Essar Ports witnessed a five-fold increase in profits, up to Rs 331 crore. Having outperformed itself by posting 54.5 mt of handled cargo, Rajiv Agarwal, Managing Director, is aiming to triple it in the next few years.
Category: ECONOMY & POLICY
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The Champion CIO
GS Ravi Kumar is associated with Gati as the Chief Information Officer (CIO) for the last 12 years. During his tenure, he has played a major role in transforming the entire IT system of Gati to be at par with the best in the industry.
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On a growth path
Pawan Mathur, Director (Water and Heat Sector) Itron, has a total experience of over 19 years with leading Indian and multinational companies.
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Rise in KG-D6 output expected
As Reliance Industries and its partner BP plc of the UK are working together, they may have been able to arrest the steep decline in output from their main gas field in the eastern offshore KG-D6 fields.
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CCEA okays steps to operationalise IDF
The Cabinet Committee on Economic Affairs (CCEA) has approved the following steps to promote the operationalisation of Infrastructure Debt Funds (IDFs): (a) Capping of the annual guarantee fee payable to the concession authority at 0.05 per cent per annum of outstanding debt financed by the IDF NBFCs for the first three years of operation of the IDF NBFCs; and (b) Access to the benefits of Public Financial Institutions (PFI) status to IDFs like permitting IDF NBFCs to file Shelf Prospectus under
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PM underlines G-20 role in reviving growth
The Prime Minister Manmohan Singh at G-20 Summit at St. Petersburg called for extensive consultations within the G-20 countries to tackle the current currency crisis.
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Isolux Corsan secures 6 contracts
For developing six new infrastructure projects, Spanish firm Isolux Corsan has bagged six major contracts worth Rs 1,476 crore in India, the company said.
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RCF Kapurthala wins Excellence Award
Rail Coach Factory (RCF) Kapurthala, a production unit under the Ministry of India will receive 'Par Excellence Award' from Quality Circle Forum of India (QCFI).
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Level crossings to be removed along DFC
In order to make freight movement seamless on the Dedicated Freight Corridor (DFC), Railways will eliminate 27 level crossings along the 625 km long route between Rewari and Iqbalgarh
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India needs project managers to avert risk
Raj Kalady, Managing Director of Project Management Institute, explains why India's infrastructure developers are risk-agnostic and how training in project management has made a difference.