Financial Daily from THE HINDU group of publications
Wednesday, July 31, 2002
Markets (July 30)
BL 2501046.90 (-13.22)
BSE Sensex2990.91.06 (-39.15)
S&P CNX Nifty960.65 (-11)
Dollar (Buy/Sell)48.65/48.73
Gold Std (10 gm)5065 (+35)

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INFRASTRUCTURE


Konkan Rail chief promoting `sky bus' concept
A NOVEL, mass rapid transport system that occupies very little urban space — in fact, generates space — offers the luxury of air-conditioned travel but cheaper than any public transport system available could well come true within the ... More

SHIPPING


SCI hits a storm in first quarter — Suffers Rs 5.9-cr loss
IT'S no good news for those bidding for the 51 per cent Government stake in Shipping Corporation of India (SCI). The biggest shipping company in the country has reported a net loss of Rs 5.93 crore in the first quarter ended June 30, 2002 as ... More

Bottoms fall off for shipping cos
A CHOPPY freight market has taken the wind out of the sails of shipping companies with the bottomlines of the top three Indian liners hitting deep troughs. The largest shipping line of the country, Shipping Corporation of India, which owns ... More

GE Shipping net drops 53%
MUMBAI: Great Eastern Shipping Company Ltd has reported a 53 per cent drop in net profit at Rs 29.54 crore in the first quarter ended June 30, 2002, against Rs 63.44 crore in the year-ago period. Total income also slipped by 32.5 per cent ... More

Boat tragedy raises demand for better safety
THE recent boat tragedy in Vembanad lake, off Kumarakom in Kottayam district, has evoked criticism about the condition of the boats operating in the lakes and backwaters of the State. The Kerala State Water Transport Department (KSWTD) has ... More

Essar Shipping on rough seas with lower net profit
MUMBAI: The net profit of Essar Shipping has fallen sharply to Rs 3.31 crore for the first quarter ended June 30, 2002 from Rs 25.20 crore in the year-ago period. According to the company, operating profit was down due to lower freight ... More

Curbs on rubber imports thru Kolkata, Vizag may go
THE decision to allow general import of natural rubber only through the two designated ports of Visakhapatnam and Kolkata is likely to be reviewed. Industry expectations are that this restriction may soon be lifted. At a recent meeting between ... More

SUPPLY CHAIN MANAGEMENT


Vizag CFS starts reefer cargo services
IN a significant development for seafood exporters in this region, the container freight station (CFS) of the Central Warehousing Corporation (CWC) has launched reefer cargo services. The first consignment of reefer cargo, comprising 700 ... More
Ships in Ports
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