The Hindu Business Line : Thursday, February 12, 2009

LOGISTICS

RAILWAYS: SEC Rly plans to raise maximum speed of freight trains
Also plans upgradation of loop lines, bypasses, sidings, crossovers. Bilaspur (Chhattisgarh), Feb 11 South East Central Railway (SECR), the country’s largest freight-loading zonal railway, is working on schemes to increase the maximum ...

ROADWAYS: CCEA nod for longer concession period for Maharashtra project
Move allows highway developers to collect toll for a longer period. New Delhi, Feb. 11 The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved steps such as increasing the concession period and project cost for a highway project ...

SHIPPING/PORTS: Shipping Ministry for setting up Rs 10,000-cr fund to finance buys
Kolkata, Feb. 11 The Ministry of Shipping is in favour of setting up a Central fund to the tune of Rs 10,000 crore (nearly $2.5 billion) by the Centre to finance buying of ships, according to Mr S. Hazara, President of the Indian National ...

RAILWAYS: TN proposes railway link between Irungattukottai and Guduvancherry
Chennai, Feb. 11 A new rail route connecting industrial belts between Irungattukottai and Guduvancherry to the southern trunk line has been proposed by the Tamil Nadu ...

AIRLINES: Jet Air, JetLite put out apex fares
Jet Airways and its subsidiary JetLite announced 30-day APEX fares on Wednesday starting from Rs 300 and Re 1 respectively, on several key domestic routes, said a statement. These fares do not include applicable taxes and surcharges. These ...

AIRLINES: Jet Airways not in favour of change in aviation FDI policy
New Delhi, Feb. 11 Jet Airways feels there is no need for any change in foreign investment norms in the aviation sector, a proposal which is currently being examined by the ...

ROADWAYS: APSRTC to deploy Volvo buses
Hyderabad, Feb. 11 After capturing the imagination of city commuters in Bangalore, Chennai, Pune and Mysore, Volvo City Buses were today pressed into service in Hyderabad city in association with the Andhra Pradesh State Road ...

AIRLINES: Boeing sees upturn in Indian aviation in Q4
Aircraft maker, Boeing on Wednesday said that it expects the airline sector in India to start turning around during the fourth quarter of ...

AIRLINES: Sweden’s Saab open to tech transfer
Swedish military aircraft manufacturer Saab has said that it was willing to transfer technology to Indian companies, which will eventually enable them to make the next generation multi-role fighter aircraft Gripen in ...

SHIPPING/PORTS: Vizhinjam: Kerala Govt to act on SC verdict
Thiruvananthapuram, Feb. 11 The Kerala Government will take further steps in accordance with the Supreme Court ruling on the case relating to the tender process for the proposed international container trans-shipment terminal at Vizhinjam, ...

TRANSPORT: All-new look
...

AIRLINES: BEL ties up with SELEX, Astra
Bangalore, Feb. 11 Bharat Electronics Ltd (BEL) announced that it has signed preliminary collaborative agreements with two companies — Astra Microwave Products of Hyderabad and SELEX Galileo ...

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Markets (Feb 11)

Nifty (at close)	2,925.70(-8.80)
US Dollar (Buy/Sell)	48.68/70
Brent crude (a bbl) Rs	2,244
Gold (a gram) Rs	1,334
Silver (a kg) Rs	22,440

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In Focus
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Looking back
Feb. 1-Feb. 7
E-procurement: Rlys processes 3,712 tenders in 5 months

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