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Popular Articles

Second-largest terminal after Beijing set to wow the world
The state-of-the-art integrated terminal, called T3, of Indira Gandhi International Airport (IGIA) in New Delhi is poised to be the world’s second-largest, after Beijing in China, in terms of size. Once T3 starts operations before the 2010 Commonwealth Games in October, IGIA will become the world’s sixth-largest in terms of capacity. T3 would increase the capacity of IGIA to 60 million passengers annually, from 23 million after it starts commercial operation in July next year. The airport is expected to increase capacity to 100 million passengers by 2030 depending on traffic growth.

US can challenge India if it fail to meet climate goals
Even though the Copenhagen accord is not legally binding, the United States would not only "review" its implementation by India and China, but also would "challenge" them if they do not meet the goals set by the agreement, the White House said.

News of the day

Aurobindo back in black with Rs 103 cr profit
Aurobindo Pharma, Hyderabad-based manufacturer of generic and active pharmaceutical ingredients reported a net profit of Rs 103.2 crore for the quarter ended September 30, 2009, as against a net loss of Rs 38.4 crore during the corresponding period last year. Revenues were up 24.42 per cent to Rs 882.64 crore as compared with Rs 709.4 crore last year.
International Business

NDTV to buy back 26% in subsidiary from NBC

Media firm New Delhi Television (NDTV) today said it will buy back NBC Universal"s entire 26 per cent stake in its subsidiary NDTV Networks Plc. - HC allows NDTV Imagine to beam "Pati Patni Aur Woh" - GE mulls to sell 51% in NBC Universal: report - GE Q2 profit falls on finance - NDTV set to demerge its news and entertainment business - Nandita Da Cunha: Survival strategy for media firms">Nandita Da Cunha: Survival strategy for media firms In a filing to the Bombay Stock Exchange NDTV said the company, through its subsidiary, has agreed to buy back NBC Universal"s 26 per cent stake in its subsidiary NDTV Networks Plc with an aim to consolidate its position. NDTV Networks Plc is the holding company of the non-news business of the broadcaster. However, the company has not disclosed the financial details of the transaction. In May last year, NBC Universal had entered into a strategic partnership with NDTV for an indirect 26 per cent stake in NDTV Networks Plc. Shares of NDTV were trading at Rs 161.55 on the BSE, up 2.57 per cent from previous close.


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