Archive for January 29th, 2008
Copters to fly shuttle to airport
Tuesday, January 29th, 2008A helicopter shuttle service will allow passengers taking flights from the new international airport at Shamshabad to do away with the hassle of a 30-km trip to the terminal by road. Deccan (formerly Air Deccan) will introduce the “heli-shuttle” service between the airport and a central location in the city once the new airport is […]
City buses to switch over to CNG soon
Tuesday, January 29th, 2008Nearly 50 per cent of the APSRTC fleet in the twin cities will switch over to CNG fuel in the next three months.
APSRTC managing director & vice-chairman V Dinesh Reddy announced this while congratulating RTC employees who got the award from HPCL for fuel efficiency at a function organised here.
Novartis to up Hyd headcount
Tuesday, January 29th, 2008Swiss-based multinational pharmaceutical company, Novartis, is planning to ramp up the manpower at its Hyderabad centre to 1,000 people from the present 300 in the next 18 months even as it has withheld R&D plans owing to its reservations about the Indian patent law.
As safe as houses? Dutch history suggests not
Tuesday, January 29th, 2008The house sugar merchant Cornelis Sasbout built in 1617 at number 150 on Amsterdam’s Herengracht canal tells a cautionary tale about investing in property — prices fluctuate wildly, but are ultimately flat.
From boom to bust, the plot Sasbout bought for 4,600 guilders (2,100 euros) and which today might sell for several million euros on the […]
US recession will dwarf dotcom crash
Tuesday, January 29th, 2008The recession facing the United States is of a scale that dwarfs the dotcom slump. The slowdown will cause a damaging regulation backlash as governments attempt to compensate for the financial pain facing families. Britain faces a similar plight, though it may avoid as deep a slowdown as the US.
Home prices begin to pinch less on high loan rates
Tuesday, January 29th, 2008The housing market in India is witnessing a fall in sales and prices. This is on the back of exorbitant prices and higher interest rates that have cut into demand in the past several months, industry experts said.