Financial Daily from THE HINDU group of publications
Friday, August 12, 2005
Markets (August 11)
BL 2502410 (+14.98)
BSE Sensex7816.51 (+86.69)
S&P CNX Nifty2380.90 (+20.75)
US Dollar (Buy/Sell)43.54/43.67
Gold Std (10 gm)6245 (+30)

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Bar on foreign airlines' stake in domestic carriers to stay
THE Government is "at present" not in favour of direct or indirect equity participation by foreign airlines in domestic airlines, the Minister of Civil Aviation, Mr Praful Patel, told Parliament today. He also said that Persons of Indian Origin ... More

ONGC takes delivery of first copter from HAL
Oil and Natural Gas Corporation Ltd on Thursday took delivery of the first of its three helicopters from Hindustan Aeronautics Ltd. It said it would be ordering some more of the indigenously made advanced light copters. The other two civil ... More

AI may ink pact with Falcon for ferrying cargo
AIR India plans to sign a formal agreement with the West Asia-headquartered Falcon Group for sourcing 75 tonnes of cargo a week on the Kerala-Dubai and 100 tonnes of cargo a week on the India-Germany sector by the middle of this month, senior ... More

IA offer on Tirupati route
HYDERABAD: Indian Airlines has introduced an attractive return fare on the Hyderabad-Tirupati-Hyderabad sector, 45 per cent less than the normal rate. The new `Excursion Fare' for a round trip travel in the economy class in the sector is ... More


JNPT moves boxes through barges to prevent congestion
JAWAHARLAL Nehru Port, in coordination with Concor and Customs, has started moving out import ICD boxes through barges via Mumbai port for onward transportation to ICD Delhi. This is part of decisions taken at the meeting of the Container ... More

Varun Shipping signs pact to buy 3 LPG carriers
VARUN Shipping on Thursday announced that its wholly-owned subsidiary, VSC International Pte Ltd, Singapore, has signed memorandum of agreements for acquisition of three 1991-built LPG carriers. All the vessels will be delivered between August ... More

`Visakha box terminal geared to handle additional traffic'
VISAKHA Container Terminal (VCT), Visakhapatnam port's container terminal, is all geared to handle any number of containers, both imports and exports, that could not be routed through the Jawaharlal Nehru port in view of the present congestion ... More


New dress code for postmen in AP
HYDERABAD: Postmen will soon don a new uniform. Marking its Sequicentennial Year (150 years) celebrations, the Department of Posts (DoP) has decided on a new dress code. Henceforth, the colour of the new uniform would be sky blue shirt ... More
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