Financial Daily from THE HINDU group of publications
Friday, March 15, 2002
Markets (March 14)
BL 2501125.92 (+3.00)
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LOGISTICS

AIRLINES


Lankan Air to begin daily service to Thiruvananthapuram
SRILANKAN Airlines will operate flights between Thiruvananthapuram and Colombo daily, up from the five-time-a-week service offered in its summer timetable, which comes into effect from March 31. According to an airline statement, the airline ... More

SHIPPING


TAMP to be made appellate tribunal
THE Union Shipping Ministry has started work on converting the Tariff Authority for Major Ports (TAMP) into an appellate tribunal by drafting a Cabinet proposal to amend the Major Port Trusts Act, 1963, for facilitating this task. While ... More

Scrutiny norms for export cargo eased
The Central Board of Excise and Customs has now indicated that in case of exports where the duty benefit is above Rs 1 lakh, 10 per cent shipments should be checked on a random basis, and in cases where the duty benefit is below Rs 1 lakh, only surpr ise checks would be carried out. More

Drop in VPT cargo throughput feared
WITH recession in international trade persisting, the cargo throughput for the Visakhapatnam Port Trust (VPT) for the current fiscal is likely to fall short of the expected level of traffic, with most of the cargoes registering a decline compared ... More

5 pc rise seen in Paradip port throughput
PARADIP Port Trust's total traffic throughput in 2001-02 is estimated at 21 million tonnes (m.t.), up by about five per cent over 19.9 m.t. in 2000-01, according to PPT sources. In 2000-01, with a total traffic of 19.9 m.t., the port posted ... More

SCI scrip surges; market cautious
THE Shipping Corporation India (SCI) stock, steamed by disinvestment prospects, has risen since February 1. The stock price has doubled to the current levels of Rs 67 on major bourses from Rs 33.50 recorded on January 30. The combined daily ... More

GENERAL INSURANCE


Insurance cos to go slow on vehicle exposures
IN a bid to keep the lid down on underwriting losses, insurance companies led by the private sector have begun restricting exposures on multi-utility vehicles and luxury cars. The lead in making these restrictions has been taken by Bajaj ... More

`Report on motor tariff rationalisation `lopsided'
THE report of the committee constituted for the rationalisation of the India Motor Tariff (the Ansari Committee), that recommends tariff hikes for motor insurance, might make the insurance companies happy, but experts have pointed out a marked ... More


Ships in Ports
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Top Stories
No going back on reforms, says Antony


Scrutiny norms for export cargo eased

PC sales growth at snail's pace

Britannia gets nod for hiving off dairy business

Crude olein shipments flood domestic market -- Revenue loss feared in vegoil imports

Phone rentals hiked for commercial subscribers

TAMP to be made appellate tribunal

Discrimination `at work'

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Mar. 3-Mar. 9
Foreign-bound vessels can carry containers between Indian ports

Sinha steers sops transport sector way


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