During the last August, Paradip Port Trust (PPT) handled 5.91 million tonne (mt) cargo of imports and exports, compared with 4.88 mt handled in the same month last year, registering a growth of 21.07 per cent. The August figure is also 13.29 per cent higher than the target fixed for the month. During the month, 2.42 mt cargo was exported and 3.49 mt was imported through the port.
Author: admin (Infratructure Today)
Post
Post
Plea to Kerala govt for completion of new bridge in Kalady
In Ernakulam district of Kerala, MLAs Jose Thettayil and Saju Paul have asked the government to speed up construction of a new bridge on MC Road at Kalady in the district. The MLAs said in Kochi that the Chief Minister Oommen Chandy should convene a meeting for the timely completion of the bridge.
Post
Now FAR can be sold in Delhi under new land policy
As per the Union Urban Development Ministry, under the modified land pooling policy in the 'Master Plan-2021,' now property owners can sell a portion of their Floor Area Ratio (FAR) to another developer or landowner.
Post
Govts move to give more powers to TAMP opposed
The Union Shipping Ministry's move to give more powers to the Tariff Authority for Major Ports (TAMP) has been opposed strongly by the Planning Commission. The Commission has strongly objected to the move of undermining the provisions of the model concession agreement in determining the performance standards of major ports and linking tariff to the performance of ports. The Commission said this would lead to ambiguity and disputes.
Post
Nod to SKS Microfinance to postpone its AGM
For postponing its Annual General Meeting (AGM), scheduled to be held on September 30, 2013, SKS Microfinance has obtained approval from the Registrar of Companies. The postponement is significant as the company has rejected a nomination of its founder and ex-chairman, Vikram Akula, as the representative of SKS Trusts, the largest shareholder in the company with a stake of 12.6 per cent.
Post
Mumbai to have first branch of Bharatiya Mahila Bank
Mumbai's Nariman Point, the city's premier business district, is to have India's first bank exclusively for women by next November. It is called Bharatiya Mahila Bank and is going to be opened in the iconic Air India building in the area. The first branch of the bank will be in a 5,000 sq ft space in the building.
Post
Mandya may get state’s first branch of Mahila Bank: MP
While the Bharatiya Mahila Bank's first branch at national-level is likely to be opened in Mumbai's Nariman Point in November, newly elected Mandya MP and Kannada actress Ramya has said that she has requested the Union Finance Ministry to set up a branch of the all women's bank in Mandya district of Karnataka. To facilitate womenĆās empowerment, the young MP has urged the Union government to open the proposed public sector all-woman bank branch in her constituency.
Post
GAIL signs 3.83-lakh-cr US deal to source LNG for 20 yrs
For bringing in close to six million tonne of liquefied natural gas or LNG every year over a 20-year period beginning 2016-17, GAIL (India) has entered into a $60-billion (about Rs 3.80 lakh crore) deal with two US-based companies. GAIL is the first Asian company to buy liquefied natural gas from the US.
Post
India has become attractive for gas exploration: Moily
Union Oil Minister Marpadi Veerappa Moily has said that India has become an attractive investment destination for gas exploration because it has decided to raise gas prices from April, which will also contain the spurt in gas demand. Investors had been shying away from investing in India because of low prices of domestic gas. But now the government has decided to raise the price of gas from next financial year, which would make India an attractive destination for investment in the sector, the Mi
Post
Centre transfers Rs 480 cr to beneficiaries via DBT
Under the Direct Benefit Transfer (DBT) scheme, the Union government has transferred Rs 480 crore so far into about nine million accounts of beneficiaries. The DBT was was kicked off on January 1, said the Union government on September 11.