Financial Daily from THE HINDU group of publications
Monday, December 20, 2004

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Passenger service fee on IA tickets to be taxed
THE passenger service fee on tickets issued in Indian rupees on or after December 20 will be taxed. This is consequent to the levy of service tax by the Government on all types of services. According to a press release from Indian Airlines, the ... More

Air India taxiing on recovery path
Air India, which reported a more than 10 per cent jump in the total revenue earned in 2003-04 compared tothe previous period, has taken several measures to improve its performance such as introducing attractive discounted fares for senior citizens an d going in for dry leasing of aircraft to increase frequencies to existing stations. More

Revamping Mumbai — The tough road ahead
Much hope has been pinned on these Mumbai Metropolitan Region Development Authority initiatives to change the façade of India's financial capital. More

Dubai Port Intl's acquisition of CSX World Terminals — A box of benefits for Kochi ICTT
DUBAI Ports International's (DPI) recent acquisition of the global port assets of the US-based CSX Corp., the third largest railroad operator in America, will benefit Kochi Port where DPI has won a contract to develop ... More

Set up autonomous regulators for rail, road, shipping: CII
POINTING out that improvement in infrastructure and removing bottlenecks is the key to attaining higher growth rate and attracting foreign investments to India, the Confederation of Indian Industry (CII) has charted out recommendations for ... More

SAIL and Railways — A change of track after the railing
SAIL is examining ways of integrating its future plans with those of the Indian Railways for upgradation of technology and smoother movement of raw materials and finished goods. More

PM flags off underground section of Delhi Metro
Dr Manmohan Singh, Prime Minister, with Mr E. Sreedharan, Chairman and Managing Director of DMRC, after inaugurating the underground section of the Delhi Metro in the Capital on Sunday. ... More

Govt okays Rs 125 cr to APSRTC
THE Andhra Pradesh Government has decided to provide Rs 125 crore to the State Road Transport Corporation (APSRTC) in view of the hike of the diesel prices and constitute a High Level Committee to improve its financial condition. The committee ... More


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