The Hindu Business Line : Saturday, May 21, 2005

IA to offer excess capacity to other airlines
INDIAN Airlines is all set to make money out of some of its liabilities, including excess manpower and unprofitable North-East routes. The Indian Airlines Director for Marketing, Ms Manjira Khurana, told Business Line that the airline is ... More

IDFC to provide Rs 300 crore for Hyderabad international airport
IDFC is in the process of funding about Rs 300 crore for the proposed greenfield Hyderabad International Airport project. The Managing Director of IDFC, Mr Rajiv B. Lall, said that IDFC as a lead institution, facility, and security agent is ... More

SHIPPING

Ministry favours block approval for SCI's acquisition plan
IN a development that could significantly shore up the fortunes of Shipping Corporation of India (SCI), the Ministry of Shipping has initiated a move to provide block approval to the company's $1-billion acquisition plan involving 14 ... More

NMPT move to promote business
AS part of its business promotion drive, the New Mangalore Port Trust (NMPT) - in association with the Mysore Chamber of Commerce and Industry — held a trade meet at Mysore recently. An NMPT release said here on Thursday that the meet ... More

`Work on Sethusamudram project may start in June'
DREDGING work for the Sethusamudram Ship Canal Project is expected to commence in the third week of June, according to Mr T.R. Baalu, Union Minister of Shipping and Road Transport. On Thursday, the Union Cabinet had cleared the Rs 2,424-crore ... More

RAILWAYS

Demand for wagons to transport iron ore rising
DESPITE jump in railway freight rate, there is no let-up in the demand for wagons for transportation of iron ore for exports as well as domestic consumers. Thus, South Eastern Railway (SER), a major transporter of iron ore, is saddled with ... More

Ships in Ports

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