The Hindu Business Line : Tuesday, August 01, 2006

AIRLINES
IndiGo to start flying from Aug 4
A new low-cost airline, IndiGo, takes to the skies on August 4 with the first flight on the Delhi-Guwahati-Imphal sector. Addressing a press conference, the airline's Chief Executive Officer and President, Mr Bruce Ashby, said IndiGo would ... More

SHIPPING
Australian vessel delayed
An Australian Panamax vessel, carrying more than 60,000 tonnes of wheat imported from Australia, will reach Mundra Port on August two, reports said on Monday. A spokesman of the Adani Group, which owns the private port, told Business Line that ... More

`Remove curbs on iron ore storage at New Mangalore port'
KSPCB move to hit port's growth, exporters More

FINANCIAL PERFORMANCE
GE Shipping net dips 22 pc
Great Eastern Shipping Co Ltd has reported a 21.9 per cent dip in net profit in the first quarter of this fiscal at Rs 275.93 crore against Rs 353.42 crore in the corresponding period of last fiscal. During the quarter, the company's total ... More

MERGERS & ACQUISITIONS
Phoenix buys majority stake in Eastern Logistics
Phoenix International Freight Services has acquired the majority stake in Eastern Logistics Private Ltd, a premier Mumbai-based freight forwarding company having a nationwide network. With this acquisition, the US-based international freight ... More

INTERVIEW
`IndiGo will offer reliable point-to-point flights'
In the country for his father's 90th birthday, Mr Rakesh Gangwal, founder of low-cost airline IndiGo, stopped in Delhi for the launch press conference. During his two-decade long career in aviation, Mr Gangwal worked in senior management ... More

RAILWAYS
Four firms bag Rlys vending kiosks contract
Café Coffee, Coca Cola, Fresh & Honest, HLL win bids More

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Ports

Top Stories
Urad futures trading below spot market price

India a better place to invest than China, says Forbes survey

Vegoil tariff values hiked

Banks being pushed for higher yields on bonds

Goldiam to create exclusive jewellery brand for Big Bazaar

TRAI defers order on short codes for SMS by 3 months

ONGC stake sale boosts IOC figures

Four firms bag Rlys vending kiosks contract

`Dept not fully geared for e-filing of returns'

Looking back
Jul. 23-Jul. 29
Railways gets higher discount for diesel

Cos may get respite from paying service tax on goods transport

Panel for restricting entry in railway stations

Port workers' body wants tribunal award stayed

P.K. Ruia plans Rs 1,000-cr dry dock, SEZ in Bengal