The Hindu Business Line : Saturday, July 06, 2002

Jet Airways says `everyone can fly'
IN an effort to make travel by air more affordable for the common man, Jet Airways today announced a new promotion `Everyone can fly' which offers a major reduction in economy class air fares on select routes across the country. In almost all ... More

SHIPPING

MISC pulls out of SCI race; 4 in fray
MALAYSIA International Shipping Corporation Bhd (MISC) has pulled out of the race for acquiring a controlling stake of 51 per cent in Shipping Corporation of India (SCI), leaving the field now to four bidders. In an official communication sent ... More

Shipping venture for Petronet LNG — Mitsui-led consortium achieves financial closure
THE Mitsui O.S.K. Lines-NYK Line-K Line-Shipping Corporation of India consortium has signed a deal with five major global banks for a $285 million loan at 225 basis points above LIBOR to part-fund its LNG shipping contract for Petronet LNG Ltd ... More

ROADWAYS

NHAI dumps `shadow tolling'
``Unless the Union Cabinet gives a specific directive to test the shadow tolling concept, we will not go for this method of building highways'', Mr Hardeepak Singh, Member (Finance), NHAI, said. More

Kerala plans breathalyser tests for inter-State drivers
DRIVERS and crew of vehicles coming in from outside and seeking entry into Kerala would henceforth be subjected to breathalyser checks at the border posts and will be denied permission if found to be under the influence of alcohol. Stating this ... More

`Kerala Govt planning 20 overbridges within 1 year'
THE Kerala Minister for Public Works, Dr M. K. Muneer, has said that 20 Railway new overbridges will come up in the State within a one-year period from now. An official spokesman quoted the Minister as saying during a ceremony, which marked the ... More

Ships in Ports

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