AHMEDABAD : Adani Ports and SEZ Ltd has said it will not seek US funding for the Colombo Port’s West International Terminal project in Sri Lanka and will use its own resources to fund
AHMEDABAD : Adani Group of companies appears “most attractive” among other Indian corporates, according to Nomura, as the latter remain comparatively expensive. The ports-to-power conglomerate will also be able to withstand recent turmoil brought
CHENNAI : US-based private equity firm Blackstone Group has acquired nearly 5 million sq ft operational and leased warehousing assets from logistics company LOGOS India for more than Rs 1,725 crore, said people with direct knowledge of the
NEW DELHI : Shiprocket, India’s leading eCommerce enablement platform, announced the appointment of Vivek Sharma as Vice President of International Shipping. With over 35 years of extensive experience in international logistics, Vivek brings expertise
NEW DELHI : Negotiations for a comprehensive economic partnership between India and Oman have reached a critical juncture, with complex trade dynamics and geopolitical considerations complicating the proposed Free Trade Agreement (FTA). While talks
VISAKHAPATNAM : Andhra Pradesh Food and Civil Supplies Department has seized 483 tonnes of rice meant for Public Distribution System (PDS) from the Visakhapatnam Port. The rice was seized from the Container Freight Station in
DHAKA : Following reports of Bangladesh importing sugar from Pakistan, the country is now exploring additional sources for potatoes and onions, including the possibility of procuring them from Pakistan. This move is part of
SINGAPORE : Ocean Network Express (ONE) has announced the new Indian Ocean Express service (IOX). This new service connects India, Sri Lanka and Pakistan with the North Europe region offering customers expanded service coverage
TOKYO : MOL Plus, the CVC unit of Mitsui O.S.K. Lines, a Japanese international shipping and logistics company, has expanded its operations by opening an office in India. This is the CVC’s third overseas
NEW DELHI : LTS Global Solutions expands Global Footprint with New India Hub. The company’s new office will act as a central hub for its operations within the subcontinent, where it will provide logistics