LOGISTICS
ACCIDENTS
Fire destroys cargoes at Kolkata port
FIRE has devastated the number four shed of the Netaji Subhas Dock of Kolkata port. Large volumes of cargoes stacked in the shed have been destroyed. Preliminary estimates put the value of the cargo destroyed at Rs 10 crore. No one was hurt. Dr ...
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AIRLINES
AI, IA poised for triple digit growth: Minister
THE Minister for Civil Aviation, Mr Praful Patel, on Wednesday said that in the next three years, both Air India (AI) and Indian Airlines (IA) would be poised to achieve "triple digit" growth in terms of number of aircraft in their fleet and ...
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SHIPPING
SKIL may sell 50 pc in Pipavav Shipyard
THE Nikhil Gandhi-promoted SKIL Infrastructure Ltd is at advanced stage of negotiations with a couple of global players to offload up to 50 per cent equity in the Rs 800-crore Pipavav Shipyard Engineering Ltd (PSEL). SKIL, the founder ...
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Baalu not for SCI disinvestment
THE Minister for Shipping, Road Transport & Highways, Mr T.R. Baalu, has said that he is not in favour of disinvestment in the Shipping Corporation of India (SCI). Speaking at the Economic Editors' Conference here, Mr Baalu said SCI had notched .
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Varun Shipping gets 7th LPG carrier
MUMBAI: Varun Shipping has acquired its seventh LPG carrier, Maharishi Labhatreya, taking its fleet strength to 13. According to an official statement, the vessel, acquired on November 13, has a cargo carrying capacity of 43,670 cbm. The ...
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ROADWAYS
Idea launches device to prevent vehicle thefts
IDEA Cellular Ltd has introduced a new product in the Kerala market that is designed to prevent vehicle theft. The solution, called `I-guard', has been launched in association with Micro Technologies Ltd. It will provide the customers with ...
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PEOPLE
New MD for RailTel
NEW DELHI: Mr K.K. Bajpeyee joined RailTel Corporation of India Ltd (RCIL) as the Managing Director on Tuesday, said an official release. He was earlier posted as the Additional Member (Signalling) in the Ministry of Railways. ...
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