LOGISTICS
AIRLINES
No immediate plans to launch low-cost service: AI chief
Air India plans to see the outcome of the low-cost long distance flights being operated by the Hong Kong-based Oasis Airlines and soon-to-be-launched service of the Malaysia-based Air Asia before taking a decision on launching its own long ...
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INFRASTRUCTURE
Apollo wins bid for airport centre
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POLICY
Cabinet okays changes in 1934 Aircraft Act
New Delhi, Aug. 3 The Union Cabinet has approved several amendments to the Aircraft Act, 1934 that would give the Government a host of powers to regulate the sector, including the licensing personnel engaged in Air Traffic Control activities. ...
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RAILWAYS
Nalco crisis: Zonal rlys told to rush coal
Drop in captive power generation due to non-availability of coal
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Rlys approves 244 freight incentive proposals
Additional earnings of Rs 305.29 crore will be generated
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INCOME TAX
Shipping firms ride the TDS wave
The Indian shipping industry, which was worried about the Income-Tax Department’s demand for higher TDS (tax deduction at source) rate on ship rental income (that is, charter hire payments), is relieved. More
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