The Hindu Business Line : Monday, August 29, 2005

To combat choked grounds under open skies — `Aviation sector needs to attract more FDI'
INDIA should attract more foreign direct investment in the aviation sector for its future projects, Mr Peter Hill, CEO of SriLankan Airlines, has suggested. The Government needed to show more proactive, investor-friendly policies as there ... More

IA plans more flights to Gulf from South India
INDIAN Airlines (IA) is looking to increase operations to the Gulf region from several points in South India. Official sources told Business Line that the airlines plans include operating a three-times-a-week flight on the ... More

SHIPPING

Tonnage tax boosts fleet strength — Outlook positive for shipping cos
INTRODUCTION of the tonnage tax regime from April 2004 and strong freight market sentiments have shored up the strength of India's shipping fleet by an unprecedented 15.4 per cent in 2004-05. The fleet strength jumped ... More

Was it worth it?
Analysts do not always see eye-to-eye over the probable benefits that will accrue to AP Moller-Maersk from its acquisition of P&O Nedlloyd. The integration will cost the Dutch shipping major nearly $500 million which is well over the ... More

INTERVIEW

`Privatisation does not promote the interests of ports or the country' — Mr K. V. A. Iyer, Vice-President, Water Transport Workers Federation of India
THE WATER Transport Workers Federation of India, one of the five major federations representing port and dockworkers in the country, is spearheading the agitation against privatisation of ports. Mr K. V. A. Iyer, Vice-President of the ... More

RAILWAYS

SPV route suggested for freight corridor
CONSULTING firm Ernst & Young has suggested an SPV (special purpose vehicle) or a joint venture route to finance the proposed dedicated rail freight corridor for the country. The government plans to construct a ... More

Rlys to focus more on jatropha plantation
IN the backdrop of increasing fuel prices, the Railway Board Chairman, Mr J.P. Batra, said that the Railways plans to increase focus on plantation of `Jatropha Curcas', an environment-friendly oilseed plant. In the Northern Railway, diesel ... More

RITES study on Bhilai Steel Plant — Putting material changes on track
With the volume of rail-borne traffic into and out of SAIL's Bhilai Steel Plant projected to go up by about seven million tonnes by 2011, it is impossible for the present infrastructure to handle the jump in traffic. A recent RITES study examines the various aspects of rail infrastructure and recommends measures to upgrade facilities at the steel plant. More

ICF to expand capacity: Velu
THE annual production capacity at the Integral Coach Factory (ICF) is to be increased to 1,250 coaches from 1,000, according to Minister of State for Railways, Mr R. Velu. The ICF, which is in its golden jubilee year, is working out details of ... More

Running short on locomotives
The Indian Railways is believed to be facing an acute shortage of locomotives to haul the targeted volume of freight traffic, so much so that the locomotive producing units have been asked to step up their production as far as ... More

ROADWAYS

Drive against LPG misuse at Ernakulam
KOCHI: The Ernakulam district administration has announced that registration of vehicles fitted with unauthorised gas kits would be cancelled with immediate effect. A decision to this effect was taken at a high-level meeting at the ... More

Rs 2400-cr road plan for Orissa
THE Orissa Government proposes to spend an estimated Rs 2400 crore on road development in districts of Paradip, Sundargarh, Jagatsinghpur, Jajpur and Keonjhar where new industries are coming up. Half the amount will be provided by the ... More

Ships in Ports

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