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Archive for October, 2011

India August Domestic Air Passenger Growth Highest Globally

October 21, 2011 Leave a comment

“The industry has shifted gears downward. The pace of growth in passenger markets has dipped and the freight business is now shrinking at a faster pace. With business and consumer confidence continuing to slump globally, there is not a lot of optimism for improved conditions anytime soon,” said Tony Tyler, IATA director-general and chief executive officer. (www.iata.org)

Excerpts of The IATA Release Read more…

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Categories: Aviation

New Telecom Policy Rings In Nationwide Roaming

October 21, 2011 Leave a comment

Communications Minister Kapil Sibal unveiled the draft National Telecoms Policy 2011 on October 10, 2011. Read more…

Categories: Telecom

Pipeline Growth Hinges On Gas Sector Reforms

October 21, 2011 Leave a comment

Latest data on eight core infrastructure sectors show that fall in natural gas output pulled down overall growth in these sectors. Here’s a peep in to the dynamics of natural gas industry in India and its impact on gas pipeline industry. Read more…

Categories: Natural Gas

Hotels Check-Ins Up, But Margins Tight

October 21, 2011 Leave a comment

With the hotel industry being seasonal in nature, it is likely to post a muted growth in profits during July-September. While sales are expected to rise at a healthy pace, surge in costs is likely to rein in profits. Financial performance during October-December is likely to be healthy, driven by festive demand and events such as the Grand Pix Formula-1 to be held for the first time in India. Read more…

Categories: Tourism

Freight Rate Hike By Railways

October 21, 2011 Leave a comment

A circular issued by Indian Railways last week shows that the season levy is increased to 10% from 7% announced in March 2011. This levy is in addition to normal tariff and is applicable to most goods transported during October-March that is considered busy season for railways. In March 2011, railways had levied a busy season charge of 5% on coke and coke group and 7% on all other commodities. Containerised cargo and certain automobile traffic continue to be exempt from this levy.  Read more…

Categories: Cement, Coal, Fertiliser, Railways

Coal India Stir Further Tightens Supply To Power Plants

October 21, 2011 Leave a comment

A temporary fall in production of coal has exposed the vulnerability of the sector to supply by a single company, namely Coal India. This dependence is likely to continue until the time the sector is deregulated and price gap between imported and domestic coal exists. Read more…

Categories: Coal, Power