LOGISTICS
AIRLINES
Singapore Airlines adds two day flights on Mumbai route
SINGAPORE Airlines (SIA) has added two day flights on the Mumbai-Singapore-Mumbai sector with effect from March 28. This is in addition to the thrice-weekly day flights that were launched in October last year. These flights will be operated on ...
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Reduce fare in Madurai-Chennai route, IA urged
THE Tamil Nadu Chamber of Commerce and Industry has urged the Indian Airlines to reduce the fares in the Madurai-Chennai sector. In a statement here, the chamber, while welcoming the significant reductions in the fares for certain flights ...
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INFRASTRUCTURE
IL&FS ties up funding for road project in Thiruvananthapuram
IL&FS has announced that it had tied up funding for the Thiruvananthapuram Road Development Company (TRDC) that had been set up to develop the Thiruvananthapuram Capital Region. An IL&FS press release said the project cost is expected to be R
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Petronet no to LNG terminal unless market is assured
THOUGH GAIL (India) Ltd and the prospective buyers in Kerala argue that customers would come after the setting up of the proposed LNG terminal here, Petronet LNG Ltd (PLL) seems to be sticking to its stand for an assured market as it does not ...
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SHIPPING
New revenue share format for Kochi terminal
THE calculation of annual operating gross revenues for arriving at the revenue share to be paid by Dubai Ports International (the highest bidder) to Cochin Port Trust for running an international container transhipment terminal (ICTT) will be ...
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Contracts to foreign majors — Indian dredgers stress need for proper pricing mechanism
INDIAN Dredger Owners Association (IDOA), a newly-constituted body of eight Indian dredging firms, mostly small, has urged the Director-General of Shipping "to do everything within its powers" to prevent virtual marginalisation of Indian dredging ...
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SOFTWARE
IBS develops passenger service system
THE World Wide Web should not pose a threat to the travel industry so long as the latter is willing to reinvent its role and add value to both airlines and customers. Close on the heels of finalising a global marketing initiative for the ...
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GENERAL INSURANCE
Air India insurance premium maintains southward trend
FOR the second year in a row, the state-owned international carrier, Air India (AI), has seen a southward movement in the insurance premium it has to pay to cover its fleet of 33 aircraft. Sources told Business Line that while there has ...
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