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CHENNAI PORT TRUST
India spots an export champion in a sector tariffs failed to sinkIndia's seafood sector has demonstrated remarkable resilience, transforming a 50% US tariff into a catalyst for growth. Through strategic m...- $15 billion Google data centre to transform Vizag into AI hub: Union Minister VaishnawVisakhapatnam is set to become a major artificial intelligence hub. Google is establishing a $15 billion AI data centre there. This project...
- CAG critical of PSUs borrowing fund to buy equity of another firm as part disinvestmentAs part of strategic disinvestment, Government of India (GoI) sold (March 2020) its entire 66.67 per cent equity in Kamarajar Port Limited ...
- Swindling of Rs 100 crore CPT deposits: CBI arrests two foreign nationals as part of ongoing probe"During further investigation, CBI conducted searches at Ramapuram, Chennai and identified two foreign nationals allegedly residents of Cam...
- Connectivity to Southeast Asia enhanced with addition of China-East India Service: DP World"The new CI5 service will connect Southeast Asia and China to India's east coast, thereby providing customers with fast and reliable option...
- Govt completes stake sale in Kamarajar Port for Rs 2,383 croreDepartment of investment and public asset management (DIPAM) completed strategic disinvestment of GOI stake of 66.67% in Kamarajar Port Ltd...
- Major ports see 19% surge in thermal coal imports in April-JuneThe centre-owned ports had handled 23.70 million tonnes (MT) of the thermal coal in the corresponding period of the previous financial year.
- Enforcement Directorate attaches Rs 2.77 crore assets of former IAS and CPT ChairmanED had slapped money laundering charges against Suresh and others based on a CBI FIR and charge sheet against him on charges of possessing ...
- Chennai Port eyes 25% rise in rail shipment of containersAimed at stepping up its operational efficiency, the Chennai Port Trust plans to raise shipping of containers through the Railways by 25 pe...
- Chennai Port Trust wins battle against DP World over output targetThe Madras High Court has ruled in favour of the Chennai Port Trust in a dispute with the DP World-run Chennai Container Terminal over non-...
- Indian Oil Corp group firm takes up Rs 3,110.36-crore Resid upgradation projectIndian Oil Corp group company Chennai Petroleum Corporation Ltd (CPCL) has undertaken a major Rs 3,110.36 crore Resid upgradation project.
- Essar Ports, Adani Ports gain on Rs 4000 cr project bidEssar Ports and Adani Ports extended gains in a strong market on Tuesday following reports that the Union home ministry has allowed both th...
- Shipping Ministry considering plan to set up barge terminalsThe Shipping Ministry is considering a proposal to set up barge terminals at a cost of Rs 119 crore, to step up efficient movement of cargo.
- Demand-supply imbalance in capacity calls for more ports, competitionAs long as the economy is in the growth phase, it is a foregone conclusion there has to be a growth potential for all the traffic handled a...
- Have bid for mega-container terminal project at Chennai port: Rajiv Agarwal, Essar PortsIn a chat with ET Now, Rajiv Agarwal, MD, Essar Ports Ltd, talks about the company's future projects and the growth outlook.
- Supreme Court appoints panel to look into Chennai Port coal banSupreme Court has appointed a special committee to look into the ban on the key business of coal handling by the Chennai Port Trust, a top ...
- Mundra Port, MPSEZ to develop transhipment hubAdani group controlled Mundra Port and Special Economic Zone Ltd, (MPSEZ), will develop its port into a transhipment hub.
- Ennore Port to approach Shipping Ministry for IPO approvalThe Ennore Port will approach the Ministry of Shipping for approval of a plan to raise funds for business expansion through an IPO.
- Chennai Port Trust plans mega terminalThe Chennai Port Trust is setting up a megaterminal for container handling at an estimated cost of Rs 3,050 crore.
- Chennai Port Trust records increase in profitChennai Port Trust has recorded Rs 22.64 crore increase in profit at Rs.156.21 crore as against against Rs.133.57 crore the previous year.
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