The Hindu Business Line : Sunday, July 17, 2005

HAL-made Lakshya, Jaguar upgrades inducted into IAF
THE indigenously made pilotless target aircraft (PTA), Lakshya, has been inducted into the Indian Air Force along with nine upgraded Jaguar fighters. HAL, which is manufacturing the PTAs for the armed services, handed over the first five PTAs ... More

No service tax for exporting cargo by air
THE Government has exempted transport of export goods by an aircraft from the levy of service tax. The Finance Ministry on Friday issued a notification to this effect. The exporting community had been making a case for exempting the service of ... More

Air Deccan to suspend flights to Surat from Thursday
AIR Deccan has decided to suspend its flights from Mumbai to Surat with effect from July 21, due to operational constraints at the Surat airport. According to an official statement, over the past few months, the low-cost carrier has had to ... More

IA eases curbs on senior citizen discount
INDIAN Airlines (IA) has eased the restrictions for senior citizens for the senior citizens discount. The airline has withdrawn the earlier requirement of buying confirmed tickets a week before travel for the reduced fares. The airline ... More

STOCKS

Thomas Cook: Hold
SHAREHOLDERS can retain their holdings of the Thomas Cook stock. The current valuations are rich, at about 33 times the expected consolidated per share earnings for the year ending October 2005; the valuation is also ... More

Aegis Logistics: Buy
AN investment may be considered in Aegis Logistics, as growth prospects appear bright. As a focused play now in the logistics space, the company is well placed to capitalise on growth opportunities in the business of handling, storage and ... More

Ships in Ports

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