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 global private equity fund Bain Capital,
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 high-rise overhead electrification of the port
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 the exporters across the length and
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 export except under an IEC number
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 refrigerated containers. This finalizes Maersk’s strategic
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 for a tenure up to his superannuation
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 Road in Calcutta. The miniratna PSU
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 present in around 180 countries with
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 in Container Terminal Wilhelmshaven (CTW) and
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 perishable shipments to travel further while
