LOGISTICS
AIRLINES
Ministry to charge Rs 500 per passenger to fund greenfield airports
IN a move that could provide a fillip to the development of greenfield airports, the Government plans to shortly notify the creation of a separate fund into which the Advance Development Fee (ADF) for the development of such airports is to ...
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Drop in fares boosts Air Deccan's profits
THE decision of low-cost airline Air Deccan to slash fares at a time when other airlines raised them, seems to be paying rich dividends. Its Managing Director, Captain G.R. Gopinath, told Business Line that the trunk route operations ...
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Rs 5,000-10,000 cr needed for airports' revamp
THE Government has estimated that Rs 5,000-10,000 crore would be required for the development and modernisation of each of the two metro airports in Delhi and Mumbai, said Mr Ajay Prasad, Secretary (Civil Aviation), on Thursday. Presenting a ...
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Qatar Air office at Thiruvalla
THIRUVANANTHAPURAM: The Doha-based Qatar Airways has announced the opening of a new office at Thiruvalla. This office will supplement the efforts of the airline's existing offices in Thiruvananthapuram, Kochi and Kozhikode, said a company ...
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INFRASTRUCTURE
Petronet board clears Kochi LNG project — Work to begin next month
PETRONET LNG Ltd will start the preparatory work next month for setting up its LNG terminal here, which has been pending for about five years, following final approval of the project by its board of directors on Friday. Speaking to Business ...
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SHIPPING
To attract more tonnage — Govt to flag off `open register'
Open registers are generally resorted to by countries which do not have a large national fleet of their own.
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Unexplained charges thrust on eastern exporters
EXPORTERS in the eastern region, already hit by mounting transaction costs and other problems, have for long been suffering because of the largely unexplained port-related charges such as terminal handing charges, ...
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INTERVIEW
`Freight market boom will last till 2007-08' — Mr Sanjay Mehta, CEO and MD, Essar Shipping
It is Champagne time for shipping industry. With strong sentiments sweeping the freight market, all Indian lines have reported handsome after tax profit in the just ended quarter. Captains of the industry predict the boom to last at least for ...
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RAILWAYS
Rlys to hike `Tatkal' charges
THE Ministry of Railways has decided to increase the charges for seeking reservation through the `Tatkal Scheme' and extend the scheme to all mail and express trains from November 15 this year. The revised Tatkal charges have been divided into ...
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ROADWAYS
Infam plea on road network
KOCHI: The Indian Farmers Movement (Infam) has called upon the government to strengthen the existing road network for a better traffic worthiness instead of going ahead with the Express Highway project. The proposed Express Highway ...
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