LOGISTICS
AIRLINES
UB group plans low-cost airline by year-end: Mallya
THE Kingfisher brand is to take to the skies shortly. The Chairman of the UB Group, Mr Vijay Mallya said on Friday that the group would be launching a low-cost airline to be branded `Kingfisher' by the year-end. "We plan to launch a low-cost ...
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SHIPPING
Iron ore handling by MMTC to rise 3 mt in Chennai annually
IRON ore handling by MMTC Ltd from Chennai region is likely to increase by about three million tonnes (mt) a year following the commissioning of a temporary iron ore handling at Ennore port, country's first corporatised port. Export of iron ...
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Mumbai port awarded ISPS certificate
WITH five more days to go before the International Ship and Port Facility Security (ISPS) code becomes mandatory, the Mumbai port has been declared ISPS code compliant by the Directorate General of Shipping. The port being located on the ...
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GE Shipping may buy third VLCC
WITH the tanker freight market firming up at a faster pace than the dry bulk market, Great Eastern Shipping is considering a proposal to acquire a third Very Large Crude Carrier (VLCC). The company, which brought the country's first VLCC last ...
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SUPPLY CHAIN MANAGEMENT
GDL ties up debt funding
GATEWAY Distriparks Ltd (GDL), a multi-location logistics service provider, has tied up debt funding from ICICI Bank and HDFC Bank to the tune of Rs 16.65 crore, which will be utilised for part funding of its Rs 22.04-crore capital expenditure ...
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RAILWAYS
Rlys to have fewer time-tables
THE Indian Railways wishes to have fewer time-tables than at present. Right now there are as many as 17 time-tables available - one each for 16 zonal railways and one for the Konkan Railway Corporation. The plan is to have only five. Several ...
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Moving in
An inside view of the underground Metro Rail tunnel between Kashmiri Gate and Delhi University which will be operational by the end of this year.
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