The Hindu Business Line : Tuesday, February 21, 2006

Jet Airways to raise $800 m through FCCB, GDR issues
JET Airways plans to raise $800 million through a combination of Foreign Convertible Currency Bonds and Global Depository Receipts, the airline Chairman, Mr Naresh Goyal, has said. "We plan to raise $500 million through FCCB and another $300 ... More

AIRLINES

IA signs deal with Airbus — To purchase 43 new aircraft
THE four-year wait for the state-owned carrier Indian Airlines to acquire new aircraft ended on Monday. The airline signed an agreement with the European aircraft manufacturer Airbus Industrie for buying 43 new aircraft. The agreement was ... More

Jet Air goes veg
JET Airways said it would serve vegetarian meals and snacks on flights with immediate effect. "As a precautionary measure, Jet Airways has decided to temporarily discontinue serving chicken and egg dishes on all flights. However, the in-flight ... More

INSIGHT

Mr Lalu Prasad and his horses
"IF YOU do not milk the cow fully, it falls sick," announced sagely Mr Lalu Prasad, who as the Minister for Railways is responsible for the efficient and safe working of this behemoth, which employs 1.7 ... More

SHIPPING

Vizag coking coal handling at new high
THE Visakhapatnam port has handled 69.99 lakh tonnes of coking coal during the current financial year till now, surpassing the previous best of 65.17 lakh tonnes handled during 2004-2005. According to a press release issued by the port ... More

Record handling of urea at New Mangalore port
THE New Mangalore port handled a record quantity of 8,507 tonnes of urea in a day on February 17, surpassing the earlier record of 5,713 tonnes of urea handled on October 21, 2005. A press release by the New Mangalore Port Trust (NMPT) said ... More

Ocean Paradise berths at Mangalore
THE newly built deep-draught general cargo berth at the New Mangalore port has become fully operational with m.v. Ocean Paradise berthing there. With the commissioning of this berth, the total handling capacity of the port has increased ... More

Paradip-Ennore route — Coal shipments set to decline as 2 colliers go for dry-docking
With only one of the three dedicated colliers being in service, the Paradip Port has to depend to a large extent on topping up operation for coal shipments. More

Master Shipyard delivers workboat for Leela Hotels
MASTER Shipyard Private Ltd, an associate company of the Kochi-based Lots Shipping, has delivered an all-purpose workboat for the Leela Hotels at Udaipur for the movement of passengers and cargo. Built like a mini junkar at a cost of Rs 7 ... More

RAILWAYS

Railways launches reward points programme for net-savvy passengers
IF you are a regular, Internet friendly traveller in the high-end AC segments of the Indian Railways, you could now earn reward points on your travel and use them to buy a ticket in those very segments! The points are awarded for all ... More

IPOS

Air Deccan board meets in March to decide on IPO timing
THE Air Deccan board will meet in Bangalore in the first week of March to decide on when the airline should enter the market with its IPO, according to Mr G.R. Gopinath, Managing Director. "The board will take a view on when to enter the ... More

Ports

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