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Tuesday, May 12, 2009
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INFRASTRUCTURE: NHAI cancels single bid projects; to reinvite tenders
New Delhi, May 11 Another over Rs 8,000 crore worth of National Highway projects, totalling about 650 km, have been postponed. This is because the National Highways Authority of India (NHAI) has decided to cancel and re-invite bids for ...

SHIPPING/PORTS: Paradip port bullish on prospects of traffic growth
‘Will handle 100 mt of cargo by 2016-17’. Kolkata, May 11 Paradip port, according to its Chairman, Mr K. Raghuramaiah, will handle 100 million tonnes of cargo by ...

SOFTWARE: Four Soft solution for Netherlands co
Prime Cargo Netherlands BV, a Netherlands-based freight forwarding company, has decided to deploy 4S eTrans SME, an integrated freight forwarding solution, developed by Four Soft. The contract was executed through Four Soft Netherlands BV, ...

SHIPPING/PORTS: Caravel container vessel reaches Kochi port
Kochi, May 11 The coastal container shipping service introduced by Caravel Logistics connecting Kochi-Tuticorin-Mundra ports has arrived at Kochi Port with the vessel MV Reestborg bringing in 60 teus of cargo comprising tiles, salt and ...

AIRLINES: Paramount looking at going East
Kolkata, May 11 Paramount Airways is looking at launching services from Kolkata to various Eastern and North-Eastern destinations such as Bhubaneswar, Ranchi, Imphal, Dibrugarh, Silchar and Cooch Behar, said the Managing Director, Mr ...

TRADE & LABOUR UNIONS: Port workers threaten to go on strike
New Delhi, May 11 The port workers federations have threatened to go on strike if the major Port Trusts were implement the decision of National Industrial Tribunal, Kolkata, on the new manning scale and deployment of workers in ...

BRANDS: Mera World retail brand in Bangalore
RPG Enterprises, which has launched Mera World, a leisure and entertainment retail brand in Bangalore, may opt to merge the existing Music World with its new ...

ACCIDENTS: International travellers to get higher compensation
New Delhi, May 11 The compensation that an international air traveller will receive in case of injury or death, destruction or loss of baggage and cargo as also for loss caused by delay in international carriage of passenger, baggage and ...

SHIPPING/PORTS: Gangavaram port gets wave rider buoy
Visakhapatnam, May 11 A sophisticated instrument called wave rider buoy, costing Rs 1 crore, was installed at Gangavaram port on Monday to detect disturbances in waves in the deep sea which indicate impending disasters such as tsunamis, ...





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Markets (May 11)
Nifty (at close)3554.60(-66.10)
US Dollar (Buy/Sell)49.50/52
Brent crude (a bbl) Rs2,843
Gold (a gram) Rs1,359
Silver (a kg) Rs23,760

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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

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Lanka Tamils’ issue dominates TN campaign

New life insurance cos play safe with large-caps

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International travellers to get higher compensation

IPL-2 ratings remain flat

Flu drug: Pharma cos asked to report daily stock

Looking back
May. 3-May. 9
Deccan Express Logistics service launched

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