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Friday, January 07, 2005

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Air Deccan may raise $50 m in second tranche
LOW-cost carrier Air Deccan may go in for a second round of funding worth $50 million before floating an IPO. The Air Deccan Managing Director, Capt. G.R. Gopinath, told Business Line that additional funds could be necessary because of ... More

Air India's budget airline draws flak from cargo agents
THE move to commence budget airline by Air India to various Gulf countries has drawn flak from cargo agents association in Kerala on the ground that the airline has so far not made the required provisions to carry the cargo in these ... More

RAILWAYS


`Railways should firm up wagon orders to cut down on backlog'
WAGON manufacturers want the Railways to firm up wagon orders for any fiscal at least 90 days before the beginning of that fiscal. This is required to cut down on the huge backlog. The order for 2005-06, according to sources close to wagon ... More

South Central Rly clocks rise in income
THE South Central Railway (SCR) has achieved a total originating income of Rs 2,336 crore during the ninth-month period of the current fiscal, against a target of Rs 2,233 crore. This is Rs 225 crore more than last year's revenue in the same ... More

ROADWAYS


Ticket to riches
The competition among private bus services in Kerala has become so stiff that they have started adopting new marketing gimmicks. Shown here is the `Whiteline Service' scheme introduced by the Vyttila Circular Bus Owners' Association where the ... More

`Road safety law soon'
THIRUVANANTHAPURAM: The State Government will enact a road safety law during the coming session of the Assembly, the State Transport Minister, Mr N. Sakthan, said. Inaugurating a road safety week and a seminar organised by the All ... More


Ships in Ports


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