LOGISTICS
AIRLINES
Sahara links Coimbatore
AIR travellers from Coimbatore now have an additional option with Air Sahara announcing daily services linking this industrial hub with three metros with effect from February 4. The airline has announced flights from Delhi, Mumbai and ...
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INSIGHT
Interim Rail Budget — A shunting job by Nitish
The Railway Minister, Mr Nitish Kumar, has neither taxed passengers nor offered them goodies, except a set of new trains, in his Interim Rail Budget, but it is far from an effort that will transform the milch cow into a `race-horse' of which its one billion owners will be proud, says R. C. Acharya.
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No gravy train
Unless the Railways is freed from political interference and run on purely commercial considerations, the future of the country's largest transport system is in jeopardy.
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SHIPPING
Gantry cranes for Haldia dock — McNally Bharat emerges the lowest bidder?
McNALLY Bharat, which has tied up with Konecranes of Finland, is understood to have emerged as the lowest bidder for supplying two ship-to-shore gantry cranes for Haldia dock under Kolkata Port Trust. The other bidders were Hyundai and Doosan, ...
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Century Text gets shareholders' nod for sale of ships
CENTURY Textiles & Industries Ltd has informed the Bombay Stock Exchange that shareholders' approval was obtained through postal ballot regarding the board of directors' decision on the proposed sale of the company's remaining two ships —
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Ministry, Navy nod for CSL privatisation
THE Defence Ministry and the Indian Navy have given their consent for the proposed privatisation of Cochin Shipyard Ltd (CSL), the Disinvestment Minister, Mr Arun Shourie, told the Lok Sabha on Friday. Replying to a debate on a private member ...
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RAILWAY BUDGET
Nitish promises smoother train rides — New initiatives under way; fares, freight left unchanged
THE Railways has focussed itself on providing hassle-free services to passengers even as it is set to end 2003-04 with a revenue shortfall of Rs 890 crore. The Interim Budget presented by the Union Railways Minister, Mr Nitish Kumar, on Friday ...
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Buy train tickets through your mobile phone
TO GET past those long queues at railway reservation counters, now all you need is a mobile phone. Passengers can book their tickets by logging onto www.irctc.co.in Web site from a GPRS or WAP-enabled cell ...
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Rlys dependence on Exchequer on the rise
CONTRARY to the stated objective of making the Railways a self-financing, commercial undertaking, the ground reality points at a steadily falling share of internal resources and increased dependence on the Exchequer in funding its Plan ...
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Steel shines for Rlys even as overall goods earnings fall short
THE Railways' overall earnings from transport of goods has suffered a shortfall of Rs 700 crore during the current financial year, notwithstanding a better-than-expected revenue realisation from the steel sector. For 2003-04, the Railways had ...
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`Tariffs could have been rationalised'
CORPORATE India has reacted with optimism to the Railway Budget announced on Friday, but at the same time stated that the measures undertaken in the Budget could have done more to improve the financial condition of the Railways. According to ...
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ICCI hails Railway Budget
SUPPLY CHAIN MANAGEMENT
DoP unveils nationwide e-post service
THE Department of Posts (DoP) has introduced nationwide e-post service with a view to bridging the digital divide and bringing the benefit of the Internet technology to the people living in the rural and other remote areas. Launching this ...
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RAILWAYS
Coal companies hit by wagon shortage: Mamata
THE Union Minister of Coal & Mines, Ms Mamata Banerjee, here today said that shortage of wagons was posing problems for the state-owned coal companies to despatch coal to long distance bulk coal consuming industries. For the current ...
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