LOGISTICS
AIRLINES
Travel agents not ready to reduce commission
THE Travel Agents Association of India (TAAI) has reiterated its decision not to "accept" the airlines' demand to reduce the agency commission from 7 per cent to 5 per cent. A few weeks ago, some of the European carriers reduced the travel ...
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Singapore-Ahmedabad flights from July 28
THE long-awaited clearance for commencing the Singapore-Ahmedabad flight has come through with Singapore Airlines (SIA) on Wednesday announcing that the thrice-weekly, four-and-a-half hour flights would commence on July 28. With the necessary ...
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BPCL looks for partners in airport privatisation
BHARAT Petroleum Corporation Ltd, one of the latest entrants to the Fortune 500 list, is looking for partners to participate in the privatisation of Mumbai and Delhi airports. The oil company hopes to join one of the domestic and overseas ...
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Govt mulls options to ease tax burden on lease of aircraft
THE chief executives of domestic airlines can sleep in peace once again. The Government is said to be considering options to ensure that the financial burden, which the airlines would have to face from September 1, on account of the proposed tax ...
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Computer glitch at Chennai air cargo terminal
A COMPUTER glitch in the Chennai air cargo complex from Monday has caused a backlog of cargo to be cleared. The work is now being done manually. No demurrage will be charged on cargo held up at the cargo terminal, according to Mr R.J. ...
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INSIGHT
Rail Budget: Difficult decisions sidelined
THE National Council of Applied Economic Research had constituted an Expert Group on the Indian Railways in 2001. The report says that the Railways faces difficulties in raising funds from all the three major sources. ...
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SHIPPING
Shipping Ministry for extending tonnage tax option to dredgers
WHILE the Shipping Ministry is happy that the Union Budget had accommodated its plea for introduction of tonnage tax, it is "shocked" that dredgers have been left out of the scheme. The Ministry is understandably unhappy over this move, as it ...
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Chennai box feeder operators increase congestion surcharge
CONTAINER feeder operators have increased the congestion surcharge to $50 a twenty-foot equivalent unit (TEU) from $15 a TEU for operations at the Chennai container terminal. The hike is to recover the increased operating cost and will take ...
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Kolkata port to hold talks with Goa, Maharashtra barge owners
ABOUT a dozen barge owners of Goa and Maharashtra, including big names such as Dempo, Sesa Goa and Salgaocars, will hold discussions with the Kolkata Port Trust authorities towards the month-end to explore the possibility of making their vessels ...
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RAILWAYS
Lalu orders fresh probe into Godhra incident
THE Railway Minister, Mr Lalu Prasad, on Wednesday ordered a fresh probe into the Godhra incident, in which 59 people were burnt alive when a fire devastated a coach of Sabarmati Express in Gujarat. Winding up a discussion on the Railway ...
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