Financial Daily from THE HINDU group of publications
Friday, July 22, 2005
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LOGISTICS

AIRLINES


Kingfisher Airlines to have Hughes network
KINGFISHER Airlines has signed up Hughes to set up the networking backbone for all its airport offices across Mumbai, Bangalore and Delhi. The backbone will provide a framework for the airline's online booking engine for customers and business ... More

Minister seeks panel to review Air India fleet acquisition
THE Union Civil Aviation Minister, Mr Praful Patel, has written to the Prime Minister, Dr Manmohan Singh, requesting that either a Group of Ministers (GoM) or Committee of Secretaries (CoS) be set up to examine the Rs 30,000 crore fleet ... More

AI, employees' unions reach accord on wages
THE Air India board has approved the memorandum of understanding (MoU) that the airline has entered into with the AI Employees Guild and AI Employees Union. The two unions represent a majority of the airlines employees. The MoU involves an ... More

Emirates to begin another Dubai-NY daily non-stop flight
EMIRATES airline will add a second daily non-stop A340-500 flight from Dubai to North America on November 7, due to the unprecedented success of the initial non-stop service between the two cities introduced in June, 2004. Operating from Dubai ... More

HAL, Snecma sign pact for joint venture
HINDUSTAN Aeronautics Ltd and the French aerospace major Snecma have announced the signing of a shareholders' agreement to formalise their 50:50 joint venture. The new company, yet to be named, will be based in Bangalore and will begin ... More

Malaysian air cargo carrier Transmile begins MD-11 operations
THE buoyant air cargo market has coincided with the start of MD-11 operations by Transmile Air, a Malaysian air cargo carrier. Mr S.R. Mani, Country Manager, Transmile Air, said the airline was earlier operating B727s to Chennai. The MD-11 has ... More

INFORMATION TECHNOLOGY


Core's vehicle-tracking project launched in Delhi-Jaipur highway
CORE Projects & Technologies, in association with Software Technology Parks of India (STPI), is working on radio frequency identification (RFID)-based vehicle tracking project on the Delhi-Jaipur Highway. The pilot project was launched by the ... More

SHIPPING


Govt may allow import of tuna long-liners
THE Union Government is planning to allow purchase of used tuna long-liners from abroad to promote deep-sea fishing, according to Mr V.S. Somvanshi, Director-General of the Fishery Survey of India. He said here on Thursday that the Ministry of ... More

FINANCIAL PERFORMANCE


Taneja Aerospace profit at Rs 81.63 lakhs
MUMBAI: Taneja Aerospace and Aviation Ltd (TAAL) has posted a net profit of Rs 81.63 lakh in the first quarter ended June 30, as against Rs 23.21 lakh in the quarter ended June 30, 2004. The income from operations for the quarter ended ... More

RAILWAYS


No let-up in movement of ore to steel plants
THERE'S no let-up in rail movement of iron ore, either for domestic consumption or for exports, despite reports of cooling of the steel sector. If anything, the movement of ore to public sector steel plants has gone up. Railways sources said ... More

Wet track
Trains in Mumbai were cancelled or delayed due to flooding of tracks caused by heavy rains on Thursday. Commuters were left stranded and had to either wait a couple of hours for the next train or continue their journey by ... More


Ships in Ports


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