LOGISTICS
AIRLINES
Jagson Airlines to offer lower than market fares in North sector
THE era of low-cost airfares on some sectors in north India is all set to dawn here soon. Jagson Airlines Ltd. is poised to offer airfares lower than what is charged by the market on at least four routes from Delhi. The airline, which is to ...
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AAI posts Rs 282-cr PAT in 2002-03
THE Airports Authority of India (AAI) has reported a profit after tax of Rs 282.05 crore during 2002-03, up from Rs 266.98 crore recorded during the previous year. AAI's annual report for 2002-03, which was presented to Parliament during the ...
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SHIPPING
Divestment panel wants Ennore Port privatisation put on hold Moots IPO for Electronics Corporation
THE Disinvestment Commission has said that the time was not ripe for privatisation of Ennore Port Ltd (EPL), the first corporate major port in the country, and asked the Government to wait for at least three years till the port attained a ...
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New security code for ships, ports to be ready by May
THE domestic shipping industry and the port sector are implementing the new International Ship and Port Security (ISPS) code at a brisk pace. Going by the present rate of implementation of the code it seems that the industry is likely to wrap ...
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Mumbai port's surplus funds mooted to develop Vallarpadam project
After two attempts to involve private participation failed to elicit desirable response, the best course now is to allow Port Trusts having surplus funds to invest in viable projects of other ports.
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Govt stipulates new terms for Kochi container terminal
IN its fresh attempt to build an international container transhipment terminal (ICTT) at Cochin Port with private investments, the Government says that the Rs 2,000-crore project will be both "volume and time-driven". The successful private ...
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NPCIL's captive jetty at Koodankulam to be commissioned soon
NUCLEAR Power Corporation of India Ltd's captive jetty at Koodankulam in Tamil Nadu, about 180 km from Tuticorin, is to be commissioned shortly, probably next week. Built at a cost of about Rs 5 crore, the jetty is to handle imported equipment ...
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EVENTS
Kolkata to host ACLM national convention
THE fourth national convention of Asian Council of Logistics Management (ACLM) will be held here on January 16 and 17. Mr P.M. U. Menon, President of ACLM, and also the CEO of Lee & Muirhead, told Business Line on Monday that the theme ...
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RAILWAYS
Antony seeks special railway zone for Kerala
KERALA has sought creation of a special railway zone for the State and wants an announcement to this effect to be made in the Railway Budget for 2004-05. In a letter to the Union Railway Minister, Mr Nitish Kumar, the Chief Minister, Mr A.K. ...
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ROADWAYS
Court stays work on Vizag-Bheemli road project
THE Visakhapatnam Urban Development Authority has stopped work on widening (four-laning) the Visakhapatnam-Bheemunipatnam beach road, following a stay order issued by the division bench of the Andhra Pradesh High Court. In response to a public ...
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Kerala: Transport strike total
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