The Hindu Business Line : Thursday, October 20, 2005

bmi to increase Mumbai-London flights
BMI, the British carrier which commenced direct services between Mumbai and London in May 2005, plans to step up its frequency to a daily service from April next. It currently operates a four-times-a-week service between the two ... More

SHIPPING

CIWTC resumes salt supply to Bangladesh
CENTRAL Inland Water Transport Corporation (CIWTC), the ailing public sector river transport company, has resumed salt shipments to Bangladesh after a number of years. A 600-tonne self-propelled barge, `Prakriti', discharged salt at ... More

Peak season surcharge on shipments to East, S. African ports
A PEAK season surcharge would be implemented from November 1 on all shipments from India to East and South African ports. The surcharge would be $100 for a twenty-foot equivalent unit and $200 for a forty-foot equivalent unit. It would be ... More

Japanese shipping line Mitsui to launch new India-Singapore service
The container ship MOL Ambition will undertake the maiden voyage on November 5 sailing from Singapore. More

GRSE pays Rs 11-cr dividend to Govt
GARDEN Reach Shipbuilders & Engineers Ltd (GRSE), a wholly owned Government of India undertaking, has paid to the Government a dividend of Rs 11.02 crore for the financial year 2004-05, which is the highest-ever dividend payment since the ... More

FINANCIAL PERFORMANCE

Varun Shipping Q2 net up at Rs 43 cr
VARUN Shipping has reported a net profit of Rs 43.37 crore for the second quarter of the current fiscal, against Rs 21.19 crore in the corresponding previous period. The company's revenue from operations during the quarter was Rs 146.11 crore ... More

Blue Dart Q2 profit rises to Rs 17.66 cr
BLUE Dart Express Ltd has posted a net profit of Rs 17.66 crore for the second quarter ended September 30, 2005, up from Rs 10.05 crore over the corresponding quarter ended September 30, 2004. The results for the current quarter are after ... More

RAILWAYS

Rlys to plant jatropha for captive use — Minister seeks private participation
Railways, now, annually spends more than Rs 4,000 crore on their diesel requirements, and after the recent hikes in prices of diesel, have started to think of alternative fuels to reduce this cost burden. More

OUTLOOK

Air Sahara in the process of finding `suitable' partner
SAHARA India Pariwar said on Wednesday that it was in the process of finding a suitable "private equity" investor and/or a strategic partner to fund Air Sahara's expansion programme. Air Sahara is currently wholly owned by Sahara India ... More

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