Financial Daily from THE HINDU group of publications
Thursday, December 30, 2004

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Pvt airlines allowed to fly overseas; Gulf excluded — 5-year experience norm set; Jet, Sahara to benefit
THE Government on Wednesday decided to allow private sector domestic airlines that have completed five years of operations and have a fleet strength of 20 aircraft to operate flights to all international destinations except those in the Gulf ... More

Air India `ready to take on competition'
AIR India is ready to take on the competition from domestic airlines, which have been permitted to operate international service. Reacting to the Government's announcement on Wednesday allowing domestic carriers to fly overseas except to the ... More

Corporates lag in getting unique ID — May find markets out of bounds
OVER two-thirds of corporates who invest in the stock markets or mutual funds may not be able to transact after December 31, as the Securities and Exchange Board of India's deadline for its unique identification number exercise ends in the next ... More

IRDA lets banks take agency licences; pvt cos kept out
IN what could unleash a fresh wave of bancassurance tie-ups, the Insurance Regulatory and Development Authority (IRDA) has partially lifted the moratorium on grant of fresh corporate agency licences by opening the licencing window for the banking ... More

CATching them right
THIS time "CAT is all about taking the right set of decisions," says Mr Shreyan M.L., a Bangalore-based software engineer and an MBA aspirant, who has got call letters from a couple of IIMs. It may be recalled that the Common Admission Test this ... More

Lenders to exit Spectrum Power; Rolls Royce may follow
IDBI Ltd and its fellow lenders have decided to sell their one-third equity holding in the Andhra Pradesh-based Spectrum Power Generation Ltd (SPG). They are expected to appoint SBI Caps to find a buyer, an institutional source told Business ... More

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