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Tuesday, March 15, 2005

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Jet Airways' shares list at over 18% premium
THE Jet Airways shares today made their debut on the stock exchange at a premium of more than 18 per cent to the issue price of Rs 1,100. On the first day of trading, the stock recorded huge volumes, both in the cash and the derivatives ... More

AI leaning towards Star Alliance
THE 15-member strong global airline alliance, Star Alliance, could soon have a new member from the Indian subcontinent. Air India, which is weighing the option of joining a global airline alliance to expand its network and offer greater options ... More

Study finds flying is 22 times safer than travelling by car
FOR those who are mortally afraid of flying, the US National Safety Council's endorsement of this mode of transportation as one of the safest should help boost the spirits. Flying is 22 times safer than travelling in a car, according to a study ... More

AI Express to begin operations from April 28
THE Air India's Chairman, Mr V. Thulasidas, has said its budget airline Air India Express will begin operations on April 28. Mr Thulasidas, who is on a visit to Abu Dhabi and Dubai to meet senior civil aviation officials, said the AI Express ... More

New Hyderabad airport to be named after Rajiv Gandhi
THE Union Cabinet today approved naming of the proposed greenfield airport near Hyderabad as Rajiv Gandhi International Airport. The decision follows an earlier Cabinet approval on December 15 for a concession agreement for construction of the ... More

Travel agents return Air India promo material in protest
MEMBERS of the Travel Agents Association of India (TAAI) today returned all the promotional material to the Air India city office. This is a token protest against the move by the national carrier to reduce the commission from 7 per cent to 5 ... More

British Airways to cut agents' commission to 5%
FOLLOWING the foot steps of Air India, the UK carrier British Airways today decided to cut the commission payable to travel agents from the existing seven per cent to five per cent. The cut back in commission payable to agents will come into ... More

SHIPPING


Cochin Shipyard bags Rs 300-cr export order
COCHIN Shipyard Ltd (CSL) has bagged export orders worth Rs 300 crore for constructing four platform supply vessels for global major Seatankers Management Company Ltd. Seatankers is part of the world-renowned John Fredriksen Group and the ... More

Mundra port set for huge raw sugar imports
IT looks like fine sand, but it soon becomes evident that the huge mounds that are getting unloaded from the Handimax vessel m.v. Alfanourios is raw sugar. On the other side of the quay, there are no such mounds getting piled up but the smell ... More

SOFTWARE


Navitaire reservation system for Spicejet
BANGALORE: Royal Airways has selected Navitaire's Open Skies host reservation and revenue management system for its low-cost airline, Spicejet. Navitaire, a wholly-owned Accenture business, provides technology and business solutions to ... More

SUPPLY CHAIN MANAGEMENT


Emirates Post relaunches India service
EMIRATES Post has relaunched its "Bharat Parcel Guaranteed" service to India with more value-added features, complemented by a promotion that offers attractive prizes in weekly draws. The promotion runs from March 12 to December 31. The ... More

Post offices to be upgraded
MADURAI: The Union Minister for Communications and Information Technology, Mr Dayanidhi Maran, has said that the Centre was planning to convert post offices into multi-media centres. They would serve as electricity and telephone bill ... More


Ships in Ports


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