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Measures announced to ease bottlenecks in Gulf bound container movementsThe government is taking steps to clear cargo backlogs at ports. Measures are being implemented to speed up container movement and reduce d...- Reserve Bank asks NBFCs to implement core financial services solution by Sep 2025In a circular, Reserve Bank of India (RBI) said it has been decided that NBFCs - Middle Layer and NBFCs - Upper Layer with 10 and more 'fix...
- No blanket extension of Companies Fresh Start Scheme: Ministry of Corporate AffairsAiming to improve corporate compliance, the ministry had launched the CFSS and amended the LLP Settlement Scheme in March last year, allowi...
- Compliance professionals seek extension for CFSS and LLP Settlement Scheme till MarchThe CFSS and LSS were introduced on April 1, 2020 for a period of six months offering a one-time opportunity to the defaulting companies an...
- Shipping minister Mansukh Mandaviya inaugurates 'Direct Port Entry Facility' at V.O. Chidambaranar port trustDPE is a scheme meant to reduce release time and cost in case of exports, under which export containers are allowed direct entry into the p...
- Govt extends deadline for CFSS, LLP schemes till the end of this yearThe MCA had introduced the schemes in March that provided companies and LLPs with an opportunity to make good on any delays in filings and ...
- Live bombs, war scrap lying in our container depotsThe auditor has raised concerns at the absence of rules for re-exporting of containers with hazardous waste that resulted in them lying und...
- CAG expresses concern over uncleared cargo containing hazardous materialIn a report tabled in Parliament Tuesday, the CAG has asked the revenue department to develop a reporting mechanism to independently monito...
- Warehousing companies part of JNPT's new planJNPT, which handled India's largest container cargo tonnage, currently has 33 CFS operators including Allcargo Logistics, Ameya Logistics, ...
- Buy Gateway Distriparks, target Rs 370 : UBSThere are multiple growth engines for Gateway Distriparks in the form of CFSs, container trains, and cold chains. Businesses benefit from m...
- Navkar Corporation shares surge 7% in stock market debutNavkar Corporation made a decent debut on Wednesday, with the stock surging over 7 per cent in trade over its issue price of Rs 155 on BSE.
- Concor plans 8 container freight stationsRs 1,000 crore of investment, is expected to ease congestion and improve turnaround time at seaports, helping exports and imports.
- Lack of integrated plan likely to leave Indian ports high and dryIndian ports despite their augmented capacities will continue to be left with existing problems of congestion and related issues of cargo e...
- Rail business to be key driver for Gateway DistriparksHigher realisations from CFS business and increasing share of high margin EXIM helped Gateway Distriparks to maintain its growth.
- 'There is sufficient CFS capacity in Nhava Sheva'Rizwan Soomar, MD, Maersk Line (India cluster), responds to a volley of questions from ETSL on the group's CFSs and other related activitie...
- Nhava Sheva Customs' notification on LEO cargo irks exportersIt makes factory stuffed and export boxes go through CFSs before they are allowed gate-in at the port.
- Indian importers are paying for exports of developed nationsThe reality is that a number of multinational shipping lines have started their own CFSs to take advantage of the helplessness situation of...
- Global container liners’ India operations in choppy watersGlobal container liners like Hapag Lloyd, Maersk Line, P&O Nedlloyd and Mediterranean Shipping Company are not having it easy when it comes...
- Sical Logistics works towards Mumbai-Chennai corridorIt is understood to have teamed up with a Singapore company to develop a port.
- EPCG (sup)port for inland container depotsSmaller ports, inland container depots (ICDs), container freight stations (CFSs) in the country can now upgrade their port handling equipme...
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