The Hindu Business Line : Friday, April 17, 2009

LOGISTICS

HUMAN RESOURCES: Jet asks some operations staff to relocate
Mumbai, April 16 As part of a cost restructuring exercise, Jet Airways plans to rationalise operations staff in smaller bases such as Hyderabad, Chennai and ...

SHIPPING/PORTS: Mercator to sharpen focus on dredging, coal mining
Has acquired mines in Indonesia, Mozambique. Mumbai April 16 With the global freight market remaining dampened due to recessionary trends, Mercator Lines, India’s second largest private shipping company, has decided to sharpen focus on ...

TRADE & LABOUR UNIONS: Haldia dock unions threaten stir on contracts for berths
Asks Kolkata Port management to reverse decision. Kolkata, April 16 Four unions controlling employees and workers of Haldia dock and all affiliated to central trade unions, namely, CITU, INTUC, AITUC and HMS, and the dock’s officers’ ...

SHIPPING/PORTS: Work begins on Rs 1,600-cr Phase-II of Karaikal port
Chennai, April 16 Even as the first phase of construction of the Karaikal port is nearing completion, Karaikal Port Ltd, the company that is building the port, has begun work on the larger ...

RAILWAYS: Punj Lloyd to build 8 stations for Bangalore Metro
Mumbai, April 16 Infrastructure major Punj Lloyd Group has secured three contracts worth Rs 308 crore from the Bangalore Metro Rail Corporation for the construction of eight ...

RAILWAYS: SW Rly Hubli goods earnings rise 18%
The performance of Hubli division of South Western Railway (SWR) zone for 2008-09 has been quite encouraging despite several constraints and recession in domestic and international markets, according to Mr Adesh Sharma, Divisional ...

AIRLINES: Emirates and Cathay continue to pay agents commission
Mumbai, April 16 Emirates and Cathay Pacific said that they continue to give commissions to travel agents in India. “Emirates has always partnered with the travel agent fraternity and has not deprived them of their 5 per cent commission ...

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Markets (April 16)

Nifty (at close)	3369.50(-114.65)
US Dollar (Buy/Sell)	49.77/78
Brent crude (a bbl) Rs	2,568
Gold (a gram) Rs	1,342
Silver (a kg) Rs	21,785

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