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LOGISTICS
AIRLINES:
Goldman Sachs to invest $20 m in SpiceJet
New Delhi, Aug. 12 Goldman Sachs is to invest $20 million (Rs 76 crore) in the low cost airline SpiceJet by subscribing to equity warrants of the company under Securities and Exchange Board of India (SEBI) preferential issue ...
AIRLINES:
Nearly 600 cos expected to participate in Aero India ’09
CII is event manager for expo slated for Feb. Bangalore, Aug. 12 Aero India 2009 will have nearly 600 domestic and international armament companies taking part, according to the first official communiqué on the event that is exactly six ...
SHIPPING/PORTS:
I-T waiver for seafarers stressed at shipping meet
Need for more ship-building facilities also discussed. Kolkata, Aug. 12 The 110th meeting of the National Shipping Board was held at Paradip port on Tuesday. This was the last meeting of the present ...
AIRLINES:
NACIL signs $214 m as pre-delivery loans
Mumbai, Aug. 12 National Aviation Company of India Ltd (NACIL) announced on Tuesday that it has signed a pre- delivery finance loan facility for a sum of $214.118 million. ...
SHIPPING/PORTS:
Strike at Kochi port averted
The intervention of the State Labour Minister has averted yet another strike at Kochi Port by container trailer workers following a conciliatory meeting held with Trade Union Co-ordination Committee (container trailer section) here on Tuesday ...
E-COMMERCE & E-BUSINESS:
Travellers’ reviews now available on Cleartrip.com
Mumbai, Aug. 12 The online travel portal Cleartrip.com has announced its partnership with TripAdvisor, a global travel community. The arrangement would entail the online travel agency displaying hotel ratings and reviews written by travellers ...
MODERNISATION:
Viable project or white elephant?
Chennai airport expansion. The Tamil Nadu Government and the Airports Authority of India are going full steam ahead with the Chennai airport expansion plan. While the former seems unaware of the way Chennai airport looked during the monsoon in ...
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