LOGISTICS
AIRLINES
Ministry unlikely to roll back FDI cap on airports revamp
THE Ministry of Civil Aviation is unlikely to roll back its decision of capping the foreign direct investment (FDI) at 49 per cent for modernisation and restructuring of the airports at Delhi and Mumbai. Official sources told Business ...
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L&T in 2 consortia to bid for metro airport projects
LARSEN & Toubro, which successfully bid for the greenfield Bangalore international airport project along with Siemens and Zurich airport, is going to be part of two consortia that will bid for the privatisation and modernisation projects of ...
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Jet Air to levy fuel surcharge on global flights
THE private sector domestic airline, Jet Airways, on Friday announced that it would levy a fuel surcharge on all international flights originating from anywhere in the country. In a statement, the airline said that for travel to Sri Lanka from ...
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SHIPPING
Kochi port awards annual dredging work to Jaisu Shipping
THE Kochi Port has awarded the contract for annual maintenance dredging work for the year 2004-05 to the Kandla based Jaisu Shipping Company for an amount of Rs 27 crore. When compared to the contract of the previous year, the contract value ...
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`Traders at CCTL mercy'
HOW can a service provider who falls short on providing service penalise his customer? This is the question that exporters and importers ask of Chennai Container Terminal Ltd, which, following a strike by its workers, is levying a demurrage on ...
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Visakha Containers to offer discount on shipments diverted from Chennai
VISAKHA Container Terminal Pvt Ltd (VCTPL), the joint venture company that runs Visakhapatnam port's modern container terminal, is to offer concessional rates to those diverting their imports/exports to Visakhapatnam port from Chennai in view of ...
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Kochi port re-introduces handling charges on ICD containers
THE Cochin Port Trust (COPT) has re-introduced handling charges on ICD containers by rail with the approval of the Tariff Authority for Major Ports (TAMP). In the case of 20-foot containers, the tariff regulator has approved a rate of Rs 500 ...
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STOCKS
Concor gains on FII picking
THE stock of Container Corporation of India (Concor) gained sharply on Friday on active buying from FIIs. The stock price of the public sector gained 14.27 per cent at Rs 602.35 on the BSE with volume of 2.70 lakh shares, and on the NSE, it ...
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SUPPLY CHAIN MANAGEMENT
TCI-Emirates Post tie-up eyes 20% share of inbound parcel biz
THE tie-up between TCI and Emirates Post of the UAE hopes to account for a 20 per cent share of the inbound international parcel service business in India by 2005. XPS, the express service division of TCI, and Emirates Post, on Thursday ...
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EVENTS
Seminar on public procurement
INDIAN Railways Institute of Logistics and Materials Management (IRILMM) and Confederation of Indian Industry (CII) are organising a seminar on the emerging trends in public procurement. The one-day event will be held in the capital on Sunday ...
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RAILWAYS
Thiruvananthapuram Rly Divn launches cleanliness drive
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