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Friday, October 17, 2008
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AIRLINES: Jet, Kingfisher asked to clear dues to oil cos
Jet defaults put at Rs 259 cr, Kingfisher owes Rs 60 cr. New Delhi, Oct 16 The Petroleum Ministry wants both Jet and Kingfisher Airlines to clear their outstanding dues on air turbine fuel (ATF) purchased from public sector oil companies — ...

HUMAN RESOURCES: No retrenchment, only leave without pay for AI staff
Airline signs pact with EADS for maintenance facility. Hyderabad, Oct. 16 The state-owned Air India will not retrench any workers but could come up with a Voluntary Leave Scheme, which will allow its employees to go on leave without pay for ...

AIRLINES: Private jet operators not excited by new airports
Find long distance to city centre a big drawback. Hyderabad, Oct. 16 Operators of private jets, specially those for business travellers, feel the existing airports will do just as well as the new modern airports being built around the country. ...

OUTLOOK: Boeing scales up demand projections from India
Hyderabad, Oct. 16 Unfazed by current economic slowdown and its likely impact on the aviation sector, aircraft maker Boeing Company has said the demand for new ones would continue in the long term and has scaled up overall ...

AIRLINES: When the world’s largest, smartest carrier came calling
Hyderabad, Oct. 16 The arrival of the world’s quietest and largest aircraft – the Airbus A-380 to Begumpet airport made it one of the most noisy and sought-after places to be in ...

RAILWAYS: Cleartrip.com readying cash cards for rail e-tickets
Aimed at those without credit/debit cards, Net banking. Ahmedabad, Oct. 16 Online travel agency Cleartrip.com, which launched online booking of tickets for train travel on September 24 in partnership with Indian Railway Catering and Tourism ...

SHIPPING/PORTS: Ports traffic up by 7.2% in first half
Chennai, Oct. 17 Traffic through Indian ports increased by 7.20 per cent in the first half of the current fiscal ended September 30, 2008, according to data released by the Indian Ports ...

AIRLINES: Piaggio Aero, Tata Air tie up
...

TRADE & LABOUR UNIONS: Agitating workers
...

AIR CARGO: Kozhikode air cargo complex expansion soon
Work on the second phase of the cargo complex at Kozhikode airport will be formally launched on ...

AIRLINES: Star Aviation to get Embraer jets from March
Hyderabad, Oct. 16 The $5.2-billion turnover Brazilian commercial jet maker Embraer will start supply of its commercial jet to the recently formed Star Aviation from ...

SUPPLY CHAIN MANAGEMENT: Concor Q2 numbers surprise positively
Operating margins improve despite drop in volumes. The September quarter numbers of Container Corporation of India, the country’s biggest carrier of rail cargo containers has yet again surprised the street positively. Despite a challenging ...





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Markets (Oct 16)
Nifty (at close)3269.30(-69.10)
US Dollar (Buy/Sell)48.83/84
Brent crude (a bbl) Rs3,412
Gold (a gram) Rs1,224
Silver (a kg) Rs17,660

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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
IOC likely to benefit from foreign currency movements

FMP yields trending down?

Ports traffic up by 7.2% in first half

Mutual funds gearing up to face testing times

Indo-US bilateral trade may top $50 b in 2008

Extractors body seeks duty imposition on edible oils

IndusInd Bank net rises 51%

Corus to cut crude steel output over the next 3 months

Looking back
Oct. 5-Oct. 11
Mega box terminal at Chennai port to cost 21% more



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