Easing of 5/20 norms should not hit established carriers: Singh

Last Updated: Saturday, June 6, 2015, 21:23

"The government should seriously look at it (5/20 norms) before taking a decision (to modify it). It needs to be ensured that existing (or established) players are not penalised," SpiceJet's chairman and managing director Ajay Singh said.

Land required for Railway infrastructure projects: Prabhu

Last Updated: Saturday, June 6, 2015, 16:48

"Whether for a sea port, airport or for the Railways, land is required. We need land for development of Railway infrastructure and for capacity expansion. But, getting land is becoming an important issue, which needs to be resolved by the Centre and the states jointly," he said at a news conference here.

Railways to form company jointly owned by centre, states

Last Updated: Saturday, June 6, 2015, 14:38

Prabhu said the move is in sync with the centre`s policy to empower the states.

Centre plans 500 incubation centres to skill professionals

Last Updated: Friday, June 5, 2015, 16:42

These centres would be on the PPP model and initially Rs 200 crore would be allotted for setting them up, particularly in districts, he said. He added that the Government wants to make the MSME sector competitive through technological innovation.

States inching towards GST, says K M Mani

Last Updated: Friday, June 5, 2015, 13:36

The Committee is in the process of discussing and arriving at consensus on large number of issues of GST, he said.

RCap to set up global commodity exchange in IFSC at GIFT City

Last Updated: Wednesday, June 3, 2015, 22:21

Financial services major Reliance Capital plans to set up a global commodity exchange in International Finance Service Centre at GIFT City here, along with a host of other international business units.

Reliance Capital to set up global commodity exchange in IFSC at GIFT City

Last Updated: Wednesday, June 3, 2015, 17:18

"This allotment is expected to bring in investment of around Rs 200 crore and generate employment for around 2,500 persons in next 3 years," GIFT MD and Group CEO Ramakant Jha said in a statement.

Goverment talks of contingency plan to tackle power woes

Last Updated: Wednesday, June 3, 2015, 16:15

"Today, we have stocks which can run these power plants for almost 20-22 days continously...," the minister said, adding that the buffer stock has been built up. "Power plants are ready to produce more. They have sufficient capacity in the system. Sufficient contingency plans have been drawn up," the minister said.

Arkin raises USD 15 mn from Nexus, strategic investors

Last Updated: Wednesday, June 3, 2015, 13:54

With a "simple Google search-like experience", the Arkin platform enables organisations to rapidly search, analyse, share and collaborate across virtual and physical layers of their infrastructure, the company said in a statement.

Nokia launches localised data center service for telecoms firms

Last Updated: Monday, June 1, 2015, 21:04

Finnish telecoms equipment maker Nokia launched a new localised data center service for mobile network operators on Monday, enabling the operators to better compete with the likes of Amazon and Google in providing internet services.

Government reduces tariff value on gold, silver

Last Updated: Monday, June 1, 2015, 16:47

During last fortnight, the tariff value on imported gold was USD 398 per 10 grams and on silver at USD 567 per kg.

Lawful interception: Equipment installed in Delhi & Bangalore

Last Updated: Sunday, May 31, 2015, 12:34

"There are four nodes: CMC, RMC, ISF server at telecom operators site and lawful interception and monitoring equipment at law enforcement agencies," sources said.