The Hindu Business Line : Wednesday, May 24, 2006

AIRLINES
Air Deccan extends offer by 3 days
The IPO of Deccan Aviation has been oversubscribed but the promoters have decided to extend the offer for another three days and reduce the low end of the price band to Rs 146 from Rs 150 to attract more subscription. The offer was scheduled to ... More

Huge response for SpiceJet Rs 99 offer
SpiceJet, as a part of its first anniversary celebrations, has offered 21,000 seats at Rs 99 per seat. The offer opened on Monday morning and is available on the company Web site. The response to this offering was so overwhelming ... More

INFRASTRUCTURE
CIAL studying Rs 3,450-cr investment plan
Cochin International Airport Ltd (CIAL) is considering a Rs 3,450-crore investment plan prepared for it by consultants Ernst and Young. Top officials of CIAL briefed the Chief Minister, Mr V.S. Achuthanandan, on various features of the project ... More

SHIPPING
Paradip port target set at 40.8 mt traffic
Share of coal is estimated at more than 2 million tonnes More

TRADE & LABOUR UNIONS
Govt urged to strengthen infrastructure at major ports
The All-India Port and Dock Workers' Federation has stressed the need to strengthen infrastructure at major ports to achieve the cargo traffic target for 2006-07. Speaking to newspersons, Mr S.R. Kulkarni, President of the Federation, said that ... More

Constitute wage negotiating panel: Port workers' body
The existing wage pact expires in Dec More

SUPPLY CHAIN MANAGEMENT
New postal scheme
AT YOUR DOORSTEP: The Andhra Pradesh Finance Minister, Mr K. Rosaiah, (right) launching the `Bank on Your Postman' scheme by issuing the first cheque to a postman at a function held in Hyderabad on Tuesday. The Chief Postmaster General, Mr D. ... More

RAILWAYS
Wagon tracking project: Rlys may appoint consultant
For deciding on the specific RFID technology standard More

NEB to float SPV for metro rail projects
NEB Infrastructure Ltd, a focused metro rail project developer, has decided to form a special purpose vehicle (SPV) to drive metro projects in India. It would be a 50:50 joint venture between NEB and international financial institutions ... More

ROADWAYS
DS Const bags Karnataka project
DS Constructions Ltd on Tuesday announced that it has been awarded the Sandur bypass road project on build-operate-transfer basis by the Public Works Department, State Government of Karnataka. The concession period for the ... More

IPOS
Allcargo fixes price band at Rs 625-725
Public issue opens on June 1; closes on June 6 More

OUTLOOK
Rlys may resume wheel imports
Needs to import 40,000 wheels to meet wagon procurement target More

Ports