Financial Daily from THE HINDU group of publications
Thursday, March 02, 2006
Markets (March 1)
BSE Sensex10565.47(+195.23)
S&P CNX Nifty3123.10(+48.40)
US Dollar (Buy/Sell)44.38 (-0.09)


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LOGISTICS

AIRLINES


AI commences jet fuel price risk hedging
Air India has become the first airline in the country to hedge its jet fuel price risk. The airline last week used a derivatives contract on the international commodity markets for the first time. An airline spokesperson said that the airline ... More

BA to add more flights to Bangalore
British Airways has said that it will add another flight from London Heathrow to Bangalore, flying six times a week to the city from May 4 this year. The Bangalore route was launched only on October 31, 2005. Flight frequencies to and from ... More

BUDGET


Airlines surprised at new tax proposal
Move unlikely to have adverse impact: Air India officials More

INFRASTRUCTURE


Oil cos request AAI to defer awarding AFS licence
Seek Petroleum Ministry's intervention More

SHIPPING


Kochi port cuts box handling charges
Move follows committee's recommendations More

Vizag handling crosses 50 mt again
The Visakhapatnam port, which became the first in the country to handle 50 million tonnes of cargo last year, crossed the 50-million-tonne-mark again this year on Tuesday, with a month still to go for the completion of the financial year. ... More

GENERAL INSURANCE


Motor cover premium rates to rise
The Budget 2006-07 is likely to seen an up tick in both general and life insurance premiums as a result of an increase in service tax to 12.5 per cent from 10 per cent. Mr Kartik Jain, Head Marketing and E-Channels, ICICI-Lombard ... More

ROADWAYS


Foreign funds eye Bangalore, Mysore expressway project
NICE looking at strategic investors for various components More
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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Cement sector says nothing concrete


Australia hails easing of mining norms

Tatas move to buy Birla stake in Idea Cellular

UTI Mutual to enhance international operations

AWB wins wheat tender

India to turn major metals consumer

Pre-monsoon activity seen setting in early

Tata Motors unveils Cliffrider at Geneva show

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 19-Feb. 25
Marine officers shortage to rise

Air India places $2-b order for GE engines

`Bird flu scare results in Rs 200-cr loss to truckers'

Railway wagon hurdle — New plan to send sugar to Pak

Railway budget to take care of all sections — Lalu Prasad rules out increase in passenger fares

Steel, iron ore stocks turn active on Rly Budget

Railways improves freight earnings by Rs 3,000 cr

Low-cost carriers see no impact — Travel sector hails move

Airlines not perturbed by reduced AC rail fares



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