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In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
Quote of the Day by famous poet Geoffrey Chaucer: 'If gold rusts, what then can …'—Inspiring quotes by the 'father of English literature,' best known for The Canterbury TalesGeoffrey Chaucer's timeless quote, "If gold rusts, what then can iron do?" warns of moral decay when respected figures falter. His life, ma...
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
Freight to dodge worst of US port fees thanks to workaroundsMajor shipping lines have assured customers no extra charges will be passed on. The global trade landscape is adapting to these new measure...
Maharashtra to invite bids for 98-year lease of ST bus depot land parcelsMaharashtra will next month invite tenders for developing state transport bus depots on a 98-year lease, aiming to transform 13,000 acres i...
Vadhavan Mega Port gets green signal from Maharashtra coastal zone bodyThe Maharashtra Coastal Zone Management Authority (MCZMA) has given a go-ahead to the All-Weather Deep Draft Greenfield Vadhavan Mega Port....
Recycling industry says scrap cargo stuck at ports, charges not waived; 6,000 units face closureNoting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government last month ...
For Pakistan, a grim reminder from Sri Lanka: China gives loan, then grabs landSri Lanka has signed a $1.1 billion deal with China for development of the deep-sea port of Hambantota. A Chinese firm will have a 99-year ...
Major Port Authorities Act will give autonomy to 12 major portsUnder the proposed act, all future PPP operators will be free to fix tariff based on market conditions and notify the port authority.
Central Port Authorities Act to replace Major Port Trust ActThe need for Government approvals for raising loans, appointment of consultants , execution of contracts and creation of service posts have...
Adani Carmichael project likely to commence operations by AugustThe group led by Gautam Adani plans to build one of the world's largest coal mines in Australia along with a railway line and a port to shi...
Aegis gets 5-acre land to develop new port at KandlaThe five-acre land has been allotted on lease for a period of 30 years by Kandla Port Trust, Aegis Group said in a regulatory filing.
Mumbai's east coast to become tourist hotspotThe coastline that runs from Colaba to Wadala and beyond can be a saving grace for Mumbai Port.
- GVK to offload minority stake in Australia Coal Mining Project
The GVK group that is developing USD 10 billion integrated coal project in Australia is in advanced discussions with investors to sell mino...
Bharti Airtel, Microsoft partner to provide cloud computing services to SMBsBharti Airtel today said it has partnered with Microsoft India to offer cloud computing services to small and medium business enterprises (...
- Shipping ministry likely to establish new regulator for ports
TAMP was constituted in April 1997 to provide for an independent Authority to regulate all tariffs, both vessel related and cargo related.
- Nirma set to buy soda ash maker in US
Home-grown soap and detergent major Nirma is all set to acquire the US-based natural soda ash producer Searles Valley Minerals.
- State maritime board to hold 11% stake in Rewas Port
Reliance Industries (RIL) is set to acquire close to 40% stake in Rewas Port (RPL) for around Rs 200 crore.
- RIL taking 40% stake in Rewas Port
Reliance Industries (RIL) will pay around Rs 200 crore to pick up close to 40% stake in Rewas Port (RPL).