Financial Daily from THE HINDU group of publications
Thursday, March 06, 2003
Markets (March 5)
BL 2501093.10 (-5.77)
BSE Sensex3226.10 (-18.70)
S&P CNX Nifty1040.70 (-5.90)
Dollar (Buy/Sell)47.60/47.73
Gold Std (10 gm)5610 (+40)

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LOGISTICS

AIRLINES


IA fuel bill likely to go up Rs 123 cr in March — ATF prices hiked by Rs 2,820
FOR the fourth successive month, there is bad news for the domestic aviation sector on the oil front. The oil companies have announced a hike of Rs 2,820 per kilolitre in the prices of aviation turbine fuel (ATF) this month compared to last ... More

Airlines to hike fares?
WITH ATF prices heading northwards, is a hike in fares charged by the domestic airlines inevitable? While officials refused to comment on the issue just yet, sources said that the domestic airlines might be left with no option but to look at some ... More

Cathay Pacific, IA offer thru check-in facility
Cathay Pacific Airways has announced that all its passengers connecting from an Indian Airlines (IA) domestic flight to an international flight operated by it can now check-in all the way to their final international destination when they arrive ... More

INFORMATION TECHNOLOGY


KSRTC plumps for GPS
THE public sector Kerala State Road Transportation Corporation (KSRTC) is getting ready to implement Global Positioning System (GPS) to keep track of its fleet. KSRTC is testing the system with TripStar, an on-board system for road transport ... More

SHIPPING


PIB clears SCI tanker purchase plan
AFTER two aborted attempts, the Public Investment board (PIB) finally vetted and cleared on Wednesday the Shipping Corporation of India (SCI) plan to buy two new very large crude carriers (VLCCs) estimated to cost about Rs 650 crore. As per the ... More

Transhipment of crude — Vizag port submits package to TAMP
THE Visakhapatnam Port Trust (VPT) has finalised its package to attract transhipment crude traffic and submitted it to the Tariff Authority for Major Ports (TAMP) for approval. VPT sources decline to divulge the details of the package, which is ... More

Indamex to levy $25 more on US-bound cargoes
THE first impact of the US Customs' new security regulations is being felt by the Indian maritime trade in the form of security manifest documentation charge, an additional charge of $25 per bill of lading on all US-bound cargo. The Indamex ... More

EVENTS


Meet to discuss cargo industry prospects
THE Union Minister for Civil Aviation, Mr Shripad Naik, will inaugurate the India Cargo Convention 2003 being held in Goa on March 7 and 8. The conference will seek to examine what is in store for the Indian cargo industry in the rapidly ... More
Ships in Ports
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In Focus
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Telecom Competition
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In Depth
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Books and Reviews
Looking back
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