The Hindu Business Line : Friday, November 18, 2005

SriLankan Air office re-opened
THIRUVANANTHAPURAM: The refurbished office of SriLankan Airlines at the international terminal of the Thiruvananthapuram airport was inaugurated on Thursday by Mr Nigel O'Shea, Head of Service Delivery, SriLankan Airlines Ltd. Speaking ... More

Branson bullish on prospects in India
Sir Richard said "We would like to pick up a stake in Air Sahara if the current regulations allow. We will roll up our sleeves to get into the domestic aviation sector." More

`Kingfisher to order aircraft at Dubai show'
KINGFISHER Airlines plans to place orders for new turbo-prop and jet aircraft at the Dubai air show, the airline Chairman and Managing Director, Mr Vijay Mallya, said on Thursday. "The announcement will be made on November 20 and 21. We intend ... More

Air Deccan's Lanka subsidiary to offer low-cost travel option
DECCAN Lanka, a subsidiary of Air Deccan will soon start operating regular low-cost flights from Colombo to a number of nearby international destinations including Kochi, Singapore and Sharjah. Sources told Business Line that the licence ... More

GoM to look at liberalising FDI norms for airports
THE Cabinet Committee on Economic Affairs (CCEA) today referred the decision on further liberalising foreign direct invest norms for airport, mining and power trading, coffee and rubber processing, trading and coal and lignite sectors, to a Group ... More

Cathay Pacific to operate daily flights from HK to Delhi, Mumbai
CATHAY Pacific will fly daily to New Delhi and Mumbai from Hong Kong to take advantage of India's Civil Aviation Ministry's decision to temporarily remove the cap on flights during the peak travel winter season, a practice that the ministry has ... More

Air Arabia special flights for winter season
AIR Arabia LLC, the first international low-fare airline in India, will add an additional daily flight between Mumbai and Sharjah during December 1 to January 31, to cater to the demand over the winter holiday season. Fares would start from Rs ... More

INFRASTRUCTURE

Left not to oppose pvt participation in greenfield airport projects
THE Left parties will not oppose private participation in greenfield airport infrastructure projects. However, they would continue to oppose private participation in existing airports, according to Mr Nilotpal Basu, Member of Parliament & ... More

SHIPPING

Govt revives move to divest 15% stake in SCI — Stock to be split into two; employees to be offered shares
THE Government has decided to revive the public sector disinvestment process by diluting its stake by 15 per cent in Shipping Corporation of India (SCI), a profit-making `mini-ratna' company. At present, the Government holds 80.12 per cent ... More

SCI employees to seek shares at a discount
EMPLOYEES of Shipping Corporation will seek allotment of shares at a discounted price, when the company goes for its second round of sale of shares to public. If this is not granted by the Government, the officers will oppose the ... More

Iron ore terminal — Sical to form jt venture with L&T, MMTC
SOUTH India Corporation (Agencies) Ltd (Sical) will set up a joint venture with L&T and MMTC, once it is formally announced that the consortium has won a contract for implementing a Rs 500-crore iron ore terminal project at the Ennore Port. A ... More

Container freight rates to West European, UK ports to go up on rate restoration
Delays and congestion continue to affect all carriers, and are having a detrimental effect on member lines' ability to operate efficiently. More

New Mangalore Port handles 4 lakh tonne fertiliser
MANGALORE: New Mangalore Port handled four lakh tonnes of fertiliser cargo so far during the current financial year. Port officials say it is the highest quantity of fertiliser ever handled at the port. They hope to handle fertiliser ... More

TRADE & LABOUR UNIONS

Strike averted at Kakinada port
THE cargo boat (and barge) workers at the old anchorage port here have given up their plan to go on strike this week following an agreement with the trade on Wednesday. The workers had served a notice earlier this month threatening to go on ... More

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