Financial Daily from THE HINDU group of publications
Saturday, January 11, 2003
Markets (Jan. 10)
BL 2501128.89 (-18.40)
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AIRLINES


Air Hong Kong to buy 6 Airbus freighter planes
IN an effort to expand operations within the Asian region, Air Hong Kong Ltd (AHK) has announced its intention to purchase six new Airbus A300-600F `general freighter' aircraft. In a statement, AHK has said the six wide-body aircraft are ... More

Air France plans to use larger aircraft on Delhi-Paris sector
IN an affirmation of faith in the Indian market, Air France (AF) plans to operate a larger Boeing 747-400 aircraft on the Paris-Delhi-Paris sector from November. The proposal, which is still to be accepted by the Indian authorities, will see ... More

Air India board may hive off ground handling services
THE Air India (AI) board which meets here on Saturday is likely to consider a proposal for hiving off the airline's ground handling services into a separate division or profit centre. The proposal, if accepted, may enable AI to act faster in ... More

INFRASTRUCTURE


Hudco demand for 26 pc stake — CIAL fears public sector takeover
HUDCO'S insistence on 26-per cent stake in Cochin International Airport Ltd (CIAL), as against the latter's decision to offer 24 per cent, has raised private investors' apprehensions of a possible takeover of the company by the public ... More

SHIPPING


Tuticorin port seeks Plan assistance of Rs 100 cr
THE Tuticorin Port Trust has sought a Plan assistance of Rs 100 crore from the Centre for improving the draught at the port from the present 10.7 to 12.8 metres. Giving this information here on Friday, Mr N.K. Raghupathy, Chairman of TPT, made it ... More

Freight rates soar on crude pile-up order
THE Union Government's announcement directing the State-owned oil companies to stock up crude and petroleum products to the maximum level until further orders in view of the mounting tensions in the West Asian region has sent the freight rates on ... More

NTPC deal key to Pipavav viability: BG
BG Group has pinned the viability of its LNG import terminal at Pipavav, Gujarat, on the prospect of securing the three million tonnes per annum LNG supply contract of National Thermal Power Corporation (NTPC). "We need to secure firm ... More

Kochi made exam centre for merchant shipping
THE Directorate-General of Shipping has declared Mercantile Marine Department, Kochi as an examination centre for conducting examinations under the Merchant Shipping (STCW for seafarers) Rules 1998. Approval for conducting examinations for ... More

ROADWAYS


IOC signs MoU with Govt for highway plazas
INDIAN Oil Corporation Ltd (IOC) has signed a memorandum of understanding ( MoU) with the Andhra Pradesh Government to develop highway plazas comprising fuelling and other facilities of international standards on the waysides. The land for the ... More
Ships in Ports
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Looking back
Dec. 29-Jan. 4
`The worst is over for shipping' — Mr P. K. Srivastava, President, Indian National Shipowners Association and Chairman, SCI


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