LOGISTICS
AIRLINES
Tight aircraft lease market may hamper AI's new destination plans
AIR India may have to revise its plans to service more destinations in 2005 as the aircraft lease market has become tight in the face of huge demand from airlines across the globe, according to Mr V. Thulasidas, Chairman and Managing Director. ...
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Private carriers continue to dominate domestic skies
PRIVATE sector airlines continue to dominate the Indian skies, with their market share (in terms of number of passengers carried) inching further upwards during the first 11 months of the current calendar year. Official sources said that the ...
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SHIPPING
Bharati Shipyard closes at 94% premium to IPO price — Volumes too soar on Day 1
SHARES of Bharati Shipyard made a strong debut on the stock market by listing almost 100 per cent premium to the issue price. Bharati Shipyard's initial public offering had received overwhelming response from equity investors. The IPO was ...
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Kochi port in panic over alert
FEAR and panic gripped the Kochi Port area and its surroundings on Thursday following the warning of another possible tsunami attack, forcing the port authorities to temporarily suspend the port operations for about four hours. The Port ...
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Dubai Ports gives Rs 10 lakh aid
DUBAI Ports International, the global wing of the state-owned Dubai Ports Authority, has contributed Rs 10 lakhto the Prime Minister's National Relief Fund for the tsunami-affected people in the coastal States. ...
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Great Eastern Shipping: correction
ROADWAYS
Bharat III emission norms to be implemented in 11 cities
TO reduce pollution in the atmosphere, the Automotive Research Association of India (ARAI), Pune, has decided to implement the Bharat Stage III emission norms for gasoline and diesel vehicles in 11 cities across the country. The Bharat Stage ...
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NHAI to help reconstruct roads linking Nepal border
SEVERAL projects to upgrade infrastructure for promotion of trade and transportation between India and Nepal are in various stages of implementation. The projects include some on the Indian side but mostly on the Nepalese side. Briefing ...
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