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Monday, January 05, 2009
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TRADE & LABOUR UNIONS: Transporters to go ahead with strike as talks fail
Goods vehicle owners’ body not joining stir. New Delhi, Jan. 4 The All-India Motor Transport Congress (AIMTC stuck to its stand of launching an indefinite strike from tomorrow ...

AIRLINES: Gap between rail, air fares narrowing
‘Too early to hazard guess on corporate travel policy’. The latest fare reduction announced by the domestic airline industry has further narrowed the gap between rail and air fares, especially between cities that are more than 750 km ...

SHIPPING/PORTS: Shipping lines buffeted by ill winds
Reports have it that foreign container lines serving Indian ports have not been doing too well for the past three months or so. The global meltdown is taking its toll on the country’s import and ...

SUPPLY CHAIN MANAGEMENT: Part and parcel of IT
Now, a hand-held device to speed up the courier delivery process.. We’ve all been through this. The courier delivery man rings the bell to hand over a cover/parcel. To confirm delivery, he asks you to sign on the acknowledgement slip and ...

INFRASTRUCTURE: Upgrade of airports to boost export draws flak from CAG
Report says airstrips have not been used for air cargo. Mumbai, Jan. 4 Five small airports in Maharashtra, which were upgraded with Centre’s financial assistance for boosting exports, hardly handle any export cargo, the Comptroller and ...

ROADWAYS: Ahmedabad BRTS first phase may hit the road by June
After a delay of about eight months, the first phase of the much-talked-about Bus Rapid Transit System (BRTS), which was to commence operation in October 2008, is now likely to start in June 2009 as work is progressing at a faster pace in ...

SHIPPING/PORTS: Kochi port feels meltdown heat
As Kochi Port Trust starts feeling the heat of global meltdown, the port authorities examine various options to boost cargo throughput and avert a probable dip in revenue earnings caused by the recessionary ...

SHIPPING/PORTS: NMPT cargo handling up 3% in April-Dec
Mangalore, Jan. 4 New Mangalore Port Trust (NMPT) has witnessed a growth of 2.97 per cent in cargo handling in the first nine months of the current financial year. The port handled 27.71 million tonnes of cargo from April to December in ...

SHIPPING/PORTS: US alters import rules
The US Department of Homeland Security has announced new requirements for US-bound maritime cargo, according to the Shipping Gazette. Effective January 26, the Importer Security Filing & Additional Carriers Requirements ...

SHIPPING/PORTS: Sandhead trouble at Haldia
Haldia dock, it appears, will never be free from controversy. Only a few weeks ago, the situation arising out of the declining draft in the Hooghly near the dock and the shortage of dredgers hit headlines. No sooner had the controversy subsided, ...

SHIPPING/PORTS: National Waterway tag for Barak
The 121-km long Bhanga-Lakhipur stretch of the Barak river in the lower reaches of Assam is to be declared National Waterway Number 6 shortly. A Bill on this has been placed before Parliament. Once the Bill is passed and the Union Government ...






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Markets (Jan 03)
Nifty (on Jan 02)3046.75(+13.30)
US Dollar (Buy/Sell)48.55/60
Brent crude (a bbl) Rs2,336
Gold (a gram) Rs1,245
Silver (a kg) Rs19,745

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