The Hindu Business Line : Saturday, April 30, 2005

Panel questions open sky policy on airline IPO day
THE decision of the Ministry of Civil Aviation to open up the international skies for a particular airline on the day that its public issue opened has been questioned by the Parliamentary Standing Committee on Transport, Tourism and ... More

Air Sahara defers Chennai-KL flight
AIR Sahara has pushed back the launch of its daily flight on the Chennai-Kuala Lumpur sector to June 15. "We had to push back the launch as we need to have four sets of pilots for each aircraft. Having two back-to-back international launches ... More

First AI Express flight takes off
AIR India Express, the budget airliner, was formally launched when a distinctively liveried aircraft took off from the Thiruvananthapuram International Airport for Abu Dhabi, almost half an hour behind schedule on Friday morning. The Union ... More

INSIGHT

Why the Maharaja's choice may save his life
NOT MANY might see at first glance that the decision of Air India to buy all aircraft from one manufacturer rather than split the order between two manufacturers is in itself a sensible one. Never mind which company ... More

INFRASTRUCTURE

TN agrees to provide land for new airport
It has been Tamil Nadu's case that Chennai requires a new airport, given that the city is the gateway to South and S-E Asia. More

TN: Rs 300 cr to be spent for acquiring 1,457 acres of land
WITH the Centre clearing Tamil Nadu's proposal for a new international airport for Chennai, the State Government will spend about Rs 300 crore in acquiring 1,457.5 acres of land adjacent to the existing airport. The Government has identified ... More

DLF joins Bharti-Changi consortium
NEW DELHI: DLF Universal Ltd has joined the Bharti-Changi airport consortium to participate in the proposed modernisation and restructuring of the Delhi airport. A statement issued by the DLF group states that it shall no longer pursue ... More

FINANCIAL PERFORMANCE

GE Shipping Q4 net up 36 pc to Rs 252 cr
Great Eastern Shipping has reported a jump of 36 per cent in net profit in the fourth quarter of last fiscal to touch Rs 252 crore. The total income during the quarter was up 19 per cent at Rs 571 crore. The net profit for the whole of last ... More

Essar Shipping net zooms
MUMBAI: Essar Shipping Ltd has reported a 190 per cent jump in net profit during the last quarter of 2004-05 to touch Rs 120.12 crore. Its income during the quarter was Rs 232.76 crore. For the full year, the company's net profit was Rs ... More

Dredging Corporation net falls
HYDERABAD: Dredging Corporation of India Ltd has announced a fall in both income and net profit for both the quarter and year ended March 2005. As per the unaudited results for the quarter, the company has posted a net profit of Rs 33.01 ... More

RAILWAYS

Madurai-Manamadurai line
MADURAI: The inaugural of the special train in the newly-laid Madurai-Manamadurai broad gauge section will be flagged off here by the Union Minister of State for Railways Mr R. Velu, on Saturday. The regular services will commence from ... More

Ships in Ports

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Panel questions open sky policy on airline IPO day

Indians top `intending car buyers' list across Asia

Spices exports rise 18 pc in 2004-05

GE Shipping Q4 net up 36 pc to Rs 252 cr

Grasim Q4 net profit down 19 pc on higher expenses

In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated