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Tuesday, September 09, 2008
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RAILWAYS: Stone India plans overseas acquisition
To gain foothold in European market. Kolkata, Sept 8 Stone India Ltd, a major manufacturer and supplier of railway equipment, is planning overseas acquisition. It has bid for a European firm in similar line of ...

AIRLINES: Oman Air to celebrate Onam
Oman Air, the first foreign airline to commence operations from the Cochin International Airport, has completed seven years of its operations. To celebrate Onam in the skies, the national carrier of Oman has announced the introduction of Onam ...

ACCIDENTS: They heard a loud thud
Hyderabad, Sept. 8 It was like all hell broken loose for Ms Madhavi, a 16-year-old intermediate student preparing for her quarterly examinations, and her father Mr Nageshwara Rao (45), when they heard a big thud on their roof of their ...

SHIPPING/PORTS: Kochi feeder operators plan surcharge on exim trade
Want yard congestion at Kochi brought under control. Kochi, Sept 8 The feeder operators in Kochi port have threatened to impose a ‘trade surcharge’ on exim trade unless the congestion in the container terminal returns to normal in ...

SHIPPING/PORTS: Greatship, Norwegian co ink pact for sub-sea project
Greatship India Ltd (GIL), the wholly-owned subsidiary of Great Eastern Shipping Co, has inked a joint venture with DOF Subsea ASA of Norway to focus on sub-sea project opportunities in the Indian subcontinent. ...

ACCIDENTS: Trainer aircraft of AP academy crashes into colony; kills two
A trainer aircraft of the AP Aviation Academy crashed into the residential Sanathnagar colony adjoining the Begumpet Airport, killing the trainer Mr Niraj Jain (26) and the trainee Mr Srinivas (20) and injuring ...

AIRLINES: Singapore Airlines cuts fuel surcharge
With international price of fuel dropping, Singapore Airlines is to reduce the fuel surcharge on passengers purchasing their ticket for travel between India and Singapore from September 9 will have to pay on the 63-weekly flights operated by ...






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Markets (Sep 08)
Nifty (at 03.30 p.m)4478.35 (+126.05)
US Dollar (Buy/Sell)44.35/36
Brent crude (a bbl) Rs4,561
Gold (a gram) Rs1,093
Silver (a kg) Rs19,480

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Looking back
Aug. 31-Sep. 6
Fall in ATF prices pushes up airline stocks

High bunker prices keep cruise operators off Indian ports



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