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OVERSEAS BORROWINGS
Sical Logistics to raise $26 m
Chennai, Sept. 5 Sical Logistics Ltd, a Chennai-based logistics service provider, will raise $26 million (around Rs 95 crore) from Old Lane Mauritius IV Ltd, a vehicle of Old Lane India Opportunities Funds.The investment will be for a ... More

AIRLINES
Kingfisher picks OnAir for Web access on long-haul service
Bangalore, Sept. 5 Kingfisher Airlines passengers on long-haul service will be able to use wireless communication facilities by next year when the company hopes to provide Web access in 2008 and Internet the following year. The airline ... More

INFRASTRUCTURE
‘No hurdles for Warangal airport plan’
Hyderabad, Sept. 5 The State Government’s plans to develop an airport at Warangal may not hit roadblocks.The Airports Authority of India (AAI) officials recently visited the airport to study various aspects of the plan to develop ... More

SHIPPING
East coast shipyard project attracts 9 firms
New Delhi, Sep. 5 Nine firms including Essar Constructions, Larsen and Toubro, ABG Shipyard, Shapoorji Pallonji, South Korea-based STX Shipbuilding, UK-based Mcnulty Offshore Construction are vying for the mega shipyard proposed to be set up ... More

SUPPLY CHAIN MANAGEMENT
Rising traffic poses challenge to Kolkota Dock
‘Faster evacuation of boxes out of dock premises needed’ More

ROADWAYS
Chennai Corpn mulls new-look bus shelters
Chennai, Sept. 5 In less than six months, as they wait for their buses, Chennai-ites will be able to stand under nice, clean, roomy, well-lit, stainless steel-built bus shelters. At least, that is the desire of Corporation of Chennai.By ... More

IPOS
Mundra Port IPO plans on course
Kolkata, Sept. 5 The Adani Group is expecting to come out with the Rs 1,500-crore Mundra Port and Special Economic Zone Ltd (MPSEZL) initial public offering in October. The group is not planning any revision in the proposed issue due to ... More

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