Financial Daily from THE HINDU group of publications
Friday, September 09, 2005
Markets (Sept 8)
BL 2502424.71 (+21.14)
BSE Sensex8052.56(+105.78)
S&P CNX Nifty2454.45 (+25.80)
US Dollar (Buy/Sell)43.85/43.98
Gold Std (10 gm)6380 (+5)


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AIRLINES


Govt clears IA-Airbus Rs 9,890-crore deal
FINALLY it took all of four hours of hectic negotiations at the office of the Finance Minister here last Tuesday to seal the five-year-old 43-Airbus aircraft fleet acquisition plan of Indian Airlines. The tone for the crucial meeting, which ... More

Airbus team coming to finalise site for pilot training centre
A TEAM from the European aircraft manufacturer, Airbus Industrie, is expected here later this month to consider a site for setting up of a pilot training centre. "A team from Airbus will be visiting India later this month for exploring where ... More

BA, Virgin keen to expand operations to South India
THE UK's two major airlines — British Airways and Virgin Atlantic — are keen to expand operations to South India. While BA is looking at expanding its network to include Hyderabad and Kochi, Virgin is examining the option of operating ... More

Warwick Brady is new COO of Air Deccan
The South Africa-born Mr Brady, whose appointment was announced last month, spent the last three years with another low cost airline, Ryanair of Europe. He was the Deputy Director Operations of Ryanair with the overall responsibility of the ... More

INFRASTRUCTURE


Twelve Central projects incur time over-run
TWELVE Central sector projects costing Rs 100 crore have reported additional delay in June 2005, including the Mumbai High-Uran-Trunk pipeline project and the Namrup plant. Five of these are Railway projects, three in the road transport ... More

SHIPPING


Apeejay Surrendra arm gets 2 dry bulk carriers
SURRENDRA Overseas Ltd, the shipping arm of the Apeejay Surrendra Group, has acquired two dry bulk carriers — a 1990 built 71,037-dwt Panamax vessel and a 2002 built 52,454-dwt Ultra Handymax vessel, according a press release issued by the ... More

RAILWAYS


S-E Rly in pact with Mahanadi Coalfields
SOUTH Eastern Railway (SER) on Thursday signed a memorandum of understanding (MoU) with Mahanadi Coalfields Ltd (MCL) to implement a rail infrastructure project to facilitate transportation of large quantities of coal from Gopalpur-Monoharpur ... More

A railwayman recalls...
Backed by extensive research, Bhandari's narrative brings to life the glorious innings of the Indian Railways — from its origins as a creation of the Raj to an enduring mass transport system powering modern India. More

ROADWAYS


Cabinet gives approval for alternative route to Leh
THE Cabinet Committee on Security (CCS) has approved construction of an alternative route to Leh through Manali in Himachal Pradesh. Briefing presspersons after the meeting, the Defence Minister, Mr Pranab Mukherjee had said the new ... More

Pay for road use
Charging for road usage, says researcher Ashok Datar, will beat traffic woes and is an idea whose time has come. More

Motor strike near total in Kerala
The day-long strike in the State called on Thursday by the Motor Vehicle Coordination Committee to protest the hike in fuel prices was near total in most parts. This came a day after a meeting of the State Cabinet decided to forego the sales ... More

APSRTC trade unions serve strike notice
THE Joint Action Committee of trade unions of Andhra Pradesh State Road Transport Corporation (APSRTC) has served the 42-day strike notice. The staff might begin anytime within 42 days. Serving the notice on Mr M.V. Krishna Rao, Vice-Chairman ... More


Ships in Ports



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