Financial Daily from THE HINDU group of publications
Tuesday, August 23, 2005
Markets (August 22)
BL 2502386.32 (-36.44)
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LOGISTICS

AIRLINES


`Steep air freight rates hurting flower exports'
THE country's immense potential for exporting flowers to Europe, the US, and Japan is largely unutilised due to the steep air freight and the lack of Government support, according to Mr K.S Ramakrishna, Managing Director of Karuturi ... More

SpiceJet plans Rs 400-cr FCCB issue to acquire 20 Boeing — No change in ownership structure: Chairman
During the first three months of operations, the airline has been recording profits as it has been able to "fully recover" its variable costs. More

SHIPPING


New Mangalore Port begins handling peas cargoes
THE New Mangalore Port has begun handling new cargoes such as yellow peas and green peas at its premises. A press release by New Mangalore Port Trust on Monday said that M.V. Kang Fu called at the port to discharge 6,166 tonnes of yellow peas ... More

Kerala to focus on three port projects
With the Vizhinjam project having overcome the hiccups to attract a couple of bids, the Government has narrowed down its focus on two other ports, namely, Beypore and Azhikkal, that have moved ahead in the bidding process. More

Massive congestion at Haldia dock
THE Haldia Dock System (HDC) of Kolkata port is facing a massive congestion of ships at the Sandheads. According to port sources, on Monday 27 vessels were waiting for berths. Of these, 19 are to load iron ore. At present, HDC has 12 ... More

GENERAL INSURANCE


Cap likely on third party liabilities of insurers
Any compensation award to accident victims beyond the ceiling would have to be borne by the vehicle owners or fleet operators. More

Pilot project for online motor claims processing under way
THIS might bring a smile to car owners who have waited endlessly for their motor claims to be settled. A few general insurers and car dealers are in pilot projects to assess online processing of motor claims. This means that once a vehicle's ... More

SUPPLY CHAIN MANAGEMENT


Demand-driven supply networks — Collaborative enterprise, the key
AS A manufacturer, wouldn't you welcome a system where there are no warehouses, inventories or paper invoices, just plug-ins that monitor your supplier network automatically, in real-time, everywhere, simultaneously? ... More

EVENTS


Dubai air show to feature `Brand India'
A `Brand India' pavilion will be mounted at the ninth international aerospace exhibition — Dubai 2005 — in November. . This is the first time India is making a presentation at the Dubai air show. `Brand India' is being ... More

RAILWAYS


Parliament nod for commercial use of railway lands
PARLIAMENT has approved a legislation to set up the Railway Land Development Authority (RLDA) to commercially utilise the vacant railway lands across the country. The Railway (Amendment) Bill 2004, which had earlier been cleared by the Lok ... More

ROADWAYS


JCBL hopes to sell 100 luxury buses a year
THE Chandigarh-based JCBL Ltd, which claims to be the largest bus building company in India, aims to sell at least 100 high-end luxury buses each year. The company has a tie-up with King Long, a Chinese company, to produce luxury buses in ... More
Ships in Ports



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In Depth

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Looking back
Aug. 14-Aug. 20
Tread cautiously on freight corridor project: McKinsey

L&T, Hong Kong co bag Hyderabad airport orders


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