The Hindu Business Line : Friday, April 01, 2005

IA board gives go-ahead for IPO
THE board of directors of Indian Airlines has given in-principal approval for the national carrier to tap the capital market. This would enable the airline fund its fleet acquisition as well as improve its debt-equity ratio. However, the IPO ... More

India, Mauritius sign pact to increase, extend air services
INDIA and Mauritius today signed an agreement that will let their airlines not only increase services between the two countries but also to destinations beyond. India's airlines would be able to fly from cities in India to Mauritius and then ... More

Branson keen to invest in domestic airline
SIR Richard Branson, Chairman, Virgin Atlantic Airways, wants to invest in a domestic airline in the country. At a press meet following the airline's maiden flight from Heathrow to the city, he said, "I believe India could be the fastest ... More

Virgin Galactic to launch spaceships in two years
VIRGIN Galactic, set up to offer space tourist flights, will have its spaceships ready for flying in the next two to two-and-a-half years, Sir Richard Branson said here on Thursday. The company, part of Branson's Virgin Group, was to own and ... More

Travel agents to block AI tickets sale from today
TRAVEL agents, protesting against the proposed reduction in their commission from 7 per cent to 5 per cent, have said they will not accept bookings for Air India and Air India Express from Friday. A statement jointly issued by the Travel ... More

SHIPPING

Simplex to build 3rd box terminal at JN port
CONSTRUCTION work on the third container terminal at the Jawaharlal Nehru port was flagged off, with Gateway Terminals India, the terminal operator, awarding a Rs 108-crore work to Simplex Concrete Piles India Ltd for construction of wharf and ... More

Inventory build-up at Nhava Sheva
FEARS of another round of congestion at the P&O-operated Nhava Sheva International Container Terminal (NSICT) at Jawaharlal Nehru port were raised, as the port experienced a spurt in cargo flows in the last two weeks. A senior official of ... More

ROADWAYS

628 buses to join APSRTC fleet
THE Andhra Pradesh State Road Transport Corporation has drawn up plans to introduce 628 new buses during the financial year. The buses will be introduced on long-distance routes where the passenger demand was heavy as well as rural routes where ... More

IPOS

Gateway Distriparks lists with premium
THE stock of Gateway Distriparks Ltd (GDL) made a strong debut on Thursday, opening at Rs 90 and closed at Rs 112.50 after touching a high of Rs 118.50 on the BSE. The IPO price was Rs 72. Traded volumes on the BSE during the day were about ... More

Ships in Ports

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