Ticker	Volume	Price	Price Delta
DJIA	15,335.30	-19.12	-0.12%
S&P 500	1,666.29	-1.18	-0.07%
Nasdaq	3,496.43	-2.53	-0.07%

Ticker

Volume

Price

Price Delta

DJIA

15,335.30

-19.12

-0.12%

S&P 500

1,666.29

-1.18

-0.07%

Nasdaq

3,496.43

-2.53

-0.07%

Ticker	Volume	Price	Price Delta
STOXX 50	2,824.50	+6.51	0.23%
FTSE 100	6,755.63	+32.57	0.48%
DAX	8,455.83	+57.83	0.69%

Ticker

Volume

Price

Price Delta

STOXX 50

2,824.50

+6.51

0.23%

FTSE 100

6,755.63

+32.57

0.48%

DAX

8,455.83

+57.83

0.69%

Ticker	Volume	Price	Price Delta
Nikkei	15,344.30	-16.50	-0.11%
Hang Seng	23,493.00	+410.35	1.78%
S&P/ASX 200	5,174.70	-34.34	-0.66%

Ticker

Volume

Price

Price Delta

Nikkei

15,344.30

-16.50

-0.11%

Hang Seng

23,493.00

+410.35

1.78%

S&P/ASX 200

5,174.70

-34.34

-0.66%

Chennai Port Rejects Mundra Bid for Container Terminal Contract

By Ganesh Nagarajan - 2011-12-31T06:38:07Z

Chennai Port Trust said it rejected a bid of 37 billion rupees ($697 million) from billionaire Gautam Adani’s Mundra Port and Special Economic Zone Ltd. to build a container terminal. (MSEZ)

“We rejected it because the royalty offered was very low,” Chennai Port Trust Chairman Atulya Misra said by phone today.

The bid was the only one received for the contract to build by 2018 India’s first deep-water terminal capable of handling container ships of 400 meters in length, according to the port’s website.

Ahmedabad-based Mundra Port is 77 percent owned by Adani Enterprises Ltd. (ADE), India’s biggest coal importer, and won a long- term lease in May to operate Australia’s Abbot Point terminal.

To contact the reporter on this story: Ganesh Nagarajan in Chennai at gnagarajan1@bloomberg.net

To contact the editor responsible for this story: Paul Tighe at ptighe@bloomberg.net

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