The Hindu Business Line : Tuesday, May 27, 2003

Air India to drop fares on domestic routes
AIR India is set to join the `fare wars' raging in the Indian skies. It has decided to reduce the domestic fares on the 14 sectors it flies within the country. Details of the revised fares would be announced on Tuesday, an airline official told ... More

Airport leasing: Contract to KPMG may be cancelled
THE Government may terminate the contract of the global advisors, KPMG, which has undertaken the work on leasing of the four metro airports at Delhi, Mumbai, Kolkata and Chennai. Official sources told Business Line that with procedural ... More

Pre-PIB meet on IA fleet plan postponed again
THE much-awaited meeting of the pre-Public Investment Board to decide on the 43-aircraft fleet acquisition plan of Indian Airlines has been postponed yet again. Sources told Business Line that the meeting, which was earlier scheduled to ... More

INFORMATION TECHNOLOGY

Concor launches info service to track movements
CONTAINER Corporation of India Ltd (Concor) has launched a speech recognition-based information service that enables customers to track container and train movement over the telephone. The Chief General Manager, Concor (Southern Region), Mr ... More

SHIPPING

Indonesian cargo ship mishap in Hooghly — Coast Guard, KoPT blame each other for lapses
THE Coast Guard and Kolkata Port Trust are blaming each other for not playing the due role in the recent ship disaster in which an Indonesian-flag cargo ship `Segitiga Baru', carrying over 5,000 tonnes of soda ash and 1,000 tonnes of dolomite, ... More

ROADWAYS

Road fund: Lenders revive demand for board
IDFC is of the view that the road fund still suffers from the uncertainty of being prone to fungibility by the Finance Ministry. Given the fact that the cess funds are being utilised to leverage private sector funds, Mr Munjee feels that the CRF shou ld be "ring-fenced" from any uncertainties to give comfort to the investors. More

Ships in Ports

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