Online payment solutions company Razorpay Software Pvt Ltd said that Mastercard Inc., has invested in the company. It declined to specify details.
Author: admin (Infratructure Today)
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Steel and style
Pre-engineered buildings (PEBs), a popular concept in North America and Europe, have been gaining momentum in India also, since their entry 15 years ago.
The major reasons behind the growth of PEBs are reduced construction time, faster occupancy, earlier returns on investment, reduced labour at site, architectural/design flexibility, eco-friendliness and easy installation and maintenance
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Adani Group to invest in mining, ports sectors
The Adani Group, which is setting up the world´s largest solar park in Ramanathapuram district, has expressed its willingness to invest in mining, ports and thermal power sectors in Tamil Nadu.
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Odisha to have 10percent stake in rail link for port-led development
Odisha has confirmed 10 per cent equity participation in the Special Purpose Vehicle (SPV) of Indian Port Rail Corporation Ltd (IPRCL) that will be formed for development of a heavy haul rail corridor from Salegaon to Paradip port.
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India´s largest container port needs Rs.500 crore more to beef up ops
India´s largest container port, Jawaharlal Nehru Port, will be spending nearly Rs500 crore in the next two-three years to beef up evacuation of cargo and further increase connectivity with the hinterland.
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India eyes role for itself at Oman´s strategic Duqm port
After securing its presence in Iran´s Chabahar port, a key gateway to Afghanistan and Central Asia, India is now eyeing a role at Oman´s strategically located Duqm Port to enable Delhi to expand its economic presence in hydrocarbon rich West Asia. It will also allow the Indian Navy greater role in the region.
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CODEX helps to track cargo
A technologically advanced facility called ´Container Digital Exchange´ (CODEX), the first of its kind in India, designed to track movement of container cargo, was established at V O Chidambaranar Port. Pranab Kumar Das, Chief Commissioner of Customs, Chennai, inaugurated the facility in the presence of S Anantha Chandra Bose, Chairman, VOC Port Trust, Thoothukudi, and KC Johny, Commissioner of Customs.
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MP seeks allocation for Azhikkal port development
PK Sreemathi, MP, has urged Kerala´s Finance Minister TM Thomas Isaac to earmark adequate funds in the state budget for the development of the Azhikkal port here as envisaged in the master plan.
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Kamarajar Port plans 2nd liquid terminal
Kamarajar Port Ltd in Ennore plans to put up a second marine liquid terminal on public-private-partnership mode at a cost of Rs.393 crore with a capacity of 3 million tonnes per annum (MTPA).
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Govt plans transparency in shipping, logistics
The government might soon propose amendments to the Multimodal Transportation of Goods Act, 1993. The aim is more transparency in the shipping and logistics sectors and to discourage container freight stations from overcharging both importers and exporters, said two government officials with direct knowledge of the matter.