The Hindu Business Line : Wednesday, February 23, 2005

Air Deccan Jammu-Delhi flight from today
AIR Deccan plans to launch a daily flight on the Delhi-Jammu-Delhi sector from tomorrow. In a statement, the airline said that it would offer an inaugural one-way fare of Rs 1,499 on the new flight. The inaugural fare will be available till ... More

Tax exemption on leased aircraft — Will Budget back aviation sector's hopes?
THE domestic aviation industry is eagerly awaiting the Union Budget 2005-06 as their future operations could hinge on the Finance Minister's stand on tax exemption on leased aircraft. The Finance Minister, Mr P. Chidambaram, in his 2004-05 ... More

IA extends super saver schemes to business class
INDIAN Airlines (IA) has extended the recently launched Bumper Super Saver scheme to passengers travelling by the business class also. In a statement, the airline said that passengers can avail themselves of the `Bumper super saver executive ... More

INSIGHT

TSI: `A good measure of how blood flows in an economy' — Mr Kajal Lahiri, Professor of Economics, State University of New York
ON January 29 last year, the US Secretary of Transportation, Mr Norman Y. Mineta, ringing the opening bell at the New York Stock Exchange, announced the rollout of the first-ever Transportation Services Index (TSI), ... More

INFRASTRUCTURE

AP CM asks officials to expedite airport work
THE Chief Minister, Dr Y.S. Rajasekhara Reddy, has asked the officials to prepare an action plan in order to build flyovers and good approach roads connecting the upcoming Rajiv Gandhi International Airport. In a review meeting held here on ... More

Star Track Terminals goes fully operational
STAR Track Terminals Pvt Ltd, a container freight station jointly developed by Maersk India Pvt Ltd and Container Corporation of India Ltd within the inland container depot (ICD) complex at Dadri in Greater Noida, Uttar Pradesh, has commenced ... More

Stir on IT highway
Residents of Kannaki Nagar near Mettukupam in Chennai blocked the `IT highway' (Old Mahabalipuram Road) on Tuesday protesting the lack of basic amenities. They said that about 20,000 families staying there are not getting drinking water and are ... More

SHIPPING

MEPZ association proposes to seek legal remedies
THE Madras Export Processing Zone Manufacturers' Association (MEPZMA) is planning legal remedies against workers and management of the Chennai Container Terminal Ltd (CCTL) for loss incurred by them due to frequent disruptions in the container ... More

Financial closure of Dhamra port project by May
THE much-delayed Dhamra port project in Orissa, now being developed by L&T and Tata Steel as a 50:50 joint venture project at an estimated cost of Rs 1,700 crore, is set to reach financial closure by May, a company official said. L&T is ... More

Insurance cos against marine cover de-tariffing
THE government-owned general insurance companies are understood to be blocking a proposal to de-tariff marine hull and machinery insurance. According to shipping companies that have been seeking de-tariffication of hull and machinery policies, ... More

RAILWAY BUDGET

Railway Ministry officials, PMO discuss budget
THE Railway Ministry officials led by the Railway Board Chairman, Mr R.K. Singh, met senior officials of the Prime Minister's Office, Finance Ministry, Planning Commission to give a final shape to the Railway Budget 2005-06 to be presented in ... More

TRADE & LABOUR UNIONS

CCTL readies contingency plan to handle staff strike
CHENNAI Container Terminal Ltd (CCTL) has begun to put in place a contingency plan to ensure that work goes on at the terminal even if its workmen go on strike from February 27. The private terminal operator has brought in 20 operators from ... More

INTERVIEW

We're not afraid of competition: Lufthansa
`We do not disagree with the new EU law. But the big debate is whether it is logical.' More

RAILWAYS

DEA data on railway system reveals paradox
IN A paper on Central Government subsidies recently posted on its Web site, the Department of Economic Affairs (DEA) of the Finance Ministry has presented summary data about the Indian Railway system that suggest conclusions contrary to the ... More

ROADWAYS

KSRTC plans to launch online ticket bookings
THE Karnataka State Road Transport Corporation (KSRTC) plans to launch Internet booking of bus tickets. The Corporation is developing a software - Awatar (anywhere anytime reservation) - for this purpose. According to the KSRTC ... More

Bid to check pollution — Gujarat ropes in PSUs to fund purchase of CNG buses
WITH the finances of most State road transport corporations in doldrums, Gujarat has found a novel route to fund the Compressed Natural Gas (CNG) initiative of its own road transport entity. The profit-making public sector companies in the ... More

Ships in Ports

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