Financial Daily from THE HINDU group of publications
Saturday, June 14, 2003
Markets (June 13)
BL 2501211 (+5.34)
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Dollar (Buy/Sell)46.70/46.83
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AIRLINES


Civil Aviation must be a focal Ministry: Rudy
THE newly-appointed Minister of State for Civil Aviation, Mr Rajiv Pratap Rudy, has his agenda chalked out for himself. While acknowledging that there are several priority issues — the question of whether private airlines should be allowed ... More

Airbus may not press guarantee for IA fleet deal
"Seeking sovereign guarantee is a thing of the past. The lack of sovereign guarantee does not impact the cost of borrowing for an airline. The European Credit Agency (ECA) is likely to cover about 85 per cent of the loan," sources said. More

INFORMATION TECHNOLOGY


Galileo India to launch e-ticketing
Addressing a press conference, the General Manager, Galileo India, Ms Seema Luthra, said the company has successfully completed pilot testing and would soon be launching the service with leading airlines. "The introduction of e-ticketing will ... More

Amadeus move to bundle electronic visa services
`Once a traveller makes a booking, there would be no need to hold a ticket in physical form. He will just have to go to the airport and collect his boarding pass and embark on the journey.' More

INFRASTRUCTURE


Bajpe airport upgradation may begin in September
WORK on the upgradation of the Bajpe airport near here is likely to commence by this September. According to the Karnataka Minister for Infrastructure Development and Civil Aviation, Mr T. John, who was here to go over the details of the ... More

SHIPPING


`Solution for Nhava Sheva congestion lies with JN port'
THE solution to the problem of congestion that faces the Nhava Sheva International Container Terminal at the JN port lies with the port and customs officials, according to Mr Jimmy Sarbh, Director of P & O Ports India, which operates the ... More

ABG Industries plans foray into foreign ports
ABG Heavy Industries Ltd, a major player in port and infrastructure development, which has implemented a financial restructuring programme, is planning foray in overseas port infrastructure development projects. The company, which has been ... More

Quashing of order on ports for export sought
THE Cochin Chamber of Commerce and Industry has urged the Central Board of Excise and Customs to quash the notification directing exporters to use specified ports for exports. Strongly opposing the move, the chamber said the notification would ... More

ROADWAYS


Ministry drops bond route to fund NH projects this fiscal — Opts for loans from LIC
THE Union Ministry of Road Transport and Highways has decided not to raise funds for the National Highway Authority of India this fiscal through issue of bonds. Instead, the Ministry has opted for loan funds from LIC for NHAI. This was stated ... More

IBRD aid for TN roads
WORLD Bank funds for the Rs 2,115-crore Tamil Nadu Road Sector Project would be available from October, according to the Chief Minister, Ms J. Jayalalithaa. At a press conference here on Friday, she said that the World Bank had sanctioned ... More


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