Kolkata: In what can be billed as the best ever financial performance, the State-run coal behemoth Coal India Ltd (CIL) on Thursday notched up a Q4 consolidated net profit of Rs 6,024.23 crore, up 362 per cent from Rs 1,302.63 crore in the year-ago period, riding on operational cost control, better average realisation in both […]
Category: Deccan Chronicle
Deccan Chronicle
Kochi: Vigilance FIR on flyover likely
Kochi: The Vigilance and Anti-Corruption Bureau (VACB) is likely to register an FIR on the suspected corruption in the construction of Palarivattom flyover following the inquiry report which was submitted to director Anil Kant. The preliminary inquiry report submitted by the VACB Ernakulam district unit reportedly pointed out numerous flaws in the construction of the […]
KSSP to govt: Drop waste-to-energy plants
Kochi: The Kerala Sastra Sahitya Parishat has asked the government to drop the plans to set up waste-to-energy plants across the state. According to the KSSP, small decentralised plants and centralised facility to recycle plastic waste and minimising the quantity of garbage generated are the effective methods for solid waste management. The 56th annual conference […]
Power cuts cripple city,‘watt’ is happening, bescom?
A stormy Sunday saw not just trees fall like nine-pins in the city, but also power cuts, that lasted not merely for a couple of hours , but almost an entire day, with the Bescom seemingly helpless to deal with the situation. People, who prided themselves on living in the IT City, the Silicon Valley […]
Impairment hit GMR Infra’s Q4 loss at Rs 2,341 cr
Hyderabad: GMR Infrastructure suffered Rs 2341.25 crore loss on consolidated basis during the quarter ended March 31, owing to impairment losses of some of the power assets, the infra major said in a filing with bourses on Thursday. The company had reported Rs 4.81 crore profit after tax during the same quarter in FY18.
Hyderabad: Flights delayed as airport put on manual mode
Hyderabad: The Rajiv Gandhi International Airport was put on manual mode by the air traffic controller due to a technical snag in the system, resulting in flights getting delayed by five to 15 minutes from 6 pm to 9 pm on Tuesday. A technical snag was detected at the ATC due to which the departure […]
Elevated corridor to have air purifiers to mollify opposition
Bengaluru: In order to mollify the opposition to the proposed elevated corridor, for which thousands of trees will be cut, Karnataka Road Development Corporation Limited (KRDCL) is planning to install air purifiers along the 102 km long corridor network. The corridor project, which aims to reduce road traffic congestion in Bengaluru, plans to install open-air […]
Kempegowda Airport lounges to get facelift starting June 1
Bengaluru: Users of the lounges at the Kempegowda International Airport, Bengaluru (KIAB) can look forward to a new and exclusive lounge and transit hotel experience at the airport, once the refurbishment of the lounges and transit hotel are complete. The airport currently has four lounges — two at International Security Hold Area (SHA) and two […]
Visakhapatnam airport adjudged third best
Visakhapatnam: Visakhapatnam International Airport was adjudged as the third best in the category of airports having passenger footfalls from 15 lakh to 50 lakh a year. Members of Andhra Pradesh Air Travellers Association (APATA) have welcomed the assessment done by the Quality Council of India (QCI). Airport Authority of India (AAI) had entrusted QCI – […]
Arcelor, Resurgent plan joint offer for Essar Power plant
ArcelorMittal is exploring a joint offer with Resurgent Power Ventures Pte to buy an Essar Power generation plant, according to people with knowledge of the matter. The companies have held preliminary talks on a potential joint bid for the 1,200-megawatt power plant in Singrauli, Madhya Pradesh, said the people, asking not to be identified because […]
Moderate growth in air passenger markets, but further decline in cargo demand: AAPA
Kuala Lumpur: Preliminary traffic figures for April released on Monday by the Association of Asia Pacific Airlines (AAPA) showed continued growth in international air passenger markets supported by ongoing expansion in the global services sectors. On the other hand, air cargo volumes contracted further following disruptions to global supply chains amid heightened trade tensions, particularly […]
IndiGo posts 5-fold rise in Q4 profit on Jet turbulence
Mumbai: InterGlobe Aviation, parent of IndiGo airline, on Monday reported a five-fold jump in profit after tax to Rs 589.6 crore for January-March on the back of higher passenger revenue. IndiGo CEO Ronojoy Dutta said Jet Airways grounding also helped the carrier improve its revenue performance in the fag end of February and in entire […]