The Hindu Business Line : Monday, February 28, 2005

Jet Airways IPO price fixed at Rs 1,100
JET Airways Ltd has fixed the issue price for its Initial Public Offering at Rs 1,100 per share. Bidding closed three days ago. The book-built issue for the initial public offer of the country's biggest domestic airline was subscribed 16.2 ... More

Talk of the skies
Bored minutes after boarding the plane? Just switch on ... A future scenario that will see passengers using mobile phones during flights. More

Cost of aircraft acquisitions by IA to be finalised soon
TALKS to finalise the cost of aircraft acquisition by Indian Airlines are currently on and are likely to be completed in the next seven to 10 days. According to the Secretary, Civil Aviation, Mr Ajay Prasad, the Civil Aviation Ministry will ... More

SHIPPING

AP Govt shelves Kakinada LNG terminal project
THE mega LNG terminal project, proposed to be set up here by the previous Telugu Desam Government, has been disposed by the Congress Government. It has been shelved. The project cost at Rs 19,000 crore was to have been invested in ... More

Five companies show interest in Vizhinjam container terminal plan
THE fresh tender floated by the Kerala Ports Department, inviting bids for the development of Vizhinjam International Container transhipment terminal, has received a good response. So far, five companies have asked for the request for proposal ... More

Chennai terminal operations

RAILWAY BUDGET

Railway Budget 2005-06: A story of missed signals
The Rail Budget has missed the opportunity offered by increased economic activity to boost Railway finances. There was a strong case for a modest increase in second-class sleeper fares and in suburban season tickets, which remain heavily subsidised. This would have helped provide better passenger amenities and to augment capacities on highly congested routes where travel conditions are worsening rapidly. More

Rly Budget disappointing for Kerala, say Chambers
VARIOUS chambers of commerce and industry in Kerala have expressed their displeasure over the Railway Budget 2005, saying that it had not given due consideration to the genuine long-pending needs of the State. The President of the ... More

Track record also matters
EVERY Railway Budget attracts criticism. If the budget of other ministries/departments were to be presented separately, they would attract similar, if not more stringent, criticism. There is a need to understand and ... More

Trundling down the beaten track
PRESENTING the Railway Budget, Mr Lalu Prasad had " a dream of making the Indian Railways the best system in the world". Lest this should go the way of Mungerilal ke hasin sapne, it would take a lot more than ... More

Kanara Chamber hails Rly Budget
THE Kanara Chamber of Commerce and Industry (KCCI) has said that the proposals of Railway Budget 2005-06 will boost the overall development of coastal Karnataka. The KCCI President, Mr A. Srinivasa Rao, told Business Line here on ... More

Bharat Chamber hails new wagon investment scheme
THE Bharat Chamber of Commerce (BCC) has commended the Union Railway Minister, Mr Lalu Prasad, for introducing the `Wagon Investment Scheme' to encourage public-private partnership in procurement of wagons. The BCC feels that this is a right ... More

Shinkansen dreams
NO RAILWAY Minister worth his salt would ever like to miss an opportunity to go down in history as the one who brought significant technological progress to the behemoth that he heads. More so when, apart from ... More

RAILWAYS

ICF plans Rs 47-cr expansion project
THE Integral Coach Factory here is implementing an expansion plan to manufacture 101 rakes (each rake has nine coaches) of dual voltage EMUs (electric multiple units) for Mumbai Rail Vikas Corporation. To meet this order, ICF will undertake an ... More

ROADWAYS

`Build new road from Maravoor Bridge to proposed Mangalore airport terminal'
THE Kanara Chamber of Commerce and Industry (KCCI) has urged the Karnataka Government to build a road from Maravoor Bridge, near Mangalore airport, to the proposed second terminal building at the airport. In a letter to the Karnataka ... More

Ships in Ports

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