LOGISTICS
AIRLINES
IA back in black after 3 years
INDIAN Airlines has reported a net profit of Rs 44.17 crore during 2003-04 against a net loss of Rs 196.56 crore during 2002-03. At a press conference shortly after the annual results were cleared by the IA board, the IA Chairman and Managing ...
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Air Deccan's maiden Coimbatore-Mumbai flight delayed by hours
AIR DECCAN'S inaugural Coimbatore-Mumbai flight kept its appointed date of launch on Friday, but missed its arrival and take-off schedule from Coimbatore by several hours. Though the arrival and departure of the new service from Mumbai was ...
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Virgin to fly 3 days a week on London-Mumbai route — BA allowed to operate 7 more services
THE British airline, Virgin Atlantic Airways (VAA), is to launch a thrice-a-week flight on the London-Mumbai-London sector apart from increasing the frequency of flights between Delhi and London to a daily service from February 1 next ...
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CIAL softens stand against equity share for Hudco
THE board of directors of Cochin International Airport Ltd (CIAL), in a bid to avoid a confrontation with Hudco, has softened its stand against conversion of the outstanding loan of Rs 52 crore into equity in the company and entrusted the State ...
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More international flights from Kolkata sought
THE West Bengal Government has urged the Union Ministry of Civil Aviation to facilitate greater international air connectivity to and from Kolkata. This would be necessary if the growth in the State's IT sector was to be sustained, according to ...
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Incentives to low-cost airlines
SHIPPING
Sharp growth seen in shipping tonnage
WITH the Indian shipping industry acquiring over 1.5 million GRT (gross registered tonnage) to its fleet during the last one year, the Indian National Shipowners Association (INSA) has projected that if this trend in tonnage acquisition were to ...
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Shell seeks exemption from DG norms for shipping LNG to Hazira
Shell will start importing LNG at its Hazira terminal in Gujarat by the first quarter of 2005, said the Shell India chief.
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Doing it the old way
Chellanam, the southern most point of Ernakulam district, is famous for its boat-building industry. Proximity to backwaters and the sea gives the village a vantage point. Higher cost of iron boats prompts many fishermen to go for traditional ...
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Navy to donate ship to Vizag civic body
THE Indian Navy is planning to donate a decommissioned warship, INS Anjadeep, to the Visakhapatnam Urban Development Authority (VUDA) for setting up a restaurant and other tourist facilities at a cost of roughly Rs 2 crore, according to ...
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TRADE & LABOUR UNIONS
Minor port wages revised in Kerala
SUPPLY CHAIN MANAGEMENT
TVS Automotive ties up with Spanish co for logistics biz
TVS Automotive Europe Ltd has tied up with Transcoma group of Spain to form a new company, TVS Logistics Iberia, S.L., which will provide a complete range of logistics and supply chain management services in Spain and Portugal. TVS Automotive ...
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RAILWAYS
House panel for autonomous Commission of Railway Safety
It said the sanction of the CRS should be made mandatory for the Ministry of Railways before introducing any new passenger train.
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Rly freight hike likely to hit coal-based industries
THE recent 7.7 per cent hike in railway freight on coal coupled with the new classification of this commodity will hit hard coal-based industries located far away from the collieries. The Coal Consumers' Association of India (CCAI) fears that ...
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