The Hindu Business Line : Wednesday, May 14, 2003

IA launches super saver schemes
THE State-owned Indian Airlines (IA) has introduced two new schemes — Super Saver 4 and Super Saver 8 — which provide huge saving in travel cost to the passenger. Both the schemes starting from May 15 are to remain in force till ... More

Air Sahara daily flight in Kolkata, Mumbai sectors
AIR Sahara plans to introduce a daily flight on the Kolkata-Bhubaneshwar-Mumbai sector from May 21. In a statement, the airline has said that while the new flight will be operated with a Boeing 737 aircraft, plans are also afoot to operate a ... More

SHIPPING

Raise depreciation rate for shipping, says TERI report
THE need for raising the rate of depreciation for the shipping industry to facilitate financing of fleet replacement and ensure addition of new tonnage to the Indian fleet has been brought to the fore by a study undertaken by Tata Energy and ... More

Chennai port focuses on cruise vessels service
THE Chennai Port Trust (ChPT) is trying to make the Chennai port as a cruising destination even as it has invited an expression of interest (EoI) to upgrade and modernise shore facilities at a berth to serve as a `cruise terminal'. A ChPT ... More

Breakwater work to resume at Azhikkal port soon
THE suspended work of the breakwater construction in the riverine port of Azhikkal will commence soon as the State Government has initiated steps in this direction as part of developing the port as an `all-weather port' with private ... More

RAILWAYS

Rlys to buy more stainless steel wagons in current fiscal
THE Railway Board has a proposal to buy more stainless steel wagons in the current financial year (2003-04). Earlier the plan was to acquire 250 stainless steel wagons; the figure, it is now learnt, may rise to 500. The proposed acquisition will ... More

Centre to pick up equity in all metro projects
"The Central Government would be an equity partner in all future metro projects in the country. The feasibility report for Hyderabad metro will be submitted by the end of this month." More

ROADWAYS

BPCL's tank lorry hits roadblock
EFFORTS of Bharat Petroleum Corporation Ltd (BPCL) to roll out India's biggest tank lorry have hit a roadblock, with the Department of Explosives, threatening to throw a spanner in the works by refusing permission to the oil company to transport ... More

Traffic congestion
Lack of proper infrastructure for roads corresponding to increase in vehicle population is responsible for this predicament in Ernakulam North.