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Thursday, October 15, 2009
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LOGISTICS

SHIPPING/PORTS: Cabinet clears Rs 450 cr for infra work on Vizhinjam port
Fresh tenders to be floated for building terminal. The State Cabinet has approved Rs 450 crore for work on the ‘initial phase’ of the proposed Vizhinjam International Container Transshipment ...

AIRLINES: Air India targets cost cuts, higher revenue
Good response to ad for hiring new chief operating officer. Mumbai, Oct. 14 Air India is looking at reducing its costs by Rs 3,000 crore yearly and increasing revenues by Rs 2,000 crore, which could put it back on the recovery path over the next ...

RAILWAYS: Delhi Metro starts retailing toy train models
New Delhi, Oct. 14 To cater to the growing base of metro users and enthusiasts, Delhi Metro Rail Corporation (DMRC) has started selling a toy metro train model as a ...

SUPPLY CHAIN MANAGEMENT: India Post mulls foray into micro finance
Chennai, Oct. 14 The Department of Posts is mulling entry into micro finance. The idea is being discussed internally and is seen as being both profitable and aiding inclusive growth, according to Mr M.S. Ramanujan, Post-Master General, ...

RAILWAYS: Rly freight traffic up 6.45% in first half
New Delhi, Oct. 14 During the first half of the current fiscal, the Railways carried 427.82 million tonnes (mt) of freight traffic, registering a 6.45 per cent increase against the April-September 2008 period last ...

SHIPPING/PORTS: Slow and unsteady
A container vessel laden with export containers at Kochi port. The country’s exports continued to slide for the eleventh month in a row, in August, though the pace of decline slowed to settle just under 20 per cent. According to ...

ROADWAYS: New toll in Karnataka
...

SHIPPING/PORTS: Kolkata port seeks help as Hooghly depth drops
Kolkata, Oct. 14 The Kolkata Port Trust (KoPT) has sought urgent assistance from the Ministry of Shipping to overcome the crisis thrown up by the sudden drop in the navigable depth of the Hooghly River at Auckland, posing a threat to ...

AIRLINES: Ludhiana, Gorakhpur, Salem now on air map
New Delhi, Oct. 14 Air connectivity within the country is set to increase with the airline regulator approving services to Salem, Ludhiana and ...

SHIPPING/PORTS: Cochin Shipyard, FACT sign pact
...

RAILWAYS: Special Hubli-Kochuveli train
The Southern Railway will run special trains in the Hubli-Kochuveli-Hubli sector on October 20 and 22. According to the Railways, the 2777 A Hubli-Kochuveli Special will leave Hubli at 1.45 p.m. on October 20 to reach Kochuveli, a satellite ...

RAILWAYS: Asansol-Baidyanathdham train
...






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Markets (Oct 14)
Nifty (at close)5,118.20(+63.95)
US Dollar (Buy/Sell)46.13/14
Brent crude (a bbl) Rs3,360
Gold (a gram) Rs1,495
Silver (a kg) Rs28,680

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