Business Daily from THE HINDU group of publications
Saturday, June 02, 2007
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LOGISTICS

AIRLINES
`Only engineers must certify the airworthiness of aircraft and not pilots'
Due to a shortage of engineers, the DGCA last month empowered pilots to certify the fitness of aircraft at transit destinations. More

ATF prices down, but airlines not cutting fuel surcharge
`The price of fuel has been fluctuating for the past few months. While fuel prices rose by about 1.2 per cent in May, they have fallen by about the same amount this month. So, how does any one pass on the benefit to the passenger,' an airline executi ve argued More

SHIPPING
Destination France
SUPPLY VESSEL: Mr P.C. Kapoor, Managing Director, Bharati Shipyard Ltd, (right) handing over the documents of the multi- purpose offshore supply vessel `Bourbon Atlas', built at the yard, to Capt Subias Michel, representative of the French ... More

FINANCIAL PERFORMANCE
Shreyas Shipping Q4 net jumps 82%
Shreyas Shipping and Logistics Ltd has registered an 82.57 per cent jump in net profit to Rs 13.20 crore (Rs 7.23 crore) for the quarter ended March 31, 2007. Total income during the period rose by 28.69 per cent to Rs 40.81 crore from Rs 31.71 ... More

MERGERS & ACQUISITIONS
Airline industry unruffled by Kingfisher's buy
`M&As can bring a level of stability to pricing' More

Paramount may pick up stake in existing airline
With mergers and acquisitions on the rise in the aviation sector, the Madurai-based Paramount Airways is also examining a proposal to pick up a stake in an existing airline, the Managing Director, Mr M. Thiagarajan, has said. "An airline has ... More

UB Holdings will fund Air Deccan equity acquisition
Rules out 100% stake in Air Deccan; no `immediate' price hike in tickets More

RAILWAYS
Railways' loading of coal, iron ore badly hit
Situation in Orissa, AP and Chhattisgarh causing concern More

ROADWAYS
Head start
HELMETS MADE MANDATORY: The Tamil Nadu Government has made wearing of helmets compulsory for two-wheeler riders and also those riding pillion effective June 1 in 6 corporations. A scene near Tidel Park in Chennai on Friday. ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Unemployment is growing: Bardhan

`Emerging markets boosted by ample liquidity'

Real estate boom in Asia will not last forever: IMF official

Natural mineral water vs packaged drinking water

Premium per insurance policy rises 47%

`Frequent tariff cuts may retard telecom growth'

Forex reserves rise $952 m

RBI lets firms hedge exposure to metals

Disease-free rootstock of shrimps developed

Looking back
May. 20-May. 26
SpiceJet hoping for break-even this quarter

New merged `Air India' will tap market in 2008

Focus Product, Market schemes benefits given to non-EDI ports



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