Financial Daily from THE HINDU group of publications
Wednesday, November 05, 2003
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No decision yet on foreign airlines in domestic sector
THE Government is yet to take a final view on either allowing foreign airlines into the domestic sector or making changes in the Foreign Direct Investment ceilings in the sector, senior officials said here on Tuesday. "The Ministry of Civil ... More

Draft pact for Bangalore airports to be a model for other projects
THE Union Minister for Civil Aviation, Mr Rajiv Pratap Rudy, today said that the draft concession agreement, which has been finalised for the Bangalore International airport, is envisaged as a model for other greenfield airports. Addressing the ... More

Lufthansa plans daily service to Chennai
THE German airline, Lufthansa, plans to offer a daily flight between Chennai and Frankfurt from December 1 this year. A company statement here said that the airline, which at present operates six times a week on the sector, hopes to be able to ... More

INFORMATION TECHNOLOGY


BOW's vehicle tracking system comes to TN
BOW Network (P) Ltd, named after Bharat on Wheels, has launched a vehicle tracking system targeting Tamil Nadu's transport industry. The system, which was earlier launched in Karnataka, can track a vehicle anywhere in the country at the cost of a ... More

SHIPPING


Ministry keen to regulate private agencies in ports
However, the Shipping Ministry concedes that regulating these agencies will not be easy as there will be stiff opposition. The Ministry particularly refers to an order issued by the Tariff Authority for Major Ports suggesting rationalisation of term inal handling charges.. More

`Govt must develop small ports'
THE former Secretary, Ministry of Shipping, Mr Michael Pinto, has suggested that the Government can be asked to develop smaller, inexpensive ports, and has stressed the need to revive the existing small ports. Delivering the valedictory ... More

Shipping cos buy time to adopt tax regime
We need time to study the entire gamut of issues involved in the Act, including computing the extent of tax liability under the new regime before arriving at a decision, says a shipowner. More

RAILWAYS


Plan to raise goods trains speed limit
There is a need to reduce the speed differential between goods and passenger trains to improve load carrying efficiency of the freight trains. More
Ships in Ports
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