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Wednesday, June 24, 2009
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LOGISTICS

MERGERS & ACQUISITIONS: Bharati Shipyard, ABG battle for Great Offshore
Rs 403 block deal by Bharati sets new floor. Mumbai, June 23 Bharati Shipyard’s bid to wrest control of Great Offshore Ltd took a new turn on Tuesday with ABG Shipyard, a rival company, making a counter offer to the shareholders of the ...

SUPPLY CHAIN MANAGEMENT: Concor Q1 domestic traffic growth likely to be 14%
Improvement in availability of rakes. Container Corporation of India’s domestic traffic is showing a healthy growth while the international traffic is dwindling largely due to the recession in many developed ...

AIRLINES: Mumbai airport all set to take on the monsoon
ACTION STATIONS. Mumbai, June 23 Preparations to tackle monsoon snarls at the Mumbai airport are in full swing. Standard procedures have been complied with and steps have been taken to minimise the impact of emergency ...

INFRASTRUCTURE: Bid to expedite MMTS Phase-II
The Chief Minister, Dr Y.S. Rajasekhara Reddy, today directed officials to expedite the Rs 614 crore Multi-Mode Transit System (MMTS) Phase II that seeks to link three more dense ...

TRADE & LABOUR UNIONS: Strike affects work at Haldia dock
Kolkata, June 23 Operations at Haldia dock have remained suspended for the past few days following a cease-work by a section of contractors’ workers demanding higher wages and more ...

PEOPLE: New MD for DP World sub-continent
Kochi, Jun 23 DP World Group has announced that Capt Anil Singh will take over as Managing Director of the DP World Subcontinent Region. Capt Singh takes over from Mr Ganesh Raj, who, after his three-year assignment as the Managing Director ...

SHIPPING/PORTS: Paradip port may buy reclaimers
...





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Markets (June 23)
Nifty (at close)4,247.00 (+11.75)
US Dollar (Buy/Sell)48.56/57
Brent crude (a bbl) Rs3,180
Gold (a gram) Rs1,348
Silver (a kg) Rs22,360

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Looking back
Jun. 14-Jun. 20
NHAI changes land acquisition norms for awarding projects



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