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SHIPPING/PORTS: Blueprint for five small ports being readied: Vijayakumar
The State Government is preparing a blueprint for developing five small ports across the Kerala coast, in addition to the deepwater container transhipment terminal at Vizhinjam, which is now being put through the ...

SHIPPING/PORTS: Ship with raw cashew from E. Africa reaches New Mangalore
Cut in shipment time, boon to processing units. Direct sailing of raw cashew nut from East Africa began to the processing units in Karnataka for the current financial year with the calling of a mainline container vessel at the New Mangalore Port ...

AIRLINES: IATA supports Govt aid for Air India
Will provide airline opportunity to compete. The Geneva-based International Air Transport Association (IATA) has supported the Government's decision to pump in funds into Air India. The Government plans to infuse Rs 800 crore as equity into the ...

SHIPPING/PORTS: Jaigad port set to get Rs 100-cr ship lift
The Jaigad port in Ratnagiri, being developed by Chowgule Ports and Infrastructure, is set to get a Rs 100-crore jack up lift to cater to dry-docking of ships. It will be the first ship lift to be installed at a private port in ...

RAILWAYS: KEC hopes to bag first Rly infra project next month
KEC International, part of the Rs 15,000-crore RPG Group, expects to bag its first composite railway infrastructure development project next month, which would mark the company's foray into a new ...

SHIPPING/PORTS: Korean shipping major hikes rate
Hyundai Merchant Marine, the Korean shipping giant, has announced a rate increase on its China-India trade. Effective December 24, the increase will be $100 a TEU on all shipments from China to India, according to the shipping ...

AIRLINES: Air travel up 5.4% this year
Demand for air travel picked up by 5.45 per cent between January and November, compared to the 11-month period last year, according to passenger traffic data released by the Directorate General of Civil ...

AIRLINES: Pawan Hans gets nod for Dauphin copter purchase
The Cabinet Committee on Infrastructure on Wednesday approved the proposal for purchase of seven Dauphin AS-365 N3 helicopters by Pawan Hans Helicopters ...

SHIPPING/PORTS: LIC sells over 2% in Bharati Shipyard
Life Insurance Corporation said on Tuesday that it has sold 2.14 per cent of its stake in Bharati Shipyard Ltd through various ...






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Markets (Dec 16)
Nifty (at close)5,056.20(+23.15)
US Dollar (Buy/Sell)46.65/66
Brent crude (a bbl) Rs3,354
Gold (a gram) Rs1,594
Silver (a kg) Rs28,110

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In Focus
Nano - The People's Car

Mandate 2009

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Looking back
Dec. 6-Dec. 12
GIC may hike aviation reinsurance rates by 15%

Andhra Pradesh plans 13 minor ports by 2020

Equity infusion of Rs 800 cr into AI proposed

Shipowners happy as freight rates swell



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