Financial Daily from THE HINDU group of publications
Tuesday, November 22, 2005
Markets (November 21 at close )
BSE Sensex8610.74(-75.91)
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US Dollar (Buy/Sell)45.72/45.85


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LOGISTICS

AIRLINES


Sky Palace to wet lease aircraft for operations
"There is enough market for more players, especially those which give good quality service to the customers," Mr Wodeyar said. More

Kingfisher Air orders 30 Airbus A320s
KINGFISHER Airlines today announced a purchase of 30 Airbus A320 single aisle aircraft valued at $1.9 billion at the ongoing Dubai air show. Kingfisher had already announced purchase of 20 ATR 72-500aircraft, valued at $350 million plus an ... More

SHIPPING


Shipping cos seek stay against strike by unions
SHIPPING lines have moved court against the strike called by a section of seamen on November 25, demanding recouping of the Rs 100-crore loss suffered by the Seamen's Provident Fund in securities trading in 2002. A shipping company official ... More

Chennai port likely to increase tariff
Some of the port users felt that instead of a tariff increase, there should be a reduction. More

Dredging at NMPT may be completed by Dec
THE capital dredging and maintenance dredging activities, which are in full swing at New Mangalore Port, are likely to be completed by end- December. Taking to newspersons on a visit to the dredging site today, Mr P. Tamil Vanan, Chairman of ... More

Kolkata Dock System plans switching over to shipyard model
TO augment earnings from dry docks, the Kolkata Dock System (KDS), which is one of the two dock systems under the Kolkata Port Trust, proposes to switch to the shipyard model from the landlord model to run the dry docks. KDS, comprising the ... More

New Mangalore Port to hold trade meet
NEW Mangalore Port, which is getting a considerable amount of iron ore cargo from Bellary-Hospet region, will hold a trade meet at Hospet in Bellary district on Tuesday. Mr Tamil Vanan, Chairman of New Mangalore Port Trust (NMPT), who ... More

TRADE & LABOUR UNIONS


Trade unions oppose plan to set up maritime board
LEADERS belonging to different trade unions here have opposed the proposal of the Andhra Pradesh Government to create a maritime board to manage the minor ports in the State; Kakinada anchorage port being the most important. (The deepwater ... More

INTERVIEW


`We're targeting South; Chennai is on our shortlist'
THE Wadia family-promoted GoAir airline, which started services earlier this month, has major plans on the anvil. It will soon induct its second aircraft and spread its wings to sectors in the South and the West, with Chennai blinking brightly on ... More

RAILWAYS


Cos asked to suggest entry barriers — Rlys consults stakeholders for policy on container operations
There are certain rail routes where containerised traffic is heavy and which would be attractive for several players. More

ROADWAYS


In a jam
A bumper-to-bumper traffic jam ensued on the arterial Panjagutta-Madhapur Road leading to Cyberabad on Monday. The State Government's efforts at widening of roads at several places in Hyderabad are obviously not yielding the desired results as ... More

PEOPLE


Petronet chief project officer
KOCHI: Dr Jacob Thomas, former Chairman of the Cochin Port Trust, has taken over as the Chief Project Officer of Petronet LNG Ltd. He will hold the exclusive charge of the development of the proposed Kochi Terminal of Petronet, which also ... More
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In Depth

Gender Justice
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Looking back
Nov. 13-Nov. 19
Kingfisher wants to do own due diligence of Air Sahara — `Valuation is too high'

Logistics companies ride the investor wave

Retirement age of pilots may go up

Container freight rates to West European, UK ports to go up on rate restoration

`Kingfisher to order aircraft at Dubai show'


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