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Tuesday, October 21, 2008
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PERFORMANCE: 19% dip in passengers for domestic airlines in Sept
Kingfisher, JetLite & Paramount fare well; Air Deccan biggest loser. New Delhi, Oct. 20 The slowdown in the domestic aviation industry continues to affect almost all the ...

AIRLINES: Jet chief seeks lower sales tax on aviation fuel
Meets Chidambaram; other fiscal steps to help industry also discussed. The Chairman of Jet Airways, Mr Naresh Goyal, on Monday met with the Finance Minister, Mr P. Chidambaram, to seek Central assistance in convincing State Governments on the ...

SHIPPING/PORTS: Toyofuji Shipping plans car terminal in India
Feasibility study initiated; holds talks with Chennai Port Trust. Chennai, Oct. 20 Toyofuji Shipping Co Ltd, the Japanese vehicle logistics specialist in which Toyota Motor has a 50 per cent stake, plans to set up an exclusive car terminal in ...

INSIGHT: Aviation triumvirate
The events of the last few days in the aviation industry make one wonder what the intentions of the triumvirate — the Civil Aviation Ministry, Kingfisher Airlines and Jet Airways — ...

SUPPLY CHAIN MANAGEMENT: Supply management meet at IME
A conference on supply chain management and competitiveness was organised by the Institute of Management Education (IME) last week. The national-level conference was attended by representatives of companies including Cognizant Technologies, ...

SHIPPING/PORTS: Mounting pressure on Dredging Corp to step up work near Haldia dock
Team to inspect dredgers suitable for operation. Kolkata, Oct 20 Dredging Corporation of India (DCI) has identified one trailer suction dredger, not its own, for immediate deployment in the Hooghly River. This follows mounting pressure on the ...

AIRLINES: Emirates gets started on second round of expansion in India
New Delhi, Oct. 20 Dubai-based Emirates airlines is to expand its operations here by adding five more flights each to Bangalore and Chennai apart from operating three-more-flights-a-week ...

MODERNISATION: Airport modernisation
...

RAILWAYS: Rlys freight earnings up 14% in Sept
New Delhi, Oct. 20 Indian Railways registered freight earnings of Rs 4,003.28 crore in September, up 14.24 per cent from the corresponding period last ...

INFRASTRUCTURE: Bangalore airport to go slow on expansion
Bangalore, Oct. 20 Bangalore’s five-month-young airport, which was expected to have a dream take-off on the back of a phenomenal traffic growth during 2005-07, now seems to be going slow on its expansion plan in the face of a ...

SHIPPING/PORTS: Transport workers’ body observes national demands day
Kochi, Oct. 20 The port and dock workers observed national demands day at major ports by heeding to the call of the Water Transport Workers Federation of ...

PEOPLE: SpiceJet appoints new CEO
The Delhi-based low cost airline SpiceJet has appointed Mr Sanjay Aggarwal as the Chief Executive Officer. At present, Mr Aggarwal is the Chief Operating and Chief Strategy Officer of the US-based Flight Options, a private jet aviation ...





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Markets (Oct 20)
Nifty (at close)3122.80(+48.45)
US Dollar (Buy/Sell)48.99/49.00
Brent crude (a bbl) Rs3,295
Gold (a gram) Rs1,181
Silver (a kg) Rs17,760

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Looking back
Oct. 12-Oct. 18
Jet Airways to terminate 1,100 more staff

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