Financial Daily from THE HINDU group of publications
Thursday, February 17, 2005

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IA board approves lease of 3 more wide-bodied aircraft
THE Indian Airlines (IA) board, which met here today, approved a proposal to lease three more wide-bodied aircraft, taking the total number of such leased aircraft to 12. With this leased fleet, IA would be able to take on competition from both ... More

Dynamatic Aerospace on expansion mode
DYNAMATIC Aerospace, which hopes to emerge as a major vendor to the aviation industry, has embarked on an expansion programme. This is in view of the growing importance of India as a major centre for outsourcing in defence and civil aviation ... More


Airport restructuring: GoM to meet soon
THE empowered Group of Ministers (e-GoM), which is to firm up the request for proposals (RFP) for modernisation of Delhi and Mumbai airports is to meet in the next day or two, the Minister for Civil Aviation, Mr Praful Patel, said here on ... More


Transworld group to take 4-6 pc stake
THE Transworld group is set to take a 4-6 per cent stake in India Gateway Terminals Pvt Ltd, the special purpose vehicle (SPV) floated by Dubai Ports International (DPI) to develop and operate the proposed international container transhipment ... More

Concor to hold 15% stake in Dubai Ports' India Gateway
CONTAINER Corporation of India Ltd (Concor) has picked up a 15-per cent stake in India Gateway Terminal Private Ltd, a company floated by Dubai Ports International (DPI), to set up and operate an international container transhipment terminal ... More

Vallarpadam first global hub terminal: PM
WITH the Prime Minister, Dr Manmohan Singh, laying the foundation stone for the Rs 2,118-crore Vallarpadam International Container Transhipment Terminal at Kochi on Wednesday, the decade-old project moved closer to reality. The Prime Minister ... More


Bangalore metro rail project to be cleared soon
THE Bangalore metro rail project will soon be galvanised into implementation with early Central clearances in the coming weeks, the Union Minister for Urban Development and Parliamentary Affairs, Mr Ghulam Nabi Azad, said on Wednesday. The Rs ... More

IRCTC, Intrex pact for online booking of railway tickets
THE Indian Railway Catering and Tourism Corporation (IRCTC) has tied up with the Essel group-promoted Intrex India Ltd, to provide Internet booking with pre-paid cards. Addressing a press conference here today, the Chief Regional Manager of ... More

Express way to spread AIDS awareness
The trains will travel 6,000 km and cover 30,000 villages. More


Meeting on service tax on goods transport agency ends in impasse
THE first meeting of the Government appointed committee for service tax on goods transport agency services ended today in an impasse, with traders continuing to oppose the move to shift liability of payment of service tax on them even though they ... More
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