By this October-end, work order for building Kannur airport, the fourth international airport of Kerala, will be awarded to the winning bidder. The process of awarding the first engineering, procurement and construction (EPC) contract for the airport has entered the last phase, say media reports.
Housing prices have risen in 18 major cities, including Delhi and Mumbai, by up to 9.6 per cent during the October-December period 2012 compared with the previous quarter, according to National Housing Bank (NHB). Mumbai and Delhi witnessed the maximum increase in housing prices at 9.6 per cent each.
As part of an exercise to introduce a fuel adjustment component (FAC) in passenger segment, the Indian Railways would revise passenger fares in October. According to the FAC policy, the freight and passenger rates would be revised twice a year, keeping in mind the proportionate movement in diesel and electricity prices.
During the October-December quarter, JK Cement on February 4 posted a rise of about 25 per cent in net profit at Rs 54.38 crore on improved sales. The Kanpur-based cement maker had clocked Rs 43.52 crore net profit in the corresponding quarter last fiscal, it said in a filing to Bombay Stock Exchange (BSE).
Make no mistake; Gujarat is in the grip of an irresistible momentum, constantly buzzing with activity. From real estate and automobiles to infrastructure activities galore, the state promises to be a viable option for investors and developers in the country and abroad.