LOGISTICS
AIRLINES
Singapore team in India to assess ground handling
MODALITIES pertaining to the setting up of a joint venture between Indian Airlines (IA) and Singapore Air Terminal Services (SATS) for ground handling activity at international airports in India are expected to be finalised after a due diligence ...
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SHIPPING
3 east coast ports told to cut charges for container ships — Bid to wean away traffic from Colombo port
THE Shipping Ministry has directed the major ports of Tuticorin, Chennai and Cochin to cut their vessel-related charges and bring it on a par with the rates prevailing at Colombo port, a move that is expected to trigger a rate war between the ...
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ALLIANCES & JOINT VENTURES
Concor plans joint venture with Indian, Nepalese cos
THE Container Corporation of India (Concor) is to soon float a joint venture company in partnership with two firms — one Indian and the other Nepalese — having experience in handling transportation and clearance of bulk and ...
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RAILWAYS
Railway OFC project gains momentum
SETTING up of the high-speed railway control communication through optical fibre cable (OFC) system at Sealdah division (Sealdah North mainly) of Eastern Railway has gathered fresh momentum. Some 220 km of OFC have already been laid in ...
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Electrification work on Thiruvalla-Chengannur sector: Trains to be diverted
THIRUVANANTHAPURAM: In view of the railway electrification work on the Thiruvalla-Chengannur sector, the railway authorities have announced the diversion of certain trains on March 13. According to an official press release, train ...
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ROADWAYS
Used truck financing: Untapped potential
BANKS and finance companies are flush with funds; traditional lending opportunities are still not big. But look around, you will find absorbing markets. Here is one: the market for used vehicles. There is an opportunity to lend Rs 20,000 crore ...
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Ports
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