Delhi Metro now serving more than 9 lakh passengers daily
The festival of Raksha Bhandan brought some good luck for the Delhi Metro.
They are now serving more than 9 lakh passengers on a daily basis.
Tuesday itself saw a record 9.92 lakh commuters travelling on the Metro.
This helped Delhi Metro make Rs. 1.24 crores [...]
Bandra – Worli sea link set to open this month
People living in Mumbai would soon get some relief in the form of the Bandra-Worli sea link.
It is currently scheduled to open by the end of the current month.
The project was commissioned by the Maharashtra State Roadways Development Corporation and the Maharashtra Government. [...]
Tata Motors to revamp their truck range to compete with global companies
Indian automaker Tata Motors has said that they would totally be revamping their range of truck products to take on the growing competition from the global players.
Tata Motors’ Managing Director Ravi Kant said in a statement confirming these plans: “We are revamping the whole [...]
Flyington Freighters bypasses Boeing to sign a deal with Airbus
India based Flyington Freighters has announced that they are not going ahead with their previously announced deal with US based aircraft manufacturer Boeing.
They are instead going ahead with a deal with Airbus to launch their operations in the Indian market. T. Venkattram Reddy, chairman of Flyington [...]
Finnair announce plans to launch Mumbai-Helsinki flight
Finland’s Finnair has announced that they would soon launch a new flight between Mumbai and Helsinki to complete their existing flight between Delhi-Helsinki.
The company has seen massive response to their Delhi-Helsinki flight and this new flight is expected to be launched in June this year.
Finnair further said that they [...]
Air Travel in India could become expensive
Airline operators in India have said that air travel in the country could become expensive in the coming months. The government has proposed in the budget that withdraws the exemption on withholding tax of 12-15 per cent on lease rentals.
The exemptions given on this tax would now come [...]
Taiwan gets its own Bullet Train
Taiwan is set to join the exclusive group of countries having their own bullet trains. This much awaited service will finally go in to service today.
This bullet train service would link the island’s north and south regions. Experts believe that this convenience would dramatically change the country’s economic landscape.
The first [...]
American International Group to acquire Dubai’s U.S. port assets
US based Insurance giant American International Group has said that they would be acquiring the Dubai Ports World’s investment in several U.S. ports.
This would help settle down the criticism about foreign operators in American harbors.
AIG Global Investment Group said in a statement that they would be buying [...]
Boeing gets a mega order from Korean Air
Boeing Co. has confirmed that they have received a big order from Korean Air Co. Korean Air is placing an order for 25 passenger and freighter aircraft. These planes are worth around $5.5 billion at market price.
This order also includes an option for eight additional planes. And with [...]
Indian Railways planning Rail Ratna branded budget hotels
Indian Railway Minister Lalu Prasad announced that they are now planning to construct as many as 100 budget hotels on surplus railway land.
These would be constructed under the brand name of Rail Ratna and would be opened up throughout the country through public-private partnership.
The Rail Land Development [...]
