The Hindu Business Line : Saturday, February 16, 2002

Jet's new fares come into effect from Feb 18
IN a marketing strategy to take on Indian Airlines, Jet Airways (JA) has announced rationalisation of fares across its route network from February 18. A close study of the revised fare indicates that while on some sectors like Delhi-Bangalore ... More

Kochi airport mandates UTI Bank to find investors
COCHIN International Airport Ltd (CIAL) at nearby Nedumbassery has entrusted UTI Bank with the charge of finding prospective Indian and international institutional investors to participate in its equity through private placement. Speaking to ... More

SHIPPING

Taj plans Kochi-Kavaratti luxury yacht service
IN a bid to make the best out of the God's Own Country, Indian Hotels Company Ltd, which owns the Taj Group of hotels, proposes to start a luxury yacht service between Kerala and Lakshadweep. The company had sought permission from the ... More

JNPT at sea over US-64 investments
THE Jawaharlal Nehru Port Trust (JNPT) has landed in a tight spot with investments of around Rs 230 crore in the troubled US-64 scheme of Unit Trust of India (UTI). The port, which is on course to be corporatised, is currently looking for ways ... More

RAILWAYS

Plan panel sounds caution on Railway fiscal proposals
THE Planning Commission is of the view that the Railways' Tenth Plan (2002-07) proposals need to be "tempered with caution" in view of the fact that the growth rates projected by the core sector itself are far lower than the indicative GDP growth ... More

RKHS in talks with Rlys for catering services
RADHAKRISHNA Hospitality Services Ltd (RKHS), a 50-per cent joint venture with Compass Group of the UK, is currently negotiating with the Indian Railway Catering and Tourism Corporation (IRCTC) for taking up catering services. IRCTC was trying ... More

Special grant sought for Kanara gauge conversion
IN its attempt to ensure that the `infrastructure imbalance' ostensibly affecting the development of coastal Karnataka is addressed, the Kanara Chamber of Commerce and Industry (KCCI) has now sought the intervention of the Planning ... More

PIRACY

Fall in piracy attacks in Malacca Straits
MALACCA Straits has seen a drop in the number of piracy attacks to 17 in 2001, compared to 75 the year before, according to the 2001 worldwide piracy report released by the International Chamber of Commerce (ICC)-International Maritime Bureau ... More

Ships in Ports

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