Financial Daily from THE HINDU group of publications
Friday, August 30, 2002
Markets (Aug. 29)
BL 2501077.89 (-6.81)
BSE Sensex3114.16 (+14.78)
S&P CNX Nifty987.25 (+1.55)
Dollar (Buy/Sell)48.48/48.61
Gold Std (10 gm)5130

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LOGISTICS

AIRLINES


Flights out of India crammed
Another reason for the rush seems to be fear of flying close to the dreaded September 11. More

SHIPPING


NMPT acquires tug from HSL
THE New Mangalore Port Trust (NMPT) has acquired a new tug — Kabini — from Hindustan Shipyard Ltd, Visakhapatnam. The new Rs 19.53-lakh tug, with a bollard pull of 50 tonnes, was commissioned and dedicated to the nation on Thursday ... More

GENERAL INSURANCE


New IRDA motor norms may add to insurance cos' woes
INSURANCE companies' losses in the motor vehicles risk cover are expected to mount during the current year after the new principle of compensation settlement is adopted. Industry sources said the new principle prescribed by the Insurance ... More

RAILWAYS


Railways commissions `rail dynamometer'
Rane Brake Linings' Rs 3-crore `rail dynamometer' was commissioned on Thursday by Mr N.P. Singh, Senior Executive Director (STDS) Wagon, RDSO, Indian Railways. The dynamometer, which is half as big as a rail engine, is used to test the brake ... More

ROADWAYS


APSRTC union opposes reference to BIFR
THE Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu's recent statement that the Andhra Pradesh State Road Transport Corporation's losses had gone up to Rs 800 crore and in view of that there was need to refer the organisation to the Board ... More
Ships in Ports
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Aug. 18-Aug. 24
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