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AIRLINES
Price war seen as Jet begins Chennai-Singapore night flight
Chennai, May 28 Jet Airways has changed the schedule of its Chennai-Singapore flight from 11 am to 1.15 am. This is good news for passengers, not only because it brings in one more flight at a more convenient time, but also because there is a ... More

SHIPPING
ONGC may reimburse part of service tax to shipping cos
Mumbai, May 28 Shipping companies and other offshore service providers may get some financial relief soon, with ONGC indicating that it is “inclined” to reimburse at least a part of the service tax that these companies had been ... More

Water transport workers oppose order banning old ships
Kochi, May 28 The Water Transport Workers Federation of India has questioned the order of the Director General of Shipping in banning foreign cargo vessels of over 25 years age and gas carriers of over 30 years from sailing in Indian waters. ... More

FINANCIAL PERFORMANCE
Mundra Port net rises 12%
Mundra Port and SEZ Ltd’s PAT increased by 12 per cent Rs 210.42 crore (Rs 187.17 crore) while its revenues went up by 44 per cent Rs 844.92 crore (Rs 586.95 crore) in the fiscal 2007-08, according to the consolidated audited financial ... More

SOFTWARE
Tokyo airport cargo terminal opts for IBS product
Thiruvananthapuram, May 28 The Tokyo International Air Cargo Terminal Ltd (TIACT) has become the latest air cargo terminal operator to integrate the new version of ‘iCargo’, the new-generation cargo management system from the IBS ... More

RAILWAYS
FACT moves first load of gypsum by rail
Kochi, May 28 Fertilisers and Chemicals Travancore Ltd (FACT) has commenced a large-scale movement of gypsum through railway wagons. The first rake carrying gypsum was jointly flagged off from FACT’s Ambalamedu Division by the ... More

Gujjar protest hits rail freight traffic on Delhi-Mumbai route
Railways opens alternative route via Bhopal More

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