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Friday, November 07, 2008
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LOGISTICS

AIRLINES: PSU insurers unfazed by shrinkage of aviation biz
Look to higher solvency margins, better focus on retail lines. Bangalore, Nov. 6 Public sector insurance companies’ liabilities are expected to shrink by about Rs 1,700 crore this year with the termination of ...

RAILWAYS: Railways cuts rates for long distance iron ore export traffic
Will be effective from November 8 to December 31. New Delhi, Nov. 6 Indian Railways has announced reductions of 10-50 per cent in freight charges for long distance iron ore export traffic. The percentage of reduction will depend on parameters ...

AIRLINES: Navy gets nod for more staff to run Vizag airport
Visakhapatnam, Nov. 6 The Navy, which operates the Visakhapatnam airport, has reportedly got consent for recruitment of additional staff to man the new terminal, which is getting ready by the end of ...

EXCISE AND CUSTOMS: Cabinet nod for integrated check posts at land borders
New Delhi, Nov. 6 The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its approval for setting up integrated check posts at 13 identified entry points on the land borders of the country at a cost of Rs 635 ...

SHIPPING/PORTS: Cabinet nod for Rs 381-cr dredging at Kochi port
New Delhi, Nov. 6 The Cabinet Committee on Economic Affairs today gave its nod for undertaking capital dredging at Vallarpadam in Kochi port at an estimated cost of Rs 381.25 ...





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Markets (Nov 06)
Nifty (at 3.30 p.m.)2892.65(-102.30)
US Dollar (Buy/Sell)47.60/61
Brent crude (a bbl) Rs2,897
Gold (a gram) Rs1,088
Silver (a kg) Rs16,965

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Looking back
Oct. 26-Nov. 1
Vallarpadam ICTT: Set to make Kochi a key hub

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