Financial Daily from THE HINDU group of publications
Saturday, May 04, 2002
Markets (May 3)
BL 2501147.73 (-1.11)
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Dollar (Buy/Sell)48.93/49.06
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Another meeting set to discuss aviation policy
"Another meeting will be held between officials of the Ministry of Civil Aviation and Planning Commission after Parliament session to firm up the civil aviation policy", official sources said. More

Sri Lankan's Bangalore flights after October
SRI Lanka's national airline Sri Lankan plans to launch thrice-a-week service on the Colombo-Bangalore sector towards the end of this year. "Sri Lankan is to start operating flights to Bangalore after October this year," the airline's official ... More

Report blames IA woes on external factors
DESPITE an overall improvement in its operational performance, Indian Airlines has reported a net loss of Rs 159.17 crore during 2000-2001. The airline had recorded a net profit for three successive years between 1997-1998 and 1999-2000 ... More

IA expands Chennai-Delhi service
CHENNAI: Indian Airlines will introduce a fourth frequency between Chennai and Delhi from May 8. According to a press release, the daily Airbus A 320 IC 430 will leave Chennai at 9.55 a.m. and reach Delhi at 12.25 p.m. The service IC ... More


Oman lender for Greenfield Shipping deal
BANK of Oman is set to replace the consortium led by ANZ Investment Bank as lenders to the LNG shipping deal of Greenfield Shipping Company, a joint venture between Oman Government, Mitsui O.S.K. Lines and Shipping Corporation of India ... More


Rubber Board aid for road projects
MANGALORE: With a view to promoting `rubberisation' of roads, the Rubber Board has offered to provide the cost difference between `rubberised' bitumen and normal bitumen to any Government organisation willing to take up such a ... More

TN moves to privatise transport corpn -- Panel to draft roadmap
THE Tamil Nadu Government is in the process of constituting a high-level committee to strategise the phased privatisation of the State-run transport corporations. According to the policy note on the transport department tabled in the Assembly ... More

Land bridge to Lanka to cost $500 million
THE pet project of the Sri Lankan Prime Minister, Mr Ranil Wickremesinghe, to build a land bridge between Sri Lanka and India, is getting concretised with the Board of Investment (BoI) of Sri Lanka being given the assignment to draw up plans for ... More

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