LOGISTICS
AIRLINES
Gulf-based airlines prefer Kozhikode
Close on the heels of starting the Gulf service by Jet Airways from Kozhikode, the city has emerged as a favourite destination for several Gulf-based airline companies. Air Arabia, the low-cost carrier in the West Asia and North Africa, ...
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INSIGHT
Falls short of the extra mile
RAILWAY BUDGET 2008-09
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Some signposts, not a clear road map in Rail Budget
In the past four years, Indian Railways transported an additional 233 million tonnes (mt) of originating freight traffic and in the next four years, it proposes to handle an additional 310 mt. How it is going to be achieved is not clear from ...
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Rail Budget: How to have the cake and eat it too
New Delhi, Feb. 26 Predictably, the Indian Railways has not dampened its ardent admirers that it would continue with its now legendary reputation of how to run a massive transport network of men and material without effecting any price ...
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Freight first!
There is good news and there is bad. The good news is that at last the Railway Minister, Mr Lalu Prasad, has given the badly needed thrust for the freight business and got a master plan prepared for augmentation of line capacity on the vital ...
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Integrated approach, quality audits
Improve passenger experience with…
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Budget politics
There is no denying that documents such as the Railway Budget and the Union Budget have a final impact on the average citizen, that is, someone who does not run a business, does not invest on a large scale, and is more likely than not a ...
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Railway Budget: Record outlays may benefit a host of cos
Growth initiatives appear promising
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RAILWAY BUDGET
Rlys to mop up Rs 7,200 cr in 2008-09
New Delhi, Feb 26 Indian Railways plans to mop up Rs 7,200 crore funds from the market though IRFC and RVNL in 2008-09. Indian Railway Finance Corporation (IRFC), the finance mobilisation arm of Indian Railways, would have to raise a ...
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Oil marketing cos to save Rs 90 cr on lower freight
Retail prices may remain same
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Freight cut on fly-ash buoys cement cos
Mumbai, Feb 26 Reduction in freight charges on fly ash appears to have enthused cement companies. This apart, industry also welcomed the proposal to set up new bulk handling facilities for cement transportation with private participation and ...
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‘Railways eyes PPP mode for non-core biz’
To generate Rs 4,000 cr from commercial use of surplus land: Financial Commissioner
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Booking of tickets through mobile phone soon
IT companies may benefit from budget measures
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Wagon leasing policy hailed
Mumbai, Feb. 26 Even though the private container train operators did not get everything they had sought from the Railway Budget, they appear to be upbeat that the rail container freight sector will get a leg-up from the Budget.Most of ...
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Rlys earnings from iron ore traffic may rise 44.56% this fiscal
New Delhi, Feb. 26 The Government’s official stance is aimed at discouraging iron ore exports, but this has turned out a bonanza for Indian Railways. IR expect the earnings from moving iron ore to touch Rs 3,948.14 crore (as per the ...
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Railway sees Rs 1 lakh cr investment in PPP projects in 5 years
New Delhi, Feb. 26 Out of a total planned investment of Rs 2,50,000 crore over the next five years, Indian Railways is expecting to attract Rs 1,00,000 crore investments through public-private partnership (PPP). The Ministry is ...
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‘Reclassify iron ore tariffs’
New Delhi, Feb. 26 The domestic steel industry has found the Railway Budget 2008-09 “balanced and forward looking” and complimented the Railway Minister for developing corridors for iron ore and coal to meet the growing needs of ...
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Satyam, Infosys in pursuit of large railway deals
‘IT infrastructure upgrade offers great opportunities’
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Airline industry not worried over Rly fare cut
‘Difference in travel time holds the key’
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Kernex sees potential for rail safety systems
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Vizag to Hyderabad Garib Rath
Reacting to the Railway Budget, Mr T. Subbarami Reddy, Union Minister of State for Mines, said here in a press release on Tuesday that the introduction of the garib rath from Visakhapatnam to Hyderabad was a welcome move. He said the Union ...
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Private wagon makers welcome Railway Budget
‘Cos will have to gear up to meet greater demands’
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Chambers hail Budget as good for ‘aam aadmi’
Welcome steps to boost infrastructure in NE region
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‘Coach factory in Kerala may help Coimbatore units’
Coimbatore, Feb. 26 The railway budget has yet again skirted Coimbatore in terms of introduction of new services or any new night train service connecting this industrial city with either Bangalore, as demanded by the business class, or with ...
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Railway Budget: Boost to AP logistics sector
Secunderabad station set to become world-class
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‘Boost for stainless steel industry’
“We do not see any reduction in freight charges and the announcement to go in for stainless steel coaches by 2010-2011 is definitely a boost to the industry,” said Mr Seshagiri Rao, Director Finance, JSW Steel Ltd. However, Mr Rao ...
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Chambers give the thumbs up to proposals
New Delhi, Feb. 26 India Inc rated the Railway Budget 2008 high, with the Confederation of Indian Industry (CII) welcoming the scope for public private partnership and the Federation of Indian Chambers of Commerce and Industry (FICCI) ...
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Railway Budget plans lauded
HUMAN RESOURCES
Rlys makes Rs 4,500-cr provision for 6th Pay Commission outgo
The Railway Minister, Mr Lalu Prasad, has made a provision of Rs 4,500 crore to meet the impact of the recommendations of the Sixth Pay Commission during the coming fiscal. Of this, Rs 4,000 crore would go towards covering the revised salary ...
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TRADE & LABOUR UNIONS
Airport employees' strike
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SUPPLY CHAIN MANAGEMENT
Allcargo ties up with Concor
Allcargo Global Logistics informed the Bombay Stock Exchange on Tuesday that it has entered into a joint venture with Container Corporation of India or Concor for setting up of container freight station and inland container depot at Dadri, ...
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EVENTS
Volvo Ocean Race: Kochi exempted from paying entry fee
Kochi, Feb. 26 Kerala’s tourism prospects have received a short in the arm with the organisers of the Volvo Ocean Race, exempting Kochi Port from paying the entry fee of €10 million for conducting the race here. The ...
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RAILWAYS
Lalu extends concessions, goes for more traffic share
The moderniser offers mobile ticket booking, ‘discharge-free’ green toilets
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Highlights: Cash surplus at record high
• Double digit growth in traffic earnings maintained in first nine months.• Growth in passenger earnings 14%.• Expected growth in goods earnings 14%.• Gross traffic revenues 16% higher than the ...
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No hike in fares; host of benefits to passengers
7% cut in AC first class, 4% in AC second class during lean season
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