Financial Daily from THE HINDU group of publications
Thursday, June 19, 2003
Markets (June 18)
BL 2501245.72 (+12.11)
BSE Sensex3430.96 (-0.07)
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Dollar (Buy/Sell)46.56/46.69
Gold Std (10 gm)5540 (+10)

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AIRLINES


Status quo likely on airport ground handling work
THE domestic airlines doing their own ground handling at present can rest easy, at least for now. The earlier Government decision that all ground handling work for domestic airlines is to be done by Air India, Indian Airlines and Airports ... More

Air Cargo agents to stop work from today
THE Air Cargo Agents Association of India (ACAAI), the apex industry association for air cargo agents, will "stop work" from 6 am on June 19 until midnight of June 20 in Chennai. Mr A.S.Narayanan, Chairman, ACAAI, southern region, said that ... More

Air freight rates soften under overcapacity
AIR FREIGHT rates have furthered softened under pressure from overcapacity during the past three weeks, sources said. In the first week of May, airlines had dropped their rates by around five per cent and the rates have slipped further ... More

INFRASTRUCTURE


`Kasargode-Trivandrum expressway unviable'
THE proposed 507-km expressway linking Kasargode with Thiruvananthapuram at an estimated cost of Rs 6,400 crore will cause severe financial crisis for the State if it enters into a joint venture to implement this project, according to a ... More

SHIPPING


Congestion at JN Port eases
EXPORTERS and importers operating out of the Jawaharlal Nehru Port heaved a sigh of relief, as the debilitating congestion that had strangled movement of cargo at the privately-operated Nhava Sheva International Container Terminal (NSICT) for the ... More

Kochi drops BOT route for bunkering terminal
FINDING that the BOT route was not a feasible proposition, the Kochi port has decided to give the proposed bunkering terminal project under the licence agreement. The port in this connection has cancelled the tenders received from private ... More

SUPPLY CHAIN MANAGEMENT


Courier cos' plea to scrap hike in air baggage rates
THE Express Industry Council of India (EICI) has urged the three domestic airlines to withdraw the 60 per cent hike on baggage rates for on-board couriers. Speaking to newspersons on Wednesday, Mr Sandip Shah, Managing Director, Elbee Services ... More
Ships in Ports
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