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Friday, October 24, 2008
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OUTLOOK: Fuel for large aircraft may be ‘declared goods’
Move to attract uniform sales tax of 3%. New Delhi, Oct. 23 The Government may provide ‘declared goods’ status to aviation turbine fuel (ATF) being sold to Boeing and Airbus aircraft being operated by domestic carriers, thereby ...

SHIPPING/PORTS: Hooghly draft problems pushing up cost for users
Average parcel load per vessel comes down. Kolkata, Oct. 23 The critical draft situation in the Hooghly river near Haldia dock, entailing lower average parcel load each vessel, is costing the users of the dock ...

SUPPLY CHAIN MANAGEMENT: NSEL in pact to set up 20 warehouses in Maharashtra
Mumbai, Oct. 23 NCDEX Spot Exchange Ltd (NSEL), the Maharashtra State Warehousing Corporation (MSWC) and the National Collateral Management Services, a subsidiary of NCDEX, have signed a memorandum of understanding for creating ...

AIRLINES: UB group unlikely to infuse funds into Kingfisher Airlines
Bangalore, Oct. 23 The UB Group is unlikely to bail out its company, Kingfisher Airlines, through infusion of funds from its ...

AIRLINES: Flying out of turbulence
The Government’s decision to allow major airlines — Jet Airways, Kingfisher and Air India — to settle their outstanding fuel dues over six- monthly tranches and extend a 90-day credit facility on current fuel bills should ...

RAILWAYS: GE Transportation to partner BHEL for Rlys’ tender
New Delhi, Oct 23 GE Transportation, a unit of General Electric Company, has announced that it will be partnering with Bharat Heavy Electricals Ltd (BHEL) to compete for a 1,000 diesel locomotive tender issued by the Indian Railways. GE ...

AIRLINES: Emirates will fly to LA, San Francisco from Dec
Chennai, Oct. 23 Indians who want to go to Los Angeles and San Francisco will now have one more airline to choose from. Emirates plans to connect Dubai to Los Angeles from Sunday and to San Francisco from ...

INFRASTRUCTURE: Better connectivity
...

AIRLINES: Paramount Chennai-Goa service
...

AIRLINES: KLM to halt Hyderabad operations
...






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Markets (Oct 23)
Nifty (at close)2943.15(-122.00)
US Dollar (Buy/Sell)49.77/79
Brent crude (a bbl) Rs3,108
Gold (a gram) Rs1,145
Silver (a kg) Rs17,955

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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
‘More flexibility for corporate borrowers’

Gilts: Hike in FII cap not for now

Fuel price revision will depend on OPEC decision

UB group unlikely to infuse funds into Kingfisher Airlines

GAIL Q2 net rises 79% on higher earnings from gas transmission, LPG

Looking back
Oct. 12-Oct. 18
Jet Airways to terminate 1,100 more staff

Ports traffic up by 7.2% in first half



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