The Hindu Business Line : Thursday, February 23, 2006

GoAir announces acquisition of 20 A-320 aircraft
GOAIR, the budget airline promoted by the Wadia family, has announced the acquisition of 20, A-320 family aircraft, valued at $1.2 billion (about Rs 5,300 crore). A press release here said the additional aircraft would allow it to expand ... More

No going back on budget airliner, says CM
THE State Government intends to persist with the Air Kerala budget airliner project despite the none-too-encouraging response it has elicited from the Centre. Announcing this to newspersons, the Chief Minister, Mr Oommen Chandy, said here on ... More

INSIGHT

Railways must shed baggage of the past
THE Railways' recent achievements in freight haulage are highly creditable. While more traffic is being lifted by the Railways than ever before, despite the barely improved wagon availability, it still has a long way to ... More

SHIPPING

Increase in oil moved from ice-bound regions — Shipping cos mull buying ice-class tankers
WITH an increase in demand for ice-class tankers, domestic shipping companies are exploring the possibility of increasing their ice-class ships, which are used to move oil to ice-bound regions. Ice-class tankers, which cost about $1.5-$2.5 ... More

`Pakistan' hits troubled waters in Lakshadweep
`PAKISTAN' has landed in trouble. The crew of a container feeder vessel that bears this name found themselves in the police net when they disembarked at Lakshadweep during a voyage on Tuesday. Some of the members of the crew, fascinated by the ... More

STOCKS

GE Shipping, Mercator Lines buoyant
A SECTION of investors boarded GE Shipping on expectation that the proposed demerger of offshore business would take effect this month. The stock registered a traded quantity of 30.25 lakh shares on the NSE and 10.52 lakh shares on the BSE. In ... More

MERGERS & ACQUISITIONS

Ministry nod for Jet Airways' Sahara acquisition soon
Sources said the acquisition did not come under the purview of Competition Act as the relevant provisions of the said Act were yet to be notified. More

TRADE & LABOUR UNIONS

KSRTC strike plan dropped
THIRUVANANTHAPURAM: Employees of the Kerala State Road Transport Corporation (KSRTC) have called off their plan to go on an indefinite strike from midnight on Wednesday. This follows an understanding reached after talks held between the ... More

ROADWAYS

`Bird flu scare results in Rs 200-cr loss to truckers'
As the scare spread, many States denied the entry of chicken and eggs in their territory and consequently, 70-80 per cent of the total truck fleet became non-operational at the major poultry and hatchery trading centres. More

Noida Toll Bridge to raise Rs 200 cr via GDR issue
NOIDA Toll Bridge Company Ltd (NTBCL), a special purpose vehicle promoted by Infrastructure Leasing & Financial Services Ltd (IL&FS), is planning to raise Rs 200 crore ($45 million) through GDR issue in March. The issue would have a greensho More

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Chicken prices crash 35 pc

`Bird flu scare results in Rs 200-cr loss to truckers'

Poultry insurance covers bird flu losses, clarify officials

IPO scam fall-out — CBI conducts search at Karvy, Vijaya Bank, BhOB premises

In Focus

Infrastructure woes stare IT sector