JM Baxi is planning upto Rs 2,500 Crore IPO
MUMBAI : Mumbai-based logistics firm JM Baxi Group plans to raise ₹2,000-2,500 crore through an initial public offering, people aware of the development said JM Baxi, backed by
APM Terminals Pipavav becomes first Indian Port to connect with Western Dedicated Freight Corridor
PIPAVAV : APM Terminals Pipavav becomes the first Indian port to connect with the Western Dedicated Freight Corridor (DFC). The port achieves this milestone with the completion of
Vanijya Saptah a huge success which needs to be Institutionalised: President, FIEO
NEW DELHI : Speaking at the conclusion of the Vanijya Saptah, Shri Piyush Goyal, Hon’ble Commerce & Industry Minister said that the weeklong celebration and business has rejuvenated
All outdated importer-exporter code to be de-activated from Oct 6
NEW DELHI : The Importer -Exporter Code is a key business identification number that is mandatory for exports or imports and no person shall make any import or
A.P. Moller – Maersk to divest its container manufacturer to CIMC
China International Marine Containers Ltd., a global leader in logistics and energy equipment, will acquire the A.P. Moller – Maersk owned Maersk Container Industry, a leading manufacturer of
P L Haranadh (IRTS) appoints as new Chairman of Paradip Port Trust
BHUBANESHWAR : The Union Cabinet’s Appointments Committee has appointed Polamraju Lakshmi Haranadh, IRTS (1994) as the new Chairman of the Paradip Port Trust. The appointment has been done
Balmer Lawrie is planning to expand in Bengal
KOLKATA : Diversified public sector enterprise Balmer Lawrie plans to expand in Bengal. The company plans to scale up its warehousing capacity at its existing facility on Hyde
Allcargo is considering selling stake in ECU Worldwide unit
MUMBAI : Allcargo Logistics Ltd. considers selling a stake in its container shipping firm ECU Worldwide. ECU Worldwide is a prominent international cargo and air freight logistics company
Hapag-Lloyd Invests in Container and Rail Terminals at JadeWeserPort
HAMBURG : Hapag-Lloyd, German liner company is going to invest in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port. Hapag-Lloyd will acquire a 30% stake
Cosco Shipping Lines upgrades its reefer fleet
TAIWAN : Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems enable