Home » Archives for admin » Page 1223

Author: admin (Infratructure Today)

Post
Pimpri-Chinchwad roads need safety measures

Pimpri-Chinchwad roads need safety measures

In Pimpri-Chinchwad area, lack of pedestrian safety measures and poor implementation of traffic regulations are troubling citizens to face traffic problems. Even widening of roads has not helped to the citizens, says Paryavaran Sanvardhan Samiti, a group dealing with environmental issues in Pimpri-Chinchwad.

Post
NPAs of state-run banks rise to Rs 1.43 trillion

NPAs of state-run banks rise to Rs 1.43 trillion

The non-performing assets (NPAs) of state-run banks rose to Rs 143,765 crore as at end September, 2012 from Rs 112,489 crore at the end of March, 2012, Minister of State for Finance Namo Narain Meena informed the Rajya Sabha. Of the total gross NPAs of state-run banks, 31.9 per cent belon

Post
CPSEs have Rs 2.84 trillion cash

CPSEs have Rs 2.84 trillion cash

Minister of heavy Industries and Public Enterprises Praful Patel informed Lok Sabha that Central Public Sector Enterprises (CPSEs) have Rs 284,153.22 crore cash and bank balances at present. Further, it is learnt that 17 state-run firms, including, ONGC, OIL and NTPC, committed to invest over Rs 1.63 lakh crore during 2012-13

Post
Rs 622 cr SPM project gets CCI nod

Rs 622 cr SPM project gets CCI nod

According to a government statement, the proposed Single Point Mooring (SPM) and allied facilities for import of crude oil at the Kandla port received clearance from the Cabinet Committee on Infrastructure (CCI). The Rs 621.53 crore project would increase its capacity by 12 million tonne per annum (mn tpa) to 104 mn tpa and it would be set up off Veera (outside Kandla creek) in Gulf of Kutch at

Post
MPT set to diversify cargo handling

MPT set to diversify cargo handling

The crisis in the mining sector in Goa and Karnataka affected cargo traffic at Mormugao Port Trust (MPT) and hence the port plans to diversify its cargo handling. In this regard, the port is said to have taken steps to change its profile from a mono-commodity port to a multi-commodity port

Post
ChPT officials seek policy for sailors

ChPT officials seek policy for sailors

Officials of Chennai Port Trust (ChPT) asked Director General of Shipping, Gautam Chatterjee to devise some sort of policy for sailors in distress and a redress mechanism to help those stuck in stranded vessels. Since October 2012, over 55 sailors are stranded in two vessels – Pratibha Cauvery and Pratibha Warna – and their salaries have not been paid since July 2012

Post
Container lines plan hike in shipping rates

Container lines plan hike in shipping rates

Media reports suggest that some of the container lines may raise freight rates in the Asia-Europe trade including ports in the Indian sub-continent. WeeklyInsight learns that some shipping firms also unveiled plans to hike rates from the Far East to North Europe from December. They include Hong Kong’s Orient Overseas Container Line (OOCL), South Korea’s leading flag Hanjin Shipping, China’s Cosco and Emirates Shipping of