Financial Daily from THE HINDU group of publications
Tuesday, April 29, 2003
Markets (April 28)
BL 2501005.05 (+8.30)
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LOGISTICS

AIRLINES


AI rapped for `undue favours' to general sales agents in UK
HOLDING Air India (AI) responsible for extending "undue favours" to its General Sales Agents (GSA) in the UK, which caused a loss of more than Rs 57 crore, the Committee on Public Undertakings has recommended that the airline recover the excess ... More

INFRASTRUCTURE


Praxair installs pipeline to Haldia PET unit
THE Bangalore-based industrial gases major, Praxair India, has said it has installed and commissioned an underground pipeline from its air separation plant in Haldia, West Bengal, to the new bottle-grade PET plant of South Asian Petrochemicals ... More

SHIPPING


Govt may dip into SCI reserves before sell-off
THE Union Government will examine a proposal to take out a part of the cash reserves of Shipping Corporation of India (SCI) through the interim dividend or special dividend route before the company is privatised. The Union Disinvestment ... More

`Report on coastal shipping expected within 7 months'
THE Union Government has hired Tata Consultancy Services (TCS) to undertake a study on the development of coastal shipping and minor ports in the country, the Shipping Minister, Mr Shatrughan Sinha, said in a written reply in the Rajya Sabha on ... More

Ship-to-ship discharge of crude — Oil majors may chart SCI for operation at Vadinar
IF current thinking is any indication, Shipping Corporation of India (SCI) may be required to undertake ship-to-ship discharge of crude at Vadinar (Gujarat) in the monsoon months. Vadinar, being a sheltered location, bad weather will not pose ... More

HUMAN RESOURCES


Steps on to tackle pilots' stir: Hussain
WITH a section of Air India (AI) pilots not willing to budge from their stand on not operating flights without an all-clear Severe Acute Respiratory Syndrome (SARS) certification for the crew, the Government has said that it is taking all ... More

Chargesheet filed against 12 Air India pilots
AS the stand-off between the pilots and the management continues, Air India today filed chargesheets against 12 pilots who had been placed earlier under suspension. The suspended pilots have been given 48 hours to reply to the charge sheets. ... More

RAILWAYS


Rlys freight earnings top estimates at Rs 26,782 cr
An overall growth in the industry in the last two quarters of 2002-03 also contributed to the Railways' performance. Except for fertiliser and petro-goods, the Railways recorded a growth in business in all key goods categories that include coal, iron and steel, cement and foodgrains. More

ROADWAYS


TN announces sops for State Transport bus passengers
THE Tamil Nadu Government has announced concessions for passengers advance booking two-way tickets on the State Transport Corporation buses, and a number of other facilities. Replying to the debate in the Assembly today on the demand for grants ... More

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    In Focus
    SARS scare
    Truckers' Strike
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
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    In Depth
    Simple Economics
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    Gold: Still the winner?
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    Books and Reviews
    Looking back
    Apr. 20-Apr. 26
    Rising coal imports — Ports need to ramp up infrastructure

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    Road fund: Centre worried over slow pace of utilisation


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