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AIR CARGO
Lufthansa Cargo levies new import handling charges
Chennai, May 20 Lufthansa Cargo has implemented new handling charges from May 1 on cargo imported into India. However, the trade is against this and wants the carrier to withdraw the charges immediately.The new charge will enhance the ... More

AIRLINES
HAL airport closing down commercial operations
Bangalore, May 20 It is official. The nearly 50-year-old HAL airport will close down commercial airline operations from the midnight of May 22/ 23.Bangalore’s new airport operator BIAL on Tuesday placed before the Karnataka High ... More

INFRASTRUCTURE
Bengaluru airport in take-off mode
‘All new systems tested for effective operations’ More

SHIPPING
Mercator Lines plans to acquire more oil rigs
More

SCI announces 1:2 bonus
The board of directors of Shipping Corporation of India (SCI) has recommended a bonus issue of shares in the ratio of 1:2 i.e. one bonus share for every two shares held. Since the company has huge reserves, the management has decided to utilise ... More

RAILWAYS
IRFC invites bids for raising Rs 1,000 cr
New Delhi, May 20 The Indian Railway Finance Corporation (IRFC), the finance raising arm of Indian Railways, has kicked off the borrowing plan for Railways’ assets this fiscal by inviting bids to raise up to Rs 1,000 crore from the ... More

Nokia Siemens’ GSM solution for North Central Rly
New Delhi, May 20 Nokia Siemens Networks today stated that it has implemented GSM Railways (GSM-R) communications solution under the Mobile Train Radio Communication project for North Central Railway. GSM-R or Global System for Mobile ... More

ROADWAYS
Unity Infra bags Rs 383-cr order
Unity Infraprojects Ltd has bagged an order worth Rs 383 crore from the Haryana State Roads and Bridges Development Corporation. A contract worth Rs 142.62 crore was awarded for widening and upgrading the Rai Nahra Bahadurgarh Road and ... More

OUTLOOK
Development agencies of British Midlands region eye Indian market
Bangalore, May 20 East Midlands Development Agency and Advantage West Midlands, the two regional development agencies of the British Midlands region, have set a priority for the Indian market, especially those who are keen on research and ... More

‘Airports set to convert realty into revenue’
Chennai, May 20 The development and privatisation of airports in the country could unlock a huge stock of realty thereby boosting non-aeronautical revenues for airports. If India’s privatisation of airports continue and the 47 ... More

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