The Hindu Business Line : Friday, April 03, 2009

LOGISTICS

SHIPPING/PORTS: Major ports handle 2.13% more traffic in 2008-09
Fertiliser, petro products, coal, iron ore boost cargo handling. New Delhi, April 2 Robust growth in finished fertiliser, thermal and coking coal; petroleum products and iron ore have helped the major ports register a 2.13 per cent growth in ...

AIR CARGO: Deccan Express Logistics scaling down investment by $20 m
Set to launch freighter service followed by full scale operation. Deccan Express Logistics, an air and ground distribution company, is scaling down its initial investment into the venture by about $20 million with the company now set to launch a ...

SHIPPING/PORTS: Paradip port cargo handling up 9.36%
In 2008-09, the Paradip Port Trust (PPT) handled 46.41 million tonnes (mt) of cargo traffic, up from 42.44 mt in 2007-08, thus posting 9.36 per cent growth despite economic downturn globally, according to a PPT press ...

SHIPPING/PORTS: Vizag port handles 63.9 mt cargo
Visakhapatnam, April 2 The Visakhapatnam port handled 63.94 million tonnes (mt) of cargo during 2008-09 against a target of 65 mt set by the Ministry. Port sources attribute the deficit to the global economic recession and also to the fact ...

ROADWAYS: GMR completes highway project
GMR Group’s Adloor-Yellareddy to Gundla-Pochanpalli Highway project (AP – 2), has commenced commercial operations with effect from March 26. This is the Group’s third highway project in Andhra Pradesh. The 102 km stretch on NH ...

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Markets (April 2)

Nifty (at close)	3211.05(+150.70)
US Dollar (Buy/Sell)	50.34/35
Brent crude (a bbl) Rs	2,352
Gold (a gram) Rs	1,419
Silver (a kg) Rs	22,820

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