The Hindu Business Line : Friday, May 22, 2009

LOGISTICS

AIRLINES: As ever, PSUs carry the load during poll time
TRAVEL AND STAYS. New Delhi, May 21 From the conduct of free and fair elections to providing accommodation to almost half of the newly elected Lok Sabha members, the Government always turns to the public ...

SHIPPING/PORTS: DCI to invite bids for 2 trailer suction dredgers
Dredging Corporation of India (DCI) is to shortly invite bids for acquiring on charter two trailer suction dredgers (4,000-cum hopper capacity each) for deployment in the Hooghly river by September/October, according to Kolkata Port Trust ...

FINANCIAL PERFORMANCE: MPSEZ standalone Q4 net up 66%
Adani Group’s Mundra Port and Special Economic Zone Ltd (MPSEZ) posted a standalone net profit at Rs 151.19 crore (Rs 91.1 crore) up 66 per cent for the fourth quarter ended March 31, 2009. The net sales for the period decreased 13.4 per ...

FINANCIAL PERFORMANCE: Varun Shipping net up 51% on forex gains
Mumbai, May 21 Varun Shipping Company reported a 51 per cent rise in net profit at Rs 122.8 crore for the year ended March 31, 2009, against Rs 81.5 crore in the ...

INSIGHT: Taking the moolah track
The Railways is the ultimate milch cow and an ideal vehicle for winning friends and influencing people. With its separate annual budget of over Rs 50,000 crore not many politicians would miss the opportunity to lord over the Ministry from the ...

RAILWAYS: Railways moves 12% more coal in April
New Delhi, May 21 Supported by 12 per cent growth in loading of coal in April against the corresponding previous period, the Indian Railways has recorded a 3.05 per cent growth in the total freight ...

AIRLINES: Foundation laid for MRO facility at Hyderabad airport
Air India’s five-acre MRO (maintenance, repair and overhaul) facility at the Rajiv Gandhi International Airport would be ready by the end of 2010, according to Mr Arvind Jadhav, Chairman and Managing Director of ...

ROADWAYS: Akriti City bags Gujarat deal
Pune, May 21 Real estate developer Akriti City has been awarded a contract by the Gujarat State Road Transport Corporation to revamp four bus terminals in two cities in Gujarat. The project, which is being undertaken as a pilot, involves ...

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Markets (May 21)

Nifty (at close)	4,210.90(-59.40)
US Dollar (Buy/Sell)	47.37/38
Brent crude (a bbl) Rs	2,851
Gold (a gram) Rs	1,345
Silver (a kg) Rs	23,510

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Looking back
May. 10-May. 16
Shipping: Fighting strong currents

International travellers to get higher compensation

Air India losses pile up to Rs 4,000 cr in 2008-09

Domestic airlines report 15% fall in passenger traffic in April

NHAI restructures 29 projects; cost down by 5-30%