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Thursday, August 21, 2008
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SHIPPING/PORTS: SCI in talks with foreign firms to start new liner services
Co to deploy 2 container vessels to be delivered in October. New Delhi, Aug. 20 Shipping Corporation of India (SCI) is in talks with foreign companies to decide the sectors in which it will deploy its two new container vessels into service. ...

RAILWAYS: AP in talks with Orissa for circuit train project
With Karnataka backing out from the Southern Splendor project, (the circuit train connecting all major tourist destinations in the South) Andhra Pradesh is talking to Orissa to join the ...

SHIPPING/PORTS: ONGC to reimburse service tax dues to shipping cos
Tax on marine logistics provided to oil cos. Mumbai Aug. 20 Shipping companies are set to get some financial relief, with ONGC committing to reimburse them the service tax dues pending from last ...

OUTLOOK: ‘Logistics industry set to grow 15-20% annually’
Mumbai, preferred destination for logistics parks, says Cushman & Wakefield report. Bangalore, Aug. 20 The Indian logistics industry is expected to grow annually at 15-20 per cent, reaching revenues of approximately $385 billion by 2015, ...

SHIPPING/PORTS: Cochin Shipyard proposal to set up small ship division cleared
Rs 98-cr project likely by mid-2009. Kochi, Aug. 20 The Union Government has approved the proposal of the Cochin Shipyard for the creation of a Small Ship Division in the yard. ...

EVENTS: Steamer agents at Kochi port to shift import boxes
Kochi, Aug. 20 The Steamer Agents Association in Kochi port convened an urgent meeting to discuss issues pertaining to the shifting of long-standing import boxes from the terminal to a private Container Freight Station (CFS) to reduce ...

AIRLINES: ‘No plans to allow foreign airline stake in domestic airlines’
New Delhi, Aug. 20 The Ministry of Civil Aviation has no immediate plans to allow foreign airlines to pick up equity in domestic airlines or divest any holding in Air India and Pawan Hans Helicopters Ltd, a senior Ministry official said on ...

AIRLINES: GMR teams up with Malaysian Airlines for repair facility
Hyderabad, Aug. 20 With Lufthansa deciding to put off the plan to set up an MRO facility in India, the GMR Hyderabad International Airport has teamed up with Malaysian Airlines to set up an MRO (maintenance, repair and overhaul) facility at ...

AIRLINES: User development fee to provide relief to GMR
Slowing traffic growth a major concern. The Union Ministry of Civil Aviation’s approval for the levy of user development fee (UDF) for domestic passengers at the Hyderabad airport comes as a relief to GMR Infrastructure – a ...






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Markets (Aug 20)
Nifty (at close)4420.80(+52.55)
US Dollar (Buy/Sell)43.83/84
Brent crude (a bbl) Rs4,839
Gold (a gram) Rs1,104
Silver (a kg) Rs20,495

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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

Other Top Stories
General insurers may be allowed to tap capital market this fiscal

Ministry sees scope for higher direct taxes share in overall tax kitty

TRAI seeks regulation over television content

‘Slowdown to have minimal impact on pay hikes in 2009’

Focus on preparing entrepreneurs to meet global challenges

ONGC to reimburse service tax dues to shipping cos

SCI in talks with foreign firms to start new liner services

Looking back
Aug. 10-Aug. 16
Andhra Pradesh drive to boost sea-borne trade

AP Govt to get Golden Share in metro rail project

Decks cleared for Chennai, Kolkata airports modernisation



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