Four projects worth 22,000 crore in Tamil Nadu, Maharashtra and Kerala fail to take off after bid amounts were found unrealistic.

Dubai Ports World (DP World) is creating a holding company to bring its Indian assets under one roof as it looks to expand its operations i...

In the budgetary proposals, Finance Minister Pranab Mukherjee also allowed raising of Rs 5,000 crore from tax-free bonds for ports.

Protecting local firms from cheap imports and incentivising timely completion of projects key to core.

The cost of developing India's largest deep-water port at Vizhinjam has risen by 60% because of escalating land and infrastructure costs.

For 2011-12, Rs 2,14,000 crore have been allocated to the sector, which is 23.3% higher than the allocation for 2010-11.