Financial Daily from THE HINDU group of publications
Wednesday, June 04, 2003
Markets (June 3)
BL 2501174.23 (-0.90)
BSE Sensex3181.97 (-24.41)
S&P CNX Nifty1010.65 (-4.50)
Dollar (Buy/Sell)46.94/47.08
Gold Std (10 gm)5655 (+20)

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IA fleet acquisition may be delayed by a year
DESPITE the pre-Public Investment Board (pre-PIB) meeting for firming up the Rs 10,089-crore 43-Airbus aircraft fleet acquisition plan of Indian Airlines (IA) being scheduled for June 12, the actual induction of the aircraft is likely to be ... More

SHIPPING


Bidding for Azhikkal port to begin soon
THE bidding process for the first stage of the development of Azhikkal port near Kasaragod is set to commence shortly with the structuring of the project profile having reached the final stages. The project profile is being prepared by ICICI- ... More

Kochi April exports dip by 6,000 tonnes
EXPORTS of various commodities through the Kochi port have declined by over 6,000 tonnes during April this year compared to the previous month of March. The figures of some of the major commodities exported through the port in April stood at ... More

Cargo support policy post-divestment — Preference for only Indian-registered SCI ships
"This simply means that the strategic buyer of SCI cannot flag-out any of the company's vessels abroad through a subsidiary and then seek cargo preference for such vessels in India," Government sources said. More

GENERAL INSURANCE


IRDA research centres soon on motor insurance
The two research institutes will have common user facilities to benefit the industry. Slated to come up in Chennai, they will be funded by the insurance regulator. More

RAILWAYS


Rail bridge over Sorrow of Bihar soon
AFTER nearly 70 years, a railway bridge over the Kosi river, called `Sorrow of Bihar', will be constructed at Nirmali in North Bihar, saving passengers in the region from the trouble of taking a 298 km circuitous route to reach the North Eastern ... More

Foundation laid for Delhi Metro Rail
THE Deputy Prime Minister, Mr L.K. Advani, laid the foundation stone of the Barakhamba Road-Dwarka section of Delhi Metro here on Tuesday. The 22.8-km stretch of the Metro is part of the ongoing first phase of the Rs 10,500-crore project and ... More

ROADWAYS


Experts debate pros and cons of Kasaragod-Trivandrum expressway
DELIBERATIONS at an all-India seminar on `Express Highway Kasaragod to Thiruvananthapuram', organised by the Institution of Engineers-India (IEI), Kochi chapter, touched upon various aspects of the project, and one of the major issues came up for ... More

Huda to float expressway project bonds
THE Hyderabad Urban Development Authority (Huda) is contemplating to float bonds to part fund the 100-km `Outer ring express highway project' envisaged to lay multi-lane roads encircling the twin cities. "We are waiting for Crisil rating. Once ... More


Ships in Ports
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