The Logistics Sector Skill Council is unique in its own way. Logistics is an activity that pervades all industry, either in the form of pure-play logistics (ports, infrastructure, freight forwarding, air cargo, transportation) or in-plant logistics.
Author: admin (Infratructure Today)
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Implementation has always been the issue
Roads connecting the docks and air cargo complexes of container freight stations are in a very bad condition, hence this creates very bad congestion. There should be convenience; intermodal transport will be successful only when we have proper rail and road connecting infrastructure
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Lack of infrastructure is a basic problem
More than 90 per cent of IndiaĆĀ“s inbound and outbound cargo is moved by the freight forwarding industry. Our association is the apex body and is a national body for this industry. We are a very important link between the trade and the government as we represent the interests of the trade to the government and assist in bringing the relevant policies to the trade.
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Hard infrastructure has to be backed by soft infrastructure
We should have had it 20 years ago, but we still donĆĀ“t have it. It was thought of when the Congress was in power and it was the BJP which was the principal opponent to it. Now when the BJP is in power it is the Congress which is the principal opponent. Our national parties need to come to terms over what is good for our nation and leave their individual stands aside.
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GMR Infra gains after subsidiary sells stakes in transmission projects
GMR Infrastructure rose 1.27 per cent to Rs13.54 on the BSE after the companyĆĀ“s subsidiary entered into definitive agreements with Adani Transmission to transfer the interest in its transmission projects.
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Seed investment platform Venture Catalysts raises $500k from Zaffiro
Venture Catalysts, a Mumbai-based seed investment platform, has raised $500,000 from Zaffiro Ventures as it looks to expand its presence to Ahmedabad, Bengaluru, Delhi and Raipur, among other cities, in the next three years.
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Mahanagar Gas makes strong debut
Mahanagar Gas (MGL) has listed at Rs.540, a 28 per cent premium against issue price of `421 per share, on the National Stock Exchange (NSE). The stock hit a high of 549 within minutes of listing. It also touched a low of Rs.532 in intra-day trading.
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Ruias plan to sell another 25per cent stake in Essar Oil
After stitching a deal to sell 49 per cent stake in Essar Oil to RussiaĆĀ“s Rosneft, the Ruia family is looking at selling another 25 per cent stake in the company to an oil trader or a strategic investor like Saudi Aramco.
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Essar settles $500 mn Iran oil bill
Essar Oil, the top Indian buyer of Iranian oil, in June cleared $500 million of a debt owed to Tehran, two sources with direct knowledge of the matter have said.
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Essar Group eyes sale of Gujarat refinery | Sources
Essar Group is exploring the sale of its 405,000 barrel-per-day oil refinery in Gujarat, as the conglomerate seeks funds to reduce its debt, two sources familiar with the matter said.