Financial Daily from THE HINDU group of publications
Wednesday, April 23, 2003
Markets (April 22)
BL 2501014.05 (-2.48)
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Dollar (Buy/Sell)47.30/47.32
Gold Std (10 gm)5270 (+80)

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AIRLINES


Air Sahara launches new schemes for economy class
IN an effort to boost the air traffic market, Air Sahara today introduced two variants of the sixer and super sixer scheme for the business class passenger and four variants for the economy class passenger. In the new `Pan India super sixer ... More

SriLankan flight to Kochi launched
SRILANKAN Airlines commenced its direct flight service between Colombo and Kochi on Tuesday with the first flight landing at the Cochin International Airport, the second destination in Kerala connecting the island nation. Mr G.T. Jeyaseelan, ... More

SHIPPING


Some truckers begin moving cargo at Kochi port
THE shipping fraternity at Kochi, which had faced the brunt of the weeklong truckers' strike, got some relief on Tuesday following the decision of a section of trailer operators to transport cargo. As many as 60 non-members of the Trailer ... More

Ennore Port moots rail loop to help iron ore exporters
ENNORE Port Ltd has suggested to the Railway Ministry to form a new railway loop line bypassing the crowded Tiruvallur-Chennai section to help iron ore exporters. The new line, likely to be about 80-km-long, will branch off at Puttur and then ... More

RAILWAYS


Minister launches Rly safety device
THE Union Minister of State for Railways, Mr Bandaru Dattatreya, today launched the Anti-Collision Device (ACD) survey on the 400 kms long Renigunta-Guntakal-Toranagallu route in Andhra Pradesh at the Renigunta Railway Station near ... More

ROADWAYS


Khanduri renews offer for talks — Sticks to pre-condition that strike must be called off
THE Union Government on Tuesday renewed its offer for talks to the striking transporters but on the condition that they should first call off their agitation before coming to the negotiating table. Replying to a Calling Attention Motion in the ... More

AIMTC has `open mind' on three demands
WITH the Union Government reiterating that it had no dispute with seven of the ten demands raised by the transporters, the All-India Motor Transport Congress (AIMTC) looks set to "toe a soft line" on their remaining three demands. Responding to ... More

Another truckers' body in AP calls off stir
About 1.8 lakh lorries owned by about 75,000 operators are set to be back on roads with immediate effect. One of the major reasons that the truckers attributed for the stir withdrawal was due to the hardship caused to the agricultural sector in trans porting the farm produce. More

Industry paralysed in Kerala, says CII
THE truckers' strike, which entered the ninth day on Tuesday, has paralysed the industry in Kerala, according to the Confederation of Indian Industry (Southern Region), Kerala. Due to lack of movement of raw materials into the State, the ... More

Truck strike called off in some States — Economy will take longer to recover
TRUCKERS in West Bengal, Orissa, Andhra Pradesh and Karnataka may have decided to opt out of the ongoing strike but that may not immediately lead to any drastic improvement in these States. Though a representative of a leading city-based ... More

Trams to continue — `New roads coming up in Kolkata'
THE roads in Kolkata, which account for 6.5 per cent of the total city area, will rise to nine per cent within the next few years, according to West Bengal Transport Minister, Mr Subhas Chakraborty. This will be possible because of the ... More

Auto companies see slight improvement in supplies
AS the truckers' strike enters its ninth day, it is evoking a mixed reaction across auto companies. While a few companies have halted production, others are heaving a sigh of relief as a few transporters are back on the roads. However, things ... More

`KSRTC to break even this fiscal'
THIRUVANANTHAPURAM: The public sector Kerala State Road Transport Corporation (KSRTC) is expected to turn the corner by the 2004-05 financial year, according to the Transport Minister, Mr R. Balakrishna Pillai. The corporation is ... More


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In Focus
Run-up to Budget
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Telecom Competition
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Housing Fin. rate war: Bonanza for consumers!
NPAs in Banking
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Corporate Governance
Gold: Still the winner?
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Railway Budget
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Apr. 13-Apr. 19
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