The Hindu Business Line : Monday, December 05, 2005

SriLankan to increase flights to India
INDIA figures prominently in the new business plan being drawn up by the national airline of Sri Lanka, SriLankan, the airline Chief Executive Officer, Mr Peter Hill, has said. "We would like to increase flights to the existing destinations and ... More

Air-India announces introductory fares on Pune-Dubai sector
AIR-INDIA, which has announced the launch of services on the Pune-Dubai sector effective December 12, has come up with introductory fares of Rs 5,475 (plus taxes) one-way and Rs 12,105 plus taxes for a return trip. The offer is valid for travel ... More

INFRASTRUCTURE

Airports revamp plan: `Deadline in awarding contracts will be met'
THE process for modernisation and restructuring of Delhi and Mumbai airports is on track and the December 31 deadline for awarding the contract for both the airports will be met despite the Inter Ministerial Group meeting held here on Friday ... More

SHIPPING

Mattanchery Wharf caves in to ravages of time and neglect
THE non-implementation of the Ninth Plan schemes suggesting replacement of Mattanchery Wharf seems to have led to the caving in of the Q-4 berth recently. If the schemes envisaged in the Ninth Plan, which included ... More

Liner trade — Loads of opportunities
THE NATURE of liner shipping services to and from India has undergone a sea change in the last few years in the wake of the growth in break-bulk and conventional cargoes. And with the nature of goods being shipped ... More

Finance Ministry awaits proposals from IWT sector
THE Union Finance Ministry, which has set aside Rs 1,500 crore for funding infrastructure projects, is yet to receive a single proposal from the inland water transport (IWT) sector this fiscal. This was revealed ... More

MERGERS & ACQUISITIONS

Temasek raises stake in P&O
Temasek, the Singapore investment group, is understood to have raised its stake in P&O, sparking speculation that it may make a bid rivalling the one made by D P World of Dubai. Meanwhile, reports have it that PD Ports is the latest takeover ... More

SUPPLY CHAIN MANAGEMENT

GAC opens office in Bangalore
GAC India, the logistics service provider, has opened an office in Bangalore. This is the 19th Indian office of the company.

RAILWAYS

For Railways, steel may indeed be worth its weight
THE National Steel Policy (NSP) envisages an increase in the production of steel from the present 38 million tonnes (mt) to 110 mt in 2019-20, with an annual growth rate of 7.3 per cent. The estimates are based on the ... More

Lalu seeks more funds for mega projects
THE Union Minister of Railways, Mr Lalu Prasad, has projected the need for additional allocation of funds for national railway projects in Jammu and Kashmir and North Eastern region, and mega bridge projects. During a meeting with Deputy ... More

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