The Hindu Business Line : Saturday, February 28, 2009

LOGISTICS

INFRASTRUCTURE: Centre agrees to 30-km sea bridge off Bengal coast
Bridge to link Fraserganj in Sunderban and proposed deep-sea port. Kolkata, Feb. 27 The Union Government has in principle agreed to the proposal for construction of a 30-km bridge across the sea as a pre-requisite for the proposed deep-sea port ...

AIRLINES: GMR-HIAL, Malaysian co to set up MRO facility
Agreement signed for Rs 400-crore joint venture. Hyderabad, Feb. 27 The GMR group has signed an agreement with Malaysian Airlines to set up a Rs 400-crore Maintenance, Repair and Overhaul (MRO) facility at the Aerospace Park near the Rajiv ...

ROADWAYS: ITEL studying ways to improve toll revenues
Daily collection on OMR, Chennai is about Rs 5 lakh. Chennai, Feb. 27 IT Expressway Ltd (ITEL), that operates Old Mahabalipuram Road expressway along the IT corridor, is exploring various possibilities to increase its toll revenues and also ...

AIRLINES: Flying from Mumbai to cost more from April 1
Govt allows MIAL to levy development fee. Passengers flying from Mumbai will have to pay more from April 1 this year. This follows the Government accepting a proposal from Mumbai International Airport Ltd (MIAL) to levy a development fee of Rs ...

SHIPPING/PORTS: MMTC, Sical sign pact for iron ore loading terminal project
New Delhi, Feb 27 MMTC Ltd has signed a formal shareholders’ agreement with Sical Logistics Ltd and L&T Infrastructure Development Projects Ltd for setting up a permanent iron ore loading terminal project at Ennore Port ...

RAILWAYS: Bombardier Movia
...

RAILWAYS: W Rly records 27% growth in freight earnings
Mumbai, Feb. 27 Western Railway recorded a 27 per cent increase in freight earnings to Rs 3,493.2 crore till January 2009 against Rs 2,750.47 crore during same period last year. The loading also grew by 14.55 per cent to 41.18 million tonnes ...

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Markets (Feb 27)

Nifty (at close)	2,763.65(-22.00)
US Dollar (Buy/Sell)	51.10/12
Brent crude (a bbl) Rs	2,314
Gold (a gram) Rs	1,391
Silver (a kg) Rs	22,910

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