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LOGISTICS
SHIPPING/PORTS:
Kochi port taxes stymie Louis Cruises’ India plans
The Kochi port may take the wind out of the sails of European cruise company Louis Cruises’ plans to make India one of its home ports from December, with the revenue-starved port planning to introduce passenger and service taxes ...
SHIPPING/PORTS:
Boat manufacturers concerned at questions on use of fibre glass
Call to set up agency to monitor boat building process. Kochi, Oct. 28 Boat manufacturers in the private sector in Kerala are worried over allegations from several quarters over the seaworthiness of fibre- glass boats following the recent boat ...
RAILWAYS:
¥2,606-m Japan loan for freight corridor project
New Delhi, Oct. 28 The Government of Japan has committed an amount of ¥2,606 million (Rs 130 crore at current exchange rate) for the engineering services loan under the dedicated freight corridor project (Phase-I), said an official ...
FINANCIAL PERFORMANCE:
Kingfisher Air prunes Q2 loss to Rs 418.77 cr
Bangalore, Oct. 28 Mr Vijay Mallya-owned Kingfisher Airlines’ losses for the second quarter of this fiscal were down to Rs 418.77 crore (Rs 483.25 crore) while income from operations fell nearly 14 per cent to Rs ...
AIRLINES:
Ministry approves aerial advertising
The blue skies over the country could soon become the latest space for advertising companies to fight over. The Ministry of Civil Aviation has given ‘in-principle’ approval to an Amritsar-based company to start aerial ...
INFRASTRUCTURE:
Work on new airport terminal apace in Kerala
The Airports Authority of India (AAI) is hopeful of commissioning the new terminal complex at the Thiruvananthapuram international airport by December as originally ...
ROADWAYS:
Traffic jam in Chennai
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AIRLINES:
Air India may hit air pocket again from Nov 1
Mumbai/New Delhi, Oct. 28 Air India’s operations could be disrupted again from November 1 with a section of employees threatening action over non-payment of productivity-linked incentive (PLI) dues. This could gather momentum with ...
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