The Hindu Business Line : Friday, February 25, 2005

Cathay to offer 30 pc cut in fares to US, UK, Australia
KEEPING an eye on the approaching holiday season, Cathay Pacific will soon come out with an advanced purchase scheme for travel to the US, Canada, Australia and New Zealand in the coming summer season. The Hong Kong-based airline will offer a ... More

Jet Airways IPO ends, subscribed 14 times
THE initial public offering of Jet Airways, which closed on Thursday, has been subscribed over 14 times. According to sources close to merchant bankers, the retail portion has been subscribed three times, and the QIBs category 21 times. The ... More

SHIPPING

JNPT box terminal project — Gateway Terminals achieves financial closure
WITH ABN-Amro Bank bank-rolling the debt component of the total project cost, Gateway Terminals India Pvt Ltd, a special purpose vehicle floated by Danish shipping and oil conglomerate Maersk A/S and railway PSU Concor, for building and operating ... More

Feeder operators plan congestion surcharge at CCTL
Operators justified the surcharge saying it was the only way to recover the losses following berthing delays for ships. More

SOFTWARE

Tracking tool from Edge Info
COIMBATORE: EDGE InfoTech (India) Pvt Ltd has introduced its outsourcing supply chain management process solution - Track Process — in its domestic turf before taking it across the country. The company CEO, Mr Manna Justin, ... More

RAILWAYS

Railways: Making it the beast of burden
The cumulative effect of years of apathy and neglect is beginning to really tell on the Railways. The biggest challenge facing the Railways Minister, Mr Lalu Prasad, will be to step up its share in the total transportation of traffic. But only now h as it begun realising that the system capacity cannot be expanded at will. For keeping pace with the projected GDP growth of about six per cent, the freight transport capacity should grow at least at nine per cent, says Santanu Sanyal. More

Railways: Too much on the track
THE Indian Railways appears to have hit a roadblock of sorts in its headlong rush to modernise and upgrade technology in all areas, including the vital track maintenance. Though proud owners ... More

Railways urged to separate track maintenance from services
THE Railways should gradually separate maintenance of tracks and running of services, allowing other agencies to use the facilities on payment of charges, according to a section in the trade and industry. A beginning has already been made ... More

Ships in Ports

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