LOGISTICS
AIRLINES
New air charter policy hailed
THE Government's new liberalised charter policy for the civil aviation sector has been welcomed by trade and industry. The President of The Travel Agents Association of India, Mr Balbir S. Mayal, told Business Line that the new policy ...
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New cargo airline to hit skies in Feb
A NEW all-cargo airline, Crescent Air Cargo Services, is to take to the skies soon. The airlines Managing Director, Captain Deepak Parasuraman, told Business Line that the airline is to begin operations in February this year with three ...
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SHIPPING
Varun Shipping registers 259 pc increase in Q3
RIDING on the wave of an unprecedented freight market boom and the positive trend in the major world economies, Varun Shipping has reported a profit after tax of Rs 100.47 million for the third quarter of the current fiscal, as compared to Rs. ...
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Koodankulam port becomes operational
A MINI port at the Koodankulam nuclear power project site, the first port to come up in the Tirunelveli district, near here, became operational from January 14. The port has been established to receive barges carrying overdimensional ...
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RAILWAYS
`Non-availability of rakes will hinder export efforts'
THE shortage of railway rakes is going to hit the country's export efforts, according to Dr A.K. Chanda, Chairman of Kolkata Port Trust. The bid to export iron ore through the Kolkata Dock System (KDS) did not succeed so far in view of the ...
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Deccan Odyssey chugs out on maiden journey
WITH its lush, resplendent interiors and modern services like air-conditioned restaurant, conference car, gym and a business centre, Deccan Odyssey, India's latest luxury train, was flagged off by the Prime Minister, Mr Atal Bihari Vajpayee, at ...
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ROADWAYS
New road project to connect all major cities
THE Government has launched another Rs 40,000-crore project to connect all major cities by four-lane highways that are not covered under the National Highways Development Project (NHDP). Christened Pradhan Mantri Bharat Jodo Pariyojana ...
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