The Hindu Business Line : Tuesday, December 20, 2005

Air Sahara wins cricket team sponsorship — To shell out Rs 313.80 cr for 4-year period
THE Indian cricket squad will now wear the logo of Air Sahara on its shirt after the company emerged as the highest bidder for team sponsorship, coughing up Rs 313.80 crore for a four-year period. From just Rs 78.10 crore that the Sahara Group ... More

Jet Airways evaluating Boeing 747-800 for non-stop flight to US
JET Airways is evaluating the Boeing 747-800 aircraft to consider the option of flying non-stop between India and the US, the Chairman, Mr Naresh Goyal, has said. "The flight to the US is very much on. Initially, we plan to start operating ... More

Emirates plans more flights
NEW DELHI: The Dubai-based airline Emirates has announced that it would start operating eight-times-a-week between Dubai and Thiruvananthapuram from February 1 next year. In a statement the airline has said that it would also offer a ... More

INFRASTRUCTURE

Panel on Delhi, Mumbai airport revamp to meet on Dec 21 — Left demands handover of works to AAI
THE empowered Group of Ministers looking into the restructuring and modernisation of Delhi and Mumbai airports is to meet here on December 21, even as the Left on Monday demanded that the Government scrap the on-going exercise and hand over the ... More

SHIPPING

Deutsche Bank, Depfa Bank of Ireland agree to offer loan
The debt equity would be 1.5:1; out of the project cost, foreign currency loan would be 30 per cent, rupee term loan of 30 per cent and rest would be zero coupon bonds. More

More time for Chennai port biz plan tender
THE Chennai Port Trust (ChPT) has extended the time for submitting tender for preparing a business plan for the Chennai Port to January 9, 2006 from December 21, according to a port trust official. The port trust has invited offers from ... More

Stage set for AP port project work to begin
`We are not opposed to the project per se, but development should not result in displacement of fishermen and denial of access to the sea.' More

Sethu drops plan to reclaim Dhanushkodi
A detail project report had proposed construction of a slipway with repair facilities for repairing pilot and mooring launches in the vicinity of service jetty at Dhanushkodi. More

ROADWAYS

Toll policy may be finalised by Jan 15
Currently, toll is increased every year by indexing it 100 per cent to the WPI; the new model concession agreement suggests a 40 per cent indexing. More

`Use of rubber in road construction set to increase'
THE use of rubber in construction of roads in likely to increase, especially with projects such as the Golden Quadrilateral accelerating the process, Mr E.V.K.S. Elangovan, Union Minster of State for Commerce and Industry, has said. In the ... More

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