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Glencore slump spoils commodity trader appetite for IPOs (PT Adaro Energy Tbk)

(Source: PT Adaro Energy Tbk) Unprecedented shareholder pressure over the past six months at listed commodities firms Noble and Glencore have taught their private rivals an unforgettable lesson - think...

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Lorry strike hits onion trading

HUBBALLI: Gabbur Cross, which serves as an entrance to Hubballi from Bengaluru, is usually bustling with loaded lorries. But the scenario has been different for the past five days. Now, cleaners and...

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Strike called off but trucks still stranded in Balasore

BALASORE: The truckers association on Monday evening called off its five-day strike demanding abolition of toll gates. However, it will take at least two more days before the over 4,000 trucks stranded...

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Passenger waiting halls opened

Two new passenger waiting halls for the passengers were inaugurated at Platform No 4 at the Salem Railway Junction here on Tuesday. V. Pannerselvam, MP, inaugurated the facility in the presence of...

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Goods movement begins

Goods movement began on Tuesday after the five-day-long lorry strike was withdrawn....

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Rs.40-crore goods shed likely

: The State is likely to get a Rs.40-crore railway goods shed as part of the mission to shore up revenue from this region through rail goods handling and loading. Nemom, Kochuveli and Kazhakuttam had...

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Transport of goods in maritime and railway modes increases significantly....

(Source: Statistics Portugal) Summary In national maritime ports there were increases of 3.3% in commercial vessels entered, 13.2% in dimension (GT) and 12.3% in tonnage of goods transported (+3.2%,...

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Traders ‘repair’ Sandaipet road

The city roads that were already in poor condition have turned worse due to the incessant rain in the past one week. Hence, movement of vehicles became a major issue as traders filled the potholes with...

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Rs. 2.80 crore fine levied on mill

In a major and bold administrative measure to check illegalrice trading in Kolar district, Deputy Commissioner K.V. Thrilokchandra has ordered a rice mill in Bangarpet to pay Rs. 2.80 crore as penalty...

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Senior AIADMK cadre living in penury gets grant

P. K. Muthusamy of R. Pudhupatty village near Rasipuram, a senior AIADMK cadre, had a pleasant surprise last week when three senior ministers visited him and handed over a cheque for Rs. 5 lakh. The...

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Harassment of employees unabated in NEKRTC: CITU

H.S. Manjunath, State general secretary of Centre of Indian Trade Unions (CITU), a platform of labour organisations, alleged that the harassment of employees in North East Karnataka Road Transport...

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Cottrel: Harvest an amazing production

We woke up to the roar of a corn picker in the field behind us one morning this week. What an amazing and quick production corn harvesting has become. I grew up at a time when having a four-row picker...

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Project to maintain 12,000HP locos to come up in Ajni

Nagpur: Buoyed by the successful maintenance of locos and transition of electric loco shed at Ajni, the Railway Board has offered another major facility and training centre to maintain 12,000 horse...

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readers' mail

Pulses turn pricey The rise in the price of pulses in the last one month has been unprecedented. While the most commonly used red gram has registered 130 per cent increase in price, other pulse...

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Sussex anthropologist wins funding for research on traders in China...

(Source: University of Sussex) While the world's media's attention is currently focused on President Xi Jinping's visit to the UK and the implications of this for the two countries' relations, a Sussex...

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Touts run the show, passengers pay the price

NASHIK: The tatkal scheme launched by the Indian Railways to convenience passengers during emergencies is not proving to be of much help to the residents of Nashik. With the railways dropping the...

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Transport strike ends with governmant assurance; onion prices steady due to...

NAGPUR: The transporters' strike ended on Monday after continuing for five days. Hectic parleys went on till late evening between union transport minister Nitin Gadkari and truck operators at New...

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Monumental neglect of historical sites

Many important structures are unprotected in Delhi Several havelis have been turned into workshops or warehouses Narrow bylanes of Nabi Karim in Delhi’s Paharganj area lack the grandeur that one may...

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F&O watch: Bulls are back, but don't expect any firework yet

NEW DELHI: Benchmark equity indices broke out of a narrow range on Monday and continued the momentum through Tuesday, pushing the Sensex above its crucial resistance level at 27,000 and Nifty above...

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Nepal FM admits problems with constitution, seeks India’s help with movement...

NEW DELHI: Oh his first foreign visit after taking charge, new Nepal foreign minister Kamal Thapa walked into the prevailing chill in India-Nepal relations but acknowledged that there were problems...

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Railway Budget 2015: Increase in freight rates may push up cement production...

The freight hike announced in the Railway Budget for 2015-16 is likely to drive up the prices of certain critical items such as cement, coal, steel, and iron ore. The increase in freight rates for...

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New Mangalore Port leaps ahead with Ro-Ro service launch

The New Mangalore Port, which launched the Ro-Ro (Roll-on/Roll-off) service on Tuesday, became the first port to introduce the service in India via sea. The Pure Car and Truck Carrier (PCTC) M V Maria...

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Duvvada-Gudur railway line to boost development of A.P.

The development of Andhra Pradesh is set to receive a big boost, with the Ministry of Railways sanctioning the long-awaited third line connecting Duvvada near Visakhapatnam with Gudur in Nellore...

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Head-load workers demand identity cards

Demanding identity cards and basic amenities at work place, good shed head load workers affiliated to CITU staged demonstration in...

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Inside Isis Inc: how oil fuels the jihadi terrorists

> Minutely managed, Isis' oil company actively recruits skilled workers, from engineers to trainers and managers. Estimates by local traders and engineers put crude production in Isis-held territory...

