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HUMAN RESOURCES: Jet Air issues pink slips to 100 employees
50 cabin crew on probation, 50 on superannuation. Mumbai, May 1 In yet another move of streamlining costs, Mr Naresh Goyal-owned Jet Airways has terminated contracts of 50-odd cabin crew staff who were on probation, and about 50 contracts of ...

RAILWAYS: MMRDA plans 100-km monorail network in Mumbai
Project estimated to cost Rs 12,000 cr. Mumbai, May 1 The Mumbai Metropolitan Region Development Authority (MMRDA) is planning a 100-km network of monorail in the Mumbai metropolitan area in next seven years. The project is likely to cost about ...

SHIPPING/PORTS: New container liner service
A new container liner services has started operating from the Tuticorin port. Caravel Logistics Pvt Ltd started its maiden service to west coast ports connecting Tuticorin with Mundra and Kochi from Tuticorin port on April 24 with once in 10 ...

RAILWAYS: ‘Scrap side middle berths in trains’
The Tamilnadu Foodgrains Merchants Association has urged the Union Government to withdraw the side middle berths in the sleeper class in the trains. In its executive committee meeting, the association also resolved to take up with the Chief ...

SUPPLY CHAIN MANAGEMENT: German team evinces interest in Chennai logistics park
Chennai, May 1 The business delegation from Lower Saxony State in Germany is looking at utilising the services of integrated logistics park set up in Chennai by the Rs 500-crore Uniworld ...

INFRASTRUCTURE: Paradip port issues LoA to Noble consortium for Rs 591-cr iron ore berth
The Paradip Port Trust (PPT) has issued a letter of acceptance (LoA) to the consortium led by the Hong Kong-based Noble Group for developing and operating the Rs 591-crore iron ore berth. The consortium comprises Noble Group, ...

TRADE & LABOUR UNIONS: Court orders protection to Kochi Port
Kochi, May 1 The Kerala High Court has directed the Kochi City Police Commissioner and Harbour Police Station Sub-Inspector to provide adequate protection to the Cochin Port Trust for carrying on operations at the ...





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Markets (April 30)
Nifty (at close on Apr 29)3,474(+111.65)
US Dollar (Buy/Sell)50.04/05
Brent crude (a bbl) Rs2,540
Gold (a gram) Rs1,350
Silver (a kg) Rs21,980

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