The Hindu Business Line : Thursday, June 18, 2009

LOGISTICS

SUPPLY CHAIN MANAGEMENT: Deccan 360 plans expansion; to raise Rs 150 cr thru debt
The promoter of the country’s first low-cost airline Air Deccan, Capt G. R. Gopinath’s new venture Deccan 360, an express logistics company, is close to raising up to Rs 150 crore through debt for its working capital needs as ...

AIRLINES: Kingfisher, Jet hike fuel surcharge by Rs 400
This follows the decision of Jet Airways and Kingfisher Airlines to raise the fuel surcharge by Rs 400 on all their domestic ...

ROADWAYS: AP seeks World Bank loan for highway project
The Andhra Pradesh Government is negotiating for a Rs 100-crore World Bank assistance to help improve the Highway Safety and Surveillance System on two dense ...

SHIPPING/PORTS: Paradip hopes to sign deal with Nobel Consortium by month-end
To build deep-draught iron ore berth. The Paradip Port Trust hopes to sign shortly the concession agreement with the consortium led by the Hong Kong-based Nobel Group selected for the construction of the 10-mtpa capacity deep-draught iron ore ...

ROADWAYS: NHAI changes land acquisition norms for awarding projects
New Delhi, June 17 National Highways Authority of India (NHAI) has decided to issue the letter of award (LoA) to a highway developer only after it has acquired 80 per cent of the land required for the ...

ROADWAYS: IRB Infra bags deal for 4-laning of Goa-Karnataka highway
Bangalore, June 17 IRB Infrastructure Developers Ltd has been awarded the four-laning of the 65-km long National Highway-4a Goa-Karnataka border starting ...

RAILWAYS: Breakthrough
...

ROADWAYS: On the slow lane
...

AIRLINES: Etihad increases services from Kozhikode
Kochi, June 17 Etihad Airways, the national airline of the United Arab Emirates, will increase its connections from Kozhikode to major destinations in Europe and the US as also to Saudi Arabia through its hub in Abu ...

RAILWAYS: Rlys freight loading up 2.54% in May
New Delhi, Jun 17 The Indian Railways carried 71.73 million tonnes (mt) of freight traffic in May 2009, registering 2.54 per cent growth over the corresponding period last year. The earnings from freight were at Rs 4,733.21 crore, up 1.9 per ...

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Markets (June 17)

Nifty (at close)	4,356.15(-161.65)
US Dollar (Buy/Sell)	48.13/14
Brent crude (a bbl) Rs	3,310
Gold (a gram) Rs	1,347
Silver (a kg) Rs	23,420

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