Business Daily from THE HINDU group of publications
Wednesday, December 19, 2007
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Markets (Dec. 18)
BSE Sensex19079.64 (-181.71)
S&P CNX Nifty5742.30 (-37.40)
US Dollar39.58 (+0.18)


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LOGISTICS

AIRLINES
Today's Pick: SpiceJet (Rs 69.30)
We recommend a buy in SpiceJet at current market price. From the weekly chart of SpiceJet, we note that it has been on a broad sideways consolidation between Rs 50 and Rs 65 since early June 2007. On December 17, the stock broke out of ... More

INFRASTRUCTURE
On the fast track
More

POLICY
Slew of private jet proposals cleared
More

SHIPPING
New shipping service to link India, Pak with China
Orient Overseas Container Line (OOCL) of Hong Kong and Yang Ming Line of Taiwan will launch from January 17 a new container shipping service to link India and Pakistan with China, according to shipping industry sources.The new service ... More

Chennai feeder operators may hike congestion surcharge
‘Difficult and unacceptable trading circumstances’ More

Ministry raises pitch for 20% shipbuilding subsidy
Calls for level playing field between domestic, export orders More

Keel laid for vessel at HSL
Visakhapatnam, Dec. 18 The keel for the fourth 30,000 DWT bulker for Good Earth Maritime Ltd (Chennai) was laid at Hindustan Shipyard Ltd (HSL) here on Tuesday. The vessel will be ready in a year’s time, according to a press ... More

HUMAN RESOURCES
‘Termination of probation for unsatisfactory work was not illegal’
Chennai, Dec. 18 An order of termination of service of a marine engineer on probation by the Tuticorin Port Trust as he was “considered unfit” for further retention was upheld by the Madurai Bench of the Madras High ... More

SUPPLY CHAIN MANAGEMENT
‘Efficient logistics, tech vital for growth of supply chain’
New Delhi, Dec 18 The unwillingness on the part of some States to allow direct marketing or private markets, over protection to existing marketing channels and trade, and movement restrictions on certain commodities, are some of the challenges ... More

EVENTS
Workshop on aviation education
More

RAILWAYS
Work on Chennai Metro Rail project to begin next year
‘Working of local bodies should improve for planned urbanisation’ More

‘High-speed coaches from BEML next year’
Bangalore, Dec. 18 Public sector BEML Ltd expects to start producing medium-speed rail coaches that can ‘fly’ at 200 km per hour from 2008-09.The medium-speed project will come up as a joint venture with a global major, ... More

OUTLOOK
Regulations for hybrid cars likely by next year
Regulations for homologation of hybrid cars in the country are likely to be put in place in the next one year. A committee, consisting of members from Ministry of Surface Transport, Ministry of Heavy Industries and top officials from companies ... More






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P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
IBM researchers develop ‘Solution Accelerators’

Fox News to provide content for Star’s mobile service

Sharp fall in global cloves output may push up prices

‘Textile industry facing competition from neighbours’

Indian Patent Office gets global recognition

Regulations for hybrid cars likely by next year

Looking back
Dec. 9-Dec. 15
New Rail board norms — Broadbasing iron ore loading points

Online ticketing sees rise in cyber crime

‘Scrapped Eurocopter bid makes no dent on HAL plans’

Ministry firming rules for commercial road sector

Maoist cloud over Chhattisgarh rail link initiative

ABG Shipyard to raise $200 m for expansion


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