The Hindu Business Line : Tuesday, December 30, 2003

PIA `Jumbo' to fly into Delhi on New Year day
A PAKISTAN International Airlines (PIA) `Jumbo' is scheduled to touch down at Delhi's Indira Gandhi International airport on January 1 at 4 p.m. heralding the reopening of direct air links between India and Pakistan. "The January 1 flight from ... More

Kuwait Air to operate bigger aircraft from two Indian cities
KUWAIT Airways (KA) plans to commission its larger aircraft on some of the scheduled flights operating from Chennai and Thiruvananthapuram to Kuwait during January 2004 to meet the growing passenger demand. Official sources told Business ... More

CIAL to declare dividends from next year: Antony
COCHIN International Airport Ltd (CIAL), the first in the private sector in the country, at nearby Nedumbassery, which has made a net profit of Rs 11 crore as on September 30 last is to declare dividends from next fiscal. The Chief Minister, Mr ... More

SHIPPING

Box terminals at major ports in pvt sector — Govt alters policy to adopt mix of revenue share-MGT models
"The new model will have the benefit of maximising revenue to the port trusts. The Government's risk will be less irrespective of traffic in this model. The private operator will have to pay the annual revenue share quoted by him in the bid to the po rt trust, whether he transacts business or not," a Ministry official said. More

5 shortlisted for Mumbai offshore box terminal
THE Mumbai Port Trust has short-listed P&O Ports, Evergreen Marine Corp, CSX World Terminals Ltd, Dubai Ports Authority and Larsen & Toubro for building a Rs 1,000-crore off-shore container terminal having a capacity to handle 0.8 million ... More

RAILWAYS

Railways appoints five new General Managers
THE Railway Board Secretary, Mr R.R. Bhandari, has been appointed General Manager of South-Eastern Railway based at Kolkata, replacing Mr V.N. Garg, who has retired. The Additional Member (Works), Railway Board, Mr S.R. Chowdhuri, will be the ... More

TN high priority for fund allocation, says Nitish
Chingleput-Tambaram broad gauge line dedicated to nation
THE Railway Minister, Mr Nitish Kumar, on Monday dedicated to the nation the newly converted Chingleput-Tambaram broad gauge railway line — the second line in the corridor. He also announced that the Chennai MRTS (mass rapid transit system) ... More

$350-million ADB loan for railway projects
THE Asian Development Bank has provided $350 million loan assistance to the Railway Ministry to carry out various projects in the country, Mr Nitish Kumar, Railway Minister, said while participating at a function here today. Meanwhile, the ... More

Ships in Ports

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