The Hindu Business Line : Thursday, February 03, 2005

Govt plans Bill to set up independent airport regulator
THE Government will introduce a Bill in the forthcoming session of Parliament for creating the Airport Economic Regulatory Authority (AERA), the Secretary Civil Aviation, Mr Ajay Prasad, said today on the sidelines of a conference organised by ... More

Polar Air Cargo pulls out of India
POLAR Air Cargo, the airfreight carrier, has pulled out of India and has started operations in China, according to airport sources. The airline received a formal nod from the US Government to operate flights to China under the US-China aviation ... More

AAI plans Rs 104-cr expansion in South
THE Airports Authority of India (AAI) plans to invest Rs 104 crore this year in airport expansion in the southern region to facilitate wide-bodied jet operation. Mr S.K. Saraswati, Regional Executive Director, AAI, said that the southern ... More

PowerJet to debut at Aero India 2005
AERO India 2005, which opens here next week, will be the first air show for PowerJet, the young joint venture of Snecma Moteurs of France and NPO Saturn of Russia. It will be housed at the Sukhoi booth. Established in July 2004, PowerJet makes ... More

SHIPPING

Vallarpadam project: DPI holds talks with Kochi port
A HIGH-LEVEL delegation from Dubai Ports International (DPI) has held discussions with the Kochi port authorities on technical as well as legal matters with regard to the setting up of the Rs 2,000-crore international container transhipment ... More

New Mangalore port posts record January traffic
THE New Mangalore port handled a record traffic of 27.15 million tonnes at the end of January against 20.85 million tonnes during the corresponding period of the previous year. With this, the port crossed the total traffic of 26.67 million ... More

Proposal to establish regulatory body — Shipping Ministry calls port users' meet today
THE Ministry of Shipping has initiated a move to study the implications of establishment of a Maritime Commission of India, on the lines of the Federal Maritime Commission (FMC) of the US, to regulate the activities of the various ocean transport ... More

Work on Dhamra port project will begin this year, says Tata Steel MD
WORK on the Dhamra port project in Orissa will start this year itself, according to Mr B. Muthuraman, Managing Director of Tata Steel. "The foreign consultants have completed the engineering designs for the project and we are awaiting final ... More

DCI to pay 40 pc interim
VISAKHAPATNAM: Dredging Corporation of India (DCI) has decided to pay its shareholders an interim dividend of 40 per cent on the paid-up equity capital of the company (Rs 4 crore - on each share of Rs 10). According to press release ... More

RAILWAYS

Plan for Rlys' modernisation gets PM's nod
THE Prime Minister, Dr Manmohan Singh, is believed to have given his nod to the Integrated Railways Modernisation Plan, 2005-10, setting in motion the likely contours of the Railway Budget 2005-06. Resources for the implementation of the plan, ... More

Orders galore for Jessop's EMU unit
Having supplied 36 coaches in 2003-04, the company is executing orders for 81 broad- and 50 metre-gauge coaches. For 2005-06, the company has orders for 121 broad- and 50 metre-gauge coaches. The order book position will strengthen further if ... More

Ships in Ports

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