Financial Daily from THE HINDU group of publications
Saturday, April 12, 2003
Markets (April 11)
BL 2501014.45 (-10.87)
BSE Sensex2997.87 (-37.46)
S&P CNX Nifty949.80 (-12.40)
Dollar (Buy/Sell)47.31/47.44
Gold Std (10 gm)5135 (+10)

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LOGISTICS

AIRLINES


AI may follow IA norm for acquisition of fleet
The AI board has already shortlisted the Boeing 777-200 (Extended Range) and the Airbus A-340-300 aircraft as being most suited to meet its Medium Capacity Long Range (MCLR) requirements. The airline is to take 10 aircraft on a firm purchase basis an d go in for options of purchasing another seven at a later date. More

Singapore Airlines offers discount on Chennai link — S-E Asia route hit by falling traffic
HIT by the fall in load factors on the Chennai-Singapore sector, Singapore Airlines has come out with some special fares on this sector. The three-month excursion fare on the Chennai-Singapore-Chennai sector isRs 16,450. On the ... More

SHIPPING


GE Shipping increases tanker fleet
WITH the global tanker freight market firming up at a fast clip since the last quarter of the just ended fiscal, GE Shipping is in the process of changing its fleet composition so as to have a higher share of tanker tonnage. The company ... More

Second main line service to Tuticorin launched
A SECOND main line (direct sailing between major international ports) container vessel service has been introduced to Tuticorin. The four-member alliance consisting of Cosco Container Line Agencies Ltd, Evergreen Marine Corporation Ltd, Wan ... More

Shipping circles worried over drop in tonnage
Analysts say if the current trend continues, the tonnage would plummet to 4.2 million GRT by the end of the Tenth Plan (2002-2007). More

SUPPLY CHAIN MANAGEMENT


Post offices getting tech savvy
AUTOMATIC mail processing has been introduced in Chennai and Mumbai and soon it would be extended to New Delhi and Kolkata, Mr Su. Thirunavukkarasar, the Minister of State for Communications and IT, has said. He was speaking at a public meeting ... More

RAILWAYS


SER freight loading touches record high of 201.5 m.t.
IN what is being emotionally described as its "swan-song'', freight loading by South Eastern Railway (SER) touched a record high of 201.5 million tonnes in 2002-03. During the year, SER posted a net surplus of Rs 3,300 crore and achieved an ... More

ROADWAYS


House panel finds fault with toll collection policy
THE Parliamentary Standing Committee on Transport has recommended that the Government change its policy on collecting tolls on roads and bridges in perpetuity saying that the toll collection should be stopped once the construction cost along with ... More

Shriram Recon Trucks to target first-time buyers
FOR the country's commercial vehicle market where trucks are put to use for up to 25 years, reconditioning is an apt concept but getting across to the vast number of truck owners and transporters is not an easy task. Shriram Recon Trucks Ltd, ... More


Ships in Ports
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