The Hindu Business Line : Saturday, November 26, 2005

ATF prices to be reduced from Dec 1 — Airlines yet to decide on lowering fares
THE domestic prices of aviation turbine fuel (ATF) are to be reduced from December 1 but most of the major airlines are yet to firm up plans on reducing the fares. The Director (Finance) of Indian Oil Corporation, Mr S.V. Narsimhan, on ... More

Air India launches direct Dubai-Pune service
AIR India on Thursday announced the launch of non-stop flights between Pune and Dubai beginning December 12. The new flight, AI-719-718, will be operated on the Mumbai-Pune-Dubai-Pune-Mumbai route with 201-seater Airbus 310 aircraft on ... More

Kotak's IGF picks up 10% stake in Paramount Airways
THE India Growth Fund from Kotak Mahindra Group has picked up 10 per cent stake in Paramount Airways, the Coimbatore-based low cost carrier, according to reliable sources. Bennett, Coleman & Company Ltd has also picked up a minority ... More

Bird designing Web site on domestic airlines
THE Bird Group plans to launch a new Web site that would enable passengers to book tickets on most domestic airlines at one place rather than go to the site of the individual airline, the Group Executive Director, Mr Ankur Bhatia, said here on ... More

INFRASTRUCTURE

Russia keen to participate in Iran-Pak-India pipeline project
RUSSIA on Friday said that it was willing to participate in the proposed Iran-Pakistan-India (IPI) pipeline project. Also, the Russian gas major, Gazprom, was ready to invest in the multi-million dollar project. Expressing eagerness on the ... More

SHIPPING

Kochi port receives largest dry bulk parcel
THE Kochi port has received the largest-ever dry bulk parcel of 50,000 tonnes of rock phosphate on m.v. Tera, which arrived from the Casablanca port in Morocco. This surpasses the previous record of largest dry bulk vessel of 44,600 ... More

RAILWAYS

RailTel in talks with banks for ATMs at stations
USING the robust bandwidth it created in the last few years, RailTel has decided to facilitate ATMs (automated teller machines), cyber cafes and call centres at major railway stations. "We are holding discussions with banks," Mr K.K. Bajpeyee, ... More

Foodgrain merchants welcome Rly survey
THE Tamilnadu Foodgrains Merchants Association has welcomed the commissioning of the survey on Tuticorin-Chengalpattu double line project by the Southern Railway. In a statement here, the Association Secretary, Mr P. Subash Chandra Bose, said ... More

Delhi passenger reservation system to remain closed
NEW DELHI: The Delhi Passenger Reservation System would remain closed from 10.30 p.m. on November 26 to 5:30 a.m. on November 27, on account of maintenance of hardware and software. "As a result some facilities would remain suspended ... More

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