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LOGISTICS

OVERSEAS INVESTMENTS: TVS Logistics acquires UK’s Multipart Holding
Will invest Rs 125 crore to expand business. Chennai, Nov. 11 TVS Logistics Services Ltd has acquired a Rs 500-crore logistics solutions provider in the UK, Multipart Holding, , in the process increasing the company’s turnover to about Rs ...

RAILWAYS: Delhi Metro raises fares; all set to start Noida service
New Delhi, Nov. 11 Commuters in the National Capital region have a mix of good and bad news. The good news is that the Delhi Metro Rail network is all set to start its service to Noida, a satellite town of Delhi. The bad news is Delhi Metro ...

REGULATORY BODIES & RULINGS: DGCA issues show-cause notices to three airlines
Violations of directions on wet runway operations at Mumbai airport. Mumbai, Nov. 11 The Directorate-General of Civil Aviation (DGCA) has issued show-cause notices to three airlines on Wednesday for alleged violations of its directions regarding ...

INFRASTRUCTURE: 1,000-acre aerospace zone planned near Devanahalli airport
A 1,000-acre aerospace ‘park’ will be developed near the international airport at Devanahalli and land has been acquired by the State agency Karnataka Industrial Areas Development Board, according to a senior government ...

SHIPPING/PORTS: ABG, Mundra Port bid for Mumbai port project
Mumbai, Nov. 11 ABG Infralogistics and Mundra Port have submitted bids for revamping two dry bulk berths and three conventional cargo terminals at the ...

SUPPLY CHAIN MANAGEMENT: Concor domestic traffic up 17% in April-Oct
Kolkata, Nov. 11 If the present trend in domestic traffic growth persists, Concor may end the current fiscal with an average domestic traffic growth of 17-18 per cent. For exim traffic, it is yet to see light at the end of ...





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Markets (Nov 11)
Nifty (at close)5,003.95 (+122.25)
US Dollar (Buy/Sell)46.30/31
Brent crude (a bbl) Rs3,594
Gold (a gram) Rs1,580
Silver (a kg) Rs28,395

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