Fireworks sector in Sivakasi of Tamil Nadu is to utilise VOC Port to tap the huge global market for crackers. Officials of VOC Port Trust in Tuticorin decided to permit export of fireworks through the port.
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Inland port proposed in Jharkhand
The proposal to build an inland port on the Subernarekha river in Sahebganj in Jharkhand has been said to be cleared by the Planning Commission.
Port at Honnavar
A new port in Karnataka Honnavar has been planned by the state government at a cost of Rs 600 crore under public-private partnership (PPP) model.
JICA aid to Chennai port
For improving container movement at Chennai Port Trust (CPT), the Japan International Cooperation Agency (JICA) has offered its assistance to the CPT. The move would help the export-import trade plan better and save on time and cost.
Ennore Port coal berth
By deciding to construct an additional coal berth at a cost of Rs 270 crore, the Ennore Port (EPL) is to take on the competition from the Krishnapatnam and Karaikal ports on the eastern coast of India.
KPT takes over ABGs KCTPL
Kandla Port Trust (KPT) has secured the Kandla Container Terminal´s (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank.
Tata Technologies to enter healthcare, energy and telecom sector
Tata Technologies, a Tata group's design and engineering arm is all set to enter sectors such as energy including oil & gas, medical devices and telecom.
State level regulator for water sector soon
With an aim to put more emphasis on water conservation the government chalks out plan to create state level regulator for water. The said regulator will be in charge to manage stress of future water requirements, said a senior Planning commission official.
Dr. Samantak Das’s reaction on RBI’s decision to hike repo rate
RBI has once again shown its stance towards curbing inflationary pressures. By doing so, there is a substantial compromise being made towards the country's GDP growth.
Gujarat Pipavav Port receives interim dividend of Rs 38 million from Pipavav Railway Corporation Ltd
APM Terminals operated Gujarat Pipavav Port (APM Terminals Pipavav), one of Western India's fastest growing gateway ports, received an interim dividend of Rs. 38 million (5%) from Pipavav Railway Corporation Ltd.