Financial Daily from THE HINDU group of publications
Wednesday, August 03, 2005
Markets (August 2)
BL 2502374.87 (+38.68)
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AIRLINES


IA, Air India to operate normal schedules from today
AFTER a week of delays and disruptions, airline operations at Mumbai airport are limping back to normalcy. Airline officials said that they expect flight operations to return to the normal schedule in a day or two if the weather does not ... More

Govt decision could expedite fleet acquisition plans of IA, Air India
THE fleet acquisition plans of Air India (AI) and Indian Airlines (IA) could soon be back on the fast track. The Government is having a rethink on the proposal to set up a Group of Ministers or a Committee of Secretaries to have another look at ... More

UB sets up airline co in US — Mallya's Children own 75 pc stake
The company will be used to launch international operations from the US to India if Kingfisher India is not allowed to fly abroad. More

Airlines told to restore normal service to Mumbai
WITH the situation returning to normal at the Mumbai airport, the Minister for Civil Aviation, Mr Praful Patel, on Tuesday withdrew the earlier advisory asking airlines to curtail flights to the city. "All the advisories have been withdrawn ... More

Reliance Webstores to sell Air Deccan tickets
AIR Deccan flights can now be booked at Reliance WebWorld's nationwide broadband chain through the week. Calling it the first e-ticketing tie-up for an airline, the Air Deccan Managing Director, Capt. G.R.Gopinath, said the low-cost airline ... More

Rains: Air Deccan puts revenue loss at Rs 75 lakh/day
THE torrent that wreaked havoc on Mumbai life has cost land and air logistics dear. Air Deccan, for one, on Tuesday said the rain had caused revenue loss of Rs 75 lakh a day for the airline. Following the advice of the Ministry of Civil ... More

Air Deccan ropes in expat as COO
A new expatriate COO, 600 new flights and 60 aircraft over the next five years; a $10-million investment for a hangar apart from an addition of a newly tapped market of three million passengers by April 2006 — these are a few bits of Capt ... More

INFRASTRUCTURE


Iranian team to discuss gas pipeline project today
A HIGH-LEVEL Iranian delegation is meeting its Indian counterparts on Wednesday to take forward discussions on the over $4-billion Iran-Pakistan-India gas pipeline project. The project has been facing some uncertainty because of the US ... More

INSURANCE


Third party motor cover mandatory, IRDA tells insurers
`The Third Party Insurance is a compulsory cover as per the Motor Vehicles Act and cannot be denied by any insurer to any vehicle having a valid fitness certificate.' More

SHIPPING


Kailash Shipping facility declared Customs Area
KAILASH Shipping Services Ltd facility in North Chennai has been declared as Customs Area to examine and clear cargo imported in full containerised load (FCL) containers. These boxes are those allowed to be moved from the Chennai port to ... More

Capital dredging at Vizag port to begin soon
Once the dredging is complete, the Visakhapatnam port authorities will be able to bring Panamax bulk carriers into the inner harbour. More

ROADWAYS


A-C buses from KSRTC
THIRUVANANTHAPURAM: The Kerala State Road Transport Corporation (KSRTC) is introducing a fleet of air-conditioned buses under a new category, the Kerala Air-Conditioned Bus Services. Announcing this, Mr G. Venugopal, Executive Director ... More
Ships in Ports


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