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Self-made water woes
Business Standard / New Delhi December 30, 2009, 0:57 IST http://smallpersonalloans.org.uk

Gammon Infra hikes stake in Vizag Seaport
Gammon Infrastructure Projects has acquired 22.8 million shares of Vizag Seaport (VSPL) increasing its stake in the firm to 73.76 per cent and made it a subsidiary of the company.

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It's raining deals for Birla Minacs
If last year was bad for Aditya Birla Minacs, as it was for most companies hit by the global recession, this one is very different.
Small Business

Railways earnings jump by 9%

Continuing with the growth trajectory, Indian Railways have registered an increase of about 9 per cent in its revenue earnings. - L&T Infotech bags Railways" two projects - Rlys" land acquisition rules will be altered: Mamata - Burn Standard"s units may soon get govt nod for sale - Real estate slowdown hits rly land development plan - Infosys set to get K"taka contract on T&D losses - Going off track Railways have earned Rs 62,975.58 crore during April to December 2009 as compared to Rs 57,901.88 crore for the same period last year, registering an increase of 8.76 per cent. The total goods earnings have gone up from Rs 39,087.98 crore during April-December 2008 to Rs 42,488.97 crore during the same period in 2009, which is an increase of 8.7 per cent. The total passenger earnings during first nine months of the financial year 2009-10 were Rs 17,497.18 crore as against Rs 16,242.45 crore during the same period last year, registering an increase of 7.73 per cent. Revenue earnings from other departments amounted to Rs 1,703.45 crore during April-December 2009 compared to Rs 1,475.33 crore during the same period last year, an increase of 15.46 per cent. Overall, the total revenue earning increase was about 9 per cent. The total approximate numbers of passengers booked during April-December 2009 were 5,569.15 million as compared to 5,320.04 million during the same period last year, showing an increase of 4.68 per cent. In the suburban and non-suburban sectors, the numbers of passengers booked during April-December 2009 were 2,874.20 million and 2,694.95 million as compared to 2,837.21 million and 2,482.83 million during the same period last year, an increase of 1.30 per cent and 8.54 per cent, respectively.


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