The Hindu Business Line : Tuesday, December 06, 2005

SpiceJet raises $80 m thru FCCBs
SPICEJET Ltd on Monday announced that it has raised $80 million through the issue of Foreign Currency Convertible Bonds (FCCBs) in the international market. The funds raised from this issue would be utilised to part-finance the fleet expansion ... More

Jet Airways to buy flight simulator from Canada firm
JET Airways has signed an agreement with CAE Inc of Canada for buying a full flight simulator for the B737-800 aircraft. The airline will take delivery of the simulator in 2006. It will be installed at the Jet Airways training centre here, which ... More

SHIPPING

SEAI keen on reviving rice bran exports from Kakinada
THE Solvent Extractors' Association of India (SEAI) is keen on reviving rice bran exports from the Kakinada anchorage port. The association will support local traders for that purpose, said Mr A.R. Sharma, the National President of ... More

Member lines announce revision in currency, bunker adjustment rates
MEMBER lines in the India, Pakistan, Bangladesh and Ceylon Conference (IPBCC) have announced a revision in the currency adjustment factor (CAF) and bunker adjustment factor (BAF) rates. The CAF, a charge expressed as a percentage of a base rate ... More

Haldia, Paradip post record coking coal dispatches in November
THREE east coast ports of Haldia, Paradip and Visakhapatnam together held at the beginning of this month a ground stock of about 2.5 lakh tonnes of imported coking coal even after dispatching a record 9.7 lakh tonnes in November (the previous ... More

HUMAN RESOURCES

Week-long campaign to safeguard seafarers' rights gets under way
Crews are to be trained and competency should be verified as per STCW 95, said the Nautical Surveyor, Mercantile Marine Department, Capt Rakesh Johri. More

TRADE & LABOUR UNIONS

`DP World's takeover of P&O can lead to monopoly'
THE Water Transport Workers Federation of India, one of the five major federations of port and dockworkers, has cautioned against the emergence of a monopoly in container port services in India, following the acquisition of P&O Ports by DP ... More

RAILWAYS

RITES presents route norms on freight corridor
RITES, the consulting arm of Indian Railways, on Monday made a presentation on the dedicated freight corridor before the Railway Board here. The presentation primarily dealt with route specifications for the rail freight corridor. "RITES ... More

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