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Plea to take care this Labour Weekend

It will be a patchy Labour Weekend for much of the country, with motorists and trampers warned to take extra care. The combination of changeable weather and the Rugby World Cup has road safety...

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Five wagons of goods train derail in Trichy Junction

TRICHY: Five wagons of a goods train from Tuticorin to Kumbakonam derailed while entering the Trichy Junction railway station. The train, carrying urea from the SPIC factory was...

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New Mangalore Port becomes first major port to introduce Ro-Ro on Sea

MANGALURU: New Mangalore Port on Tuesday launched the first RO-RO (Roll-on/Roll-off) service on sea making it the first major port to introduce such a service in India. Pure Car and Truck Carrier M V...

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How Isis uses oil to fuel its jihad

On the outskirts of al-Omar oilfield in eastern Syria, with warplanes flying overhead, a line of trucks stretches for six kilometres. Some drivers wait for a month to fill up with crude. Falafel stalls...

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Drive against hoarding of essentials

PUNE: Foodgrain distribution officers (FDO) on Tuesday conducted surprise checks at the shops in the city's wholesale market, a day after chief minister Devendra Fadnavis instructed district officials...

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Transporters` strike affects freight traffic movement across India: ASSOCHAM

New Delhi, Oct 6 (ANI): ASSOCHAM urged the All India Motor Transport Congress (AIMTC) to call off their nationwide...

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Nepal's farmers continue fight for survival after deadly quake

KATMANDU: Five months after the devastating Nepal earthquake, agriculture-dependent communities in the region, sandwiched between destruction and the need to earn a livelihood, have yet to emerge from...

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Truckers strike soar vegetable prices in Allahabad

ALLAHABAD: The prices of vegetables soared between 25% and 30% due to ongoing strike of truck operators which entered fifth day on Monday. The vegetables and fruits from Bangalore, Nasik, Nagpur,...

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Parking space crunch plagues Chennai Beach station

Chennai: Chennai Beach station, one of the most busiest and confluence points for three long distance routes that connects commuters to the major trade and government offices in the city, is reeling...

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assengers want pre-paid autorickshaw booth at Tadiwala road end

PUNE: Regular passengers at the Pune railway station have demanded pre-paid autorickshaw booth at station's entry-exit point located at Tadiwala road. Passengers said that the administration needs to...

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One hack of a vehicle

Is it a motorbike? A rickshaw? A tractor? The jugaad is a bit of everything. The Supreme Court wants them off the roads, but patrons of these tributes to “rural engineering and innovation” say the...

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Oversize trucks line up to deliver big payloads to New York

WOODLAND PARK, N.J. (AP) - Here is an abridged list of really big things that crossed the George Washington Bridge in the past few weeks: A flatbed piled with backyard sheds bound for Long Island. A...

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Sway of the counterfeits

A CONTAINER allegedly unloading smuggled soap at a major retail chain in Karachi was recently intercepted on the complaint of a multinational company. The details of the raid, the value of merchandise...

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Westfield should put Village parking fee on hiatus

With its “controlled parking” scheme now being enforced at the Village at Westfield Topanga, the potential for uncontrolled traffic chaos looms with the start of the holiday season just a few weeks...

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Pakistan 'deports' 72 stranded Indians

AMRITSAR: Pakistan on Monday 'deported' 72 stranded Indian passengers via Attari border following cancellation of the Samjhauta Express train owing to farmers' rail blockade in Punjab. According to...

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Sultan Bazaar shut down today

HYDERABAD: After three-year long wait for a solution, traders of the Sultan Bazar on Monday staged protest on the streets against the government and the Hyderabad Metro Rail (HMR) for their plans to...

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Weak earnings, outlooks send stocks down slightly

NEW YORK (AP) — U.S. stocks snapped a three-day winning streak on Tuesday as weak company earnings and outlooks weighed on the market. Major indexes wavered between small...

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JMC removes squatters from 3 markets in Walled City

JAIPUR: Before the festival season, the Jaipur Municipal Corporation (JMC) vigilance team swung into action and removed encroachments from three major markets in the Walled City area. On Tuesday, teams...

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Earnings to steer market this week: top 7 trading strategies

NEW DELHI: The benchmark equity indices ended the week with gains of over 3 per cent each, but the market is likely to turn volatile this week as September quarter earnings kick off. The S&P BSE...

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Don’t extend Palani-bound trains to Palghat: traders, parties

Even before the opening of Pollachi-Palghat section, representatives of political parties and members of various trade and other organisations urged the Southern Railways not to extend existing...

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Community craft fairs, bazaars mark start of 2015 holiday season in...

“We’re still trying to find one,” said little Lucia Padron, 7, as she quickly searched the stacks of pumpkins early on opening day at the Pumpkin Patch of Central Presbyterian Church. The annual event...

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Prices of daily commodities up

Gaighat, October 9 Prices of daily commodities in Udayapur has gone up dramatically with the hike in transport fare following fuel shortage due to the general strike in the Tarai. According to a local...

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Nilgiri Mountain Railway museum opened at Mettupalayam

COIMBATORE: Southern Railway general manager Vashishta Johri on Wednesday inaugurated a Nilgiri Mountain Railway museum at...

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Palakkad-Pollachi section restarts goods train service

COIMBATORE: Hauled by two engines, the 42-wagon goods train chugged past Pollachi on Sunday evening marking the resumption of the commercial train services on the Palakkad-Pollachi section after a gap...

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Nashik farmers rue higher freight charges

NASHIK: Banana growers in Bhusawal, who contributed to the Railway's earnings from parcels, are looking elsewhere because of policy change. Earnings from parcels have dropped by 25% due to the...

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