Financial Daily from THE HINDU group of publications
Tuesday, November 01, 2005
Markets (October 31)
BL 2502225.24 (+47.73)
BSE Sensex7892.32(+206.68)
S&P CNX Nifty2370.75 (+54.90)
US Dollar (Buy/Sell)45.10/45.23
Gold Std (10 gm)6965 (-5)


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LOGISTICS

ACCIDENTS


Rlys, AP Govt point fingers at each other
BOTH the South Central Railways (SCR) and the Andhra Pradesh Government have refused to take the blame for the train accident in Nalgonda district that left 114 people killed. While the SCR claimed that the Irrigation Department officials had ... More

AIRLINES


Etihad Airways to begin Abu Dhabi-Toronto service
"The new route will provide choice and flexibility when travelling to Europe and North America.'' More

SpiceJet services to Chennai, Hyderabad from Nov 14
SPICEJET, the low cost, no-frills airline, has announced the expansion of its network to the South, connecting the business cities of Chennai and Hyderabad to Mumbai, Delhi and Kolkata. Flights between these sectors will begin from November 14. ... More

GoAir first commercial flight likely to take off on Friday
GOAIR, the low-cost carrier promoted by The Wadia Group, took its first maiden flight to Goa from here on Saturday. The first commercial flight of the airline is expected to take off on Friday. The airline was inaugurated by the Agriculture ... More

Qatar Airways alert
THIRUVANANTHAPURAM: Qatar Airways has issued an advisory strictly prohibiting the carriage of birds and pets in the cabin or the aircraft hold in view of the threat of the bird flu or avian influenza. According to Mr Jayaprakash Nair, ... More

Air India re-launches companion-free scheme
AIR India has announced the reintroduction of its `Companion-Free Scheme' from Tuesday (November 1). The scheme will be available to passengers travelling on full published IATA fares in all classes, namely, first, executive and economy, for ... More

SHIPPING


Paradip port holding over 3 lakh t coal on bad weather — Hopeful of receiving vessel shortly
The inclement weather in the past few weeks in Tamil Nadu, Andhra Pradesh and Karnataka have dealt a severe blow to the organisations who import coal by the coastal route. More

Kochi port seeks tax sops for bunkering terminal
Government officials had informed that the sale of bunker could not qualify the requirement of an export sale under section 5 of the Central Sales Tax Act. More

ABG Shipyard fixes IPO price band at Rs 155-185
ABG Shipyard Ltd has announced a price band of Rs 155 to Rs 185 for determining the issue price of its initial public offering of 85 lakh equity shares of Rs 10 each for cash at a premium to be decided through a book-building process. Of the ... More

FINANCIAL PERFORMANCE


Bharati Shipyard net up 123 pc
MUMBAI: Bharati Shipyard has reported a 123 per cent increase in net profit (excluding subsidy) to touch Rs 7.89 crore (Rs 3.54 crore). The turnover was up 75 per cent at Rs 71.83 crore (Rs 41.12 crore). The company's current order book ... More

MERGERS & ACQUISITIONS


Pvt equity funds in race for Air Sahara stake
Sources said that while some entities had put in bids for a $100-million private placement, others were in talks with Sahara officials for picking up a stake in it. "We will not be putting in a bid for the $100-million private placement as the ... More
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In Depth

Gender Justice
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Looking back
Oct. 23-Oct. 29
Centre may allow post offices to disburse credit in rural areas


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