India-Swiss air service pact to be amended, Cabinet nod to signing protocol

The Cabinet on Tuesday approved signing of the protocol to amend the air services agreement between India and Switzerland, which will allow more number of airlines to start flight operations between the two countries. “It will provide enabling environment for enhanced and seamless connectivity while providing commercial opportunities to the carriers of both the sides […]

GoAir passengers troubled for second day as airline cancels 19 flights

Wadia group-owned GoAir suspended some of its services for the second consecutive day on Tuesday as it cancelled 19 flights across destinations, leaving thousands of passengers stranded, a source said. The city-headquartered airline had cancelled 21 flights on Monday, owning to non-availability of some of the aircraft and inadequate operating crew. The company had, however, […]

New project inflows for construction sector to improve in 2020: Icra

The new order inflows for construction companies will improve in 2020 with a huge pipeline of projects in the infrastructure sector, rating agency Icra said on Tuesday. Assigning a stable outlook for the construction sector, Icra however said delays in land acquisition, funding issues, and state government priorities pose threat to new order inflows. “Icra […]

Post rollout, 10.1 mn FASTags issued for electronic toll collection on NHs

The pan-India roll out of electronic toll collection on national highways (NHs) has resulted in issuance of 10.1 million FASTags till date, as per NHAI. The National Highways Authority of India (NHAI) started electronic toll collection through RFID-based FASTags on its 523 toll plazas across the country from December 15 for seamless flow of traffic. […]

Dilip Buildcon bags Rs 1,362.06-crore road project in Uttar Pradesh

Dilip Buildcon Ltd on Tuesday said it has bagged a Rs 1,362.06 crore road project in Uttar Pradesh. In a regulatory filing the company said that it has executed an engineering, procurement and construction (EPC) agreement on December 20, 2019 with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for the said project. The project […]