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AIRLINES: Aviation risk premium rates increase by 50%
Fallout of reinsurance rate hikes since July. Bangalore, Aug. 5 For the beleaguered Indian aviation industry, there is one more difficulty to contend with — the hardening of aviation risk premiums. The rates are up 50 ...

SHIPPING/PORTS: ABG Ports’ venture to begin transloading at Sandheads from Oct
Venture bidding for berths in other ports. Kolkata, Aug. 5 ABG-LDA Bulk Handling Pvt Ltd, a joint venture between ABG Ports Pvt Ltd, India, and Louis Dreyfus Armateurs, SAS, France, proposes to start from October transloading operation at ...

PEOPLE: New HAL director
Mr P. Soundara Rajan has taken charge as Hindustan Aeronautics Ltd’s new Director, Corporate Planning & Marketing. He will spearhead activities in planning, marketing, customer services, quality, projects, management services ...

TRADE & LABOUR UNIONS: NMPT strike: Conciliatory talks remain inconclusive
Mangalore, Aug. 5 The day-long conciliatory meeting on Wednesday, convened by the Assistant Labour Commissioner (ALC) to find a solution to the ongoing strike by the registered cargo handling workers at New Mangalore Port Trust (NMPT), ...

RAILWAYS: Rlys launches 2 women’s special trains for Mumbai, Delhi
Citing it as a ‘Raksha Bandhan’ gift to the women of Delhi and Mumbai, the Railways on Wednesday announced the launch of two new trains, especially for women travellers, for both ...

SHIPPING/PORTS: Record throughput at KDS
Kolkata, Aug. 5 In July, Kolkata Dock System (KDS) of Kolkata Port Trust (KoPT) handled 34,287 TEUs, a record monthly container throughput surpassing the previous best of 33,219 TEUs in June 2009, according to a press release issued by ...

SUPPLY CHAIN MANAGEMENT: Maersk team at container terminal
A delegation from Maersk visited Visakha Container Terminal on Wednesday to familiarise itself with the conditions and facilities, according to a press release. The release added that the container terminal, with a natural draft of 15 meters, ...





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Markets (Aug 5)
Nifty (at close)4,694.15(+13.65)
US Dollar (Buy/Sell)47.60/61
Brent crude (a bbl) Rs3,530
Gold (a gram) Rs1,389
Silver (a kg) Rs24,510

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In Focus
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Weak monsoon boosts cement sales in July

Rlys launches 2 women’s special trains for Mumbai, Delhi

Cybercafes chase growth in non-metros

23% fall in engg exports

Tea output increases 12% in June

Aviation risk premium rates increase by 50%

Scrap sales, slow fabrication demand may curb gold rally

Starting businesses in India easier now: IFC report

Looking back
Jul. 26-Aug. 1
Petronet to invest Rs 14,500 cr for projects in LNG terminal

Gammon may lose projects along with reputation

Over 500 Air India recruits await appointment letters

Private airlines post combined loss of Rs 2,400 cr in 2007-08



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