Allcargo Gati raises Rs 169.28 crores, plans to expand biz
MUMBAI : Allcargo Gati Limited successfully raised Rs. 169.28 crores by way of issue of equity shares through a QIP (Qualified Institutional Placement) in accordance with the SEBI
Indian Railways’ freight revenue jumps 11.12% to Rs 14,798.11 crore in June
NEW DELHI : Indian Railways generated Rs 14,798.11 crore from freight in June, marking an 11.12% increase from Rs 13,316.81 crore earned in the same month last year.
Govt can decide of 5-7% stake sale in CONCOR after tepid response to strategic sale plan
NEW DELHI : The government of India is considering selling five to seven percent of the Container Corp of India (CONCOR) after plans for a strategic sale to privatise
SMP Kolkata invites solar project
KOLKATA : The Kolkata Port Trust has announced an invitation for bids for a 2 MW solar power project at the Haldia Dock Complex. This initiative, estimated to
NHAI takes proactive steps for effective Monsoon Management on National Highways
NEW DELHI : In order to address the issue of water logging on National Highways during the monsoon season, NHAI has taken various measures for flood preparedness and
Chennai air cargo export terminal shut, agents suffer
CHENNAI : The Chennai export cargo terminal (ACCMAA) gate was forced to shut by the CTO due to cargo overflow at the export shed, says Dinesh Krishnan, Regional
Electronics manufacturing industry in India will touch $300 billion by 2026-27
NOIDA : Atul Lall, MD of Dixon Technologies, believes the electronics manufacturing service (EMS) industry in India is expected to touch almost $300 billion by 2026-2027. Within the sector,
Use of Indian Ports under consideration for rerouting exports by Bangladesh
DHAKA : Bangladesh is set to make feasibility check on potential Indian Ports for rerouting exports to third countries in a change of traditional entrepots, with bilateral connectivity
Exports of Chinese rare earth metals to jump ahead of new regulations
BEIJING : Exports of rare earths in top producer China are likely to increase ahead of new regulations due to take effect on October 1, the state-backed research
US Economy faces recession risk in coming years, expert warns
WASHINGTON D.C. : The Great Recession of 2008-2009 left its scars unhealed, and the Covid-19 economic downturn dealt the US one more blow. Concerns regarding the instability of
