The Hindu Business Line : Tuesday, April 02, 2002

PM to fly IA, Air India during S-E Asia visit
IN a departure from the past, the Prime Minister, Mr Atal Bihari Vajpayee, is to utilise aircraft from both Air India and Indian Airlines during the forthcoming three-nation South-East Asia visit. Sources told Business Line that while Mr ... More

SHIPPING

SCI adding 2 VLCCs to stay fit in new scenario
HAVING lost its nodal agency status for transporting crude cargo from Monday with the dismantling of the Administered Pricing Mechanism (APM) for the petroleum sector, the state-run Shipping Corporation of India (SCI) has started the process of ... More

Notional revenue loss of ChPT put at Rs 60 cr
THE Chennai Port Trust (ChPT) is likely to make a notional revenue loss of around Rs 60 crore due to shifting of thermal coal to Ennore port, according to Mr P.C. Parida, Financial Advisor and Chief Accounts Officer, ChPT, told newspersons here ... More

Chennai port meets cargo handling target
THE Chennai port has handled 36.11 million tonnes of cargo during the year 2001-02, marginally surpassing the Government's target of 36 m.t. This was 5.11 m.t. less than the previous year's throughput. "The decrease was mainly due to shifting ... More

ROADWAYS

Chennai maxi cab operators have a bumpy ride
THE maxi cabs in Chennai have emerged a key source of transportation for office-goers and school-going children over the last three decades. But, in recent times, they are increasingly being seen as offering competition to the State-run transport ... More

NHAI mops up Rs 797 cr thru bonds
THE National Highways Authority of India (NHAI) has mopped up Rs 797 crore during 2001-2002 through bonds issued under Section 54 EC of the Income-Tax Act for part-funding the National Highways Development Project (NHDP). During the current ... More

Fall in revenue, higher wage bill push up APSRTC losses
The decline in revenues had a cascading effect on capital infusion for procuring new fleet, civil engineering works, plant and machinery and computers. The estimated Rs 209 crore towards capital expenditure has been cut to Rs 154 crore. More

Ships in Ports

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