• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Feb. 22 National Aviation Company of India Ltd’s plans for setting up a joint venture company with Singapore Air Terminal Services (SATS) for undertaking ground and cargo handling at various airports in the country has been approved by the Union Cabinet on Monday.

The 50:50 joint venture between NACIL and SATS will invest Rs 99 crore and Rs 73 crore for cargo and ground handling at the Bangalore airport respectively.

It will invest Rs 80 crore for Hyderabad airport ground handling facilities.

More Stories on : Airlines | Alliances & Joint Ventures | Policy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line