The Hindu Business Line : Tuesday, June 23, 2009

LOGISTICS

HUMAN RESOURCES: AI targets Rs 500-cr wage cost reduction
Panel to submit report by July 15 to CMD. Air India is targeting a reduction of almost 17 per cent or Rs 500 crore of its annual wage bill of more than Rs 3,000 crore. The airline is passing through a severe financial crisis, losing almost Rs 15 ...

INSIGHT: Air India needs support
Air India (NACIL) has asked the Government for financial support in the face of huge losses and a liquidity crunch. Going by the comments in the media, it would seem as if Air India alone has losses and that money received from the Government so ...

INSIGHT: Saving a dying airline
In January 2009, a flock of geese caused US Airways Flight 1549 to crash into the Hudson River. But we, in India, are witnessing the geese that laid golden eggs for Indian aviation — Indian Airlines and Air India — being brought ...

REGULATORY BODIES & RULINGS: Shipping Ministry proposes a powerful successor of TAMP
Ennore port to come under new body’s ambit. New Delhi, June 22 Concessionaires operating terminals in major ports will have to be careful before they try and bypass the new proposed version of Tariff Authority of Major Ports (TAMP) by ...

SHIPPING/PORTS: Kolkata port board meet deferred
The meeting of the board of trustees of Kolkata Port Trust (KoPT), due to be held on June 23, has been deferred until further order following a communiqué from the Shipping Ministry on Monday, according to the KoPT sources. As a result, ...

SUPPLY CHAIN MANAGEMENT: UPS to boost India focus
Continue investing to increase ‘infrastructure spread’. Mumbai, June 22 UPS, the US-based express and logistics services company, is honing focus on its India ...

SHIPPING/PORTS: Port users oppose revision of rates in Kochi
Kochi, June 22 There is rising discontent among the shipping circles here over the proposal for an overall increase in scale of rates, saying that it would be detrimental to the interests of the port considering the overall economic ...

SHIPPING/PORTS: NMPT lures traders from Hassan
Mangalore, June 22 New Mangalore Port Trust (NMPT), in association with the Hassan District Chamber of Commerce and Industry, conducted a trade meet in Hassan ...

AIRLINES: Jet, Sahara ready to settle out of court
Mumbai, June 22 The Bombay High Court has adjourned the tax dispute case between Jet Airways and Sahara India Commercial Corporation Ltd (SICCL) to July 2. The two companies have also indicated that they are willing to go in for an ...

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Markets (June 22)

Nifty (at close)	4,235.25 (-78.35)
US Dollar (Buy/Sell)	48.38/39
Brent crude (a bbl) Rs	3,283
Gold (a gram) Rs	1,354
Silver (a kg) Rs	23,505

Ports

In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Reports of Addax bid, court verdict pull down Reliance

Shipping Ministry proposes a powerful successor of TAMP

Jindal Saw bags Rs 1,000 cr worth orders

Vendors see rise in testing biz volumes

IFCI still open to idea of strategic investor

Govt under pressure to hike petrol, diesel prices

Yesterday’s nectar, today’s killer

Looking back
Jun. 14-Jun. 20
NHAI changes land acquisition norms for awarding projects