The Hindu Business Line : Monday, January 30, 2006

`Right of way' for MRTS by August in Hyderabad
THE `Right of way' for the Rs 6,300-crore Mass Rapid Transit System (MRTS), which seeks to decongest three high-density traffic corridors in Hyderabad, will be provided by August this year. "This will pave the way for the developer chosen ... More

SHIPPING

Huge cruise vessel arrives at Kochi Port
M v Oriana, one of the largest cruise vessels with more than 1,700 passengers and a crew of over 800, called at Kochi Port early Sunday morning. The vessel, having ten passenger decks with a capacity to carry 1,810 passengers, arrived ... More

For a recycling law with teeth
At a recent meeting, the IMO Working group on Ship Scrapping agreed that IMO should develop a new legally-binding instrument on regulation, among other things, for an appropriate enforcement for ship recycling and the instrument should be in ... More

Further delays in Pak's Gwadar port project
The commissioning of Pakistan's Gwadar deep sea port, scheduled for June this year, may be delayed. The commissioning of the project has already been rescheduled more than once, it is learnt. China, which is actively involved in the execution ... More

FINANCIAL PERFORMANCE

Mercator Q3 net at Rs 59 crore; announces 3:2 bonus
MERCATOR Lines Ltd has reported a net profit of Rs 58.68 crore in the quarter ended December 31, 2005, as against Rs 58 crore in the corresponding previous quarter. The company said the profit was constrained by a substantial increase in ... More

MERGERS & ACQUISITIONS

Jet-Sahara deal — Flying high on synergies
"WELCOME on board the final flight of Air Sahara. We thank our valuable customers for their patronage over the past 13 years and look forward to their continued support in our other ventures." While no ... More

Jet-Sahara deal: Smaller players' concerns on turbulence
THE Jet-Sahara deal has caused a flutter among other domestic airlines. Immediately after the merger announcement, smaller airlines such as GoAir, IndiGo, Air Deccan and Kingfisher had talks on forming an alliance to ... More

RAILWAYS

SAIL, Rlys R&D work on new rails, wheels
SAIL has joined hands with the Railways, particularly its Lucknow-based Research Development and Standards Organisation, to improve quality of rails and wheels. The two organisations are working together to develop ... More

ROADWAYS

Menace of overloading continues
THE Supreme Court has ordered that State Governments cannot allow trucks and other goods transport vehicles to carry excess weight on roads and highways. A Bench, comprising Justice A. Parsayat and Justice C. K. ... More

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