The Hindu Business Line : Thursday, December 04, 2008

LOGISTICS

RAILWAYS: IRFC raises Rs 2,700 cr at 9%
To raise $400 m through external commercial borrowings. New Delhi, Dec. 3 The Indian Railway Finance Corporation (IRFC) has raised about Rs 2,700 crore till date this fiscal at a weighted average cost of 9 per cent and an average tenor of 10.22 ...

RAILWAYS: Timken bags $16-m Rlys order
...

PEOPLE: New Hindustan Shipyard CMD
Commodore Naresh Kumar, Director (Technical) of Hindustan Shipyard Ltd here, has been elevated to the post of Chairman and Managing Director on the retirement of Rear-Admiral Ajit Tewari. He joined HSL two-and-a-half years ago as ...

AIRLINES: Paramount Air holiday offer
Madurai, Dec. 3 Paramount Airways, the premium airline from the South, has launched a holiday offer. The airline will offer a complimentary ticket with every purchase of one Elite Business ...

AIRLINES: Reinstate travel agency commission: IATA agents
The IATA Agents Association of India (IAAI), which is spearheading its agitation against the abolition of travel agency commission by airlines, has chalked out an action plan for December to get the eligible five per cent commission inclusive ...

AIRLINES: Travel agents to stop Jet sales
The travel agents fraternity in India announced on Wednesday that it will stop the sales of Jet Airways and Jetlite, effective Thursday. In a statement, Travel Agents Association of India (TAAI) said, “The travel agents will withdraw ...

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Markets (Dec 03)

Nifty (at close)	2656.45(-1.35)
US Dollar (Buy/Sell)	49.97/98
Brent crude (a bbl) Rs	2,307
Gold (a gram) Rs	1,174
Silver (a kg) Rs	16,845

Ports

In Focus
Pravasi Bharatiya Divas, Singapore

More

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Looking back
Nov. 23-Nov. 29
No political pressure to reverse staff lay-off: Jet chief

Slowdown: Customs agents feel the pinch

Aviation fuel prices, weak rupee impact outbound tourist traffic