LOGISTICS
AIRLINES
Myanmar Airways to start Yangon-Delhi flight from March 15
MYANMAR Airways International will start a thrice-a-week direct flight between Delhi and Yangon from March 15. Announcing this at a press conference here on Thursday, the MAI Managing Director, Mr Gerard de Vaz, said that the new flight would ...
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Emirates launches eurobond issue
EMIRATES airline on Wednesday announced that the debut eurobond issue for the airline is being launched at $500 million. The issue will be a floating rate note with a tenure of seven years and will pay a margin of 0.80 per cent over six ...
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Jet Air extends excursion fares to 2 more sectors
JET Airways has announced special return excursion fares for Kolkata-Agartala-Kolkata and Mumbai-Nagpur-Mumbai sectors in economy class. In a statement here, Jet said that the return excursion ticket on the Kolkata-Agartala-Kolkata sector would ...
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SHIPPING
Maersk-Concor set to bag JNPT deal — Quotes highest revenue share for new box terminal
THE Maersk-Concor team is set to win the deal for developing and operating a new container terminal at Jawaharlal Nehru Port (JN Port) by quoting the highest revenue share of 35.503 per cent when the price bids were opened on Thursday. In the ...
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Varun Shipping plans rights, global offering
VARUN Shipping Ltd, owners of the country's largest LPG fleet, has plans to come out with a rights issue as well as an international public offering to part finance its $60 million (around Rs 271 crore) capital expenditure programme. According ...
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No takers for Mumbai box terminal project
THERE seems to be no takers for a box terminal project proposed by the Mumbai port. Even though P&O Ports and Marubeni-Evergreen had submitted technical bids for the Mumbai port terminal, they chose not to submit financial bids last week, as ...
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ROADWAYS
Cycle patrol
The bicycle squad of the Kolkata Police patrolling at the Maidan area in Kolkata on Thursday. Patrolling on bicycles is the latest effort by the city's police department. Taking a leaf out of TV shows portraying bicycle-riding community policemen ...
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