LOGISTICS
AIRLINES
Kingfisher Airlines gets in-principle nod from Ministry
THE domestic aviation sector may soon see a new low-cost entrant with the Government giving `in-principle' clearance to the UB Group-promoted Kingfisher Airlines to start operations. A high-powered committee of the Ministry of Civil Aviation ...
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Air India board approves acquisition of 50 aircraft
THE board of Air India on Wednesday approved acquisition of 50 aircraft and decided to float tenders for the same. Two-third of the 50 aircraft will be acquired on a firm basis and one-third on option, the airline has said. An official ...
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AI to shift export cargo handling unit in Chennai
AIR India will move its flight-handling unit for export cargo to its own facility near the old airport terminal in a month's time. In the first phase, the airline will shift only the export division immediately. The imports will be shifted ...
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INFRASTRUCTURE
Kerala revives Kannur airport plan
THE State Government has decided to pursue the long-standing proposal for developing an airport in Kannur. The State Cabinet took an in-principle decision on Wednesday to look into the possibilities of developing the airport on a ...
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SHIPPING
Ministry sets terms for Shell to ship LNG for Hazira
THE Shipping Ministry on Wednesday said that it was willing to be "flexible" in allowing Shell India, a subsidiary of the Royal Dutch Shell Group, to ship LNG to its 2.5 million tonnes per annum re-gasification terminal at Hazira in Gujarat, ...
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SCI pays Rs 90-cr interim to Govt
SHIPPING Corporation of India (SCI) on Wednesday presented a cheque for Rs 90 crore to the Government as interim dividend for 2004-05. The dividend cheque was presented to Mr T.R. Baalu, Union Minister for Shipping, Road Transport & Highways, ...
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SOFTWARE
FedEx designs packaging solutions for fashion world
FEDEX Express has evolved a tailor-made solution `FedEx Solutions for the Fashion World' to address the distinct packaging needs of the Indian fashion customer. The Managing Director of FedEx Express (Indian Subcontinent), Mr Jacques Creeten, ...
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RAILWAYS
Railway Board plans to hike freight loading target
THE Railway Board is mulling an upward revision of the overall freight loading target for the current year (2004-05), thanks to the rising trend in revenue-earning freight loading so far. The overall target, according to informed sources, ...
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ROADWAYS
Damage to KSRTC buses
THIRUVANANTHAPURAM: Six hundred and sixty-two buses have been damaged in hartal-related incidents in the State during the period from June 1, 2000, to August 31, 2004. An official spokesman said here that all these buses belonged to the ...
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IPOS
Jet Airways plans IPO
JET Airways plans to go public shortly with an initial public offering (IPO). The finer details of the IPO are expected to be finalised in the next two to three weeks, the airline Chairman, Mr Naresh Goyal, said here on Wednesday. "We should ...
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