Trans & Logistics Sector Updates

Spicejet fund raising seen affected by telecoms probe Budget carrier Spicejet expects fund raising to be "challenging," after media reports that linked the firm's majority ow

Air India cuts local, intl flights citing lower demand
State-run carrier Air India has withdrawn at least 25 f .   

.. Funds that may have suffered SpiceJet's hard landing
SpiceJet has touched a 52-week low of Rs 33.50 and clos ..    

. Airlines gain from slow but steady global recovery: IATA
The International Air Transport Association (IATA) said .   

.. Govt seeks 'zero tolerance policy' towards aviation safety
With several air mishaps occurring in the recent past, .     

.. Air fares unlikely to witness any decline
With major airlines suffering huge losses, air fares ar .     

.. Transport Corp declares final dividend at Re 0.50 per share
Transport Corp at its meeting held on June 01, 2011 has ..     

. Essar Shipping must list above Rs 42 for traders to profit
Essar Ports, after demerger from Essar Shipping & Ports ..    

. GMR defers cash and carry on Kingfisher, AI for 2 airports
GMR Group has deferred its cash and carry arrangement w .       

.. Coastal Roadways to consider dividend
Coastal Roadways has its Board of Directors meeting on ..