The Hindu Business Line : Tuesday, December 09, 2003

`Give foreign airlines 49% stake' — Naresh Chandra panel moots opening up aviation sector
IN a major boost to the domestic civil aviation sector, the Naresh Chandra Committee has recommended that foreign airlines be allowed to pick up a 49 per cent equity stake in the domestic and international scheduled air transport services with ... More

Domestic airlines worried over panel decision on FDI
THE excitement and joy about the Naresh Chandra Committee report is also leading to some trepidation among the domestic industry players. Industry sources told Business Line that while the decision to abolish Inland Air Travel Tax and ... More

Open-sky policy added 1.2 lakh air seats: Rudy
THE Government's decision to follow an `open-sky' policy for a three-month period, starting December this year, has seen more than 1.2 lakh air seats being added, the Minister for Civil Aviation, Mr Rajiv Pratap Rudy, told the Lok Sabha on ... More

SHIPPING

Seafarer unions row over majority status — Ministry for settlement as per law
THE Union Law Ministry is of the opinion that the dispute between the National Union of Seafarers of India (NUSI) and the Forward Seamen Union of India (FSUI) on majority status should be settled as per law. The Law Ministry's advice on the ... More

Fire fighting tugs for Jeddah port — Cochin Shipyard starts fabrication
COCHIN Shipyard Ltd has commenced the fabrication of third and fourth tugs under its recent order for building nine tugs for the Port of Jeddah, Saudi Arabia. The contract for construction of nine fire fighting tugs for the Jeddah Port was ... More

Mangalore port handles record iron ore shipments
THE New Mangalore Port handled a record quantity of 22,102 tonnes of iron ore fines/lumps on December 7. A press release by the Traffic Manager of the New Mangalore Port Trust (NMPT), Mr Nownith Kumar, stated here on Monday that this was the ... More

RAILWAYS

Y.P. Gupta is new Addl GM of SE Rly
MR Y.P. Gupta has taken over as the Additional General Manager of South Eastern Railway (SER). Prior to this, he was the Chief Mechanical Engineer of East Coast Railway, Bhubaneswar. Besides being the Executive Director of Indian Railways' ... More

Ships in Ports

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