The Hindu Business Line : Tuesday, May 17, 2005

IA board okays conversion of Alliance Air planes into freighters
AS part of its plans to launch a dedicated freighter operation, the board of Indian Airlines on Monday gave its in-principle approval for conversion of five B737 aircraft that are currently being operated by Alliance Air, into cargo ... More

Lufthansa chalks multi-pronged growth strategy in Indian market
ENCOURAGED by the Government's recent policy initiatives for the civil aviation sector and the rate of passenger growth fuelled by the new Budget airlines, Lufthansa has chalked out a multi-pronged strategy to capitalise on the growing Indian ... More

SHIPPING

Shipping Ministry agrees to 15 pc divestment in SCI
PUBLIC sector disinvestment could be sailing ahead once again, this time on the decks of the Shipping Corporation of India (SCI). The Ministry of Shipping, Road Transport and Highways has given the green signal for a 15-per cent disinvestment ... More

Shipping majors buy tender papers for Chennai port box terminal
SOME 10 companies, including global shipping majors and Indian firms, have purchased the tender document from the Chennai Port Trust (ChPT) to develop a second container terminal inside the port. Some of the companies include NYK Line, Mitsui ... More

ADB sanctions Rs 50 cr for Nagapattinam port
THE Asian Development Bank (ADB) has sanctioned Rs 50 crore for the development of the Nagapattinam port, according to Mr R. Sampath, Chief Executive Officer of the Tamil Nadu Maritime Board. Speaking to newspersons at Nagapattinam recently, he ... More

RAILWAYS

Indian Railways plans to deploy GSM-R network in 2 new zones
MOBILE train radio communication system in India is set to get a significant boost, with the Indian Railways planning to deploy GSM-R network in two new zones, the North Central (Delhi) and East Central (Hazipur) zones, by the first quarter of ... More

Rly Board raises BoxN wagons carrying capacity on certain routes
IN pursuance of its objective to increase the axle load of freight wagons, the Railway Board has further raised the permissible carrying capacity of BoxN wagons on certain routes. With effect from May 15, each BoxN wagon became eligible for ... More

Railway platform ticket to cost Rs 5
A Railway Board notification said on Monday that the increase would become effective from June 1. The board, however, did not give any reasons for the steep increase. Apparently, the hike is meant to regulate the entry of people at the ... More

Ships in Ports

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