Financial Daily from THE HINDU group of publications
Saturday, August 06, 2005
Markets (August 5)
BL 2502400.53 (+1.08)
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US Dollar (Buy/Sell)43.43/43.56
Gold Std (10 gm)6230 (+60)


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AIRLINES


IICT consortium develops synthetic aviation lubricant
AN Indian consortium has indigenously developed synthetic aviation lubrication oil, which can potentially save Rs 100 crore of foreign exchange annually. The lubrication oil, a strategic material, would be tested by the IAF on two of its ... More

Jet extends `check fares' scheme to entire network
JET Airways on Friday announced the extension of prevailing instant purchase `check fare' scheme that offers tickets at reduced rates to passengers on a first-come-first served basis. The new scheme that starts from Saturday (August 6) will cover ... More

SHIPPING


SCI efforts to save Samudra Suraksha fail
SHIPPING Corporation of India (SCI) has reported that its efforts to save Samudra Suraksha, the multi-support vessel that was involved in the fire that engulfed an oil platform of ONGC at Mumbai High on July 27, have not succeeded. The vessel, ... More

Development of terminal at Chennai port to go on
THE Madras High Court has vacated an interim injunction obtained by the Chennai Container Terminal Pvt Ltd, the private operator running the container terminal inside the Chennai port, against the development of a second container terminal inside ... More

Gangavaram port: Pact signed for resettlement
According to the agreement, 250-300 jobs will be given to the members of the displaced families. More

Star Cruises allowed in 2 routes
THE Ministry for Shipping, Road Transport and Highways has given clearance to Star Cruises, a cruise liner, to operate on the Mumbai-Lakshadweep (Kadmat Island) and Mumbai-Goa routes, an official release said. Cruise operations are expected to ... More

TRADE & LABOUR UNIONS


Wage talks: Transport workers unhappy
A meeting of trade unions consisting of Labour Progressive Front (LPF), Centre for Indian Trade Unions (CITU), Tamilnadu Transport Staff Federation (FTSF), All India Trade Union Congress (AITUC) and Hindu Mazdoor Sabha, held here recently, has ... More

RAILWAYS


Rail freight corridor: Gujarat seeks `ports-friendly' route
THE Gujarat Government has asked the Railway Ministry to consider a different route of the proposed Delhi-Mumbai dedicated rail freight corridor. "Instead of building the dedicated rail freight corridor between Delhi and Mumbai through ... More
Ships in Ports


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