Financial Daily from THE HINDU group of publications
Friday, January 24, 2003
Markets (Jan. 23)
BL 2501124.41 (-7.38)
BSE Sensex3328.18 (-28.86)
S&P CNX Nifty1070.90 (-12)
Dollar (Buy/Sell)47.85/47.98
Gold Std (10 gm)5850 (+50)

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AIRLINES


Malaysian Air gets nod for more flights
MALAYSIAN Airlines has been given permission to increase the frequency of its flights to several Indian destinations including Mumbai, Hyderabad and Bangalore. At the conclusion of the air services bilateral talks between India and Malaysia ... More

Emirates unveils expansion plans
"Emirates will have a fleet of 56 aircraft by March 31, 2004, a dedicated Emirates terminal at the Dubai International Airport opens in 2005 and the first of our 22 double-decker A380s arrives in 2006." More

AAI Act to be amended for faster privatisation
IN an effort to expedite the privatisation of airports, the Government is to look at amending the of the Airports Authority of India (AAI) Act as this would open up a host of options for the authorities. "The Government would like to have a ... More

Air India operated 21 more flights to clear `fog rush'
AIR INDIA operated 21 additional flights between January 1 and January 21 to transport over 5,000 passengers stranded on account of flight disruptions due to the fog that enveloped the Capital's airspace this winter. These comprised 19 flights ... More

Sept 11 hits aircraft engine production
THE impact of September 11 attacks on the aviation industry has hit manufacturers of aircraft engines as well. According to Mr Chaker A. Chahrour, General Manager (GE90 Project Department) GE Aircraft Engines, in tune with the impact September ... More

SHIPPING


Defence Ministry clears Vallarpadam terminal
THE Defence Ministry has given the green signal for the prestigious Vallarpadam Container Transhipment Terminal to be set up besides the Cochin Port. "As a result, there are no more obstacle in installation of tall cranes at the terminal," Dr ... More

Chemplast set to demerge shipping
CHEMPLAST Sanmar Ltd has informed the stock exchanges that it intends to "consider a scheme to demerge the shipping business of the company". Chemplast Sanmar holds 50 per cent of the equity of Sanmar Shipping Ltd, which was created a couple of ... More

Vizag port may review oil transhipment rates
THE Visakhapatnam Port Trust (VPT) has before it a proposal for reviewing the wharfage on transhipment of oil traffic. The review has become necessary in view of the partial flight of the traffic to the neighbouring Kakinada port as well as ... More

SOFTWARE


NeST Avionics in pact with airline majors
In the long term, the avionics division intends to provide solutions to ensure safety of aircraft, their maintenance management and operational improvement systems. More

RAILWAYS


Rlys to highlight freight trains in Jan 26 tableau
THE Indian Railways will present the tableau of freight trains during the Republic Day parade with the aim of highlighting the importance of these trains in ensuring the sustained development of transport infrastructure and industries, an ... More
Ships in Ports
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Jan. 12-Jan. 18
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