Foreign Companies can open bank account without PAN in GIFT City
GANDHINAGAR : The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60
DGFT puts new import registration regime in place for laptops, tablets from November 1
NEW DELHI : The Directorate General of Foreign Trade (DGFT) is gearing up to activate its import management system for registration of laptops, computers, and tablets from November 1,
iThink Logistics and India Post unite to boost e-commerce deliveries across the deepest parts of the
MUMBAI : iThink Logistics, a top name in advanced logistics technology and one of India’s leading shipping platforms has joined hands with India Post, the country’s premier postal
Ong Kim Pong appoints as the new CEO of PSA
SINGAPORE : PSA International is getting a new Chief Executive Officer next year with the appointment of Ong Kim Pong. In line with succession plans, Ong Kim Pong
DP World raises $1.5 billion for decarbonization
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing
Maersk signs deal with Starlink for its Ocean fleet
COPENHAGEN : A.P. Moller – Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by SpaceX.
DPIIT revises white goods PLI scheme : Beneficiary must get cost certificate for sales
NEW DELHI : The government has revised the guidelines for the Rs 6,238 crore production-linked incentive scheme (PLI) for white goods as per which the companies selected under the programme
Two Railway Companies-IRCON International Ltd. and RITES Ltd have been granted “Navratna”
NEW DELHI : IRCON International Ltd. and RITES Ltd. informed the exhcanges on Thursday, October 12, that they have been granted the “Navratna” status by the Government of
Export-import through Benapole suspended over truck driver’s death in India
DHAKA : Exports and imports between Bangladesh and India through Jashore’s Benapole landport have remained suspended since Thursday morning due to a barrier by India’s Border Security Force
Carriers and forwarders to lose mark-up on THC collection in Dubai
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections.