Financial Daily from THE HINDU group of publications
Friday, October 07, 2005
Markets (October 6)
BL 2502441.67 (-48.05)
BSE Sensex8528.70(-195.77)
S&P CNX Nifty2579.15 (-65.25)
US Dollar (Buy/Sell)44.22/44.35
Gold Std (10 gm)6740 (+20)

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Domestic air travel to cost more from October 9 — Jet, Sahara announce 10 pc hike
DOMESTIC air travel will cost more from October 9. While the two main players — Jet Airways and Air Sahara — have announced a 10 per cent across-the-board hike in their fares from October 14, the low-cost airline Spice Jet has ... More

Services to Toronto, Haj charters — AI plans to lease 3 more aircraft shortly
AIR India plans to induct three more aircraft shortly including one Boeing B 777-200A and two Boeing 747-200. Sources told Business Line that the Boeing 777 aircraft, which is to be taken on dry-lease for five years, is to be utilised ... More

Pune airport to be wi-fi-enabled soon
About six lakh passengers used Pune airport last fiscal and about 20 per cent growth is expected this year. Talking to presspersons, Mr S. Kailasanathan, Managing Director of the Chennai-based Microsense Pvt Ltd, said Pune was the first ... More

AI's Malaysia, Singapore offer
TOURISM Malaysia and the Singapore Tourism Board have tied up with Air India to offer a five-day, four-night package in Kuala Lumpur and Singapore to Indian travellers for Rs 18,999. The package includes a stay of two nights each in Singapore ... More

`States should enter jt ventures with IA to enhance connectivity'
THE Minister for Civil Aviation, Mr Praful Patel, has asked State Governments to consider entering into joint ventures with Indian Airlines (IA) or its subsidiary so as to enhance air connectivity within the States. "We are looking to replicate ... More


MoU for Mysore airport development
THE Karnataka Government has signed a memorandum of understanding (MoU) with the Airports Authority of India (AAI) to develop the airport in Mysore into a modern facility capable of handling large aircraft and providing all amenities to the ... More


`New entrants may pose threat to container lines'
"Names such as DHL and Fedex, synonymous with the speed and reliability that customers seek, are likely to target container shipping lines' customers." More

JNPT transport operators defer strike by one month
THE Jawaharlal Nehru port got a relief from the indefinite strike by transport operations on Thursday, with the 12 unions representing the transport workers deciding to postpone the agitation by one month. This follows an assurance given by the ... More

Deep-draft berth handed over to New Mangalore Port Trust
The new berth can handle bulk fertilisers, coking coal, and iron ore fines with higher draft vessels. More

Kochi port invites EoI for ship repair facility
The invitation is open to experienced domestic as well as international private sector ocean-going ship builders or ship repair yards. More

Cabinet nod for amendments to Inland Vessels Act
INLAND vessels registered in one State will be allowed to ply in another State up to a period of three years against the existing norm of one year. The Union Cabinet on Thursday approved amendments in the Inland Vessels Act, 1917 to streamline ... More


IGT installs hi-tech application software
With the commissioning of Navis, the terminal has fully automated container handling and integrated all the operational functions of the container terminal in a real time online environment. More

WestJet is first customer for IBS software
IBS Software Services, a Thiruvananthapuram-based software developer for the travel industry, has announced that Canadian low-cost airline WestJet will implement its (IBS') `aiRES' software for reservation, scheduling and check-in ... More


Rly staff to get 59 days' bonus
The Railways has announced 59 days' bonus to all its non-gazetted Group B, C and D employees. However, all RPF (Railway Protection Force) and RPSF (Railway Protection Special force) personnel are excluded from it, an official release said. It ... More


4-lane road project in Mangalore likely to be completed in 30 months
WORK on the conversion of 37.5 km stretch of road — connecting New Mangalore Port to Surathkal on NH 17 and B.C. Road junction on NH 48 — to four-lane under the port connectivity programme of the National Highway Development Project ... More

`92 pc of Golden Quadrilateral project to be over by fiscal end'
A MAJORITY of works under the Golden Quadrilateral project - which aims to connect New Delhi, Mumbai, Kolkata and Chennai, through four- and six-lane national highways - is likely to be completed by the end of the current fiscal. ... More


R.K. Saboo is EICI Chairman
THE Express Industry Council of India (EICI) at its eighth annual general meeting here elected Mr R.K. Saboo as Chairman. He is the Deputy Managing Director of First Flight Couriers Ltd. Before his current appointment, Mr Saboo was the ... More
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