Age Correspondent

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AI issues appeal to employees

Talks were underway on Tuesday evening between the management and the employees. All union leaders are expected to be in New Delhi on Tuesday for talks with the management.

Mercury may rise to 46ºC today

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Scorching heat and high levels of humidity virtually sapped Delhiites of their energy on Tuesday. Though the maximum temperature did not surpass the highest in the season so far, it broke the record of last five years by 2.6 degrees Celsius.

US announces hike in visa application fee

The US has announced an increase in the fee for all categories of non-immigrant visas with effect from June 4. Applicants who purchased their receipts before June 4 will pay the balance between the old and new fees at the time of the interview.

GMR net profit plunges by 43%

GMR Infrastructure on Tuesday said that its net profit has declined 43.31 per cent to Rs 158.40 crore in the fiscal 2010 from Rs 279.45 crore in the same period a year ago.
Revenue, however, has gone up by 14 per cent at Rs 4,566.5 crore in FY10 from Rs 4,019.2 crore in FY09. The decline in net profit, according to the company, is mainly due to the absence of revenues from the decommissioned 235 MW barge mounted power plant during the year.

Govt plans to set up air safety council

The government is planning to set up a civil aviation safety advisory council in the wake of the devastating Mangalore crash of an Air-India Express aircraft. The proposal was mooted during a high-level meeting at the ministry presided over by civil aviation minister Praful Patel.

Gayatri Projects gets JV partner

Foreign investors seem to be warming up to India’s power sector again, after a long gap.
Hyderabad-based infrastructure firm Gayatri Projects on Tuesday signed an agreement with Singapore- based Sembcorp to set up a 1,320 mw thermal power plant in Krishnapatnam, Andhra Pradesh.

Action on 2 Dantewada cops unlikely

Chhattisgarh chief minister Raman Singh on Tuesday dropped hints that his government may ignore the Centre’s directive to take two IPS officers, posted in Dantewada, to task in connection with the April 6 massacre of 76 security personnel at Chintalnar by the Maoists.

Telcos withdrew petition

Bharti, Vodafone and Idea on Tuesday withdrew their petition before the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against the 2G recommendations of telecom regulator Trai.

Hectic lobbying for RS elections

Hectic lobbying has begun for the Rajya Sabha and the Legislative Council nominations in the Maharashtra Congress ahead of the elections next month.
While Pradesh Congress Committee (PCC) spokesman K.L. Gidwani on Tuesday virtually announced his candidature for the Rajya Saha seat claiming that he could get 20 to 30 votes from the non-Congress parties if the leadership decides to contest a third seat.

Wimax bid up, Centre likely to get Rs 90,000cr

The auction of the wireless broadband (BWA) is going strong. The second day of the auction, saw the value of a single pan-India BWA license jump by 82 per cent from the base price.
The bidding for BWA is going much more aggressively than 3G spectrum. There is still excess demand in 12 circles, with highest demand coming for the Delhi circle at 6. The price of a single p

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