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Friday, July 03, 2009
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AIRLINES: AI likely to become listed co; may divest equity to public
Survey calls for listing all public sector enterprises. The Economic Survey 2008-09, tabled in Parliament on Thursday, could pave the way for Air India to not only become a listed company but also divest some of its equity to ...

AIRLINES: Air India borrowings rise to Rs 15,241 cr in June: Patel
Air India has been facing a financial crunch for the past few years and its borrowings have risen to Rs 15,241 crore in June this year from Rs 6,550 crore in November 2007, the Union Minister for Civil Aviation, Mr Praful Patel, informed the ...

AIRLINES: Jet, Sahara tax liability case hearing put off to July 15
Mumbai, July 2 The Bombay High Court has, yet again, adjourned the tax liability dispute case between Jet Airways and Sahara India Commercial Corporation to July ...

HUMAN RESOURCES: AI employees hope salaries will be paid today
Mumbai, July 2 Nearly 11,000 Air India employees, scheduled to get their salaries on Friday, are now keeping their fingers crossed that they are paid on ...

REGULATORY BODIES & RULINGS: Single regulatory body mooted for transport sector
New Delhi, July 2 There should be a single regulatory body for the transport sector and the chairman of the body could be selected by the Planning ...

ROADWAYS: Ministry seeks fast-track clearance for 30 public-pvt road projects
Planning Commission will appraise projects by month-end. New Delhi, July 1 The Ministry of Road Transport and Highways plans to fast track 30 public-private partnership (PPP) sub-projects so as to get all clearances by September-end and put them ...

RAILWAYS: S-E Rly worried over Haldia dock strike
Steel plants likely to face coal shortage. The strike by contractors’ workers at the Haldia dock, which entered the sixth day on Thursday, has sent alarm signals to the railways and steel plants. South Eastern Railway (SER), serving the ...

SHIPPING/PORTS: New Mangalore Port Q1 cargo handling up 10.8%
Mangalore, July 2 New Mangalore Port has registered a 10.81 per cent growth in cargo handling in the first quarter of the current financial year. The port handled 9.02 million tonnes of traffic during the first quarter of 2009-10 against 8.14 ...

RAILWAYS: Allow pvt cos to run passenger trains: Survey
New Delhi, July 2 About a dozen tourist routes could be identified and a single licence to provide passenger train services on any or all of these routes, the Economic Survey 2008-09 has said while listing the steps to improve the ...

SHIPPING/PORTS: Convert port trusts into public-listed cos
The port trusts should be converted into public-listed companies (minus the excess land) with the general public holding at least 49 per cent of the shares, the Economic Survey 2008-09 has said. This is one of the steps suggested in the survey ...

RAILWAYS: New DRM for Thiruvananthapuram
...






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Markets (July 02)
Nifty (at close)4,348.85(+7.95)
US Dollar (Buy/Sell)47.94/95
Brent crude (a bbl) Rs3,276
Gold (a gram) Rs1,350
Silver (a kg) Rs22,675

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