Financial Daily
from THE HINDU group of publications

Wednesday, March 28, 2001





Raman may be Ennore Port CEO
MR M. Raman, an Indian Administrative Service (IAS) officer of Tamil Nadu cadre is tipped to become the chief executive officer (CEO) of Ennore Port Ltd (EPL), the first corporatised major port in the country.

Essar group eyeing stake in Hazira dry cargo terminal -- To continue as consortium of Shell India
THE Essar group would continue as a consortium member with Shell India at the Rs 2,300 crore multi-purpose port terminal at Hazira. However, it would be the dry bulk cargo terminal (four) that the Essar group would be eyeing for equity participation and not the LNG berths, Essar Group sources said on Monday.

Govt proposes Rs 400-cr equity component for JNPT
THE Union Government is working out the capital structure of the Jawaharlal Nehru Port, the second major port in line for conversion into a corporate entity after Ennore Port.

Indian maritime meet in London
TO give a fillip to domestic shipping and also market the industry abroad, the Indian Maritime Association (IMA), the Indian National Shipowners Association (INSA) and the Ministry of Shipping are jointly supporting the first ``Indian shipping: Opportuni ties and issues in the new millennium'' conference to be held in London on May 28 and 29.

SER developing strategy to meet industry demand -- `Zero accident' to be ultimate goal
THE South-Eastern Railway (SER), which accounts for 40 per cent of the total freight traffic of the Indian Railways, is poised to end the current fiscal with a record freight loading of 180.5 million tonnes (mt), against the targeted 175.5 mt.

Truck operators' strike withdrawn following assurance from Collector
FOLLOWING the intervention of the district administration, the one-day old strike called by the container trailer operators at the Kochi Port in protest against the alleged harassment by the Kerala Regional Transport officials has been withdrawn on Tuesd ay afternoon.

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