Financial Daily from THE HINDU group of publications
Wednesday, March 20, 2002
Markets (March 19)
BL 2501127.10 (-16.21)
BSE Sensex3560.32 (-52.96)
S&P CNX Nifty1152.15 (-17.15)
Dollar (Buy/Sell)48.69/48.82
Gold Std (10 gm)4900 (+40)

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AI gets a good deal on risk premium payout
DESPITE a close to 50 per cent increase in its annual insurance payment around $13 million for fiscal 2002-03, Air India has managed to get a much sharper rate than those negotiated by other aviation and insurance companies across the ... More

Jet Air's return check-in offer
IN an effort to provide value-addition to its customers, Jet Airways has introduced same day return check-in facility for regular travellers. The airlines' business class passengers and those having Jet privilege gold and silver membership ... More

ALH: Take-off after 17 long years
HINDUSTAN Aeronautics Ltd's advanced light helicopter, which has been 17 years in the making and already cost Rs 535 crore, has finally taken to the skies, with the first helicopter handed over to the Coast Guard here on Monday. Like the Indian ... More

More AI flights to South from Abu Dhabi
AIR India will strengthen its operations from Abu Dhabi Emirate to south India this summer with the introduction of a once-weekly direct flight on the Al Ain-Kozhikode route and resumption of the once-weekly direct flight from Abu Dhabi to ... More


Family cruises
STAR Cruises has launched its special family package valid on SuperStar Virgo (from Singapore to Malaysia and Thailand), SuperStar Leo (from Hong Kong and South China Sea Cruises) and also on SuperStar Capricorn (from Bangkok to the Gulf of ... More

Nalco eyes Paradip as third export port
INDIAN aluminium major National Aluminium Co (Nalco) will be diverting a significant chunk of its aluminium exports through Paradip Port following the introduction of a regular container vessel at the port by Hyderabad-based Seaways Shipping Ltd ... More

JNPT posts 30-pc rise in TEU handling
THE Jawaharlal Nehru Port Trust (JNPT) handled 1.5 million twenty-foot equivalent units (TEUs) in the current fiscal, posting a growth of 30 per cent over last year. According to an official statement, of the 1.5 million TEUs, the container ... More


ASB-Air ties up with Lufthansa Systems
PANALPINA subsidiary ASB-Air, and Lufthansa Systems, a supplier of IT services for the aviation industry, have signed a contract for the implementation of a new logistics solution for the former. Lufthansa Systems will help develop AirWarder, ... More


TN omni-buses morph into transport fleet
YOU see them zipping past on Chennai's roads and highways ... gleaming coaches, emblazoned with reflecting stickers that catch the eye — air bus, high-tech, air-suspension, semi-sleeper seats, the stickers say. These are the omni-buses, ... More

New road mulled to ease Kochi traffic woes
IN a two-pronged strategy to ease the traffic bottlenecks of Kochi, while at the same time facilitating greater reach and access to the upcoming Vallarpadam container terminal, the National Highway Authority of India (NHAI) has proposed a new ... More

ICICI to sanction Rs 165 cr for AP highway projects
ICICI is set to sanction about Rs 165 crore to part-fund two highway projects being developed in Andhra Pradesh under the annuity method by a consortium comprising Punj Lloyd and Gammon India Ltd. ICICI was mandated by the project promoters to ... More

`Stress cause for road mishaps'
BANGALORE: Stress, which causes physical and mental tension, can lead to road accidents. The causative factors for stress include poor time management leading to rush hour traffic mishaps, according to experts in health sciences at a ... More


Tempting fate
Six persons, young and old, on a merry-go-round on a moped, which is meant for two. A risk that no insurer will take.


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