Financial Daily from THE HINDU group of publications
Wednesday, February 12, 2003
Markets (Feb. 11)
BL 2501195.62 (-1.51)
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Dollar (Buy/Sell)47.73/47.87
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LOGISTICS

AIRLINES


Air India, IA told to get ready for Gulf evacuation
WITH war clouds looming large in the Gulf region, the Indian Government is pulling out all the stops to get the Indians back from the region. As part of the effort, Air India (AI) and Indian Airlines (IA) have been asked to stand "prepared" to ... More

Foreign airlines keen on flights to Hyderabad
BRITISH Airways, Saudi Airlines, Kuwait Air and Sri Lankan Air are among major international air carriers who are knocking at the doors of the Andhra Pradesh Government and the Department of Civil Aviation, to launch their flights to ... More

More SIA flights to Bangalore
SINGAPORE Airlines will operate three flights from Singapore to Bangalore from May 1. According to a press release, the airline will operating on Monday, Thursday and Saturday and will use B 777 aircraft. Bangalore will become the th city in ... More

Hyderabad airport expansion under way
THE expansion of Hyderabad airport, including the runway, is at an advanced stage and notices have been sent to some of the houses which are located in the region below the flight funnel, according to Capt S.N.Reddy, Special Secretary, Government ... More

SHIPPING


GE Shipping pulls out of SCI race
THE Great Eastern Shipping today said the company is no longer interested in bidding for Shipping Corporation of India (SCI). In a notice to stock exchanges, GE Shipping, believed to be a serious bidder for SCI, said the company has decided not ... More

Norms eased for pvt participation in ports — Port trusts told to waive minimum guaranteed throughput
According to Mr Pinto "there will be very few non-negotiable conditions while developing a cargo handling facility at a major port with private participation." More

Ministry sets up group to study vessel-related charges
THE Shipping Ministry has set up a small group to study and suggest measures to reduce the high vessel-related charges at major ports, the Shipping Secretary, Mr M.P. Pinto, has said. While the cargo handling charges at major ports were almost ... More

ALLIANCES & JOINT VENTURES


Transworld, Concor tie up for direct coastal shipping
THE Transworld Group, in joint venture with Container Corporation of India (Concor), on Wednesday will commence its direct coastal shipping service on the East Coast connecting Chennai with Chittagong and Myanmar. The IBM (India, Bangladesh and ... More

SUPPLY CHAIN MANAGEMENT


Speed Post, Business Post earnings up
THE two main `premium products' of the Department of Posts - Speed Post and Business Post - have picked up more business in the first nine months of the current financial year, as compared to the same period of the previous year. The DoP ... More

ROADWAYS


Rs 150-cr roads project for Kerala capital
A RS 150-crore scheme for the comprehensive development of the road network in the capital city is awaiting the clearance of the State Government. The project, a detailed report on which was prepared by Consulting Engineering Services as part ... More

TRENDS


ATM cards find flavour among cabbies
SANTHOSH, a taxi driver in Kochi, cannot imagine his days without ATM cards and plastic money. Gone are the days when he used to ferry people from city to city with his purse stuffed with currency notes for fuel and food. And Santhosh is not ... More
Ships in Ports
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