The Hindu Business Line : Tuesday, August 02, 2005

Mumbai airport back to normal: Praful Patel
WHILE assuring that the situation at Mumbai airport was back to normal, the Minister for Civil Aviation, Mr Praful Patel, today asked passengers to undertake only essential trips to the city. "The airport is back to normal and the main runway ... More

Air India waives cancellation fees
Air India has announced that it would be waiving the fee of $125-150 charged for cancellation or rebooking for travel from India to the US, the UK and Europe as a relief measure to passengers effecting change to travel plans following the ... More

SHIPPING

`Next five years are crucial for Kochi port'
DR JACOB Thomas, Chairman of the Cochin Port Trust, who has contributed immensely to make the Vallarpadam International Container Transhipment Terminal project here a reality, has relinquished charge on Sunday on completion of his five-year ... More

JNPT, NSICT terminals facing threat of congestion — Rains, floods disrupt rail links
JN Port - NSICT terminals are facing a threat of another major congestion with rains and floods disrupting rail links between the port and inland container depots (ICDs). Container Corporation of India, which runs the rail service between the ... More

Far Shipping launches service between Chennai, Jebel Ali
FAR Shipping Lines Pte Ltd, a Chinese shipping company, has launched a direct shipping service between Chennai and Jebel Ali. This is the first direct service from the city to Persian Gulf, says a press release issued by the Chennai Container ... More

Record handling of IOP at Chennai port
THE Chennai Port Trust has created a new record by handling 36,150 tonnes of iron ore pellets in 24 hours by loading on to the vessel Jia Yong Shan. The total shipment of 52,176 tonnes was loaded on to the vessel within 48 hours, says a Chennai ... More

Rains hit operations at Paradip port
Both ship movement and loading and unloading of cargo have been affected, according to sources from the Paradip Port Trust There has been no cyclone warning so far. Only the number three signal was flashed, prohibiting fishermen to venture ... More

FINANCIAL PERFORMANCE

TCIL Q1 net profit, sales up
NEW DELHI: Transport Corporation of India Ltd (TCIL) registered a net profit of Rs 3.13 crore for the quarter ended June 30, compared with a net profit Rs 2.43 crore for the year-ago period. Net sales were at Rs 188.16 crore (Rs 171.31 ... More

RAILWAYS

Korean Minister visits Delhi Metro
THE Minister of Foreign Affairs and Trade of the Republic of Korea, Mr Ki-Moon Ban, on Monday visited the Delhi Metro and travelled in the underground section from Patel Chowk to New Delhi and back. "Mr E. Sreedharan, Managing Director of DMRC, ... More

New Coimbatore-Jaipur train to be introduced soon: Minister
A WEEKLY express train from Coimbatore to Jaipur via Chennai to meet the long-pending demand of the people from Rajasthan living in and around Coimbatore will be introduced, the Minister of State for Railways, Mr R. Velu, has said. He, however, ... More

`States must share rail project costs'
THE Minister of State for Railways, Mr R. Velu, on Monday said that State governments should share costs of railway projects. Similarly, the States' surplus in power generation should offer electricity at cheaper rates, he added. Since demands ... More

ROADWAYS

Chhattisgarh road projects work to begin soon, says CM
THE Chhattisgarh Government proposes to start shortly work on road projects worth about Rs 3,000 crore, according to the Chief Minister Dr Raman Singh. "We have decided to accord top priority to connectivity as a means of development," Dr ... More

At a standstill
Trucks parked near Kochi due to indefinite strike by operators from Monday. The strike might hit the State hard because of its dependence on other States for essential ... More

PEOPLE

AFL appoints new global cargo head
AFL Pvt Ltd, a provider of integrated supply chain management solutions in the country, has appointed Mr Detlev Janik as the Global Head - Cargo. Mr Janik will be based in Mumbai and will be responsible for the global expansion of AFL's ... More

Ships in Ports

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

`BPO space to hot up with mergers, IPOs'

BSNL targets non-metros

Fiscal deficit up 30.79 pc in Q1

Pakistan may resume sugar imports from India — 3-4 lakh tonnes export likely

Huge motor claims may test solvency of pvt insurers — Fresh capitalisation may be needed

In Focus

BHEL Disinvestment

The Yuan Revaluation

Dabhol power regenerated