Articles Posted in the " Public Sector News " Category

  • No more special discount fares by domestic carriers, DGCA told

    The Air Passengers Association of India (APAI) has told regulator Directorate General of Civil Aviation (DGCA) not to permit the frequent special discount fare schemes being offered by domestic carriers, terming them as ‘non-existent’ in the first place. APAI president D. Sidhakara Reddy, in a written communication to the DGCA, has said: “We strongly believe […]

  • Mahanadi Coalfields eyeing 15 per cent output growth

    Mahanadi Coalfields Ltd (MCL), a unit of state-run Coal India Ltd, expects its output to rise 15 percent in the current fiscal ending in March 2015, Chairman A.K. Sahay has said. “We expect to produce 127 million tonnes of coal this year against last year’s 110.4 million tonnes. The extra coal will come from some […]

  • Japan’s Mizuho Bank approves a $250 mn loan for NTPC

    Japanese aid to boost Indian infrastructure has already started pouring. In a significant development, the Japanese Mizuho Bank has sanctioned a loan of $250 million to NTPC for funding expansion plans. An NTPC statement says that NTPC “had signed a syndicated term loan facility of $250 million arranged by Mizuho Bank Limited, Singapore Branch. The […]