Financial Daily from THE HINDU group of publications
Saturday, July 23, 2005
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BL 2502313.01 (+32.73)
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LOGISTICS

ACCIDENTS


Road accident insurance scheme proves a hit in Kerala
WITH the increasing number of accidents in the State, National Insurance Company is finding Kerala fertile ground for its traffic accident insurance policies. Sales have zoomed in recent times in tandem with frequently reported cases of ... More

AIRLINES


India, Philippines reach pact on air services
IN an effort to facilitate the start of air services between India and the Philippines, the two Governments have agreed to allow their airlines to operate daily flights to four major cities in each country. While the airlines from the ... More

Air-India shortlists six merchant bankers for IPO
AIR-INDIA has shortlisted six merchant bankers out of the 15 who applied to advice the national carrier on its IPO, which is expected to open later this year. DSP Merrill Lynch, JM Morgan Stanley, Kotak Investment Banking, SBI Capital Markets, ... More

Boeing in talks with IAF for Super Hornet sale
DAYS after India and the US agreed to strengthen cooperation in a host of fields including defence, the US aircraft major, Boeing, today said that it was in talks with the Indian Air Force for sale and production of the F/A-18 E/F Super Hornet. ... More

Wadiyar's airline to be launched in 8 months
THE scion of Mysore's erstwhile royal family and former MP, Mr Srikantadatta Narasimharaja Wadiyar, has said his new airline, `Palace on air' will be launched, in 8-10 months. It would be financed by friends in Hong Kong and Dubai along with a ... More

Airlines asked to carry stretcher-borne passengers
THE Directorate General of Civil Aviation (DGCA) has directed all scheduled airlines to make arrangements for carrying stretcher-borne passengers when they receive a request for travel. The DGCA was forced to issue the directive after it was ... More

SHIPPING


Shipping cos expect freight rates to take upward course
AFTER steering through bleak days during the last three months, Indian shipping companies now seem to have partying days ahead. This comes in the wake of global freight rates showing signs of firming up, after flagging steadily in the last ... More

FINANCIAL PERFORMANCE


Shreyas Shipping Q1 net zooms 333 pc
MUMBAI: Shreyas Shipping Ltd has reported a 333 per cent increase in net profit in the first quarter of the current fiscal to touch Rs 11.27 crore, as against Rs 2.60 crore registered in the corresponding quarter of last fiscal. During ... More

GENERAL INSURANCE


Insurers free to load motor premiums — Truck owners to contest IRDA stand
THE Insurance Regulatory and Development Authority (IRDA) has held that insurers have the freedom to increase premium rates even if there have been no adverse claim experience during the previous year. The IRDA's latest view appears to ... More

RAILWAYS


Rlys planning `village-on-wheels' scheme in South
THE Indian Railways is planning to introduce `village-on-wheels' trains in the three southern states, according to the Union Minister of State for Railways, Mr R. Velu. In an informal chat with presspersons on the sidelines of the inauguration ... More

Rlys passenger bookings up 7.43 pc in June
THE Railways registered a 7.43 per cent increase in passenger booking for June compared to the corresponding period last year. For the April-June quarter, the total number of passengers booked increased by 9.78 per cent compared to the ... More

PEOPLE


Thulasidas to head civil aviation panel of CII
THE Chairman and Managing Director of Air India, Mr V. Thulasidas, today took over as the Chairman of the Civil Aviation Committee of the Confederation of Indian Industry-. Incidentally, this is the first time that the Committee is being headed ... More
Ships in Ports


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Looking back
Jul. 10-Jul. 16
Buoyant projections for air traffic growth

JNPT: Contained in controversy

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