The Hindu Business Line : Monday, May 13, 2002

IA may hedge on ATF prices
INDIAN Airlines (IA) is examining several options including hedging against price risks on aviation turbine fuel (ATF) to get out of the red during the next financial year. "IA has been approached by at least one agency to hedge on ATF prices. ... More

IA carries only a bit more
IA's annual report for 2000-01, tabled in Parliament recently, points out that there has been a steady increase in the volume of cargo carried by it since 1996-97. More

Restructuring to make a safe landing
IN His address to the Airline Financial Summit in New York recently, the Director General and Chief Executive Officer of the International Air Transport Association (IATA), Mr Pierre J. Jeanniot, expressed concern over the huge financial loss (an ... More

INFRASTRUCTURE

Orissa to have SEZ
Orissa, which at present contributes only a meagre 1.3 per cent of the country's total exports, despite possessing enormous natural resources, may soon have a Special Economic Zone, according to Mr C. J. Venugopal, Additional Secretary, to the ... More

SHIPPING

Seamen: Between the devil and deep sea?
What is amazing about the Rs 100-crore loss suffered by the Seamen's Provident Fund in gilts trading is that even the government auditors did not verify whether the investments were backed by corresponding securities. The fund's Commissioner was vest ed with the powers to deploy large funds. And, those responsible for overseeing such investments believed him blindly. Result: Huge loss to the fund. More

Vizag port anchored on new cargoes
IN a bid to partially offset the projected fall in thermal coal cargo, the Vizag port has set itself on an active marketing drive to get new cargoes. The port's immediate focus is on new cargoes, such as peas and lentils, which were imported in ... More

GENERAL INSURANCE

Corporation for agriculture, crop insurance being planned -- Nabard likely to take part in project
The four General Insurance Corporation subsidiaries are also likely to be part of the new corporation. More

SUPPLY CHAIN MANAGEMENT

Third party logistics: New movers on the block
LOGISTICS is a vital component of a company's strategy to improve performance. Manufacturers abroad have realised that the best way to improve performance is to concentrate on the core competence — making a product, and outsourcing the ... More

RAILWAYS

Work on doubling Coimbatore rail line to begin soon
A CONSTANT irritant to the train passengers in the Coimbatore-Chennai section of the Southern Railway is likely be removed soon when work on the doubling of the broad-gauge line between Coimbatore and Irugur stations begins. The foundation for ... More

Rlys to seek heritage status for Nilgiri Mountain line
THE Nilgiri Mountain Railway (NMR), a star tourist attraction on its own merit and which provides a rail link to the popular hill station Udhagamandalam, is set to have a vintage tag with the Railways proposing to get `world heritage' status from ... More

ROADWAYS

Hi-tech plans to curb vehicle pollution
THE Andhra Pradesh Transport Department is planning to adopt hi-tech measures to effectively control the increasing levels of vehicle pollution in the twin cities of Hyderabad and Secunderabad. The move follows complaints received by the ... More

Ships in Ports

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