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Welspun One Logistics Parks launches India’s first warehousing AIF for domestic investors

MUMBAI: Welspun One Logistics Parks, a pan-India integrated fund, development and asset management platform backed by the USD 2.7 billion Welspun Group, announced the...

India’s budget seen raising import duties by 5%-10% on dozens of items: Sources

NEW DELHI: India is considering hiking import duties by 5%- 10% on more than 50 items including smartphones, electronic components and appliances in the...

Privatisation force BPCL to halt work on ₹11,130-crore polyol plant in Kochi

The Bharat Petroleum Corporation (BPCL) has put on hold a planned specialty petrochemicals plant for producing polyols at its Kochi refinery in Kerala. This is...

Amazon India launches startup accelerator programme to boost exports

Amazon India on Tuesday launched Amazon Global Selling Propel (AGSP), its accelerator programme which will help early-stage consumer products startups go global. For the programme, Amazon has partnered...

Concor launches Container train service from Shalimar to JNPT

NAVI MUMBAI: Container Corporation of India Ltd (Concor) has introduced a container train service from its container terminal at Shalimar, to the Jawaharlal Nehru...

Hapag-Lloyd deploys extra-loader for easing disruptions in India

HAMBURG: The spike in demand coupled with limited vessel capacity has caused considerable disruption in the Indian market with customers needing dependable services. Hapag-Lloyd has...

Maersk CEO Søren Skou expects to make first CarbonNeutral ship order in 2023

Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as...

Union Minister Nitin Gadkari pitches for more R&D to identify Import substitutes

NAGPUR: Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries...

The SPIC that DPT is developing could be ideal for Tesla : DPT Chairman

AHMEDABAD: Jostling has started to host the assembling or production plant of Tesla Inc, after the Elon Musk-led electric car-maker opened a research and...

Indian crew members from China reaches Japan; First batch of crew to fly back tonight

MV Jag Anand, the Indian ship which was stranded at Chinese port of Jingtang has reached Japan on 18th January for crew change. Sufferings...

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