Financial Daily from THE HINDU group of publications
Wednesday, October 19, 2005
Markets (October 18)
BL 2502328.86 (-12.20)
BSE Sensex8122.25 (-80.37)
S&P CNX Nifty2468.20 (-16.95)
US Dollar (Buy/Sell)45.14/45.28
Gold Std (10 gm)6955 (+55)


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LOGISTICS

AIRLINES


AP Govt urged to take steps to prevent flooding at Vizag airport
VISAKHA Air Travellers' Association here has appealed to the State Government to initiate steps immediately for "safeguarding the airport area from inundation whenever there are heavy rains or cyclones." This step, the association pointed out, ... More

Bangalore Intl Airport begins selecting key commercial partners
BANGALORE International Airport Ltd (BIAL) on Tuesday said it had begun the process of selecting its key commercial partners in airport operations. The company, which started construction at the Devanahalli site in July this year, said it ... More

`Systems, safety can power Indian aviation'
THE Indian aviation sector must improve its infrastructure and enhance safety standards to be able to tap the full potential of the growing air transport sector, the International Air Transport Association (IATA) said today. The Director ... More

Air ambulance services — Escorts Heart Institute in pact with Deccan Aviation
ESCORTS Heart Institute and Research Centre (EHIRC) has tied up with Deccan Aviation to launch air ambulance services, called Air Rescue One in the country. Announcing this initiative, Dr Naresh Trehan, Executive Director, EHIRC, said, "We feel ... More

Kingfisher likely to pick up stake in Air Sahara: Mallya
KINGFISHER Airlines is likely to acquire stake in Air Sahara but no decision on the details has yet been finalised, the Chairman of Kingfisher, Mr Vijay Mallya, told reporters here today. Speaking on the sidelines of the CII meeting on the ... More

SHIPPING


`Improve infrastructure at Kolkata Dock to cope with rise in traffic'
THE growth of traffic at Kolkata Dock System (KDS) has caused so much infrastructure related problems that the port area is clogged with trucks, both incoming and outgoing, causing traffic snarls and other difficulties, according to Mr ... More

More foreign lines plan services to and from India
A BUOYANT market has spurred new services by foreign shipping lines to and from India. Yang Ming Line (YML), Korea Marine Transport Co (KMTC) and Samudera Shipping Line Ltd (SSL) have announced that they will jointly operate, from November, an ... More

TRADE & LABOUR UNIONS


Strike cripples bus services in AP
THE indefinite strike by the employees of APSRTC (Andhra Pradesh State Road Transport Corporation) has hit the bus services across the State, leaving lakhs of passengers stranded at several places. While the Joint Action Committee of the RTC ... More

SUPPLY CHAIN MANAGEMENT


India Post seeks Rs 625-cr support for computerisation — Maran launches new postal products
THE Department of Post has sought an additional financial support of Rs 625 crore to computerise all the 26,000 post offices across the country. Mr Dayanidhi Maran, Minister for Communication and IT, also announced a slew of new postal ... More

RAILWAYS


Railways posts earnings of Rs 25,468 cr in Apr-Sept
THE Indian Railways registered total earnings of Rs 25,467.91 crore from passenger, freight and parcel transportation during April-September 2005. This is 15.74 per cent higher than its earnings of Rs 22,004.44 crore during the corresponding ... More
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