everest Bank Ltd (EBL), is now seeking to enter the microfinance segment in the Himalayan republic ... Read more...

Posted in Business |

Iran Passenger Jets Denied Fuel In A Number Of Countries


July 6th, 2010 - 7:11 pm ICT by GD
By Ranjan Bhaduri July 6, (THAINDIAN NEWS) Iran reported recently that its passenger jets were not given fuel in a number of countries including the United Arab Emirates, the UK and Germany. The ... Read more...

Posted in World News |

Bus fare hiked in capital, Delhiites upset (Second Lead)


October 26th, 2009 - 8:30 pm ICT by IANS
New Delhi, Oct 26 (IANS) Commuting in the capital on the Delhi Transport Corporation (DTC) buses became costlier from Monday as the government hiked fares, and after a 30-year freeze steeply ... Read more...

Posted in Business |

Punjab government exempts Adarsh schools from taxes


September 24th, 2009 - 5:04 pm ICT by IANS
Chandigarh, Sep 24 (IANS) The Punjab government has exempted Adarsh (model) schools, coming up under the public-private partnership (PPP) model in the state, from various taxes. "This decision was taken at a ... Read more...

Posted in Business |

Air Arabia Q1 profit soars by 21%


August 10th, 2009 - 9:09 pm ICT by IBNS
Kolkata, Aug 10 (IBNS) The net profit of Air Arabia (PJSC), the Middle East and North Africa’s first and largest low-cost carrier (LCC), for the first half of this year (ending June ... Read more...

Posted in Business |

Orissa’s software exports grew by 39 percent in 2008-09


July 9th, 2009 - 9:02 pm ICT by IANS
Bhubaneswar, July 9 (IANS) Despite the global economic slowdown, software exports from Orissa grew by 39.05 percent in 2008-09 over the year before, officials said Thursday. The total IT exports of the state ... Read more...

Posted in Business |

It’s cool! LG plans ACs as cheap as coolers


June 4th, 2009 - 12:22 pm ICT by IANS
By James Jose Seoul, June 4 (IANS) South Korean consumer durables major LG Electronics, which triggered a demand for low cost air- conditioners in India, has now set itself another ambitious target: ACs ... Read more...

Posted in World |

G.V.K. Reddy to help EMRI, brainchild of Satyam Raju


May 27th, 2009 - 12:57 pm ICT by IANS
Hyderabad, May 27 (IANS) Eminent industrialist G.V.K. Reddy has been unanimously elected chairman of Emergency Management Research Institute (EMRI), a brainchild of disgraced founder and former chairman of Satyam Computer Services ... Read more...

Posted in Business |

Corporates can survive bad times without downsizing (Comment)


February 26th, 2009 - 12:08 pm ICT by IANS
News of downsizing is bad news for any employee. Though downsizing is a common strategy adopted by organisations to cut costs and keep performance standards high, during the current recession it appears ... Read more...

Posted in World |

Shinde inaugurates NTPC anchored event


February 13th, 2009 - 8:08 pm ICT by ANI
New Delhi, Feb 13 (ANI): Union Minister of Power Sushilkumar Shinde here today inaugurated a two-day NTPC anchored event ''Imagineering for Brave New World Indian Power Stations''. Delivering his inaugural address ... Read more...

Posted in National |

Airlines unwilling to reduce fares


December 22nd, 2008 - 8:55 pm ICT by IANS
New Delhi, Dec 22 (IANS) Indian air operators are unwilling to cut fares until the government brings aviation turbine fuel (ATF) under the "declared goods" category, a spokesperson of Kingfisher Airlines said ... Read more...

Posted in Business |

Uttar Pradesh transport corp bags fuel efficiency award


October 18th, 2008 - 3:26 pm ICT by IANS
Lucknow, Oct 18 (IANS) The Uttar Pradesh State Road Transport Corporation (UPSRTC) has bagged two awards for fuel efficiency and minimum operational cost from Ministry of Road Transport and Highways, an official ... Read more...

Posted in Uncategorized |

Himachal road transport gets national awards


October 15th, 2008 - 9:03 pm ICT by IANS
Shimla, Oct 15 (IANS) The Himachal Road Transport Corporation (HRTC) Wednesday received three national awards at a function held in New Delhi, an official statement said.The HRTC got the awards for highest ... Read more...

Posted in Business |

Pakistan to scrap over 10,000 poverty alleviation schemes


July 8th, 2008 - 2:59 pm ICT by IANS
Islamabad, July 8 (IANS) The Pakistani government is to scrap over 10,000 community-based poverty reduction and employment generation schemes launched by the previous regime. The bulk of these are under the Rs.25 ... Read more...

Posted in Business |

Government may cut landing, parking charges at airports


June 24th, 2008 - 7:03 pm ICT by IANS
New Delhi, June 24 (IANS) In a bid to bail out the aviation industry for losses it is incurring on account of high operational costs, Civil Aviation Minister Praful Patel Tuesday hinted ... Read more...

Posted in Business |

Rural Postal Life Insurance bonus stands enhanced


June 9th, 2008 - 10:53 pm ICT by ANI
New Delhi, June 9 (ANI): Rural Postal Life Insurance (RPLI) bonus for the most popular scheme Endowment Assurance (E.A.) stands enhanced from Rs. 50 to Rs. 55 for every Rs. 1000 ... Read more...

Posted in Sports |

Haj airfares set to go up


June 7th, 2008 - 5:21 pm ICT by IANS
New Delhi, June 7 (IANS) Haj airfares are all set to go up soon with the airlines reporting major losses due to high aviation fuel prices. A senior aviation ministry official confirmed ... Read more...

Posted in Business |

Sri Lankan train fare hiked by 90 percent


June 1st, 2008 - 4:32 pm ICT by admin
By P. Karunakharan Colombo, June 1 (IANS) The Sri Lankan government has announced a mammoth 90 percent hike in train fares, media reports here said Sunday. The hike comes a week after increase ... Read more...

Posted in South Asia |

MPs concerned over air fare hike


May 7th, 2008 - 11:26 pm ICT by admin
New Delhi, May 7 (IANS) Parliamentarians who are members of the Consultative Committee on Civil Aviation (CCCA) Wednesday expressed concern at the hike in air fares due to the rising cost of ... Read more...

Posted in Business |

UN calls for concerted efforts to control rising food crisis


April 15th, 2008 - 2:24 am ICT by admin
DPA New York, April 15 (DPA) The UN called Monday for a long-term policy on food grain production in order to avert famine amidst steeply-rising prices that threaten to undermine anti-poverty programmes. UN ... Read more...

Posted in Business |

Jet, Kingfisher hike fares, Air India to follow


April 2nd, 2008 - 6:08 pm ICT by admin
New Delhi, April 2 (IANS) Leading private carriers Jet Airways and Kingfisher Airlines have decided to increase their domestic air fares and Air India too is expected to follow the suit, thanks ... Read more...

Posted in Business |

Air fares to go up as aviation fuel prices soar


April 2nd, 2008 - 12:16 am ICT by admin
New Delhi, April 1 (IANS) Public sector oil companies Tuesday raised air turbine fuel (ATF) prices by over 13 percent, a move that would force airline operators to increase air fares. Petroleum ... Read more...

Posted in Business |

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