The Hindu Business Line : Wednesday, February 18, 2009

LOGISTICS

PERFORMANCE: Airlines post Rs 3,195-cr loss in 2007-08
New Delhi, Feb. 17 The five major domestic airlines have reported a combined loss of Rs 3,195.27 crore during 2007-08. The airlines which reported losses during the year are Air India, Kingfisher, Jet Airways, Go Air and low cost ...

SHIPPING/PORTS: Mahindra to make boats
Forms jt venture with Mumbai-based Ocean Blue. Mumbai, Feb 17 Mahindra & Mahindra, the tractor-to-software group, has entered boat manufacturing with an eye on tapping business potential of marine-based leisure ...

SHIPPING/PORTS: ‘Shipping sector needs protection from multinationals’
Share in domestic trade has fallen to 12% from 40%: SCI chief. The domestic shipping industry needs to be protected from the growing threat of multinationals through a measure similar to that of anti-dumping duty ...

SUPPLY CHAIN MANAGEMENT: High inland logistics cost makes Indian iron ore less competitive: KPMG
Chennai, Feb. 17 India will not likely to remain the most cost competitive source of iron ore. This is mainly because of inland logistics cost in India (specifically the Karnataka and Orissa regions) is five times that in Brazil and ...

RAILWAYS: IRSE's Indian chapter
...

SOFTWARE: Ramco solution for Yemen Airways
Yemen Airways has selected Ramco Systems’ maintenance and engineering software solution, which will support the airway’s M&E operations and aircraft fleet. Once implemented, the solution will improve the airway’s ...

SHIPPING/PORTS: Record maize shipments by Mangalore port
New Mangalore Port has registered a growth of 68.11 per cent in the handling of maize cargo during the current financial year. The port handled 54,467 tonnes of maize cargo till Monday against 32,400 tonnes in the corresponding period of ...

ALLIANCES & JOINT VENTURES: Rlys finds no takers for Madhepura loco venture
GE emerges sole bidder for Marhowra diesel loco unit. New Delhi, Feb. 17 Indian Railways has found no takers for its electric loco unit at Madhepura, which the Railways proposed to set up as a joint ...

SHIPPING/PORTS: SCI ties up with UAE co for new service
The Shipping Corporation of India (SCI), in partnership with Hull & Hatch Lines Ltd of UAE, has launched a new service, Red Sea – India Express Service (RIX), connecting India’s two west coast ports with Red Sea ports, ...

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Markets (Feb 17)

Nifty (at close)	2,770.50(-78.00)
US Dollar (Buy/Sell)	49.03/04
Brent crude (a bbl) Rs	2,060
Gold (a gram) Rs	1,386
Silver (a kg) Rs	23,490

Ports

In Focus
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International funds seem to be insulated better

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New pension system: Investment norms for private citizens soon

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Looking back
Feb. 8-Feb. 14
BEML bags order for 150 rail coaches from Bangalore Metro

‘Boeing will compensate for delays’

Honeywell to bid for IAF’s Jaguar upgrades

Boeing sees upturn in Indian aviation in Q4

Reduction in passenger fares, freight rates likely

Amber signal ahead

Pay panel award to cost Rlys Rs 13,600 cr