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Wednesday, August 06, 2008
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SHIPPING/PORTS: Fresh bidding process for mega box terminal at Chennai port
Project cost increases by 16% to Rs 3,600 crore. Chennai, Aug. 5 There will be a fresh bidding process for the Rs 3,100-crore ‘Mega Container Terminal’ at the Chennai port with the Chennai Port Trust (ChPT) deciding to ...

SUPPLY CHAIN MANAGEMENT: CII Institute, IIMM join hands to offer management courses
Chennai, Aug. 5 The CII Institute of Logistics and the Indian Institute of Management Materials have jointly launched two new executive development programmes -- on supply chain management and retail supply chain management. ...

AIRLINES: Air India rejigs senior management team
Announces executives for posts some months ahead. New Delhi, Aug 5 In an effort to revitalise Air India, the management has not only announced some immediate changes in a few key positions, but has also named some personnel to take over as ...

RAILWAYS: Integrated traffic plan for Hyderabad Metro Rail project
Hyderabad, Aug. 5 With the Andhra Pradesh Cabinet giving formal approval to Nava Bharat-Maytas consortium to build the Rs 12,000-crore Hyderabad Metro Rail project, the Greater Hyderabad Municipal Corporation (GHMC) is preparing an integrated ...

SUPPLY CHAIN MANAGEMENT: Redington plans to set up 4 automated distribution centres
To cut rental expenses, utilise space to the maximum. Chennai, Aug. 5 For better utilisation of warehouse space and improved operational efficiency, Redington India Ltd intends to set up four automated distribution centres (ADCs) in four ...

SHIPPING/PORTS: Work on Vallarpadam project set to begin

SHIPPING/PORTS: KIOCL facility at NMPT yard
The Kudremukh Iron Ore Company Ltd (KIOCL) has created a railway unloading facility at the marshalling yard of New Mangalore Port Trust. ...

PEOPLE: New chairman for Tuticorin Port
Mr G J Rao has taken over as the Chairman of Tuticorin Port Trust. He succeeds Mr N Raghupathy, IAS, who relinquished office on completion of term. Prior to this, Mr Rao was Deputy Chairman of Chennai Port Trust. ...

SHIPPING/PORTS: Fear of closure of Haldia dock unfounded: KoPT Chairman
Kolkata, Aug. 5 Dr A.K. Chanda, Chairman of Kolkata Port Trust, allays fear of closure of the port’s dock at Haldia due to the poor navigability of the Hooghly ...

ROADWAYS: Chennai transport corpn to induct 1,000 more buses
The Metropolitan Transport Corporation (MTC) will induct 1,000 more buses, at a cost of Rs 188 crore, to its fleet during the current financial year. This will take the total fleet strength to 4,093 before next March. ...

SHIPPING/PORTS: Navratna status for Shipping Corporation
New Delhi, Aug. 5 The Government has conferred Navratna status on Shipping Corporation of India, making it the 17th member of the elite Navratna club. ...

TRADE & LABOUR UNIONS: Kochi port staff body offers support to management
Kochi, Aug. 5 The Managing Committee of Cochin Port Staff Association (CPSA) has resolved that the union, while protecting the legitimate rights and privileges of the workers, will extend all support to the port management in their actions to ...

SHIPPING/PORTS: Vizhinjam project gets security nod
Thiruvananthapuram, Aug. 5 The proposed international container transhipment terminal at Vizhinjam, near here, has received security clearance from the Union Defence ...



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Markets (Aug 05)
Nifty (at close)4502.85(+107.50)
US Dollar (Buy/Sell)42.28/30
Brent crude (per bbl) Rs5,062
Gold (per gram) Rs1,129
Silver (per gram) Rs25.25

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