The Hindu Business Line : Tuesday, August 05, 2008

LOGISTICS

AIRLINES: MCX hopes airlines will use its ATF futures
Domestic cos may use ATF futures as a hedging option. Chennai, Aug 4 With aviation turbine fuel (ATF) futures clocking a turnover of Rs 524 crore in July, the Mumbai-based Multi Commodity Exchange hopes that domestic airlines will use the ...

INFRASTRUCTURE: RITES to study commercial viability of 32 non-operational airports
AAI asks for detailed report within 10 weeks after assessment. Kolkata, Aug. 4 The Airports Authority of India (AAI) has taken up the development of 32 non-operational airports across the country for commercial use. The Rail India Technical ...

AIRLINES: IT cos hope to ride out aviation turbulence
‘Airlines need tech for cost savings, safety issues’. Indian IT firms say that despite turbulent times for the global aviation sector, their airline clients are only changing priorities on technology investments and are not cutting ...

RAILWAYS: AP Cabinet approves Nava Bharat-Maytas bid
Hyderabad Metro rail project developer. Hyderabad, Aug. 4 The Andhra Pradesh Cabinet has approved the Nava Bharat-Maytas consortium as the BOT (build-operate-transfer) developer for the Hyderabad Metro Rail ...

SHIPPING/PORTS: First ship, with coal from Indonesia, calls at Gangavaram
Brings 53,969 tonnes non-coking coal for MahaGenco’s thermal plant. Visakhapatnam, Aug. 4 The first ship, carrying 53,969 tonnes of non-coking coal from Indonesia, arrived at the newly-constructed Gangavaram port near here on Monday ...

AIRLINES: Air India may withdraw service to Los Angeles, Seoul
Plans to upgrade flights to Tokyo. New Delhi, Aug 4 Low passenger loads are forcing Air India to rejig its international operations. ...

SHIPPING/PORTS: `LNG plan at NMP still on cards'
The Oil and Natural Gas Corporation (ONGC) has assured the Karnataka Government that it is keen to work on the establishment of an LNG (liquefied natural gas) terminal at New Mangalore ...

SHIPPING/PORTS: NMPT registers 59 % growth in box traffic
The New Mangalore Port Trust (NMPT) has registered a growth of 59.61 per cent in container handling in the first four months of the current fiscal. ...

SHIPPING/PORTS: NSB meeting at Paradip
Paradip Port Trust is to host the next meeting of the National Shipping Board to be held at Paradip on August ...

VENTURE CAPITAL: Tuscan Ventures picks up 12.45% stake in LCL Logistix
Kolkata, Aug. 4 Tuscan Ventures, an investment company focused on making private equity placements in existing organisations as well as greenfield projects, has concluded an investment in LCL Logistix Pvt Ltd (formerly LCL Agencies Pvt Ltd), ...

AIRLINES: SIA to operate 2 flights daily between Delhi and Singapore
New Delhi, Aug. 4 Singapore Airlines (SIA) is to operate two flights a day between Delhi and Singapore from September 1. The airline, at present, operates nine weekly flights on the ...

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Markets (Aug 05)

Nifty (at close)	4502.85(+107.50)
US Dollar (Buy/Sell)	42.28/30
Brent crude (per bbl) Rs	5,062
Gold (per gram) Rs	1,129
Silver (per gram) Rs	25.25

Ports

Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

Other Top Stories
MCX hopes airlines will use its ATF futures

Malls beef up security in the wake of terror threats

Pvt equity firms see healthy future in regional hospitals

Murdoch keen on regional channels

Shrimp case: WTO panel adopts ruling in favour of India, Thailand

eGoM to review ban on non-basmati rice

IT cos hope to ride out aviation turbulence

Air India may withdraw service to Los Angeles, Seoul

Government solvency beats market irrationality

Looking back
Jul. 27-Aug. 2
Students catch eye of travel agents, airlines

Garware Offshore to buy 5 ships for $100 m