The Hindu Business Line : Thursday, June 23, 2005

Paramount Airways to start flights in Aug
PARAMOUNT Airways, the launch customer of Embraer 170 and 175 aircraft in India, plans to start operations from August this year, Mr M. Thiagarajan, Managing Director, Paramount Airways, has said. The airline is headquartered in Coimbatore and ... More

Kerala cabinet nod for budget airline
THE State Cabinet has accepted in principle a proposal to launch an international budget airline. The State Government will hold a stake in the proposed airline, which will operate flights from Kerala to the Gulf countries. Announcing this at ... More

INFRASTRUCTURE

Sethusamudram inauguration on July 2
THE Prime Minister, Dr Manmohan Singh, will inaugurate the Sethusamudram Ship Channel Project (SSCP) here on July 2. Simultaneously, the Dredging Corporation of India will initiate the dredging work at Point Calimere, 45 km away from ... More

Airport projects: GoM clears transaction document
THE empowered Group of Ministers (e-GoM) on Wednesday cleared the transaction document on the basis of which the eight short-listed parties will submit their bids for the modernisation and restructuring of the Delhi and Mumbai ... More

SHIPPING

Foreign dredging cos eyeing bigger pie of Indian market — Step up efforts to join INSA
The Indian National Shipowners' Association has, however, rejected the proposal of the foreign dredging majors operating in India to becoming its members. More

RAILWAYS

Railways urges user industries to commit long-term traffic
THE Ministry of Railways has asked its users from the petroleum industry to commit long-term incremental traffic if they require benefits from the Railways in terms of reduced freight rates and other charges. "A task force has been constituted ... More

ROADWAYS

FBT clause could add to transport PSUs' woes
According to tax experts, since PSU transport outfits do not carry passengers in cars but in vehicles, an urgent word substitution is needed. More

Truck operators in TN oppose diesel price hike
TRUCK operators in Tamil Nadu have demanded that the Union Government roll back the increase in diesel price, as it will push up the cost of transport operations that the industry could not bear. Though the Government had announced a hike of ... More

Truckers to stay off roads on June 28
IN protest against the hike in diesel prices by Rs 2 a litre, the All-India Motor Transport Congress (AIMTC) has called for a token strike on June 28, to coincide with the bandh called by the Communist Party of India - Marxist (CPI-M). The ... More

Ships in Ports

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