The Hindu Business Line : Wednesday, February 01, 2006

Bids opened for airport modernisation — GMR combine gets Delhi; Mumbai for GVK
THE controversy-mired airport modernisation programme took off today with the empowered Group of Ministers (eGoM) deciding to allot Delhi airport to the Hyderabad-based GMR group which has tied up with Fraport (Frankfurt airport) and Malaysia ... More

`Last minute changes' shock Reliance Airport Developers
THE Anil Dhirubhai Ambani Enterprises group company, Reliance Airport Developers, has expressed "shock and surprise" at "substantial changes" made to the tender conditions for the bids for Delhi and Mumbai airports. A spokesperson for Reliance ... More

AIRLINES

Deccan Aviation to float IPO to pay off debts
DECCAN Aviation has said it is floating an IPO to pay off its debts, set up a hangar and infrastructure in various airports, which will cost the company around Rs 300 crore. In its draft red herring prospectus, the company said it had incurred ... More

Boeing in talks with State Govts for maintenance facility
BOEING, the Chicago-based aircraft maker, is in talks with six State Governments for setting up a $100-million MRO (maintenance, repair and overhaul) facility. The company would finalise the location in April, said Dr Dinesh A. Keskar, Senior ... More

SHIPPING

Haldia bid to improve productivity of berths
IN a bid to step up productivity of non-BOT berths not handling containers and bulk items such as oil, coal and iron ore, Haldia dock authorities are working on a scheme which presupposes deployment of hired equipment in these berths. Whether the ... More

Kochi port users oppose move to hike charges
THE Tariff Authority for Major Ports (TAMP) convened a joint hearing with the shipping fraternity in Kochi port to discuss the proposals of the port as well as the container terminal operator, India Gateway Terminal (IGT), on their decision to ... More

TAXATION

Express council appeals to Govt to revoke FBT
THE Express Industry Council of India (EICI), an association of express trade companies, has appealed to the Government to revoke the fringe benefit tax, pointing out that activities essential to the express business were being taxed. "We offer ... More

SOFTWARE

TMT tool to track consignments
BANGALORE: Taco MobiApps Telematics (TMT) has launched a consignment tracking solution for the logistics industry. The company's Chief Executive Officer, Mr Praveen Gupta, told news persons that the consignment tracking solution will ... More

TRADE & LABOUR UNIONS

AAI employees to strike
AIR services around the country could be affected on Wednesday with the Airports Authority of India Joint Workers Forum deciding to launch an indefinite nationwide strike to protest against the Government decision to award the contract for ... More

Operations at Mumbai airport normal
FLIGHT operations at the Mumbai airport remained normal on Tuesday, although some employees of Airports Authority of India staged demonstrations on Tuesday. Earlier, a union member had said the employees would resort to a strike once the ... More

RAILWAYS

Kakinada SEZ: Rail passengers flay Govt move
THE State Government's proposal to allot 10,000 acres of land in Kakinada rural, Kothapalli and Uppada mandals to the Oil and Natural Gas Corporation (ONGC) for setting up a refinery and special economic zone has drawn flak from the Cocanada Town ... More

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