Interglobe Aviation Ltd , owner of Indian budget airline IndiGo, forecast a strong year ahead after the collapse of Jet Airways Ltd helped the company report a fivefold jump in fourth-quarter profit. IndiGo, the country’s largest airline by market share, gained passengers in recent months after Jet Airways shut down operations in April, having been […]
Category: Deccan Chronicle
Deccan Chronicle
Palarivattom flyover to miss June 1 deadline
Kochi: The first phase of repair works on Palarivattom flyover is set to miss June 1 deadline with the expert IIT team directing the Roads and Bridges Development Corporation of Kerala (RBDCK) to carry out additional repair works. “The black topping on the flyover surface, except that of the approach road towards Vytilla side is […]
New road to cut airport commute
Hyderabad: The Hyderabad Metropolitan Development Authority, after fighting court cases for a decade, has now got permission to construct the P7 road which will pass through the Inner Ring Road to Mailardevpally via Laxmiguda, Jalpally and Mamidipally to the Srisailam Highway. This road will be built at an estimated cost of Rs 51.54 crore, will […]
REC Ltd net profit rises 50 pc to Rs 1,256 crore in March quarter
New Delhi: State-owned Rural Electrification Corporation (REC) Ltd posted around 50 per cent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net profit for the quarter ended March 31, 2018, was Rs 839.40 crore, a Bombay Stock Exchange (BSE) […]
Global summit soon to replicate CIAL model
Kochi: The Cochin International Airport Limited (CIAL) will convene an international summit for the managing directors of the airports of member countries to decipher possibilities of repeating the CIAL model in global level. This was after CIAL has expressed its readiness to provide solar consultancy service to airports of the member countries, to the 40-member […]
Power demand in Hyderabad at record high
Hyderabad: To meet the growing demand for power in Hyderabad, TS Transco has adopted advanced technology without constructing new towers and laying electric lines. It has fixed high temperature low sag (HTLS) conductors to the existing lines. TSTransco CMD D. Prabhakar Rao said in a statement on Wednesday that the capacity of 220KV double circuit […]
Jet Airways shares jump over 8 pc on Hinduja stake buy buzz
New Delhi: Shares of grounded Jet Airways advanced over 8 per cent in early trade on Wednesday after the diversified Hinduja Group said it is evaluating the opportunity to invest in the airline. On the BSE, the airline’s scrip rose 8.59 per cent to Rs 163.70. The stock gained 8.61 per cent to Rs 163.85, […]
PS Sreedharan Pillai files case against Thomas Isaac
Thiruvananthapuram: BJP State president P. S. Sreedharan Pillai has initiated legal proceedings against finance minister Thomas Isaac for ‘spreading false messages’ against him on social media. Mr Pillai told reporters here on Tuesday that Mr Isaac had misled people against him on the land acquisition for NH 66 development.
Bengaluru plagued by power cuts, Bescom blames monsoon
Bengaluru: The city has been facing frequent power cuts, and Bescom has a ready answer for the shutdowns, saying they are for the maintenance work ahead of the coming monsoon. But the irony is that these power cuts occur at the slightest hint of a rain, and how will Bescom cope with the monsoon, residents […]
Now, book your domestic flight tickets on Amazon
After allowing you to pay all your various bills, Amazon has now confirmed that it will also allow you to book your domestic flight tickets as well. As with everything else on the Amazon app, booking your flight tickets is extremely simple. In order to book your domestic flight, all you need to do is […]
Virgin Atlantic to resume Mumbai-London flight from Oct 27
Mumbai: British carrier Virgin Atlantic on Tuesday announced the resumption of its daily services to the city from London’s Heathrow, starting October, after discontinuing its flights to the city four years back. The Mumbai London flight will be available from booking from May 28 and the services on the route will restart from October 27, […]
Electric vehicle count remains static in Bengaluru
Bengaluru: In an alarming indication that more number of people are switching from public transport to private commute, Karnataka’s vehicular population has now touched 2 crore. Also, recent data from the transport department reveal that the current vehicle population in Bengaluru stands at 80 lakh plus. But the shocking news is only 9,000 e-vehicles run […]