Financial Daily from THE HINDU group of publications
Wednesday, December 28, 2005
Markets (December 27)
BSE Sensex9283.16(+197.27)
S&P CNX Nifty2805.90 (+56.30)
US Dollar (Buy/Sell)45.20/45.34


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LOGISTICS

AIRLINES


Air Arabia, Kingfisher in Web-based tie-up
With one reservation confirmation, customers will be able to travel on Air Arabia to Mumbai and then onwards to other Indian destinations on Kingfisher. More

SpiceJet to order for 10 more Boeings — `Posts highest load factor among airlines'
SPICEJET will place orders for 10 more Boeings next year which will include, B737-900ER (extended range) aircraft, making it the first Indian carrier to order for the aircraft maker's latest showpiece. The SpiceJet Chief Executive Officer, Mr ... More

Private airlines told to train pilots to fly in foggy conditions — Fallout of delays, confusion at Delhi airport
THE Government has threatened that it would not allow private airlines to fly out of Delhi from next winter unless they have trained manpower to operate flights in foggy conditions, said the Secretary of Civil Aviation, Mr Ajay Prasad. "We ... More

INFRASTRUCTURE


NMDC may invest in Krishnapatnam rail road project
NATIONAL Mineral Development Corporation (NMDC) may be one of the strategic investors in Krishnapatnam Rail Road Corporation Ltd (KRRCL). This is subject to clearance from NMDC's parent Ministry of Steel and Mines, said sources close to the ... More

SHIPPING


Poor crude tanker arrival at Sandheads
The drop in throughput has been caused by the non-arrival of huge crude tankers such as VLCCs/ULCCs or Suezmax types at the Sandheads. The non-arrival of the tankers is attributed to the jamming of vessels at the loading ports, mostly in the West Asi a Gulf. More

L&T bags Rs 411-cr Gangavaram project
The distinctiveness of this project is that it is a greenfield port, said Mr K.V. Rangaswami, Member of the Board as well as Senior Vice-President (Construction), L&T. Additionally, this is for the first time in India that an order for a ... More

`Infrastructure deal of the Year'
THOMSON'S Project Finance International (PFI) has awarded Gangavaram Port Ltd the Asia-Pacific region's `Infrastructure Deal of the Year'. SBI Capital Markets Ltd (SBI Cap) was the sole financial advisor and arranger for Gangavaram Port ... More

New arrivals
The two cruise vessels, M.V. Superstar Libra and M.V. Astoria, which called at the Cochin Port on Tuesday.

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RAILWAYS


Cancellation of train tickets to cost more
CANCELLING train tickets has now become costlier, with the Railways deciding to double most of the standard cancellation charges on tickets cancelled over a day in advance. The exception is for tickets booked under unreserved second class ... More

Safety first
A Steam Heritage Special Train chugs off on a Rail-Road Safety Campaign on the occasion of the golden jubilee celebrations of Chennai Division. The train was flagged off at Arakkonam on Tuesday by the Union Minister of State for Railways, Mr R. ... More


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Top Stories
The year of `employee' for India Inc


Sense from Sensex — Don't just keep count, keep abreast

Special one-hour trading in Reliance on Jan 18 for index management

Interest rates may see marginal rise in 2006

Cancellation of train tickets to cost more

PCO booths: Pvt players make big inroads

Auto sector: Having a successful run

Rice exporters unlikely to make offers till mid-Jan — Millers in AP more keen on meeting levy obligations

SpiceJet to order for 10 more Boeings — `Posts highest load factor among airlines'

Mines Ministry rejects plan to sell 5 pc Nalco stake to boost NIF — Will toe DoD line if proceeds are used to expansion

In Focus

Dynamic Tirupur
Trends in IT - 2005
FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Dec. 18-Dec. 24
Port-related infrastructure: CBDT eases norms for getting tax breaks


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