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SHIPPING/PORTS: Kochi port signs pact with Petronet for LNG terminal
Puthuvypeen project likely to be commissioned by 2012. Kochi, March 12 The Cochin Port Trust on Thursday signed the concession agreement with Petronet LNG Ltd (PLL) for the construction of LNG terminal and re-gasification plant within the ...

RAILWAYS: Accounting for profit
Was the Railways really ‘bankrupt’ in 2001?. Had the accounting methods that the Indian Railways follows now been followed during Mr Nitish Kumar’s stint as a Railway Minister, the Railways would have had an annual cash surplus ...

SHIPPING/PORTS: Chennai co drags DG Shipping to court on foreign vessel charter licence issue
The Director General of Shipping has been dragged to the court by a little known Chennai-based logistics firm, Caravel Logistics, for denying permission to in-charter a foreign flag vessel for coastal operations. In a petition filed in the ...

AIRLINES: Air Arabia to start Goa service from April 16
Air Arabia, the first and the largest low-cost carrier (LCC) in West Asia and North Africa, announced on Thursday that it will launch its service to Goa starting April 16. Roundtrip flights will operate three days a week between ...

SUPPLY CHAIN MANAGEMENT: CWC to go slow on inland box depot plans
Faced with an economic downturn, Central Warehousing Corporation (CWC) has decided to go slow over its earlier plan to launch in the current fiscal itself three inland container depots (ICDs)/container freight stations (CFSs) at Kannaur, ...

INSIGHT: Smooth flight, rough landing
After Herculean efforts to seek a special package for the airline industry, the Civil Aviation Ministry was able to do little to convince domestic airlines to lower fares. That would be the most ...





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Markets (March 12)
Nifty (at close)2,617.45(+44.30)
US Dollar (Buy/Sell)51.78/79
Brent crude (a bbl) Rs2,153
Gold (a gram) Rs1,413
Silver (a kg) Rs23,030

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In Focus
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Looking back
Mar. 1-Mar. 7
Aviation fuel prices cut by Rs 2 a litre

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