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Popular Articles

Airlines dole out attractive schemes to woo biz travellers
Faced with a major downslide in business traffic, airlines are now adopting innovative schemes to attract high-end and corporate travellers to fill in the seats on the front rows.

Nokia profit soars 65% to euro 948 mn; sales slump
Finnish handset maker Nokia Corp today reported a 65 per cent jump in net profit at euro 948 million for the period ending December 31, 2009, despite a slump in sales figures.

News of the day

V V: Berlin Wall, 1989 and after
All successful publishers and authors have an impeccable sense of timing and generate literature with an eye upon the calendar. So it isn’t surprising that we have a flood of books on the fall of the Berlin Wall that started the process of disintegration of the Soviet Union and the collapse of communism in Europe. But what we have is an embarrassment of riches which try to unravel why such an all-embracing system that Alexander Solzhenitsyn described as “all pervasive, paranoid, oppressive, incompetent, lethal” in the latest edition of The First Circle (Harper, $18), came to an unexpected end. Almost everyone had expected that it would have to be killed; instead it collapsed, as if a house had fallen in on itself. What happened?
Corporate

Rs 19k-cr highway projects to be awarded soon

The Road Transport and Highways Ministry is set to award 58 projects worth Rs 19,000 crore for building over 7,000 km roads in various states. - Highways projects worth Rs 19,000 cr to be awarded soon - Centre urged to improve road connectivity to Mangalore - India likely to attract $10 bn FDI for roads in two years - No fears of food crisis: Nath - Govt stiffens terms for large road projects - Rs 2 lakh cr road projects to be awarded Most of the projects relate to converting existing roads into two-lanes. “Ministry of Road Transport and Highways will award these projects either by itself or through the respective state governments over a period of one year,” the ministry said. The ministry has also decided to prequalify the applicants for a period of one year and establish their score and net worth in order to streamline and simplify the process of qualification of applicants for individual projects. Earlier, Road Transport and Highways Minister Kamal Nath had said that road projects worth Rs 2 lakh crore would be awarded in the next two years. “Road projects worth Rs 1,00,000 crore would be awarded this year and Rs 1,00,000 crore next year,” Nath had said last month.


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