The Hindu Business Line : Tuesday, September 23, 2008

LOGISTICS

HUMAN RESOURCES: Domestic airlines clip staff strength
Kingfisher, JetLite cutback to stay afloat. New Delhi, Sept. 22 To achieve economies of scale and stay afloat despite a decline in passenger numbers, several domestic airlines are looking to downsize their workforce. On Monday, Kingfisher ...

AIRLINES: Kingfisher Airlines will turn around soon: Mallya
‘If we get ATF licence, we will turn profitable sooner’. Kingfisher Airlines is expected to turn profitable by FY10 even as it has applied for a licence to import aviation fuel for its ...

RAILWAYS: Fall in demand for East Coast Rly rakes to transport iron ore
Slump in global prices, non-availability in mine areas major reasons. East Coast Railway (ECoR) is currently holding only one indent for loading iron ore for exports and no indent for loading for domestic movement from the Keonjhar-Nayagarh area ...

RAILWAYS: Allegations by Delhi Metro chief baseless, says Govt
Hyderabad, Sept. 22 The Andhra Pradesh Government has termed the allegations made by Dr E. Sreedharan, Managing Director, Delhi Metro Rail Corporation Ltd (DMRC), on the Hyderabad Metro Rail Project (HMR), as “baseless” and has ...

RAILWAYS: Export loading of iron ore comes down by half in SW Railway zone
Falls to 11 rakes a day from 22 during April-May. Mangalore, Sept. 22 The export loading of iron ore cargo in South Western Railway (SWR) zone has come down by nearly 50 per cent in a span of nearly four ...

SHIPPING/PORTS: BPCL-KR gets waiver of wharfage on crude back-loading at Kochi port
Kochi, Sept. 22 The Board of Trustees of the Kochi Port has approved the proposal of BPCL-Kochi Refinery for waiver of wharfage on crude back-loading at the Cochin Oil Terminal (COT) for a period of one ...

HUMAN RESOURCES: Analysts unsure of benefits from job cuts by airlines
While Indian airline companies are on a staff cutting exercise, analysts differ on how beneficial this move would be for their bleeding profit and loss ...

SHIPPING/PORTS: Mir Projects consortium bags Mormugao port contract
Kochi, Sept 22 Mir Projects and Consultants, the consultancy and project management wing of Mir Group, has been awarded the consultancy for developing breakwater facilities, west of Mormugao port, in consortium with the Group’s US ...

RAILWAYS: Gauge conversion work gaining momentum in Tamil Nadu
Coimbatore, Sept 22 The Union Minister of State for Railways, Mr R. Velu, said electrification, gauge conversion and line doubling works were gaining momentum in ...

AIRLINES: New tool for airlines
Mumbai, Sept. 22 Tata Consultancy Services (TCS) and an arm of aviation security firm ICTS International N.V., have launched a product for automatic document checking, through their partnership with the global airline association, ...

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Markets (Sept 22)

Nifty (at close)	4223.05(-22.20)
US Dollar (Buy/Sell)	45.35/36
Brent crude (a bbl) Rs	4,499
Gold (a gram) Rs	1,157
Silver (a kg) Rs	19,705

Ports

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Sep. 14-Sep. 20
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