Marcel Opitz, Director of Sales, Schenker India Private Limited holds more than 16 years of experience in the global logistics market and seven years in the logistics industry in Asia.
Exim Bank has raised $500 million by selling bonds to offshore investors. The bond has a tenure of five-and-a-half years offering a yield of 3.961 per cent. The issue was rated as BBB- by rating company S&P. Investors across Asia, Europe and the US have subscribed this issue. Asian investors' subscription was to the tune of 62 per cent while European investors bought 33 per cent of the stake.
Karnataka now finds itself in the company of other states in the clamp down on mining and ore transport. This means India will soon drop down in its export rankings of ore, adding to the brewing export and currency troubles. A Shivkamal writes that in this delicate environment, further reforms in mining will prove to be difficult to implement, at least in the near future.
The rapidly accelerating global procurement demand for raw materials also presents mining equipment manufacturers with ever greater challenges.New technologies as well as ideas help meet the challenges of the future. Germany is among the most important suppliers for the Indian mining market besides the US and China.
Experts from Asia-Pacific nations discussed ways to implement an aeronautical telecom network (ATN) system for seamless exchange of messages for planes flying in the region. The new system would complement and later replace voice communication between air traffic control, pilots and others by providing all flight data and information through messages.