The Hindu Business Line : Saturday, May 18, 2002

PM writes to Blair on slots for AI at Heathrow
THE Prime Minister, Mr Atal Bihari Vajpayee, has written to his British counterpart, Mr Tony Blair, on the issue of Air India getting proper slots at the Heathrow airport, the Minister for Civil Aviation, Mr Syed Shahnawaz Hussain, said here on ... More

IA plans new ticketing policy for travel agents
INDIAN Airlines plans to delink the issuance of tickets from the bank guarantee given by travel agents. If this comes through, travel agents can sell on Indian Airlines to the maximum of their potential without restrictions. Earlier, agents ... More

IA reschedules flights

SHIPPING

Third-party loan to meet SCI share for Greenfield
The third-party loan comes after SCI decided against contributing a bridge loan of $33 million either in cash or by way of bank guarantee on a request from Mitsui and the Oman Government to retire the original senior loan of $110 million taken from a consortium of banks. More

Shipping bodies reduce war risk surcharges
AT least three major shipping conference have lowered their war risk surcharges following reduced insurance premia. The revised surcharges came into effect from May 14. Thus the member lines of the India,Pakistan,Bangladesh and Ceylon (IPBC) ... More

Port trusts results in new format
ALL major port trusts will have to report their financial results in a new format for the fiscal year ending March 2003. They will also have to follow a new "commercial accounting system'' based on the Billimoria Committee's recommendations, Mr ... More

SUPPLY CHAIN MANAGEMENT

Postal dept allowed to offer e-enabled services
THE Union Communications Minister, Mr Pramod Mahajan, introduced the Indian Post Office (Amendment) Bill, 2002, in Parliament on Friday, proposing comprehensive changes to the Indian Post Office Act, 1898 (IPO Act). The Bill, among others, ... More

ROADWAYS

Rs 1,200-cr road safety fund on the cards
THE Kerala Government will shortly set up a Road Safety Fund with a corpus of Rs 1,200 crore which will be utilised to improve road safety aspects in the State. This is being mooted as part of a major drive to prevent road accidents, the ... More

Traffic monitoring
A youngster monitors traffic flow in Bangalore. Echo, an NGO which adopts destitute and poor youngsters like him from various parts of the State, provides training to them in association with the Traffic Police Department. ... More

Ships in Ports

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US-64

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