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Thursday, May 21, 2009
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TELECOMMUNICATIONS: Paramount to allow mobile use
TALK ON THE FLY. New Delhi, May 20 From September, passengers flying with Paramount Airways should be able to use their mobile phones while ...

FINANCIAL PERFORMANCE: Mercator posts 15% rise in net
Long-term contracts have helped Mercator Lines post a 14.9 per cent increase in net profit for 2008-09 despite the collapse in the dry bulk shipping market last year. Net profit for the year ending March 31, 2009 was up at Rs 376.45 crore from ...

SHIPPING/PORTS: Kochi port ventures into project cargo handling
Kochi, May 20 The Cochin Port Trust has ventured into the new and promising area of project cargo handling as it handled the biggest ever package weighing 725 tonnes on Wednesday. The consignment is a reactor imported by BPCL–KR for ...

RAILWAYS: Texmaco bags 3,455 wagon orders from Railways
Kolkata, May 20 Texmaco turned out to be the largest winner of rolling stock orders from the Indian Railways in ...

MERGERS & ACQUISITIONS: National Aviation Co plans to recast key committees
National Aviation Company of India (NACIL) had a board meeting on Wednesday to review the workings of several internal committees set up after the merger of Air India and Indian ...

FINANCIAL PERFORMANCE: Mundra Port: Robust cargo volumes aid profit growth
BL Research Bureau Growth in cargo volumes and a healthy cargo mix suggest that the marginal decline in Mundra Port and SEZ’s revenues for the quarter ended March 2009 (compared to a year-ago number) may not be much cause ...





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Markets (May 20)
Nifty (at close)4,270.30(-48.15)
US Dollar (Buy/Sell)47.47/48
Brent crude (a bbl) Rs2,854
Gold (a gram) Rs1,333
Silver (a kg) Rs23,245

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In Focus
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Mandate 2009

Who is hiring?

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A big market opens up in the Indian ocean

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Looking back
May. 10-May. 16
Shipping: Fighting strong currents

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Air India losses pile up to Rs 4,000 cr in 2008-09

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