Financial Daily from THE HINDU group of publications
Wednesday, April 03, 2002
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Mumbai-Frankfurt daily flights from Lufthansa
LUFTHANSA German Airlines today formally announced the start of its Boeing 747-400 daily non-stop services between Mumbai and Frankfurt. With this service, effective from April 1, Lufthansa becomes the only international airline providing such ... More

Fleet acquisition plan -- Air India panel may pick long-distance planes
THE expert committee appointed by Air India (AI) to look into the future fleet acquisition programme of the airline is to summit its report by the end of the month, senior officials of the Ministry of Civil Aviation have said. The officials ... More

SHIPPING


Sinking dry dock has ChPT in tenterhooks
THE Chennai port's inner harbour is heading for a major disaster, even as the abandoned floating dry dock, belonging to Chokhani International Ltd is slowly sinking, according to the Chennai Port Trust (ChPT) sources. One of the two floating ... More

Kolkata port traffic rises 1.3 per cent
WHILE the Kolkata Port Trust as a whole has posted a marginal increase of 1.3 per cent in cargo throughput in 2001-02 over 2000-01, the Kolkata Dock System (KDS) has experienced nearly 25 per cent drop in traffic during the same period. Haldia ... More

ICICI to handle cash portfolio of JNPT
ICICI will advise the Jawaharlal Nehru Port Trust (JNPT) on managing its cash portfolio worth around Rs 800 crore. The JNPT had also decided to invest its funds in triple A rated securities, official sources said. The port's decision to hire ... More

Marginal drop in NMPT throughput
THE New Mangalore Port Trust has registered a traffic throughput of 17.5 million tonnes during the financial year 2001-2002, a 2.8 per cent decline over 17.89 m.t. handled in the previous year. Though the port witnessed a substantial increase ... More

Gujarat Chem offers jetty for diesel, kerosene
THE Dahej-based Gujarat Chemical Port Terminal Company Ltd (GCPTCL) is one destination that is looking to benefit from the dismantling of the administrative price mechanism that became effective on Monday. The GCPTCL is offering its jetty as a ... More

Extension work in Chennai port terminal
Extension work is in progress at the Chennai port container terminal. Under the project, the existing 600-metre terminal is being extended by another 290 metres. After completion, the terminal would be handed over to Chennai Container Terminal ... More

RAILWAYS


Additional capacity on golden quadrilateral -- Rlys seeks to tap multilateral funds
THE Indian Railways is in talks with the Finance Ministry to access a loan of Rs 11,000-12,000 crore from multilateral funding agencies to augment capacity on the golden quadrilateral, according to the Chairman, Railway Board, Mr I.I.M.S. ... More

ROADWAYS


New Koyambedu bus terminal
The 2,000 long-distance buses that terminate at the Broadway bus stand in Chennai's George Town area now will soon move over to the Koyambedu bus terminal, which is receiving the finishing touches. The Rs 89-crore bus stand with 300 bus bays, is ... More

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