Popular Articles

No loss to centre, RIL if gas supplied at $2.34: RNRL to SC
Anil Ambani-led RNRL today contended before the Supreme Court that it has an "unqualified" right to get gas at $2.34 per unit for 17 years from RIL which will along with the Government not suffer any loss at this rate.

M&A and PE deal values halve in 2009
Weighed down by the slump in economic activity during the first half of the year, the value of private equity (PE) and mergers and acquisitions (M&As) deals dropped 48.96 per cent to $21.20 billion from $41.54 billion during 2008.

News of the day

Fixed-rate home loans are history
With interest rates close to bottoming out, Amit Pandey, a young executive with a multinational firm, is looking for a fixed-rate home loan. But he is unable to do so in a market flooded with combo offers.
Business Opportunities

Probe into YSR chopper crash to be over by Nov-end: Patel

Enquiry into the helicopter crash in which Andhra Pradesh Chief Minister Y S Rajashekhara Reddy was killed will be completed by this month end, Civil Aviation Minister Praful Patel informed the Lok Sabha today. - AAI raised Rs 380 cr this year; fares to remain unchanged - "In principle" approval for 12 greenfield airports: Patel - Aerospace SEZ inaugurated - First AI equity infusion by December, says Patel - Govt asks AI to save Rs 2,000 cr by March - Air India to get equity infusion: Patel "As per the preliminary findings it was due to bad weather and issues connected with weather. I cannot comment on it as enquiry is on. It is likely to be completed by the end of this month," Patel said during the Question Hour. The Central Bureau of Investigation (CBI) and the Directorate General of Civil Aviation are looking into the crash. Replying to a supplementary, Patel said the helicopter was well maintained and the pilots were very experienced. "But when you are flying Visual Flight Range (VFR) helicopter, pilots should have foreseen the weather." As far as flying operations are concerned, he said, strict monitoring by the DGCA as per the rules and regulations are in place and they are appropriate. On whether there was a proposal to have satellite phone in all helicopters to ensure better communication in difficult weather, Patel said, "This will be only an additional tool. All flying helicopters or planes are monitored by radars and other communication devices." He also informed the House that the feasibility of tracking of helicopters during flight is in preliminary stage of evaluation. To a question whether the government has looked into the reasons behind some recent helicopter accidents, Patel said "all accidents are investigated in accordance with the Aircraft Rules, 1937" and that "action will be taken on the recommendations emanating from the investigations to prevent future accidents". He also said the DGCA has notified important guidelines for VIPs flying and that these need to be adhered to.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):