The Hindu Business Line : Saturday, December 10, 2005

IA to sign contract for new fleet soon
INDIAN Airlines will sign the contract for its new fleet "in the next few days" and the first deliveries from Airbus will come towards end-2006, the Civil Aviation Secretary, Mr Ajay Prasad, told newspersons at the Aerodrome India 2005 on ... More

`Aviation Minister of the year' award for Praful Patel
NEW DELHI: The Civil Aviation Minister, Mr Praful Patel, has been awarded the Centre for Asia Pacific Aviation's `Aviation Minister of the Year' for his contribution to the progress of aviation in the region. According to a panel of ... More

Aerospace varsity planned in Bangalore
SIATI would be looking at financial support from the Central and the State Governments though it would be largely self-financed. Tentatively it will require finances of the order of Rs 10-15 crore. More

AI's direct Pune-Dubai flight
AIR India will, effective December 12, launch a non-stop flight between Pune and Dubai. The new flight, AI-719-718, will be operated on the Mumbai-Pune-Dubai-Pune-Mumbai route with 201-seater Airbus 310 aircraft on thrice-weekly-basis - on ... More

JAAC opens second cargo complex in Bangalore amid protests
THE Joint Air Cargo Complex (JACC), being run by the consortium consisting of HAL, Container Corporation and the Mysore Sales International Ltd (MSIL), today opened its second cargo complex exclusively for export consignments here under the ... More

Paramount Air to shift base to Chennai
PARAMOUNT Airways, which began operations on October 19 out of Coimbatore, will shift its operational base to Chennai, subject to allotment of parking bays by the Airports Authority of India (AAI), according to Mr M. Thiagarajan, Managing ... More

Etihad Airways' additional flight
NEW DELHI: Etihad Airways has launched an additional flight between Delhi and Abu Dhabi from December 12, 2005 to January 30, 2006, due to the increased traffic during this period. Currently, it operates 10 flights - seven from Mumbai ... More

SHIPPING

`More ships flag out of India'
THE increasing number of ships taking foreign flag, the lack of sea time training for cadets and the continuing deficiency of port infrastructure were some of the key issues raised at the ICS-BIMCO (Baltic and International Maritime Council) ... More

Mercator okays shares allotment to promoters
MERCATOR Lines Ltd announced that its Committee of the Board of Directors has approved allotment of 30 lakh equity shares of Re 1 each for cash at a price of Rs 56 per share (including a premium of Rs 55 per share) to the promoters. This was ... More

GENERAL INSURANCE

IRDA plans third-party risk pool for motor insurance
Premiums collected as third-party risk cover would be credited to the pool. All claims would be administered from the pool. More

TRADE & LABOUR UNIONS

ITF inspects vessels to ensure fair wages
DOCKERS and seafarers unions in India have sent a strong message to ship owners warning them against Flag of Convenience (FoC) shipping, as the week-long action entered the fourth day today. An International Transport Workers' Federation (ITF) ... More

ROADWAYS

Govt approves modification of NH-67
THE Government has approved the modification of NH-67. The modified route starts from Thanjavur on NH-67 and connects Kumbakonam and Sethiathope - Neyveli Township, Vadalur, Panruti and terminates near Vikravandi on NH-45. Furthermore, the ... More

Vijayanand Roadlines to invest Rs 400 cr for expansion
TRANSPORT operator Vijayanand Roadlines plans to invest around Rs 400 crore to expand its operations while another Rs 200 crore will be invested in its newspaper business during the next two years. Vijayanand Roadlines Ltd (VRL) plans to float ... More

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