Adani Group to invest Rs 42,768 Crore in Tamil Nadu
CHENNAI : The multi-business Adani Group has decided to invest a whopping Rs 42,768 crore in Tamil Nadu in renewable energy, cement manufacturing, data centre, city gas distribution
Adani Ports top brass reshuffle: Karan Adani elevated as Managing Director
AHMEDABAD : Adani Ports and SEZ, the ports and logistics arm of the Adani Group, on January 3 announced a reshuffle in its top brass, with the company’s
Allcargo Logistics plans to cut costs by $30 million in FY24 amid global slowdown
MUMBAI : Allcargo Logistics aims to cut costs by $30 million (about Rs.250Cr) by the end of 2023-24, amidst the ongoing slowdown in the global logistics sector. The
AD Ports to invest $200 million in new Red Sea port terminal
ABU DHABI : AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop and operate a new multi-purpose terminal at Safaga
AM/NS India signs ₹16,000-cr investment deal with Gujarat Govt
GANDHINAGAR : Steel-manufacturer ArcelorMittal Nippon Steel India Ltd (AM/NS India) has signed Memorandum of Understanding worth ₹16,000 crore with the Gujarat government. The agreements include an investment for the
MPA sets new Asian record of handling highest cargo in a day
GOA : Mormugao Port Authority (MPA) on Wednesday created a new Asian record of handling highest quantity of cargo per day and surpassed its previous record. MPA Dy
BLR Logistiks expands Fleet to include Reefer Containers Ventures into Cold Storage Transportation
MUMBAI : BLR Logistiks, India’s leading integrated 3PL logistics company, announces the latest addition to its fleet with the incorporation of state-of-the-art reefer containers. This strategic move marks
Shipnext and FONASBA partner to raise standards in online shipping
ANTWERP : Leading online cargo platform Shipnext and The Federation of National Associations of Ship Brokers and Agents (FONASBA) have signed a partnership agreement with the aim of building a
Damietta Alliance Container Terminal: Final Financing Contract signed
CAIRO: The Damietta Alliance Container Terminal (DACT) has signed the final financing contract for its state-of-the-art container terminal in Damietta, Egypt. The financing consortium comprises international development banks
CONCOR and Schenker India Private Limited (DB Schenker) sign MoU for sustainable supply chain practi
NEW DELHI : In a significant development for the logistics industry, Container Corporation of India Limited (CONCOR) and Schenker India Private Limited (DB Schenker) have inked a Memorandum of Understanding (MoU) to