The Hindu Business Line : Friday, May 31, 2002

Qatar pulls out of Gulf Air ownership
QATAR, one of the four founding partners of Gulf Air, has pulled out of ownership of the airline. The decision to relinquish ownership was disclosed in Abu Dhabi, following an extraordinary meeting of members of the board of the airline. The ... More

SHIPPING

Hike in sea freight to US
SEA freight to the US from India has increased by over $500 per TEU (twenty-foot equivalent unit), or a 20-foot container, in the last one month. This follows the introduction of a General Rate Increase (GRI) by shipping lines operating in and ... More

Ministry seeks security clearance of SCI bidders
THE Ministry of Disinvestment has sought security clearance of all the seven bidders who are in the fray for acquiring a controlling stake of 51 per cent in Shipping Corporation of India (SCI). "Being the national flag carrier which transports ... More

ROADWAYS

Govt shelves ELRTS project -- Alternative plan under consideration
THE Bangalore ELRTS (Elevated Light Rail Transport System) project is off, the Chief Minister, Mr S.M. Krishna, today said ending a two-year-long suspense on the non-starter project. The project is economically unviable and would not touch all ... More

Trucks stranded at Petrapole
MORE than 1,000 trucks carrying exports worth several crores of rupees to Bangladesh by land route have remained stranded at Petrapole, the last border point, for the past few days as a sequel to indefinite strike called by the CITU-affiliated ... More

Ships in Ports

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Fiscal deficit set to end closer to 6 pc -- Rs 10,000-cr revenue shortfall seen

Sharp rise in domestic prices -- Tyre makers seen importing rubber

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