On December 26, BIAL announced a proposal to impose a Rs 275 pick-up charge for corporate taxis, but withdrew the statement minutes later. Despite the backlash over the new pick-up rules, the airport operator quietly rolled out the charge from December 28.
Starting December 26, BIAL said in a statement that the free parking time at T1 arrivals has been increased to 15 minutes
Bengaluru International Airport Limited (BIAL) MD and CEO Hari Marar said the airport has spent the past two years explaining the rule to all stakeholders and now has widespread support from both passengers and legal cab operators
Speaking to CNBC-TV18 Pranoy Kurian, IDBI Capital Markets, said that the topline is a positive surprise. If revenues declined only 1 percent it means there is positive movement in realisation.
Shantanu Dasgupta, vice president-corporate affairs and strategy-Asia South, Whirlpool, says the demand hasn‘t been as good as the kind seen in 2010, but in comparison to 2012 levels, there has been a slight pickup.
JP Chalasani, MD & Group CEO, Punj Lloyd says the project, for a subsidiary of Petronas, should be completed over the next 2.5- 3 years and takes the company‘s order book to a total of Rs 9940 crore.
Wipro's growth has lagged peers for two years now, but now things may set for a turnaround. It gave a 2-4 percent sequential US Dollar revenue growth guidance for Q2 and has said that there is pickup in large deal closures and confidence among clients is higher.
Mahindra Forgings expects a pickup in demand, especially from truck manufacturers in Europe, will boost its earnings growth this fiscal.