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Wednesday, February 04, 2009
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RAILWAYS: E-procurement: Rlys processes 3,712 tenders in 5 months
9 rly zones, 5 production units have already adopted this system. Electronic procurement or e-procurement is getting popular in the Indian Railways with over 3,712 e-tenders uploaded and opened in the last five months or ...

RAILWAYS: Delhi Metro rail network adds new 6.36 km-link
Project completed 9 months ahead of schedule, 40 km more to be added. New Delhi, Feb 3 Another 6.36 km of new rail link was added to Delhi Metro’s existing rail network here on Tuesday taking the total length of operating metro rail in the ...

RAILWAYS: Sops to iron ore exporters withdrawn
Indian Railways has partially withdrawn concessions it had extended to iron ore exporters by reducing freight rate concessions by Rs 100 a tonne. Simply put, if a customer was receiving concession of Rs 134 a tonne, then he would now receive ...

AIRLINES: Emirates doubles Kochi flight
...

RAILWAYS: ‘Reconsider rail freight rate hike’
The Sattur Chamber of Commerce and Industries has made a plea for a reconsideration of the proposed increase in the railway freight rates. In a letter addressed to the Union Railway Minister, Mr Lalu Prasad, the Chamber Secretary, Mr ...

ALLIANCES & JOINT VENTURES: NHBC inks MoU with HWC
...

SHIPPING/PORTS: GTI emerges leader in container handling
Chennai, Feb. 3 The Gateway Terminals India (GTI), a successful model of public-private-partnership in the domestic maritime sector, has become the country’s top container port. It has pushed the long-time leader Nhava Sheva ...

AIRLINES: Singapore Airlines firm on not paying commission to travel agents
Bangalore, Feb. 3 Despite over 95 per cent of Singapore Airlines’ business in India being generated through travel agents and facing a virtual boycott from the agents, the airline has decided not to budge from its decision to adopt ...

AIRLINES: TAAI hints at blocking ticket sales of more airlines
To withdraw support to selling Singapore as a destination. Hyderabad, Feb. 3 Travel Agents Association of India (TAAI) has warned that it might bar sales of tickets of all the 11 major international airlines if they do not resume paying ...

AIR CARGO: Kerala CM inaugurates centre for perishable cargo at CIAL
Kochi, Feb. 3 The Chief Minister, Mr V.S. Achuthanandan, has inaugurated the Rs 24-crore Centre for Perishable Cargo (CPC) at the Cochin International Airport Ltd ...






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Markets (Feb 02)
Nifty (at close)2,786.80(-108.15)
US Dollar (Buy/Sell)48.92/93
Brent crude (a bbl) Rs2,203
Gold (a gram) Rs1,302
Silver (a kg) Rs21,205

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E-procurement: Rlys processes 3,712 tenders in 5 months

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Looking back
Jan. 25-Jan. 31
Shipping industry may see only marginal rise in 2009 fleet tonnage

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