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Friday, March 11, 2005

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AIRLINES


`IA incurs Rs 66.40-cr loss in H1'
INDIAN Airlines (IA) incurred an estimated loss of Rs 66.40 crore during the first half of the fiscal year 2004-05 which is substantially lower than the loss of Rs 103.50 crore incurred by the airline during the corresponding period of the ... More

Air Sahara dons new look with Indian colours
AIR Saharahas unveiled its new look that is to see the airline don the Indian colours of orange, white, green and blue. "We are proud to be an Indian airline and want to promote the colours of India. The entire fleet will sport the new-look ... More

New low-cost airline `Magicair' may fly this winter
In a statement, the promoters have said that they recently applied to the Ministry of Civil Aviation for obtaining a no-objection certificate to operate `Magicair.' The statement adds that the airline will start operations by winter this ... More

AI special fare to London for Keralites
THIRUVANANTHAPURAM: Air India has announced a return fare of Rs 16,130 on flights to London from the three airports in Kerala — Thiruvananthapuram, Kochi and Kozhikode. The special fare is valid for travel that begins before March ... More

INFRASTRUCTURE


`MMTC turns better alternative to other modes of transport'
NOTWITHSTANDING sceptics' comments on its viability, MMTS (Multi-Modal Transport System) seems to have succeeded in attracting a sizeable number of customers. A recent survey showed that it has got immense potential provided that the Government ... More

SHIPPING


Kolkata port initiates steps to recover dues from Metal Box
THE Kolkata Port Trust suddenly wakes up to the reality that the sick and closed Metal Box India Ltd owes to the port authorities not less than Rs 8 crore by way of unpaid rent. The two factories of the company are located on the port land ... More

RAILWAYS


Rail Vikas to build freight route from Haridaspur-Paradip
RAIL Vikas Nigam Ltd (RVNL) is in talks with the Orissa Government, iron ore exporters and Paradip port for the special purpose vehicle (SPV) being planned for laying a dedicated freight route from Haridaspur to Paradip. "The total cost for ... More

ROADWAYS


`Rs 2.1-lakh cr needed to achieve 8 pc GDP growth'
INDIA needs investments of over Rs 2.1-lakh crore in the road sector to achieve its target of eight per cent GDP growth rate by 2007, according to Four-S Services, an Indian research and investor relations firm. Pointing out that the required ... More
Ships in Ports


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Looking back
Feb. 27-Mar. 5
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Railway Budget 2005-06: A story of missed signals


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