Financial Daily from THE HINDU group of publications
Wednesday, November 13, 2002
Markets (Nov. 12)
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LOGISTICS

AIRLINES


Air passengers plead for regulator to monitor fares
THE Air Passengers Association of India (APAI) has called for a regulatory authority to control the frequent increase in airfares. Mr D. Sudhakara Reddy, President, APAI, said that this authority should investigate the factors which led to such ... More

Reverse auction of some IA routes under study
THE domestic air traveller may soon have the option of flying with Jet Airways or Air Sahara on some of the uneconomical routes being operated by the State-owned domestic carrier, Indian Airlines. In an effort to ensure that the entire burden ... More

SHIPPING


DCI pays Rs 21-cr dividend to Govt
DREDGING Corporation of India (DCI) has paid a dividend of Rs 20.7 crore to the Union Government for 2001-2002 on the strength of a Rs 500-crore turnover, which was 25 per cent higher than the previous year, an official statement said here on ... More

EVENTS


Air cargo agents' meet in Colombo
THE annual convention of the Air Cargo Agents Association of India (ACAAI) will be held in Colombo from November 16 to 19. The theme of the convention will be ``Airline forwarder synergy - Market mandate'' and it recognises that a service ... More

RAILWAYS


Regulator for rail tariff on the cards
A RAILWAY Tariff Regulatory Authority to oversee pricing of passenger and freight traffic services is on the cards. A formal indication that the Government would consider the setting up of such an authority on the lines of the Telecom Regulatory ... More

Rlys to develop land around stations in Delhi
A SHOPPING mall, separate arrival and departure enclosures, multi-storeyed car parking, a five-star hotel, a hospital and much more. This will be the face of the New Delhi station going by the plans of the Railway Ministry for redeveloping ... More

IRFC pays Rs 100-cr dividend, posts Rs 292-cr profit
INDIAN Railway Finance Corporation (IRFC) has posted a profit after tax of Rs 291.8 crore for 2001-02 and declared a dividend of 43 per cent amounting to Rs 100 crore. The dividend is the highest-ever paid by IRFC to the Indian Railways. The ... More


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