Financial Daily from THE HINDU group of publications
Thursday, September 29, 2005
Markets (Sept 28)
BL 2502441.60 (+29.49)
BSE Sensex8606.03 (+80.51)
S&P CNX Nifty2598.05 (+23.20)
US Dollar (Buy/Sell)44.02/44.15
Gold Std (10 gm)6650 (-15)


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Haldia Dock Complex bags safety award
KOLKATA: The Haldia Dock Complex (HDC) of Kolkata Port Trust (KoPT) has bagged the National Safety Award for 2004. The award has been given by the Ministry of Labour and Employment for on-shore handling of cargo. Only eight accidents were ... More

AIRLINES


AI to operate flights as per schedule
THE strike called by a section of employees of the Airports Authority of India (AAI) on Thursday is unlikely to affect Air India operations. The carrier has announced that it will operate flights as per schedule. It will operate 65 flights ... More

AI net rises to Rs 96 cr, to pay dividend for first time in 10 years
AIR INDIA has reported a net profit of Rs 96.36 crore for 2004-05 as against Rs 92.33 crore in 2003-04. The airline has declared a dividend of 10 per cent to the Government, the first after a gap of 10 years. The Air India board approved the ... More

Air Sahara appoints Ernst & Young as advisor
THE private sector airline Air Sahara on Wednesday said it was exploring opportunities for additional investment to fund its expansion plans. In a statement, the airline said that it has appointed Ernst & Young as advisor for business plan ... More

SriLankan Airlines to do away with ticket reconfirmation
FROM October 1, reconfirmation of tickets will not be required for any flight of SriLankan Airlines, says a company release. According to the company, passengers, while booking their tickets, will be requested to provide contact details at ... More

SHIPPING


MOL to start container service in December — To link ports in India, Pak, W.Asia, Africa
JAPANESE shipping line MOL will launch from December a new container service linking ports in India, Pakistan, West Asia and South and East Africa, according to shipping industry sources. The port rotation will be: Karachi - Nhava Sheva ... More

High prices hit Shell Hazira plans to sign new customers
SIX months after it became operational, the liquefied natural gas (LNG) terminal of Shell at Hazira is yet to sign on new customers and has received only two consignments of gas. Shell has been selling limited quantities of gas to Gujarat ... More

Goldstar Line launches Chennai-W. Africa container service
THE Hong Kong-based Goldstar Line has launched a direct mainline container service from Chennai to West Africa. Its 1,700-TEU (twenty foot equivalent unit) container vessel, Asia Star, made her maiden call on Wednesday at the Chennai Container ... More

TRADE & LABOUR UNIONS


AAI staff strike: Fire brigade to man Mangalore airport
MANGALORE: The Mangalore airport has made all arrangements for the smooth functioning of operations on Thursday following a nationwide strike call given by the employees of the Airports Authority of India. The 12-hour strike will begin at ... More

Thiruvananthapuram airport contingency plans
THIRUVANANTHAPURAM: Authorities at the Thiruvananthapuram airport have invoked contingency plans in view of the proposed 12-hour strike by employees of the Airports Authority of India on Thursday. "We do not expect services at the ... More

EVENTS


World Maritime Day
KOCHI: The National Maritime Day Celebrations Committee, Kochi, is organising World Maritime Day celebrations here on Friday at the Merchant Navy Club in Willingdon Island. The topic for this year is International Shipping - Carrier ... More

ROADWAYS


Govt to spend Rs 22,750 cr to widen 6,500 km highway from 4 to 6 lanes
The model concession agreement could not be cleared owing to Finance Ministry's concerns on certain taxation issues. More

Nabard sanctions Rs 51.87 cr to Kerala
THIRUVANANTHAPURAM: National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 51.87 crore to the State Government for construction of bridges and rural roads. According to a Nabard press release, this amount has ... More


Ships in Ports



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Looking back
Sep. 18-Sep. 24
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