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Second coming SCI had to shelve its buying plans all these years due to financial losses, tepid freight market and high asset prices
Second coming SCI had to shelve its buying plans all these years due to financial losses, tepid freight market and high asset prices

Shipping Corporation to buy LPG vessels

Amit Mitra

Shipping Corporation of India, which is returning to profits after three consecutive years of lo... »

S Railway announces change in train services today

Our Bureau

Southern Railways has made certain changes in the pattern of train services today. Due... »

Vistara looks East, to connect Delhi to Guwahati, Bagdogra from April

Our Bureau

Vistara is to start a daily flight on the Delhi-Guwahati-Bagdogra-Delhi route from April 2. »

INCOIS launches new product for shipping industry

Amit Mitra

Shipping companies can now save significant fuel on their ships, thanks to a new product unveile... »

SCI to buy LPG, offshore vessels for Rs 800 cr

Amit Mitra

Shipping Corporation of India, which is returning to profits after three consecutive years of lo... »

Logistics

Jet Airways to provide fare info on Twitter

Our Bureau

Jet Airways will now allow netizens to access information on fares and flight status in r... »

Logistics

‘Taxing port and airport construction unfavourable’

Our Bureau

Bringing construction and installation of airports and ports under service tax in the Budget 201... »

Logistics

Port privatisation move irks workers, unions

V Sajeev Kumar

Loss of jobs, wage structure change are major concerns »

‘Taxing port and airport construction unfavourable’

Our Bureau

Bringing construction and installation of airports and ports under service tax in the Budget 2015-16 will have a ‘nasty effect’ on the infrastructure sector, said K Vaitheeswaran, Advocate and Tax... »

Port privatisation move irks workers, unions

V Sajeev Kumar

Loss of jobs, wage structure change are major concerns »

SpiceJet says it has paid $10 m to three leasing companies

Ashwini Phadnis

SpiceJet claims to have paid $10 million to three lessors from whom the airline had taken six Boeing 737 aircraft on lease. Sources told BusinessLine that with the payment on Monda... »

Air India starts process for recruiting 197 pilots

PTI

National carrier Air India has initiated the process for recruiting 197 pilots, taking into consideration its fleet augmentation plans and retirements that will happen in the next two years. ... »

Ola hails TaxiForSure for ₹1,200 cr

Our Bureau

Ola on Monday bought rival TaxiForSure for $200 million (₹1,200 crore) in a cash-and-stock deal that will give the country’s largest taxi aggregator more muscle to take on global player Uber. ... »

`Dispute settlement system must for private participation in rail’

Suresh Prabhu

PTI

Railway Minister Suresh Prabhu today said that he is open to the idea of setting up a dispute redressal mechanism to facilitate the entry of private industry into the sector. “Private sec... »

Coal India board nod to East Corridor Rail project

PTI

The CIL board has given its in-principle approval to East Corridor Railway project that may see an investment of around Rs 2,500 crore to facilitate movement of passengers as well as freight, p... »

Govt takes port corporatisation plunge

Way to go Non-Major Ports such as Krishnapatnam (featured above) have shown good growth.

NK Kurup

More than a decade after it was recommended, the Centre has decided to corporatise all the ports owned by it, as announced in Saturday’s Budget. Of the 12 government ports, known as Major P... »

Uber drops tariffs by 40% across categories

Our Bureau

While e-commerce companies are busy doling out discounts to acquire more customers, why should the cab companies stay behind? Uber, the ride-sharing service, has been slashing its rates since the... »

Govt rules out privatisation, retrenchment in Railways

Suresh Prabhu

PTI

Railway Minister Suresh Prabhu today ruled out privatisation of Railways and retrenchment of the workforce, saying the public transporter was committed to protect the interests of the employees ev... »

Survey lauds PPP model of airport development

Sadbhav Engineering bags NHAI project worth Rs 459 cr

Aim is to reclaim market share in freight movement, says Rail Minister

Indian exporters opt for French port

Railways to procure power through competitive bidding; save ₹3,000 cr

Freight hike will hurt downstream industries

Mulayam Singh lauds Prabhu’s maiden budget

Freight hike will push retail prices by up to 6 paise

Jet Airways to provide fare info on Twitter

Our Bureau

Jet Airways will now allow netizens to access information on fares and flight status in real-time through Twitter. The carrier has collaborated with Twitter and technology partner, T... »

Malaysia Airlines offers discounts, deals for events

Our Bureau

Malaysia Airlines offers discounts up to 30 per cent for travellers from India on its worldwide network. According to a press release from the airline, the travel validity is up to December 31, 20... »

Protest brewing up against corporatising major ports

Our Bureau

Protest is brewing up in the port sector against the budgetary proposal to corporatise major ports, as the workers fear that the move would affect them adversely. Concerned over the decis... »

Measures in place to expedite railway electrification: Govt

PTI

To expedite electrification of railway lines, the government today said it has put in place better project monitoring mechanism besides giving more powers to field units for award of contracts, am... »

Delhi Metro: Seventeen additional trains

PTI

The induction of 17 trains into the services of Delhi Metro from Monday offer the commuters a slight respite from the constant jostling for space, especially during the peak hours in the evening.<... »

ATF price hiked by 8.2%; non-subsidised LPG to cost Rs 5 more

Jet fuel price was today hiked by a steep 8.2 per cent while the rates of non-subsidised LPG was increased by Rs 5 per cylinder

PTI

Jet fuel price was today hiked by a steep 8.2 per cent while the rates of non-subsidised LPG was increased by Rs 5 per cylinder on firming international oil rates.The price of aviation turb... »

Aviation gets a flat deal as allocation nosedives

Our Bureau

Air India provided ₹2,500 cr »

Budget delivers a mixed bag for aviation, Air India gets ₹2,500 cr

Our Bureau

The Budget has delivered a mixed bag for the Indian aviation sector. Air India has been provided ₹2,500 crore as against its request for ₹ 4,277 crore. The funds have been provided despit... »

AirAsia cuts losses to ₹22 crore in Q3

Our Bureau

AirAsia has reduced its losses in its Indian operations by 24 per cent to around ₹22 crore on a sequential basis for the quarter ending December 2014. The ₹22 crore includes the ₹20 cror... »

Link public support to Railways with reforms: Survey

PTI

Suffering for a long time from underinvestment, Indian Railways need greater public investments but the support should be clearly linked to reform of the organisation structure. Public in... »

Commoners wave green flag to rail budget

Airbus to cut A330 production rate from 2016

More a boardroom presentation, less a speech

Merchants’ chamber hails emphasis on technology, increased connectivity

Smart cities: Kochi port may get a new lease of life

Now, order food for a train journey online!

Now, Railways looks beyond budgetary support for funds


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