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LOGISTICS
SHIPPING/PORTS:
Shipbuilding subsidy: ABG can claim Rs 1,700 cr, Bharati Rs 1,000 cr
New Delhi, April 1 ABG Shipyard can claim Rs 1,700 crore as shipbuilding subsidy from the Government, followed by Pipavav Shipyard (Rs 1,050 crore) and Bharati Shipyard (Rs 1,000 crore) over the next four-five ...
SHIPPING/PORTS:
Mundra port handles 2,200 ships, 38 mt cargo
All-round performance improves in fiscal 2008-09. The country’s largest multi-product port at Mundra, developed by the Adani Group, handled around 2,200 vessels and approximately 38 million tonnes of cargo volumes across all segments ...
ROADWAYS:
Fleet operators feel the heat of slowdown
Number of buses transporting employees shrink by a third. Chennai, April 1 At the dawn and the dusk on any working day, it was a common sight in the recent several years to see at the entry points of Chennai’s industrial corridors clogged ...
SHIPPING/PORTS:
Shipping industry likely to see revival in 6 months
Mumbai, April 1 Shipping industry may see a revival in the next six months as the clouds of slowdown enveloping the global economy are expected to dissipate to some extent ...
RAILWAYS:
JICA sanctions Rs 4,062-cr soft loan for Delhi Metro phase II
Money to be used for development of Phase-II of the Metro corridor. New Delhi, April 1 The Delhi Metro Rail Corporation (DMRC) has been sanctioned a loan of Rs 4,061.81 crore from Japan International Cooperation Agency (JICA) for the development ...
AIRLINES:
Air Asia plans to expand operations
To launch second daily Tiruchi-Kuala Lumpur service. New Delhi, April 1 The Malaysian low-cost airline, Air Asia, not only plans to launch a second daily service between Kuala Lumpur and Tiruchi from October this year but also plans to expand ...
AIRLINES:
Bridge to flight
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SHIPPING/PORTS:
Shipyards to get subsidy dues
New Delhi, April 1 Several shipyards will receive subsidies amounting to Rs 5,100 crore over the next few years. The amount is due under the shipbuilding subsidy scheme of the Government that lapsed on August 15, ...
RAILWAYS:
Western Railways posts 14% hike in cargo handling
Mumbai, April 1 Western Railways bucked recessionary trends by notching up a 14 per cent hike in cargo throughput, at a time when even major ports are facing a fall in ...
AIRLINES:
Routes Asia awards announced
Hyderabad, April 1 The Rajiv Gandhi International Airport (RGIA) has won the Routes Airport Makreint Award at the seventh edition of Routes Asia 2009 held here. Mr Kiran Kumar Grandhi, Chairman (Airports) of GMR, and Mr P S Nair received ...
AIRLINES:
SpiceJet mulls launching international services
SpiceJet Ltd, a low-cost airline company, has denied talks with GoAir for either a merger or to acquire a controlling stake, terming the reports as speculation. It, however, said that it would look at acquisition when the environment turns ripe ...
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