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Friday, November 13, 2009
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PERFORMANCE: Domestic airlines carry 27% more passengers in Oct
Too early to call it a revival, say airline officials. New Delhi, Nov. 12 The festival month brought cheer to the domestic airline ...

INFRASTRUCTURE: Navi Mumbai airport project set for take-off
Expert panel likely to give green signal by January. Mumbai, Nov. 12 The $2-billion Navi Mumbai Airport project, which had hit a roadblock in the form of environment clearances from the Centre, is now likely to get the go-ahead by ...

RAILWAYS: Delhi Metro flags off service to Noida
New Delhi, Nov. 12 When the Delhi Metro entered another State (Noida, Uttar Pradesh) for the first time here today, there was another first as well. For the first time, the same metro train was flagged off twice, from two different ends, ...

ALLIANCES & JOINT VENTURES: EADS spare-parts support venture
EADS, through its Airbus division, Airspace Infrastructure Pvt Ltd, and Airlogic Ltd Sti, a Turkish company, have formed Spares Support Solutions India Pvt Ltd (SSSI), a new spare part and logistics support joint venture, said a statement from ...

INFRASTRUCTURE: GMR Hyderabad Intl Airport pushes back breakeven date by six years to 2020
Hyderabad, Nov. 12 The economic downturn and lower-than-expected revenue collections have made GMR Hyderabad International Airport Ltd (GHIAL), which operates the Hyderabad international airport, stretch its projected breakeven schedule of ...

AIRLINES: Etihad to fly to Hyderabad
Hyderabad, Nov. 12 United Arab Emirates’ Etihad Airways has launched a new service from Abu Dhabi to Hyderabad. Initially, the airline will operate four flights a week and expand it to a daily service from ...

SHIPPING/PORTS: New funding model for Mumbai harbour link project
Mumbai, Nov. 12 The Mumbai Metropolitan Region Development Authority is considering a viability gap funding model for the Rs 10,000-crore Mumbai Trans Harbour Link ...

EDUCATION: Maritime varsity to offer courses on warship design, construction
Indian Maritime University, Visakhapatnam, formerly the National Ship Design Research Centre, is planning to offer undergraduate and postgraduate courses on warship design and production in association with the Indian Navy. Negotiations are ...

AIRLINES: Air India will get Govt equity if it undertakes effective cost cutting
New Delhi, Nov. 12 The Government has agreed to give equity to Air India provided the state owned airline shows cost cutting and revenue ...

SHIPPING/PORTS: Delay likely in commissioning of Dhamra port in Orissa
The commissioning of Dhamra port in Orissa is likely to be delayed. The commissioning, scheduled in April, may not be possible before September/October, it is ...

AIRLINES: AI clarifies
With reference to the news report “Five Air India executives put in their papers” (Business Line, Nov 7), Air India clarifies that of the five executives mentioned in the report, Mrs Manjira Khurana and Mr R.R. ...

AIR CARGO: FedEx’s new offering
FedEx Corp of the US has announced the launch of FedEx India, a next-business day domestic express service for Indian market connecting 50 locations, including Kolkata, according to a company release. The service will provide customers in ...





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Markets (Nov 12)
Nifty (at close)4,952.65 (-51.30)
US Dollar (Buy/Sell)46.65/66
Brent crude (a bbl) Rs3,625
Gold (a gram) Rs1,595
Silver (a kg) Rs28,700

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