Financial Daily from THE HINDU group of publications
Thursday, October 06, 2005
Markets (October 5)
BL 2502489.73 (-14.64)
BSE Sensex8724.47 (-75.49)
S&P CNX Nifty2644.40 (-18.95)
US Dollar (Buy/Sell)44.24/44.37
Gold Std (10 gm)6720 (-20)


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LOGISTICS

AIRLINES


AI may hedge on 10% of ATF from January 1
THE New Year will provide some relief for Air India on the fuel front. The airline board has been given the nod to hedge 10 per cent of the aviation turbine fuel (ATF) that it uplifts from abroad from January 1, 2006. AI will be the first ... More

Singapore Airlines to operate flights from Hyderabad
SINGAPORE Airlines would be operating its flights to Hyderabad and back starting from October 30. The Country Manager of Singapore Airlines, Mr B.K. Ong, called on the Chief Minister, Dr Y.S. Rajasekhara Reddy, at the State Assembly here on ... More

INFRASTRUCTURE


Kerala to seek Rs 528 cr from World Bank for road project
An Ordinance will be promulgated to amend an earlier notification that made installation of `speed governors' in commercial vehicles mandatory. More

SHIPPING


Major ports likely to get more financial autonomy — Proposal to allow chairmen clear investments up to Rs 500 cr
In a significant development, the Ministry of Shipping has proposed that chairmen of major ports could take decisions on investing for infrastructure development up to a ceiling of Rs 500 crore without having to seek the Government's approval. ... More

Chennai, Mumbai may provide alternative routes for Bhutan
Shipping lines currently bringing Bhutanese imports from third countries but not calling at Kolkata port would often dump the consignments either at Chennai or Mumbai. More

`Develop LNG fleet under Indian flag'
THE Shipping Ministry has asked Indian ship owners to take the initiative to develop a LNG shipping fleet under Indian flag. Mr. D.T. Joseph, Secretary to the Ministry of Shipping, told newspersons that ship owners had delayed in getting LNG ... More

SUPPLY CHAIN MANAGEMENT


TNT Express hopes for higher growth
TNT India Pvt Ltd, the Indian arm of the Netherland's business-to-business courier major, has chalked a higher growth path this year. The company is basking in double-digit growth in its international courier business with textile sampling ... More

RAILWAYS


Platform work at Howrah Station begins
WORK on the improvement of the Howrah Station complex, both old and new, for which Rs 8 crore has been sanctioned by the Indian Railways, began today through commencement of construction of new platform No 17 at the new complex. Work on the ... More

ROADWAYS


Road operators to be compensated if hit by over Rs 1 cr
THE Government has cleared the last mile hurdle in the finalisation of the new agreement for handing over large road projects to the private sector on a build, operate and transfer basis. Road operators can now seek compensation only if their ... More

Transporters' strike hits JNPT operations
OPERATIONS at Jawaharlal Nehru port were affected on Wednesday, following an indefinite strike by the 12 unions representing the transport operators at the port. They were protesting against the decision to collect toll charges on every truck ... More

Meet to discuss alternative fuels, electric vehicles
THE Administrative Staff College of India (ASCI) here is organising a one-day policy dialogue on electric vehicles and alternative fuel technologies in the Indian Transport Sector on Thursday. There is a growing attention towards alternatives ... More

Kerala: Meet to highlight tourist transport industry woes
THE All-Kerala Travel Operators Co-ordination Committee, representing three associations in the tourist transport sector, has called upon Government authorities to initiate effective steps to stop unhealthy competition among travel operators in ... More


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Major ports likely to get more financial autonomy — Proposal to allow chairmen clear investments up to Rs 500 cr

In Focus

Indian Aviation: Sky is the limit
Stock splits
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Sep. 25-Oct. 1
`Lack of air cargo space hampers farm exports'

Pvt sector to be roped in to develop non-metro airports

AI net rises to Rs 96 cr, to pay dividend for first time in 10 years

Leasing of aircraft could get dearer from today


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