Financial Daily from THE HINDU group of publications
Thursday, October 30, 2003
Markets (Oct. 29)
BL 2501643.46 (+8.82)
BSE Sensex4744.10 (+36.30)
S&P CNX Nifty1498.45 (+16.70)
US Dollar (Buy/Sell)45.27/45.40
Gold Std (10 gm)5735 (-40)

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LOGISTICS

AIRLINES


Emirates picks up longest-range aircraft
EMIRATES has signed a lease financing agreement valued at 195 million euros ($226 million) for two new Airbus A340-500s, the world's longest-range aircraft. The Dubai-based airline will be the first in the world to offer this aircraft type to ... More

Air France Cargo to maintain flights to India in winter
AIR France Cargo will maintain all its regular flights to India during its winter schedule while resuming services to Karachi with a weekly flight. The flight is to be operated with a chartered Airbus A300-600 F aircraft. Official sources told ... More

SHIPPING


Ministry plans fiscal sops to kick-start coastal shipping
PRIME Minister Mr A.B. Vajpayee's Sagarmala project is finally coming to the rescue of the fledgling coastal shipping sector in attaining its full potential. The Ministry of Shipping has proposed a slew of fiscal and other policy initiatives to ... More

Rs 1.65 cr released for Malpe port third phase in Karnataka
THE State Government has released Rs 1.65 crore for work on the third phase of Malpe port in Udupi district, according to the Minister of State for Ports and Fisheries, Mr Vasanth V. Salian. The amount would be utilised for the construction of ... More

Cochin port staff serve strike notice
THE Cochin Port Staff Association, one of the leading trade unions in the Kochi Port, has served a strike notice to the port management demanding immediate steps for the development of the port. The Secretary of the Association, Mr P. ... More

Hearing on SCI stake sale deferred
THE Delhi High Court on Wednesday deferred its hearing to November 19 a petition challenging the sale of 51 per cent Government stake in Shipping Corporation of India. A two-judge bench of the Delhi High Court, including its Chief Justice, ... More

SUPPLY CHAIN MANAGEMENT


Concor getting ready to shift ICD complex
CONTAINER Corporation of India Ltd (Concor) is getting ready finally to relocate its ICD to its newly acquired property at the peripheral Irugur The logistic major had taken possession of 42 acres of land close to the existing mainline railway ... More
Ships in Ports
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Looking back
Oct. 19-Oct. 25
Rlys earnings from revenue freight up in first half

Should vessel-related charges be in rupee terms?

Panel proposes tonnage tax on notional profit


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