Financial Daily from THE HINDU group of publications
Friday, August 26, 2005
Markets (August 25)
BL 2502357.29 (+27.05)
BSE Sensex7660.42 (+48.42)
S&P CNX Nifty2354.55 (+32.05)
US Dollar (Buy/Sell)43.66/43.79
Gold Std (10 gm)6285 (+10)

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AIRLINES


IA fleet price issue referred to GoM
INDIAN Airlines (IA) could be a month away from placing order for its Rs 10,000-crore 43-Airbus aircraft acquisition proposal. The Cabinet Committee on Economic Affairs (CCEA) on Thursday decided to refer the matter of the price that IA would pay ... More

SpiceJet to offer 9,999 seats for Rs 999
SPICEJET, the low-cost carrier, will kick-start reservations for the period October 31, 2005, through January 31, 2006, at 9 a.m. on August 26. Through this initiative for the holiday season, SpiceJet will make 9,999 seats available as "Red Hot ... More

PHDCCI seeks independent authority for Delhi airport
PHD Chamber of Commerce and Industry has urged the Ministry of Civil Aviation to set up an autonomous body to monitor ground and cargo services at Delhi airport. The chamber said that Delhi Airport should be developed as a hub for northern India, ... More

Aviation boom: Airports in small cities reaping benefits
NEVER mind which is aiding which, and don't count the chicken yet. But amidst the boom in aviation, falling air fares and the airlines' tempting seasonal offers, it looks like the small cities, too, can finally enjoy their place under the sky. ... More

INFRASTRUCTURE


Uttaranchal road plan to get ADB assistance
THE Asian Development Bank (ADB) will help the Government of Uttaranchal prepare a plan to improve the State's road network with a technical assistance grant of $3,98,000. According to a press release issued by ADB, the grant is intended to ... More

SHIPPING


Rajabagan Dockyard of CIWTC may survive Govt's cull
THE Union Government's decision to pull out of the ailing Central Inland Water Transport Corporation (CIWTC) may ultimately entail closure of the company and, therefore, spell disaster for a large number of the 1,100 employees. There appears ... More

SOFTWARE


IBS to develop `iCargo' system — Joins hands with 3 global airlines
TECHNOPARK-based IBS Software Services is taking on bigger entities such as IBM and Unisys by launching a multi-million-dollar air cargo and logistics management system initiative. Titled `iCargo,' the collaborative venture featuring three ... More
Ships in Ports



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