Financial Daily from THE HINDU group of publications
Wednesday, December 21, 2005
Markets (December 21)
BSE Sensex9346.24 (-48.03)
S&P CNX Nifty2826.20 (-16.40)
US Dollar (Buy/Sell)45.16/45.29


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LOGISTICS

AIRLINES


Paramount to fly on Chennai-Bangalore sector from January
PARAMOUNT Airways will start operating on the Chennai-Delhi sector, its first service out of Chennai, its new base. The fare on the sector is Rs 5,999. Paramount was earlier based in Coimbatore and operated eight flights. The airline, which ... More

bmi bullish: It's daily service between Mumbai and London from April 21
BMI, the British carrier which commenced services between London and Mumbai last May, will step up its frequency to a daily service from April 21 next year. It now operates four flights a week on this sector. Ms Sheela Mehra, Manager, Sales and ... More

Kingfisher Airlines extends special fares for Govt staff
KINGFISHER Airlines has announced special fares for all personnel serving in the Indian Armed Forces, the Union Government, State governments, and employees of all public sector units in the country. The immediate families of these personnel ... More

INFRASTRUCTURE


Port-related infrastructure: CBDT eases norms for getting tax breaks
AVAILING oneself of tax breaks for creation of structures at the ports for storing, loading and unloading just got simpler. The Central Board of Direct Taxes has relaxed the conditions that have to be met for such structures to form part of ... More

Govt plans to develop Thiruvananthapuram airport at Rs 256 cr
THE Minister for Civil Aviation, Mr Praful Patel, today told the Lok Sabha that a major programme was under way for the development of the airport at Thiruvananthapuram. "Very soon, a high-class international terminal will come up there. The ... More

SHIPPING


Seamen PF: Bombay HC directs Govt to take decision in 4 weeks
THE Bombay High Court has directed the Union Government to take an appropriate decision within four weeks on how it will deal with the Rs 92.78-crore loss suffered by Seamen's Provident Fund (SPF) in securities trading in 2002. The directive ... More

Kolkata port rationalises marine-related charges to boost traffic on Hooghly
Even small ocean-going vessels ferrying goods between Sagar Island/ Diamond Harbour anchorages and KDS/HDC will be treated as inland water vessels/barges by the port authorities. More

Coal linkage cut down for Paradip, Haldia ports; up for Visakhapatnam
THE coal linkage committee has cut down the thermal coal shipment linkage by the coastal route for the ports of Paradip and Haldia while that for Visakhapatnam port has been stepped up for the January-March quarter 2006 vis-à-vis the present ... More


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In Depth

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Looking back
Dec. 11-Dec. 17
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