Financial Daily from THE HINDU group of publications
Tuesday, March 25, 2003
Markets (March 24)
BL 2501059.82 (-17.89)
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AIRLINES


Insurance costs to go up for Air India, IA flights to Kuwait
THE war in Iraq is taking its toll on the global civil aviation industry including the operations of Air India and Indian Airlines to Kuwait. The insurance companies have issued notice to increase insurance premium for airlines operating to ... More

`Gulf skies safe for Indian flights'
THE chances of a commercial Indian aircraft being hit by the coalition or Iraqi forces, as has been the fate of a few British Air Force helicopters and aircraft, seems remote. Indian commercial pilots, who have flown regular and special ... More

Jet Airways hikes fares by 15 pc
JET Airways today announced a 15 per cent hike in its fares. The increased fares, which come into effect from Wednesday (March 26), will see a passenger flying between Delhi and Mumbai paying Rs 7,830 for a one-way ticket in economy class, up ... More

SHIPPING


Shipping lines slap war-risk surcharge
The war risk surcharge being imposed on trade from Monday will be $40 per TEU for Dubai, Muscat, Jebel Ali, Sharjah and other lower Gulf Ports, $50 for Bandar Abbas, $60 for Bahrain and Dammam and $90 for Kuwait. More

DG Shipping alert
MUMBAI: With the US-led war on Iraq showing no signs of an early end, the Directorate General of Shipping has alerted Indian shipping companies on the possibility of their ships being deployed for evacuating Indians living in the Gulf ... More

ROADWAYS


L&T wins Rs 269-cr Karnataka road project contract
LARSEN and Toubro Ltd has bagged a Rs 269-crore road contract from the Karnataka State Highways Improvement Project. Funded by the International Bank for Reconstruction and Development, this `deemed export' order is for the upgradation of the ... More
Ships in Ports
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