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Saturday, October 18, 2008
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ALLIANCES & JOINT VENTURES: MRTPC orders probe into Jet-Kingfisher alliance
Companies say initiatives will begin only after DGCA approval. New Delhi, Oct. 17 The high-profile alliance between Kingfisher Airlines and Jet Airways may have flown into some turbulence, with the Monopolies and Restrictive Trade Practices ...

SHIPPING/PORTS: EoI sought for utilising spare capacity at Cochin Oil Terminal
75% of available berth under-utilised, says Kochi Port. Kochi, Oct. 17 Kochi Port has invited expressions of interest from firms for the use of the spare capacity of the Cochin Oil Terminal (COT) as multi-liquid cargo jetty for loading/unloading ...

EVENTS: AAI working on norms for heliports
With growing demands from the corporate sector, political parties and high net worth individuals for the use of helicopters, the Airports Authority of India (AAI) plans to come out with separate procedures to improve ...

HUMAN RESOURCES: Jet staff ride flight of cheer
PAST THE AGONY. Mumbai, Oct. 17 After two days of despair and tears, the smiles were back on their faces ...

RAILWAYS: Rlys invites bids to set up 4 bio-diesel plants
New Delhi, Oct 17 Indian Railways has invited bids from companies to set up and maintain four bio-diesel esterification plants for 20 years. The proposed locations for esterification plants — which will extract bio-diesel from raw ...

AIRLINES: ‘Panel on aviation industry to meet soon’
New Delhi, Oct 17 The inter-ministerial committee headed by the Cabinet Secretary, which was set up to examine ways to make the domestic aviation sector viable, is to meet soon, the Minister for Civil Aviation, Mr Praful Patel, said here ...

SHIPPING/PORTS: Centre urged to make Hooghly navigable
Kolkata, Oct. 17 The West Bengal Government is concerned at the deteriorating draft in the Hooghly river near Haldia dock as it fears that the present situation, if continues, will hit shipping movement affecting the ...

OUTLOOK: Airbus pegs aircraft demand at higher level for India
Hyderabad, Oct. 17 Notwithstanding cancellation of three A340 aircraft by Kingfisher and turbulence in the aviation industry globally, Airbus has said that the company’s latest forecast, which is due in the next two months, would peg ...

SOFTWARE: New tracking device from SatNav
SatNav Technologies has launched a recording device which when installed in a vehicle will help one trace back the route which the vehicle has travelled at the end of the journey. Christened, ‘SatGuide Logger’, the device would ...





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Markets (Oct 17)
Nifty (at close)3074.35(-194.95)
US Dollar (Buy/Sell)48.88/90
Brent crude (a bbl) Rs3,412
Gold (a gram) Rs1,224
Silver (a kg) Rs17,660

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



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