The Hindu Business Line : Friday, March 04, 2005

Interglobe pushes back launch of new airline
THE launch of a new airline which was to be promoted by Interglobe Enterprises Ltd has been pushed back for now. The company's Managing Director, Mr Rahul Bhatia, told Business Line that plans of setting up an airline are being ... More

IA to close super saver scheme
HYDERABAD: In view of the overwhelming response, Indian Airlines (IA) plans to close its `bumper super saver' scheme on March 31 or even earlier. It had launched the scheme on February 16 for economy class and on February 23 for executive ... More

INFRASTRUCTURE

`World's second longest bridge' — Six consortiums in fray for Rs 4,000-cr sea link
THE Mumbai Trans Harbour Link, that found special mention by the Finance Minister, Mr P. Chidambaram, during his Budget speech, is up and running. Six international consortiums are pitted against each other in the RFQ (request for quotation) ... More

SHIPPING

New Mangalore port handles record traffic
THE New Mangalore Port handled a record traffic of 30.67 million tonnes till the end of February during the current financial year against 23.59 million tonnes during the corresponding period of the previous year, a growth of 29.59 per cent. A ... More

Nalco-PIL impasse hits shipment at Paradip port
THE shipment of containerised exports through Paradip port has come to a halt. There has been no shipment for over a month now. National Aluminium Company (Nalco), the public sector aluminium giant that uses the port for exporting ingots in ... More

Vizag container trade likely to touch 50,000 TEUs this fiscal
THE container trade in Visakhapatnam has made rapid strides in recent times and by the end of the financial year it may touch 50,000 TEUs, according to Mr H.B Ayub Khan, Deputy General Manager, Maxicon Shipping Agencies Private Ltd. At a press ... More

Chennai Port agrees to offer concession to Hyundai Motor
AFTER tough negotiations, Chennai Port Trust and Hyundai Motor India Ltd have agreed on the terms and conditions for concessional wharfage and marine charges for export of automobiles through the port for a period of 10 years. Accordingly, ... More

New CEO for Seaways Shipping
HYDERABAD: Seaways Shipping Ltd has announced that Capt. K Vijay Gopal has been promoted as the Chief Executive Officer of Maxicon Shipping Agencies Pvt Ltd and Seamaster Shipping and Logistics Pvt Ltd. Seaways Shipping has a network of ... More

RAILWAYS

Cabinet approves Bangalore metro rail project
While the State will provide Rs 1,807 crore, the Centre would contribute Rs 1,447 crore and the FIs the remaining Rs 2,953 crore. More

Kutch Rail set for financial closure
KUTCH Railway Company Ltd (KRCL), the country's longest gauge conversion project for improving rail connectivity to ports undertaken by a public-private partnership till date, is all set to attain financial closure by raising Rs 250 crore. With ... More

Trains to be regulated
THIRUVANANTHAPURAM: Southern Railway has announced regulation/rescheduling of two express trains from Sunday to March 31 to take up urgent maintenance work of the railway track between Kanyakumari and Nagercoil. An official spokesman ... More

Ships in Ports

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