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Friday, June 04, 2004

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AIRLINES
AAI staff, Left parties oppose move to privatise airports
THE Left parties and the Airports Authority Employees Union (AAEU) have taken to the streets on the "airport privatisation" move. Addressing a meeting of the Employees Union, the CPI (M) Polit Bureau Member, Mr Sitaram Yechury, told the ... More

Cabinet to review airport FDI cap
THE announcement by the Minister of Civil Aviation, Mr Praful Patel on Wednesday that the foreign direct investment (FDI) cap has been fixed at 49 per cent for privatisation of Mumbai and Delhi airports is likely to come up for a review by the ... More

Unions may raise pitch over airport issue
COME Saturday, the Finance Minister, Mr P. Chidambaram, could be feeling the heat generated by the recent decision of the Government on lowering Foreign Direct Investment (FDI) for airport modernisation that has left the door open for the ... More

SriLankan flying high over Kerala skies
ACCOLADES were showered on agents from Kerala for taking SriLankan Airlines to its present heights. At a colourful ceremony in Colombo, travel agents from Kerala were honoured with gold, silver and bronze medals. Addressing the gathering, Mr ... More

SHIPPING
Transporting containers at Mumbai Port — TAMP clears ad-hoc ceiling rates
THE Tariff Authority for Major Ports (TAMP) has accorded ad-hoc approval to the proposal submitted by Mumbai Port Trust to levy charges for transportation of containers between the vessel side and container yard or vice versa. In the case of up ... More

Kolkata-Colombo freight rates set to go up
THE cost of shipments between Kolkata/Haldia and Colombo is set for a jump. The feeder operators active on the route have decided to hike the freight as well as the fuel additional with effect from June 15. The freight will be hiked from the ... More

TRADE & LABOUR UNIONS
Chennai port stir hurts Tirupur cargo
THE on-going strike by the workers of the private port, the Chennai Container Terminals Ltd (CCTL), has affected the garment shipments from knitwear town of Tirupur in a limited way, although bulk of the Tirupur garment consignments are shipped ... More

RAILWAYS
Coimbatore rail users place various demands on track
WILL the induction of Mr R. Velu as Minister of State for Railways bring some cheer to the people of Coimbatore? Will the railway administration meet some of the long-felt needs of the people here, the second largest industrial city in Tamil ... More

Rlys braces for fuel price hike
THE hike in petroleum product prices is yet to take place, but the Railways is already bracing up for it. Depending on the quantum of the hike, the Railways' fuel bill could go up by about Rs 200-500 crore. "We cannot comment on what the impact ... More


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Top Stories
Indian demand for gold jewellery up 21% in Q1


IBA alert on misuse of cheque book facility

Software revenue to grow 35 pc — Pricing levels have stabilised, says Nasscom chief

Decision to deregulate urea supply to come under scanner

Uniform MRP for drugs likely soon

April spices export doubles on surge in chilli shipments

Why not review panel on lending rates?

Looking back
May. 23-May. 29
Terms for airport modernisation in for review?

Rlys to make bio-diesel viable — Trains to run on vegetable, used frying oil

Shipping stocks manage to weather the storm

AI board meet may consider low-cost airline

SCI to steam ahead with sell-off out of the way


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