The Hindu Business Line : Thursday, September 19, 2002

Air India to purchase 17 long-range aircraft
THE board of directors of Air India today approved the purchase of 17 long-range aircraft, a shopping list that could be billed upwards of $2.5 billion. An airline official, however, said the cost of acquisition would be known only after the ... More

Air Sahara plans 3 daily Chennai-Mumbai flights
AIR Sahara, which has seen a huge growth in its market share across all sectors, especially Bangalore and Kolkata, plans to launch thrice-a-day flight on the Mumbai-Chennai sector shortly. "We are now the market leader from both Bangalore and ... More

SHIPPING

Modified subsidy policy to cover private shipyards
The subsidy is intended to provide a level playing field based on the assumption that the shipbuilding industry the world over is subsidised by governments through hidden or direct subsidies. More

Merger of unviable plots to boost Alang's fortunes
THE world's largest ship recycling yard here is all set to enter a new era with the decision to go for amalgamation of the small and unviable plots that had led to much cluttering at Alang in the past eight years. The decision was ratified by ... More

Fewer ships calling at Kochi port now
The shrinking number of cruise vessels calling at Kochi port and the fall in the number of foreign tourists visiting the State are a telling reminder of that day. More

SUPPLY CHAIN MANAGEMENT

After parting with Blue Dart — FedEx signs pacts with Pafex, Jeena
INTERNATIONAL courier services company Federal Express Corporation (FedEx) has signed a pick-up and delivery services agreement with Prakash Airfreight Pvt. Ltd (Pafex). The company has also roped in Jeena & Company for providing nation-wide ... More

RAILWAYS

Rlys told to take its cue from road sector for funds
THE Finance Secretary, Dr S. Narayan, today asked the Indian Railways to take a cue from the road sector and consider innovative methods of financing of rail routes which are comercially viable. "The Railways can take a leaf from the roadways ... More

Ships in Ports

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