Financial Daily from THE HINDU group of publications
Thursday, September 22, 2005
Markets (Sept 21)
BL 2502406.23(-126.18)
BSE Sensex8487.14 (-13.14)
S&P CNX Nifty2567.30 (-10.70)
US Dollar (Buy/Sell)43.84/43.97
Gold Std (10 gm)6685 (-20)


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STORAGE


Free trade warehousing zone planned at Haldia
THE country's first free trade warehousing zone at Haldia in West Bengal, which has already received in-principle clearance from the Centre, is a joint venture between IL&FS and MMTC, and will entail an initial investment of Rs 200 crore. ... More

AIRLINES


`Airlines with low cost, productive people will emerge winners'
ONLY airlines that are truly capable of keeping their costs incredibly low will survive, according to Dr Kevin Freiberg, an expert in leadership strategy. Dr Freiberg, author of the book, Nuts - The Secret of South West Airlines, ... More

Jet Airways captures 24 pc of Mumbai-London sector
JET Airways has captured a fourth of the market share on the Mumbai-London route within three months of launching the service in May this year. In August, the airline carried approximately 13,000 passengers, which represents 24 per cent of the ... More

Embraer's maiden flight
COIMBATORE: The 70-seater Paramount's Embraer jet is to operate its maiden flight on September 23. The flight scheduled to leave Coimbatore at 6.10 a.m. will arrive in Delhi at 9 a.m. non-stop. On the return direction, it will leave ... More

SHIPPING


MRPL's second refinery to lift New Mangalore port traffic
THE New Mangalore Port can expect a huge increase in its traffic, once the 15-MTPA (million tonnes per annum) petrochemical refinery of Mangalore Refinery and Petrochemicals Ltd (MRPL) comes up in Mangalore. A new refinery with a processing ... More

SOFTWARE


Logistics and transportation management — Oracle gains new product with G-Log buy
ADDING to the string of acquisitions made in the past ten months, Oracle Corporation announced that it has snapped up G-Log, a provider of logistics and transportation management software here. This acquisition, which will be its tenth one over ... More

Infotech signs deal with Alstom Transport
INFOTECH Enterprises Ltd has signed a 5-year agreement with Alstom Transport to provide engineering and related services. This deal, expected to fetch about $50-55 million over the period, would pave the way for setting up a dedicated centre at ... More

TRADE & LABOUR UNIONS


Airport staff firm on Sept 29 stir plan
The forum's General Secretary, Mr M.K. Ghoshal, said the one-day strike was very much on the cards. More

SUPPLY CHAIN MANAGEMENT


V.V. Rao to head AFL's logistics divn
AFL Private Ltd, provider of integrated supply chain management solutions in India, has appointed Mr V.V. Rao as the Chief Executive (Logistics). Mr Rao will be based in Mumbai and in addition to managing and expanding the activities of ... More

RAILWAYS


S-E Rly services disrupted
TORRENTIAL rain in Andhra Pradesh and Orissa has disrupted South-Eastern Railway's train services on the East Coast section. Breaches have been caused on railway tracks in South Central between Vijayawada and Kazipet, and Rajahmundry and ... More

Kutch Rly to achieve financial closure by Oct
With the rail link in place, KRCL expects to serve the ports of Kandla and Mundra for all export-import traffic including containerised ones, IFFCO's base in Gandhidham and salt companies. More

Railways plans to review old traffic facility works
THE Railway Ministry has called for stalling those traffic facility works that are not needed in the present context. A need-based assessment would now be done of all the sanctioned works that have been going on for over five years. ... More

SCR takes up tracks restoration
THE South Central Railway (SCR) has taken up restoration work following heavy rains in several parts of the State, damaging the track at many places. Initial estimates have put the loss to the Railways in the range of Rs 50-60 crore, including ... More

PEOPLE


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    Lock-in period for ULIPs mooted

    Selling pressure grips small, mid-cap stocks

    Rubber stocks continue to rule low

    Limit sale of subsidised LPG to poor: IOC

    News channels must comply with uplinking norms by month-end

    In Focus

    Stock splits
    India Inc's bonus bonanza
    The Yuan Revaluation
    Dabhol power regenerated
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Sep. 11-Sep. 17
    Maharashtra's major plans for minor ports

    Aircraft acquisition — Indian Airlines' long wait is over

    Katrina aftermath pushes up freight rates

    GE Shipping board approves demerger of offshore services


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