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Monday, June 29, 2009
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AIRLINES: Air India joins club seeking Govt support
New Delhi, June 28 As and when Air India gets financial assistance from the Government, it will join the league of a growing number of global airlines that have received aid from their ...

ROADWAYS: Bandra-Worli sea link may not end Mumbai’s traffic woes
Mumbai, June 28 The Bandra-Worli sea link will be inaugurated on Tuesday. It could come as the best piece of news to car and bus commuters in Mumbai as the 10-km stretch sometimes takes up to an hour to cross on a ...

SHIPPING/PORTS: New land use policy for major ports soon
Policy expected to remove ambiguities in land use policy. A Shipping Ministry committee might submit its recommendations soon on a revised land use policy for major ...

VENTURE CAPITAL: Meru Cabs sees additional Rs 100-cr investment
Bangalore, June 28 India Value Fund (IVF), a private equity, will be investing an additional Rs 100 crore to help V-Link Pvt Ltd expand its fleet of branded metered city cab service. IVF — which owns a majority stake of more than 50 ...

REGULATORY BODIES & RULINGS: ‘Airport regulatory body to be operational in 2-3 weeks’
Kolkata, June 28 The newly formed Airports Economic Regulatory Authority (AERA), entrusted with the regulation of airport charges in high tariff airports, will be operational in two to three weeks, according to Mr M. Madhavan Nambiar, ...

STANDARDS & BENCHMARKS: AS 9100 certification awarded to BATL
BrahMos Aerospace Thiruvananthapuram Ltd (BATL) has received AS 9100 certification for the manufacture of aerospace systems for aircraft, spacecraft, missiles and other related ...

RAILWAYS: Rate rules hurt rail users
Can a senior railway official behave whimsically and arbitrarily when it comes to slapping charges on users? How can that be, one might wonder. But then, as it is said, truth is stranger than fiction. The number of instances of arbitrariness, it ...

SHIPPING/PORTS: Streamline ports’ HR
The new Shipping Minister, as he settles into his job, will find his plate full. There are so many things to do but so little has been done. In addition to port projects and other proposals pending for a long time, several major issues on the ...

AIR CARGO: New cargo airline for Asia
Lufthansa Cargo and DHL have launched a cargo airline, AeroLogic. The new carrier will start service on June 29 with a Boeing 777 freighter flying from its hub at Leipzig airport in eastern Germany to Asia (including ...

SHIPPING/PORTS: IMO guns for unarmed ships
The Maritime Safety Committee of the International Maritime Organisation (IMO), a UN body, recently met in London amid reports of increasing incidents of piracy against ships traversing the Somali coast in the Gulf ...





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Markets (June 26)
Nifty (at close)4,375.50 (+133.65)
US Dollar (Buy/Sell)48.10/11
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700

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