Financial Daily from THE HINDU group of publications
Tuesday, October 18, 2005
Markets (October 17)
BL 2502341.06 (+0.65)
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LOGISTICS

AIRLINES


Air Arabia starts Sharjah-Nagpur flight
AIR Arabia LLC, the first low-fares airline in the West Asia and North Africa region, is the first international airline to fly to Nagpur. The Air Arabia's Chairman and CEO led a delegation on the inaugural flight on Sunday. Fares start from ... More

Emirates acquires 10 Airbus A340-500 for $2 billion
EMIRATES airline has received its entire order of Airbus A340-500s with the arrival of its tenth A340-500 aircraft. It has invested close to $2 billion for the acquisition of its A340-500 fleet. The financing has been obtained from various ... More

SilkAir to add Singapore-Thiruvananthapuram flight
THIRUVANANTHAPURAM: SilkAir will begin an additional flight on the Thiruvananthapuram-Singapore sector in November. The new flight, which will be the airline's fourth flight between the two destinations, will operate on Fridays, a SilkAir ... More

Air Deccan unveils in-flight shopping scheme
LOW-cost carrier Air Deccan on Monday joined hands with Delhi-based AVA Merchandising to launch an in-flight shopping scheme. The scheme, `Brand for Less,' offers shopping at over 10,000 feet during the flight at a reduced cost. "This is a ... More

SHIPPING


Sethusamudram Corpn to organise road shows
THE Sethusamudram Corporation Ltd, a special purpose vehicle implementing the Sethusamudram Ship Canal Project, will organise road shows in Mumbai, Singapore and Hong Kong to market the Rs 2,427-crore project among the maritime community and ... More

`Kolkata port may need more road-rail linkages'
"If investment levels increase in Chhattisgarh and Jharkand industries, new industrial development takes places west of the Hooghly river bank, and if the north of the Ganges can be developed and linked with Nepal and Bhutan, things may look up for K olkata port." More

Paradip port still reeling under cyclonic aftermath
The port is yet to fully recover from the effects of dislocation of operation in the last one month. As a result, almost every ship that is bound for the port has to wait for four to five days on an average for getting a berth. More

Cochin Port staff union calls for strike
THE Cochin Port Staff Association (CPSA), having representation in all categories of port including the container terminal, has called for an indefinite strike against the non-appointment of Labour Trustees in the Port Trust Board. The posts ... More

Sethusamudram project: Four global companies short-listed for dredging
FOUR international companies have been shortlisted to undertake three legs of dredging the Rs 2,427-crore Sethusamudram Ship Canal Project. The companies are Jan De Nul of Belgium and Boskalis International of the Netherlands (both have jointly ... More

SCI plans to invest Rs 6,500 cr to buy 34 vessels in 5 years
SHIPPING Corporation of India (SCI) plans to invest about Rs 6,500 crore in about five years for acquiring 34 vessels. "We have planned the investment for our massive vessel acquisition programme of 34 vessels. This includes our annual ... More

Chennai port scouting for global consultants to prepare biz plan
THE Chennai Port Trust (ChPT) has invited offers from international consultants for preparing a business plan that will define the port's long-term vision. The plan will establish goals to be achieved over the next seven years to satisfy this ... More

TRADE & LABOUR UNIONS


APSRTC strike from today — Govt, unions fail to reach compromise
ABOUT 1.19 lakh employees of the Andhra Pradesh Road Transport Corporation (APSRTC) are set to strike work from Monday midnight, with the unions and the Government sticking to their guns. At a meeting organised at the Bus Bhavan (the ... More

SUPPLY CHAIN MANAGEMENT


Rs 25-cr CFS set up near Chennai
CHENNAI: Indian Corporate Business Centre Ltd, a public bonded warehousing and logistics support provider, has set up a container freight station (CFS) on the city of Chennai at a cost of Rs 25 crore. The facility, located on the Ennore ... More
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