Financial Daily from THE HINDU group of publications
Friday, September 26, 2003
Markets (Sept. 25)
BL 2501530.93 (-6.92)
BSE Sensex4297.15 (-59.24)
S&P CNX Nifty1357.20 (-14.85)
US Dollar (Buy/Sell)45.80/45.93
Gold Std (10 gm)5870 (+90)


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LOGISTICS

AIRLINES


IA to extend local reach; Plans tie-up with Air Deccan
IN a significant step, Indian Airlines plans to tie up with a domestic private airline to service regional routes through a hub-and-spoke arrangement. The move could push back Indian Airlines' plans to buy small capacity aircraft such as ATRs ... More

IA launches Malaysia package
INDIAN Airlines (IA) has introduced the `Malaysia Flyaways' holiday package, which includes not only return airfare but also hotel accommodation and sightseeing. The package, valid till March 31 next year, will be available from Bangalore, ... More

Air India launches special fares, schemes
AIR INDIA has introduced special fares from India to London, Paris, Frankfurt and destinations in the US — New York, Newark and Chicago — to attract passengers during the October-December period. Fares on the economy class during ... More

Air discount rules relaxed for seniors from October
THERE'S some good news for senior citizens wishing to travel by air from October on the domestic circuit. The Government has relaxed the rules for discounts. From October 1, a passenger availing of the discount will have to stay only two ... More

INFRASTRUCTURE


IOC hopes to complete Chennai-Madurai pipeline project in 18 months
INDIAN Oil Corporation hopes to complete the 670-km long Chennai-Tiruchi-Madurai product pipeline in 18 months. "The clock has started ticking. It is a tall order," Mr M.S. Ramachandran, Chairman, IOC, told newspersons here. The IOC board ... More

SHIPPING


Private role to be encouraged for boosting inland water transport
Mr Joseph said the private sector would be encouraged to come out with commercially viable proposals for the development of IWT and other projects. More

Ministry mulls mix of models to develop JNPT terminal
Shipping Ministry officials said that the plan to adopt a mix of models was supported by the trustees. More

RAILWAYS


Nod awaited for top-speed trains along Konkan rail route
THE Railways will soon give the green signal to running trains at top speed along the 760-km Konkan railway line following extensive safety-related works undertaken by the Konkan Rail Corporation to prevent accidents of the type that killed 51 ... More

ROADWAYS


Kerala HC dismisses petitions against helmet order
A FULL Bench of the Kerala High Court on Thursday dismissed two petitions seeking to review its earlier verdict asking the State Government to strictly enforce Section 129 of the Motor Vehicles Act which makes it mandatory for two-wheeler riders ... More

Proposals to decongest Kochi roads
A KOCHI-BASED architectural firm has come out with various proposals to ease the ever-growing traffic congestions in the city and also solutions for a multi-faceted planning to make Kochi more habitable. In the first phase, the firm has ... More

Karnataka BJP flays project delay
MANGALORE: The BJP has charged the Karnataka Government with withholding the Rs 17.5-crore Central grant meant for the four-laning of the road between the Bajpe airport and the STPI. Addressing presspersons here on Thursday, the ... More


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Sep. 14-Sep. 20
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