The Hindu Business Line : Thursday, November 11, 2004

AIRLINES
UB offloads Bayer stake to fund Kingfisher Air
THE UB Group has offloaded its minority shareholding in Bayer India Ltd for nearly Rs 33 crore, a top company official said. The funds raised through this disinvestment will be pumped into the group's proposed low-cost airline, Kingfisher Air. ... More

Emirates to launch second daily flight to Birmingham
EMIRATES airline will launch a second daily service to and from Birmingham from next summer. The second daily flight will begin operating on June 1, 2005, and will be served by a new 285-seat Airbus A330-200 ... More

SHIPPING
Chennai Port irked by Ennore's plan for clean cargo berths
THE Chennai Port Trust is irked by plans of the fledgling Ennore Port Ltd to build clean cargo berths and has sought the Government's intervention in this regard. Fearing loss of business once the newly built Ennore Port develops clean cargo ... More

New Mangalore Port to step up cargo handling
THE New Mangalore Port, which handled 26.67 million tonnes of cargo during 2003-04, is planning to handle 40 mt by 2021-22. To achieve this, the port has planned several projects, including the construction of a multipurpose deep-draft berth ... More

Cochin Shipyard lays keel for Denmark group's bulk carrier
COCHIN Shipyard Ltd on Wednesday laid the keel for the first bulk carrier to be built for the Clipper Group of Denmark, as well as for the construction of the fifth and sixth fire-fighting tugs for A.A. Turki Corporation (ATCO) of Saudi ... More

ROADWAYS
Bumpy NH41 impacts cargo movement at Haldia
AN extremely bad condition of the 55-km long National Highway 41, connecting Haldia dock with National Highway 6 stretching from Kolkata to Chennai, is affecting movement of road-borne traffic to and from the dock. The road transport operators ... More

Ports

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RBI nudges pvt banks to lend to farmers

Ranbaxy withdrawal of drugs worries Health Ministry

Bank M&A: Stability and synergy

Global vegoil prices set to decline

`Transfer of ownership of disputed trademark invalid'

Looking back
Oct. 31-Nov. 6
`Freight market boom will last till 2007-08' — Mr Sanjay Mehta, CEO and MD, Essar Shipping