GMR in race for 850 mn Euro airport project in Greece
Hyderabad/New Delhi: Infrastructure major GMR Group along with Greece-based GEK Terna has bid for around 850 million Euro airport project in Greece. GMR Airports and GEK Terna have bid for the development, operations and management of the new international airport of Heraklion at Crete Island. In a release, GMR Infrastructure said, "It is understood that this is the sole bid for this concession". Upon award, GMR Airports would be the airport operator for this project, it added.Sinha to meet CEOs of telcos on call drop issue on November 1
Sinha to meet CEOs of telcos on call drop issue on Nov 1
New Delhi: Telecom Minister Manoj Sinha will meet CEOs of telecom companies on November 1 to review call drop situation, an issue that has been troubling mobile phone users for a long time.
"The Minister will meet CEOs of companies on the call drop issue...We have held one meeting already and this (upcoming) meeting will be for stocktaking and (preparing) a roadmap for the future," Telecom
Secretary J S Deepak told reporters here.
Govt mulls easing sectoral restrictions to attract more FDI
New Delhi: The Government is considering easing sectoral restrictions in segments like retail trading for foreign players to facilitate greater FDI in the country. The commerce and industry ministry is expected to discuss the sector specific issues with the departments and ministries concerned, sources said.
Bajaj Auto Q2 net profit up 7.2% at Rs 1,200 cr
New Delhi: Bajaj Auto ltd on Friday reported 7.2 per cent increase in consolidated net profit at Rs 1,200.72 crore for the second quarter ended September 30. The company had posted a consolidated net profit of Rs 1,120.04 crore in the same quarter of last fiscal. Total income from operations during the quarter under review was marginally up at Rs 6,432.32 crore as against Rs 6,407.54 crore.