Safer skies in India: airport launches new air-traffic controls

Article Abstract:

India no longer faces any threat from the dense winter fog that has disrupted air travel to and from New Delhi since mid-Dec 1998, with the inauguration of a new, state-of-the-art air traffic control system. The new air traffic controls promise to eliminate bureaucratic problems as they replace antiquated equipment that already poses danger to air safety. The system, which is part of a $90 million contract won by Raytheon Co, is expected to eventually allow airplanes to take off and land even in zero visibility as well as to prevent near-misses.

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing, Product introduction, Airports, flying fields, & services, Search and navigation equipment, Airport Operations, Air Traffic Control Equip, Air Transport Facilities, Innovations, Transportation, Air traffic control, Air traffic control equipment, Aviation facilities, New Delhi, India, Radar air traffic control systems

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Enron gets plant financing; company secures $1.9 billion for power project

Article Abstract:

Enron Corp gets a total of $1.9 billion to finance the second phase of its $3.1 billion power plant construction project in India. The package consists of $1.4 billion in foreign loans, $333 million in local bank loans and $452 million in equity loans. The financing has been expected as the first phase of the Dabhol power plant's commercial operation was launched in May 1999, which is two months ahead of schedule.

Receipt of funds, Electric Power Generating, Electric Power Generation, Electric utilities, Enron Corp., Electric power-plants, Electric power plants

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MasterCard targets India

Article Abstract:

MasterCard International is expecting that its newest credit card in India will drive growth in the country's electronic sales terminals. The firm is expecting that its card will lead to a 20-fold growth over the next few years.

Nonbank Credit Card Firms, Credit Card Issuing, Services information, Personal credit institutions, Services, Nonbank credit card services, MasterCard International Inc., Credit and debit card industry, Credit card industry

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