The Hindu Business Line : Monday, January 26, 2004

AIRLINES
IA slashes Gulf fares
KOCHI: Indian Airlines has slashed fares for its flights between Cochin/Sharjah, Cochin/Muscat and Cochin/Kuwait sectors from February 1 to March 31, 2004. One-way fare has been slashed from Rs 10,500 to Rs 7,500 to Sharjah, from Rs ... More

Demand for budget airlines
THIRUVANANTHAPURAM: The Minister for Information and Non-Resident Keralite Affairs, Mr M.M. Hassan, has demanded that the Air India take urgent steps to establish budget airline services in the Middle East sector. A spokesman said here ... More

INSIGHT
Alumina: Logistic constraints and forward selling
A SPOT price of around $400 a tonne of alumina, the intermediate chemical used in aluminium smelters, will give the impression that the refineries turning bauxite into the chemical are reaping huge profits. That would ... More

SHIPPING
SCI gets Govt nod for fleet expansion
EVEN as its disinvestment programme hangs in balance, Shipping Corporation of India (SCI) has got the Central go ahead to implement its capital expenditure proposal for fleet expansion. The Government had frozen SCI's fleet expansion ... More

Container transhipment terminal — `Vizhinjam has edge, fits the bill better'
THE debate over which site, Vizhinjam or Vallarpadam, is better suited for development into an international container transhipment terminal, appears to be heading nowhere with the proponents of the respective projects ... More

Right time to put in place tonnage tax structure
INDIAN ship owners may not be ardent supporters of the BJP-led ruling National Democratic Alliance (NDA) at the Centre. But they want the NDA back in power. Their stakes are high. Over the past three-four years ship ... More

New Dredging Policy: Competitive thrust
While domestic dredgers do worry about foreign companies resorting to `dumping rates' to win deals, they also believe a competitive scenario would optimise costs for major ports. More

Ports

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