The Hindu Business Line : Wednesday, April 27, 2005

Air India board chooses Boeing
50 planes to cost Rs 30,000 cr; in-principle nod for IPO
THE Air-India board on Tuesday approved acquisition of 50 Boeing aircraft of three different types at an estimated cost of Rs 30,000 crore. The airline is buying new aircraft after a gap of nearly 10 years. The board also accorded an ... More

End of a decade-long wait for Air India
AFTER a gap of close to a decade, Air India (AI) has finally moved closer to acquiring 50 brand new Boeing aircraft including the soon to be launched Dreamliner — the Boeing 787. The AI board that met in Mumbai today cleared a proposal to ... More

Jet Air proposes London service
The company has also executed MoUs/LoI for taking on lease three aircrafts from South African Airways — one Airbus, one A 340-300E and another aircraft — that are expected to be delivered by May 1, May 15 and June 1, respectively. ... More

Air India Express set to launch first flight on Friday
THE new budget airline Air India Express (AIE) is all set to launch its maiden flight from Thiruvananthapuram to Abu Dhabi on April 29, but technical glitches continue to dog the efforts of passengers in the Emirate who have not yet been able to ... More

SHIPPING

Montenegro, India to collaborate in maritime sector
A DELEGATION led by Mr B. Gvozdenovic, Deputy Prime Minister of Republic of Montenegro, and Mr T.R. Baalu, Union Minister of Shipping, Road Transport and Highways, discussed areas of mutual co-operation and collaboration between the two countries ... More

Experts call for TAMP expansion
IN the backdrop of increasing private participation in the maritime sector, experts have called for wider regulations in the port sector. They also called for strengthening the Tariff Authority of Major Ports (TAMP). "In principle, the ... More

Shipping Ministry urged to carry out studies for Sethusamudram project
THE Bombay Natural History Society (BNHS) has urged the Shipping Ministry to carry out detailed studies before initiating further proceedings on the proposed Sethusamudram project, the much-awaited maritime shortcut between the East and West ... More

FINANCIAL PERFORMANCE

Blue Dart Q4 net up at Rs 9.55 cr
BLUE Dart Express has posted a net profit of Rs 9.55 crore during the fourth quarter of 2004-05 against Rs 7.27 crore in the year-ago period. Net sales for the quarter rose 28 per cent to Rs 121.21 crore (Rs 94.38 crore). Other income rose to ... More

SUPPLY CHAIN MANAGEMENT

DoP exceeds business target in AP
THE Andhra Pradesh Circle of the Department of Posts (DoP) has exceeded the revenue target for the year 2004-05, by earning Rs 96.84 crore, against Rs 94 crore that was set. The growth in earnings is in fact 60.26 per cent higher than that ... More

RAILWAYS

Rlys plans to revive `assisted siding' concept
THE Railways has decided to revive the concept of assisted siding, which was earlier in force but not any more. The revival move is in pursuant to the Railway Minister's announcement on liberalisation of the siding rules in the Rail Budget for ... More

Rly call centre to come up in Thiruvananthapuram
THE Thiruvananthapuram Division of the Southern Railway is planning to introduce a Centralised Integrated Enquiry System (call centre) which, when completed, will provide information on trains on the move on a real time basis. Announcing this ... More

Ships in Ports

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