The Hindu Business Line : Friday, December 23, 2005

e-GoM meet tomorrow on AI fleet acquisition
THE fleet acquisition proposal of Air India (AI) is set to cross another hurdle with the empowered Group of Ministers (e-GoM) scheduled to meet here on December 24. The five-member e-GoM, headed by the Finance Minister, Mr P. Chidambaram, is to ... More

New call centre tool for IATA
SITA SC, global communication services integrator dedicated to the travel and transportation industry, has come out with an Internet protocol-based call centre solution. This will help International Air Transport Association (IATA) ... More

`Ten airports posted profits in 2004-05'
THE Minister for Civil Aviation, Mr Praful Patel, said that 10 airports, of the 86 operational airports with Airports Authority of India (AAI), made profits during 2004-05. Replying to a question raised in the Lok Sabha, the Minister said ... More

Jet gets nod to hedge fuel purchase abroad
JET Airways has become the second airline in the country to receive in-principle approval from the Government to hedge the fuel it buys abroad. Mr Saroj K. Datta, Executive Director, Jet Airways, said the airline is in talks with hedging ... More

Srei Cap to offer advisory services to aviation sector — Ties up with Australian co
SREI Capital Markets Ltd (SCML), a wholly-owned subsidiary of Srei Infrastructure Finance Ltd, has signed an agreement with the Australia-headquartered Centre for Asia Pacific Aviation Pty Ltd (CAPA) for extending advisory services to the Indian ... More

INSIGHT

Can Railways sweat its assets better?
The Railways has the assets. Better deployed, they can increase the carrying capacity manifold, and the Railways can earn enough surpluses to plough money back into expanding its network to the 2,00,000 km that Railwaymen dream of, says K. Venugop al. More

SHIPPING

Cut in coal linkage to Ennore may hit Paradip port
THE decision to cut down the January-March 2006 thermal coal shipment linkage by the coastal route from Paradip to Ennore has upset Paradip Port Trust (PPT), more so because the linkage is being systematically pruned for the past several ... More

Dredging body seeks common pre-qualification norms
SUGGESTING the Government to frame policy guidelines for dredging activities, the Indian Dredger Owners Association has insisted that common pre-qualification norms be adopted and prescribed in all tenders of ports. The Association Joint ... More

ROADWAYS

Out of bounds
Taking advantage of the changes brought about to make Charminar a pollution free zone, the fruit vendors and auto drivers have taken over the main road around Mecca Mazjid and Charminar. Pushcarts and auto-rickshaws are now blocking the area ... More

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