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Wednesday, October 29, 2008
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INSIGHT: Aviation formula gone sour
The recent marriage between Kingfisher and Jet Airways has not produced the kind of euphoria that the owners of the two airlines had expected. On the contrary, the share values have dropped and their frequent flip-flops on decisions have ...

RAILWAYS: Japanese electric loco firms may benefit from $4.6 b loan
For the Rewari-Vadodara section of the western freight corridor. New Delhi, Oct. 28 Japanese firms in the electric locomotive manufacturing are likely to benefit from the recent $4.6 billion tied-loan sanctioned by Japanese Government for the ...

AIRLINES: Air Arabia service to Hyderabad
Air Arabia, a low-cost carrier in the Gulf and North Africa, launched its daily services to Hyderabad from Sharjah from Monday. Hyderabad is the 12th Indian and 43rd global destination for the airline. The flight (A320) would depart Sharjah at ...

AIRLINES: Slowdown hits domestic biz at new Hyderabad airport
Hyderabad, Oct. 28 In September, the Rajiv Gandhi International Airport witnessed nearly 600 less air traffic movements (5,229) in the domestic segment when compared to 5,795 at the Begumpet airport in same month ...

SHIPPING/PORTS: Tuticorin port shortlists 5 cos for second box terminal
Chennai, Oct 28 The Tuticorin Port Trust (TPT) has short listed five companies, including the existing private container terminal operator PSA-Sical, for operating the second container terminal under ‘build, operate and ...

AIRLINES: Qatar Airways sees no slowdown threat
At a time when domestic airlines are mulling cutting down long-haul flights, Qatar Airways has sprung a surprise by announcing one-stop flights to New York from nine ...

SHIPPING/PORTS: ‘10 dredgers will work in Hooghly by Dec’
Kolkata, Oct 28 By December, there will be as many as 10 dredgers working in the Hooghly near Haldia dock, according to Dr A.K. Chanda, Chairman of Kolkata Port Trust, thus allaying fear that the dock is going to be closed due to the ...

SHIPPING/PORTS: Lakshadweep bound ship makes maiden berthing at new Minicoy jetty
The long dream of Lakshadweep islanders for a safe mode of embarkation from the ship has become a reality when the vessel m.v. Bharat Seema successfully berthed at the newly constructed jetty at Minicoy on ...






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Markets (Oct 28)
Nifty (at close)2684.60(+160.40)
US Dollar (Buy/Sell)49.88/89
Brent crude (a bbl) Rs3,030
Gold (a gram) Rs1,128
Silver (a kg) Rs16,320

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In Focus
Pravasi Bharatiya Divas, Singapore

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Looking back
Oct. 19-Oct. 25
Jet chief seeks lower sales tax on aviation fuel

Rlys freight earnings up 14% in Sept

‘Taxes, not over-capacity, killing aviation sector’

Banks unlikely to extend credit support to airlines

UB group unlikely to infuse funds into Kingfisher Airlines



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