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Sterlite Tech wins BSNL optic fibre contract
Power and telecom solutions vendor Sterlite Technologies Limited has won networking contracts worth Rs 54 crore from Bharat Sanchar Nigam Ltd (BSNL) to be executed in the current fiscal.

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Farmax Retail plans to raise Rs 500 cr
Farmax Retail (India) today said its board has approved to raise funds up to Rs 500 crore through various routes including issue of foreign currency convertible bonds (FCCBs) and global depository receipts (GDRs).

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Business hotels hoping to ring in good times
With the industry gradually emerging from recession, business hotels are hoping to ring in the good times with more travellers demanding "smart hotels" with prompt service and good communication systems sans the luxury frills.
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Test flights on green fuel by global airlines

With global aviation bodies like International Air Transport Association pressing for reduction of carbon emissions in the sector, some major airlines have carried out test flights using biofuel and alternative fuel, which are cleaner. - Air traffic stabilises but airline revenues "get worse": IATA - AI board meets tomorrow; may scrap PLI to mgmt - Expat pilots, hiring firms account for 10% of AI salary bill - Jet, Kingfisher hike fuel surcharge, SpiceJet mulls same - Jamshedpur topped per capita carbon emission in 2007-8 - Air Works gets EASA certification Though the civil aviation sector accounts for only two per cent of the global carbon emission, the industry has conducted sufficient research on the usage of alternative fuels, from the prospective of both environment and cost. Qatar Airways, Virgin Atlantic, Continental Airlines, Air New Zealand and Japan Airlines are some of the global carriers which have carried out experiments to fly their aircraft using a blend of alternative fuel and aviation turbine fuel. Qatar Airways CEO Albar Al Baker recently told PTI that his country was set to become the primary supplier of a new and cleaner jet fuel that powers an aircraft by a refined form of natural gas. The airline, he said, was also planning to use the Gas- to-Liquid (GTL) fuel in many of its planes over the next few years. GTL, a 50-50 blend of gas and conventional oil-based kerosene fuel, was successfully tested last month on a Airbus A 340-600 aircraft, which flew from London Gatwick to Doha using Rolls Royce Trent engines. "Qatar"s position as the GTL capital of the world has been enhanced with this achievement. GTL technology enables us to produce liquid fuels and other products from natural gas in our bid to achieve carbon-neutral growth," he said.


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