July 3rd, 2009 — News
Panprojects India is moving the first set of four coaches for Delhi Metro Rail Corporation Ltd (DMRC) from Bombardier’s Savli factory in Gujarat to DMRC Depot, Khyber Pass, New Delhi by road - a distance of approximately 1,100 km.
The coaches have been loaded and will move out on 3rd July after 11:00 pm. They are expected to reach Delhi by the 12th of July, 2009.
July 1st, 2009 — News
The domestic ground handling policy that was to be implemented initially from 01 January, 2009, and was already deferred till the 1st of July, 2009, has now been further postponed by another 6 months.
Some key executives from the industry hinted at the possibility that the ground handlers are not ready with the required infrastructure, and are of the opinion that they should be penalised for the delay.
July 1st, 2009 — News
GeoPost, the express parcel arm of French Groupe La Poste, and Continental Air Express Pvt Ltd, an associate company of the Vohra family owned Continental Carriers Group, announced the setting up of a joint venture company.
The new Joint Venture (JV), called DPD Continental Pvt. Ltd., will offer inbound and outbound express parcel services under the world-class brand DPD to customers in India.
June 23rd, 2009 — News
Larsen & Toubro Ltd (L&T) is currently moving a 44 m long, 4.4 m wide and 3.6 m high urea reactor for the PetroChina Company Ltd.
The 275 ton reactor, which was manufactured over the past one year, is being moved from L&T’s Powai facility to the Mumbai Port by road. It left the L&T Powai campus from Gate No. 1 at 1:00 am on the 23nd June, 2009.
May 26th, 2009 — News
According to news reports, a group of armed robbers looted high value cargo from the Mumbai domestic airport’s cargo terminal. The cargo containing six parcels of gold and silver coins weighing 145 kgs was robbed after four people flashed a gun at a cargo counter.
May 19th, 2009 — News
Europe’s largest airline, Air France-KLM announced losses of €814 million for fiscal year 2008-09. In the last financial year, the group had announced around 2700 job cuts and further cuts ‘on similar lines’ are to be expected this year.
This is the first time the group suffered losses since it was formed in 2003. Continue reading →
May 19th, 2009 — News
Great Offshore Ltd has announced that ONGC has cancelled its contract and invoked a performance guarantee of around $3.8 million.
This is a result of Great Offshore’s non-delivery of the jack-up rig named Samed Shikhar.
As per the terms of contract, the company was to deliver it by 14th May 2009.
May 19th, 2009 — News
Blue Dart has announced the opening of its new service centre at Valsad in South Gujarat. This new service centre will have access to its entire range of products and services – both air and ground, domestic and international.
In addition, it would also service DHL customers in this region.
Blue Dart said that this initiative consolidates its presence in the North-South corridor of Gujarat starting from Vapi in the South extending up to Mehsana in the northern part of the state.
The company already has service centres in Ahmedabad, Navsari, Billimora, Surat, Ankleshwar, Vadodara, Anand, Nadiad, Halol, Rajkot, Bhavnagar, Gandhidham, Jamnagar and Vapi.
May 19th, 2009 — News
S. S. Raman is the new Managing Director of TVS-E Servicetec, a part of $3.5 billion TVS Group.
Established in October 2007 as a separate entity, TVS-E Servictec provides services to various industry verticals such as IT and peripherals, cell phones, banking and retail automation, telecom infrastructure and lifestyle electronics.
May 19th, 2009 — News
Nokia today announced plans to align activities in its Demand Supply Network Management organisation, which is responsible for production and logistics for its mobile devices.