ZIM Reports Record Financial Results for the Second Quarter of 2021
HAIFA, : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced today its consolidated results for the three and six months ended June 30, 2021. Generates Highest Ever Quarterly Net Income
APM Terminals, Navin Jindal Group among three bids for RNaval
MUMBAI : APM Terminals Management BV, Navin Jindal Group, and a consortium of Dubai’s GMS Inc and Turkey’s Besiktas Group have placed bids for Reliance Naval and Engineering Ltd (RNaval), the bankrupt shipyard earlier
Taliban takeover in Afghanistan to impact trade with India, says CAIT
NEW DELHI : The Taliban’s takeover of Afghanistan will impact bilateral trade relations with India, said Praveen Khandelwal, secretary general of the Confederation of All India Traders (CAIT). Afghan exports to India include dried
Citibank becomes first US bank to set up unit in IFSC at GIFT City
AHMEDABAD : Citibank, which is headquartered in the USA and has a strong international presence, on Monday received a license from the IFSC Authority to set up its banking unit at India’s first International
JSW Infrastructure to hire bankers for IPO : Arun Maheshwari , Joint MD and CEO
MUMBAI : JSW Infrastructure Ltd, the port unit of Sajjan Jindal-led JSW Group, has started the process of hiring investment bankers for an initial public offering of shares as it looks to raise capacity
A plan of Rs 100-trillion infrastructure to create jobs for ‘hundreds of thousands’: PM
NEW DELHI : The government will launch a Rs 100-trillion infrastructure plan that will beef up roads, ports, airports while providing jobs, said Prime Minister Shri Narendra Modi on Sunday 15th August, as he
BGMEA wants more shipping lines for timely export
DHAKA : Bangladesh Garment Manufacturers and Exporters Association (BGMEA) requested global apparel buyers to nominate more shipping liners and off-docks to facilitate timely shipment of export containers. BGMEA President Mr. Faruque Hassan made the
DBS Bank India partners with ODeX to provide hassle-free credit solutions to freight forwarders
MUMBAI : DBS Bank India announced that it has partnered with ODeX, one of India’s leading platforms to exchange shipping documents and facilitate payments, to introduce ODeX Pay Later Solutions powered by DBS. ODeX