The Hindu Business Line : Friday, January 18, 2002

Role for foreign airlines in management -- FDI in aviation may be hiked to 49 pc
THE Government is close to finalising a proposal to permit a higher foreign direct investment (FDI) of 49 per cent in the domestic civil aviation sector and also to allow foreign airlines to participate in the setting up of and management of ... More

SHIPPING

P&O Nedlloyd to open IT support centres
P&O Nedlloyd, a container shipping company, is opening support centres in Pune and Chennai for its global business. A new company, P&O Nedlloyd IT Services Pvt. Ltd, has been set up as a 100-per cent subsidiary of P&O Nedlloyd, London, to operate ... More

Privatisation of ports -- Talks with port, dock federations today
THE Union Minister of Shipping, Mr Vedprakash P. Goyal, has invited the representatives of the five major federations of port and dock workers for discussions at Mumbai on Friday in pursuance of the decision taken by the federations to observe a ... More

Mitsui-led group close to clinching loan deal -- Petronet LNG tanker project
THE Mitsui O.S.K.Lines-NYK Line-K Line-Shipping Corporation of India consortium is close to striking a deal with five leading global banks for a $285-million loan at 225 basis points above Libor to part-fund its LNG shipping contract with ... More

GENERAL INSURANCE

Ansari panel report likely by month-end
THE Committee for Rationalisation of Motor Insurance Tariff (the Ansari Committee) is expected to submit its report by the month-end, the committee head, Mr H. Ansari, told Business Line on Thursday. While Mr Ansari did not divulge any ... More

SUPPLY CHAIN MANAGEMENT

Blue Dart Q3 net declines 10 pc
MUMBAI: Blue Dart Express Ltd has ended the third quarter of 2001-02 with a 10-per cent fall in net profit at Rs 6.4 crore as compared to Rs 7.08 crore in the year-ago period. Net sales stood at Rs 73.14 crore against Rs 66.72 crore in ... More

E-tapaal to bridge digital divide
BANGALORE: E-tapaal, an e-mail and messenger services in Indian language, has been launched with the objective of taking the IT-enabled service to the common people. Initially, the e-mail service will be available in English and ... More

ROADWAYS

`Sky bus' plan for Kochi city under study
KONKAN Railway Corporation Ltd (KRC), in association with Marshals' Corporate Group (MRG), Bangalore, will prepare a detailed project report to establish the techno-economic feasibility of the proposed Sky Bus Metro service in Kochi. A ... More

Ships in Ports

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