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Friday, March 17, 2006
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LOGISTICS

MODERNISATION


Airports revamp: Meet on March 22
The tripartite committee formed to look into the proposals for modernisation of airports by the Airports Authority of India and employee-related issues will meet again on March 22. "We have sought certain clarifications from the government. ... More

AIRLINES


Recaero sets up Indian subsidiary in Bangalore
French co to supply spares for aircraft majors More

Jet Airways defers FCCB, GDR issues
`No problem in takeover of Air Sahara' More

INFRASTRUCTURE


`International airport to be ready in 2 years'
The first phase of the airport would handle seven million passengers and more than one lakh tonnes of cargo. Project promoters brief CM on progress of work in Hyderabad More

SHIPPING


Drop in river water level worries KoPT
Reduced flow due to scanty rainfall, water diversion More

Strike hits Kochi port operations
Operations in the Kochi port except in the container terminal have been partially affected on Thursday following the indefinite strike called by the Cochin Port Staff Association in protest against the suspension of five of its office bearers. ... More

Rly link to NMPT likely from April
The much-awaited railway link to the New Mangalore port is likely to be opened for freight traffic from April 1. Sources in the shipping industry here told Business Line that at a recent meeting, the New Mangalore Port Trust (NMPT) ... More

Karnataka CM to open ice plant at Malpe
The Karnataka Chief Minister, Mr H.D. Kumaraswamy will inaugurate an ice plant of the Dakshina Kannada and Udupi districts Cooperative Fish Marketing Federation at Malpe fisheries harbour in Udupi district on March 18. Addressing presspersons ... More

SOFTWARE


Oracle transportation management
Oracle today unveiled Oracle Transportation Management, a new brand based on the transportation management offering that the company obtained through its strategic acquisition of transportation management solution (TMS) vendor, ... More

SUPPLY CHAIN MANAGEMENT


TCI warehouse for Tata Motors
Transport Corporation of India Ltd (TCI), an integrated supply chain solutions provider, has set up a warehouse for Tata Motors to cater to the spare parts distribution of the company's Passenger Car Business Unit for North ... More

Writer Corpn eyeing global acquisition
The company to be acquired would have a strong presence in Thailand, Hong Kong, Singapore, and West Asia. More

Deutsche to invest $75 m in Sical
Deutsche Bank has entered into a `subscription agreement' with Sical Logistics Ltd (formerly, the logistics division of South India Corporation (Agencies) Ltd ) for investing $ 75 million in the foreign currency convertible bond issue of Sical ... More

INTERVIEW


Gati Corpn looking to raise $43 million
Gati Corporation has approved an issue of 15.71 lakh shares at Rs 423 per share to AMP Cap investors. The company is looking to raise almost $43 million. The company, according to its Managing Director, Mr Mahendra Agarwal, has a plan of ... More

RAILWAYS


Rlys sees 25-30 mt more traffic from freight forwarders
Currently, 90-95 pc of Railways' traffic is through block rakes More

SE Railway freight loading up 17 pc in April-Feb
South Eastern Railway (SER) has reported substantially higher revenue earning freight loading during the first 11 months of April-February in the current fiscal (2005-06). SER loaded, for the said period, 77.44 million tonnes (mt) of ... More

ROADWAYS


Vizag-Chennai bus service
The APSRTC on Thursday launched the Visakhapatnam-Chennai Garuda (Volvo AC bus) service at the main bus station in the city at Dwarakanagar at 4.30 p.m. The new service was inaugurated by Mr C. Damodara Dass, the Executive ... More
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