High shipping rates due to demand/supply disruption in container business: Gujarat Pipavav Port
PIPAVAV : Gujarat Pipavav reported its earnings for the June-ended quarter. Jakob Friis Sorensen, MD, Gujarat Pipavav Port discussed the earnings fineprint and outlook. The container business is looking good but he believes there
Focus is on infra development and overhauling business processes: Minister
‘Goal is to achieve holistic and sustainable development by converging resources’ VIJAYWADA : Minister for Industries and Information Technology Mekapati Goutham Reddy has said that the State government is investing in the development of
Coming US infrastructure bill promises port-funding splurge
US ports and inland waterways are on track to receive at least $11.8 billion in new federal funding over the next five years through a $1 trillion infrastructure bill Congress aims to finalize over
Gati appoints Pirojshaw Sarkari (Phil),former Chief of Mahindra Logistics, as CEO
MUMBAI : Gati Ltd, an Allcargo group company and a premier express logistics and supply chain solutions providers, has announced the appointment of Pirojshaw Sarkari (Phil) as its CEO. A Chartered Accountant by profession,
AP Cabinet gives final nod for govt stake sale in Gangavaram Port to Adani for ₹120/share
MUMBAI : The Andhra Pradesh Cabinet, led by YS Jagan Mohan Reddy, has approved the sale of the State government’s 10.4 per cent stake in Gangavaram Port Ltd (GPL) to Adani Ports and Special
Big rush to set up shop at GIFT city: Deutsche Bank, Citigroup, Zerodha among 24+ applicants
GANDHINAGAR : Nearly two dozen financial institutions including Deutsche Bank, Citigroup, Nippon Life India and Zerodha are set to open shop at GIFT City even as banking transactions at the country’s first International Financial Services Centre
Improving India’s logistics sector calls for joint effort
MUMBAI : The draft logistic policy has set ambitious targets. The Central/State govts and the logistics operators have a role to play in achieving them It would be an understatement to stress that the
PM steps in to launch national mission to meet $400 billion export target
NEW DELHI : Prime Minister Shri Narendra Modi on Friday will launch a national effort to achieve the target of $400 billion worth merchandise exports in the current fiscal. India has met nearly a third of its annual