LOGISTICS
AIRLINES
UPA stands firm on FDI hike proposal
THE United Progressive Alliance (UPA) today decided to put up a show of unity in Parliament on the Budget proposals despite the Left parties coming down heavily against the move to allow higher Foreign Direct Investment (FDI) in the insurance, ...
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Air Sahara plans to reduce unit cost
THE newly-appointed President of Air Sahara, Mr Rono J. Dutta, has said that the goal of the airline was to provide global quality at a low cost to its passengers. In his maiden interaction with presspersons after taking up the top job in Air ...
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AI to offer budget airline option on some routes
AIR India passengers flying to some destinations could soon have the option of travelling not only with the Maharaja but also with the airline's soon-to-be launched low-cost airline, AI Express. The airline's Chairman and Managing Director, Mr ...
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Ministry working on plan to upgrade 15 airports
THE Civil Aviation Ministry is working on a plan to upgrade 15 airports in the country to "world class." According to the Civil Aviation Minister, Mr Praful Patel, modernisation of these airports (other than the four at metros) is estimated to ...
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Qatar Airways on recruitment drive
QATAR Airways, the Doha-based airline that is in the midst of an expansion drive, is recruiting more Indian staff to support its growing operations. According to the Senior Manager, Commercial Operations - East, Mr Ali M. Al Rais, the airline ...
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SHIPPING
In-principle nod for SCI to buy 2 bulk carriers
THE Planning Commission has given its in-principle approval to the Shipping Corporation of India to buy two capesize bulk carriers. SCI plans to buy the two vessels at a cost of about $90 million, Mr D.T. Joseph, Secretary, Ministry of ...
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Dubai Ports may clinch Kochi box terminal deal
This would be the second major container terminal project to get approval from the UPA Government after the Maersk-Concor consortium was recently awarded the deal to operate a new container terminal at Jawaharlal Nehru Port.
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SUPPLY CHAIN MANAGEMENT
Concor chugs into new territory — Flags off container train to Sirsiya ICD in Nepal
THE Container Corporation of India's (Concor) first trial train bound for the inland container depot (ICD) in Sirsiya, near Birgunge in Nepal, was flagged off from the Netaji Subhas dock of the Kolkata Dock System (KDS) here on Monday. With ...
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ROADWAYS
Ashley Transport seeks bank funds for `challan discounting'
ASHLEY Transport Services Ltd, the newly-floated subsidiary of Ashok Leyland, is in talks with several banks for funds for a new line of business, called challan discounting. `Challan discounting' refers to financing transport operators on the ...
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100-t weighbridge at Eloor
A 100-tonne capacity electronic weighbridge will be operational at the truck terminal at Eloor from tomorrow. The weighbridge, set up by the Kochi- based Falcon Infrastructures Ltd, will be inaugurated by the Mayor of Kochi, Mr Dinesh Maini. ...
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Vehicle population explosion
This bumper-to-bumper traffic on arterial Anna Salai in Chennai is a regular feature, but one that evades a solution. Urban planners need to come up with a viable solution to the traffic congestion -- a number of suggestions have been made, but ...
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