Financial Daily from THE HINDU group of publications
Friday, September 23, 2005
Markets (Sept 22)
BL 2502313.80 (-92.43)
BSE Sensex8221.64(-265.50)
S&P CNX Nifty2476.50 (-90.80)
US Dollar (Buy/Sell)43.87/44
Gold Std (10 gm)6750 (+65)


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LOGISTICS

AIRLINES


SpiceJet to close $70-m FCCB issue in October
SPICEJET will close its $70-million FCCB issue in the first week of October. The bonds will be listed at the Luxembourg Stock Exchange. The airline will convert part of the funds into equity. It has reduced the FCCB size to $70 million from ... More

INFRASTRUCTURE


Govt opens technical bids for Delhi, Mumbai airports revamp
THE Government today opened the technical bids submitted by the six short-listed bidders participating in the process for modernisation and restructuring of the airports in Delhi and Mumbai. While official were tight-lipped, sources said that ... More

SHIPPING


Decks cleared for Dhamra port project
THE Dhamra Port project in Orissa, a joint venture of Larsen and Toubro Ltd (L&T) and Tata Steel, has received all statutory approvals and clearances and construction work will commence in January next year. At a press conference here on ... More

CCEA okays JN port expansion project
THE Cabinet Committee on Economic Affairs (CCEA) on Thursday approved a project to deepen and widen the main harbour channel and the approach channel of the Jawaharlal Nehru port, which will cost about Rs 800 crore. The move will enable the ... More

TRADE & LABOUR UNIONS


Draft Maritime Policy draws flak from unions
However, the revised draft is not significantly different. The meeting concluded with the note that further discussions are necessary. More

RAILWAYS


SCR electric loco shed completes 10 years
THE Electric Loco Shed (ELS) at Lalaguda, which inherits the legacy of the century-old steam loco shed, has completed 10 years and achieved the accident-free tag. It is an important landmark for the shed, which quickly transformed itself to ... More

On the recovery track
The railway authorities have repaired the tracks and restored train services partially, but large patches of agriculture land remain submerged in the cyclone-hit parts of the State. ... More

ROADWAYS


CCEA clears road project for N-E
The project would be implemented by National Highway Authority of India, the PWD and the Assam Border Roads Organisation and completed between 2005-06 and 2008-09. More
Ships in Ports



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