LOGISTICS
AIRLINES
Air Deccan hopeful of Rs 400-cr turnover
AIR Deccan is hopeful of registering a turnover of Rs 400 crore in 2004-05. The low-cost airline is confident of making operating profits in the current fiscal as well, according to Capt. C.R. Gopinath, Managing Director. Speaking to ...
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CII for scrapping import duty, sales tax on aviation gasoline
THE Confederation of Indian Industry (CII) has suggested that the import duty and sales tax on aviation gasoline (AVGAS) be removed to provide the much-needed boost to the Indian aviation industry. According to CII, the import duty and sales ...
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SHIPPING
Petronet shipping deal — SCI to sail with Japanese partners
With none of the Indian shipping majors having owned and operated high capacity LNG tankers and with their limited experience in both technical management and crewing of such vessels, they have to tie-up with experienced foreign LNG operators to bid for Petronet's LNG shipping contract. SCI has decided to stay with its Japanese partner in bidding for the contract.
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TRADE & LABOUR UNIONS
Talks with KSRTC unions
THIRUVANANTHAPURAM: The Transport Minister, Mr N. Sakthan, has expressed willingness to hold talks with a section of employees of the public sector Kerala State Road Transport Corporation (KSRTC), which has served a notice for strike. ...
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INTERVIEW
Kerala waterways hold LOTS of potential — Capt Philip Mathews, Director, Land, Ocean, Transport Services
LOTS (Land, Ocean, Transport Services), a company set up in Kochi in 1994 by a group of maritime professionals, is looking to tap the potentials of Kerala waterways especially in the context of various upcoming projects such as the ...
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RAILWAYS
Rationalising rail wagon allotment
The Railways alone can do little to reduce wagon detention. The user industries in the core sector, particularly industries such as coal and steel, and power-houses, must also gear themselves to meet the challenge. But of these sectors has its own pr oblems.
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Rlys plans to set up more Yatri Niwas, budget hotels
IN an effort to use its vacant lands and meet the growing demand for affordable boarding and lodging facilities, the Railways plans to set up more `Yatri Niwas' and budget hotels across the country. As a first step, the organisation is in the ...
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Modernisation plan to put Railways on hi-tech track
The proposed modernisation plan aims to achieve a growth rate of over 6 per cent in freight traffic and 3.5 per cent in passenger segment.
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