The Hindu Business Line : Monday, January 23, 2006

GMR Industries plans to enter aviation sector
As a first step, the company proposes to acquire aircraft for own use as well as for chartering services, the sources told Business Line. More

INSIGHT

Swearing by competition
It remains to be seen how the Jet-Sahara acquisition will be seen by the authorities. Clearly, there is much more to the issue than just a particular businesss battle because, in today's world, competition cannot but be treated as the bedrock of econ omic development. More

SHIPPING

Insights into structure of world fleet
The Review of Maritime Transport 2005 brought out by the United Nations Conference on Trade and Development, giving comparative data on the world shipping fleet for 2003, 2004 and 2005, suggests that the increase in 2004 was higher than the increases in the previous two years. The Review provides interesting insights into the structure and ownership of the world merchant shipping fleet. More

`Uncertainties over Kochi LNG terminal a cause for concern'
THOUGH Petronet LNG Ltd (PLL) has been reiterating that the proposed terminal here would be taken up as per schedule, some of the technocrats here have expressed concern over the delay in finalising SPA with suppliers of LNG. "We are all ... More

Cruise vessel calls at Mangalore port
THE passenger vessel - M.V. Vista Mar - called at New Mangalore Port on Saturday. Sources in the New Mangalore Port Trust (NMPT) told Business Line that the ship, which anchored at the port at 7.30 a.m., has 243 passengers and 112 ... More

SOFTWARE

'I'm watching!'
Manufacturers are showcasing new safety devices for vehicles that feature tracking and alert systems. Companies can now keep an eye on the pick-up and drop schedules of staff every minute of the ride. And for employees, it means the late night drive back home isn't a nightmare. More

MERGERS & ACQUISITIONS

Jet-Sahara deal: It all started in July last
THE final signing of the largest deal in Indian aviation between Air Sahara and Jet Airways on January 18 brought to an end a process that had started around July last year. It was then that the Sahara group got in touch with management ... More

SUPPLY CHAIN MANAGEMENT

BoM keen to utilise services of postmen
THE Executive Director of Bank of Maharashtra (BoM), Mr Ashok Dugade, said here his bank was part of a team of senior officials that met the Post Master General to discuss the possibility of the postman becoming the interface between banks and ... More

New products launched by AP Postal Circle
THE Andhra Pradesh Circle of India Post has unveiled three new products - Instant Money Order (IMO) scheme, Rural Postal Life Insurance Children Policy and a group personal accidental death insurance cover for post office savings bank account ... More

RAILWAYS

Dedicated freight corridor — Rlys, SPV likely to share revenues
Both Railways and the SPV for the dedicated freight corridor will pay access charges to each other for the traffic carried on each other's tracks. More

Rlys plans indexing input costs to determine fare, freight rates
UNDER pressure from the Planning Commission for setting up a Rail Tariff Authority, the Railway Ministry has almost finalised a report that could do away with arbitrary fixing of railway fares and freights and avoid the `interference' of an ... More

Ports

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