Financial Daily from THE HINDU group of publications
Thursday, February 02, 2006
Markets (Feb 01)
BSE Sensex9859.26 (-60.63)
S&P CNX Nifty2971.55 (-29.55)
US Dollar (Buy/Sell)44.16/44.29


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LOGISTICS

AIRLINES


Delta loyalty programme for SMEs
DELTA Air Lines launched SkyBonus, a dedicated corporate loyalty programme designed for small and medium enterprises (SMEs) in India. Under this programme, SME companies can earn points which they can redeem for a flexible range of business ... More

INFRASTRUCTURE


Cabinet clears bids
THE Union Cabinet on Wednesday gave its approval for selection of the GMR and GVK consortiums for the modernisation programme of Delhi and Mumbai airports, respectively. Briefing newspersons after the Cabinet meeting, the Minister for ... More

SHIPPING


NMPT gets new Deputy Chairman
MR M.A. BHASKARACHAR assumed charge as Deputy Chairman of New Mangalore Port Trust (NMPT) here on Wednesday. Prior to this, he was the Deputy Chairman of Kolkata Port Trust in charge of Kolkata dock system for four years. This is Mr ... More

FINANCIAL PERFORMANCE


GE Shipping Q3 net down 35%
Mr K.M. Sheth, Executive Chairman, said the bunching of 5-6 vessels for dry-docking had impacted earnings during the quarter. More

HUMAN RESOURCES


Resigning without notice — Pilots body moves HC against DGCA fiat
THE Indian Commercial Pilots Association (ICPA) has challenged in the Madras High Court a directive of the Director General of Civil Aviation (DGCA) that made it mandatory for all pilots to give six months notice before resigning and also ... More

Frankfinn to open 6 centres overseas
DELHI-based Frankfinn Institute of Air Hostess Training (FIAT) plans to set up six centres overseas in the current year. It would open centres in Bangladesh, Sri Lanka and the UAE by March and in Nepal, South Africa and Bahrain by July, said ... More

TRADE & LABOUR UNIONS


Airport employees strike work; flight operations normal: Govt
Traffic disruption mostly felt in Kolkata

DESPITE large-scale agitation by sections of the Airports Authority of India (AAI) employees protesting against the modernisation of the Delhi and Mumbai airports by private companies, the Government maintained that air services throughout the ... More

AAI employees strike: Passengers little affected
PASSENGERS passing through Mumbai seemed little affected by the airport employees' agitation on Tuesday. At the departure terminal in the domestic airport where the striking workers had taken position, there was a constant stream of passengers ... More

Cargo movement hit at Chennai airport
CLEARANCE of regular cargo was affected at the Chennai air cargo complex following the strike by the Airport Authority of India (AAI) staff, airline sources said. The strike was part of a nationwide protest by the AAI staff against the ... More

Air operations remain normal in Coimbatore
AIR traffic through Coimbatore airport remained normal on Wednesday and there has been no dislocation in services despite the go-slow of a section of the employees in response to the protest call by the Airports Authority of India workers' forum ... More

Flight operations normal in Bangalore, Mangalore airports
AT Bangalore's HAL-controlled airport, the operations were normal and peaceful, airport officials said. "The day went off well and flights were undisrupted. Some of the AAI staff had a half-hour demonstration during lunch," they said. There ... More

Stirring times
Employees of the Airports Authority of India in Mumbai, who on Wednesday began an indefinite strike, protesting against the award of the Delhi and Mumbai airport modernisation to private ... More

Checking out?
A passenger going to the airport, as the AAI employees take out a rally at the NSC Bose International Airport in Kolkata on Wednesday.

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SUPPLY CHAIN MANAGEMENT


TNT to invest 100 m euro in India — Rolls out domestic services
TNT, global provider of mail, express and logistics services, on Wednesday announced the launch of its domestic services in India. The company will be investing 100 million euro ($121 million) in the Indian market over the next five years. ... More

TCI may foray into rail containerised services
Transport Corporation of India Ltd (TCIL) has said that it is "actively considering" foraying into offering containerised operations on rail tracks. According to Mr Vineet Agarwal, Executive Director, "We are actively considering foraying into ... More

Concor rationalises freight rates for Nepal-bound containers
THE Container Corporation of India (Concor) has rationalised freight rates in respect of transportation of Nepal-bound containers imported through the Kolkata port i.e. both the Kolkata Dock System (KDS) and the Haldia Dock Complex (HDC). At a ... More

PIRACY


Drop in global piracy attacks: IMB
WORLDWIDE reported piracy attacks in 2005 fell to 276 from 329 in 2004, the lowest figure recorded since 1999, according to ICC International Maritime Bureau's (IMB) 2005 annual report on Piracy and Armed Robbery Against Ships. IMB is a ... More
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