LOGISTICS
AIRLINES
Cabinet to consider allowing private airlines to fly abroad
THE proposal for allowing private sector scheduled airlines to operate in the international skies is likely to be considered by the Union Cabinet on February 4. In an informal chat with newspersons, the Minister for Civil Aviation, Mr Rajiv ...
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INFRASTRUCTURE
India mulls LNG terminal to bring Myanmar gas
THE Union Government is considering the possibility of setting up an LNG terminal on the East Coast to transport gas from Myanmar to India. "We are examining the possibility of building an LNG terminal to bring in gas from Myanmar, depending on ...
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SHIPPING
Shipping cos make most of freight market boom
THE going has never been so good for Indian shipping companies, as they are making the most out of the unprecedented boom in the freight market. Reporting handsome margins in the just ended quarter, shipping companies are gearing up to make ...
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Kolkata Port Trust cuts charges on pilotage, wharfage
THE Kolkata Port Trust has rationalised various charges such as pilotage, reefer electricity charge and wharfage on containers loading various commodities for exports in its bid to boost traffic, particularly at the Kolkata Dock System ...
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New water kid
INS Karmuk, the last missile corvette of the successful indigenous Project 25A, conceived and designed by the Indian Navy and built by Garden Reach Shipbuilders and Engineers Ltd, all set for its commissioning on Wednesday in Kolkata. The ship is ...
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RAILWAYS
Indian Railways: Paying the price for populism
While everyone talks about the need for autonomy and accountability in the functioning of the Railways, decisions on tariff structure, new projects and services are taken by the political leadership, rarely keeping in view the real costs and the rev enues generated. Pandering to political exigencies has crippled the finances of the Railways over time, says Paranjoy Guha Thakurta.
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Konkan Rly to seek VC funding for Sky Bus project
KONKAN Railway is seeking to raise venture capital funding for its Sky Bus project. The Konkan Railway Managing Director, Dr B. Rajaram, is scheduled to make a presentation in Bangalore on Wednesday to a delegation of 20 venture capitalists from ...
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