The Hindu Business Line : Wednesday, December 06, 2006

AIRLINES
Airlines told to rethink on surcharge
The Government has asked the domestic airlines to have a re-look at their decision to levy a congestion surcharge of Rs 150 per flight. "The surcharge is not correct. If the airlines want to increase fares then they should, the Government has ... More

SHIPPING
Mainline vessels keen on visiting Kochi port: DP World
`We are focusing on services to China, US East Coast, Europe' More

Paradip posts 13 pc growth in Apr-Nov
In Nov, port achieved traffic throughput of 3.79 mt More

TN proposes mini-port at Cheyyur
The Tamil Nadu Government is considering setting up a mini-port near Cheyyur (near Chingleput) to facilitate establishment of a 2,000 MW coal-based power plant by NTPC. Responding to a question in the Assembly today, Electricity Minister Mr ... More

TAXATION
Tax laws can't be challenged for levy of different rates for different people: HC
The Legislature is competent to classify persons or properties into different categories and tax them differently. The taxing statute cannot be challenged merely because different rates of taxation are prescribed for different categories of ... More

FOREIGN DIRECT INVESTMENT
Govt mulls 74 pc FDI in some aviation segments
New policy awaited to decide on foreign airlines' stake More

ROADWAYS
Thanjavur Expressways achieves financial closure
Thanjavur Expressways Ltd, a BOT (build, operate and transfer) toll road project, promoted by Madhucon Projects Ltd (MPL), costing Rs 390 crore has achieved financial closure. Canara Bank is the leader of the consortium and SBI Capital Markets ... More

PERFORMANCE
Taxiing delays taxing airlines
Virgin Atlantic towing aircraft to take-off areas to save on fuel More

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