Shapoorji Pallonji Group is in talks with the promoters and private equity investors of Karaikal Port
Tag: Marg
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Karaikal Port tries to overcome debt problem
According to media reports, Karaikal Port (KPPL) is finding ways to overcome its huge debt. Among the plans are refinancing or restructuring of debt or terminalisation of its port infrastructure. It is learnt that the port's projection of a sharp growth of traffic from items like fertilisers, crude or petroleum, and containers has not materialised. This is poss
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The Port Paradocks
Cargo growth at Indian ports was subdued in 2011-12 with total throughput registering a 5 per cent year-on-year increase to 930 million tonnes,
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Indianised and inclusive
As MARG-owned Karaikal port is on its way to receiving takeout finance from IIFCL, the promoter of Chennai headquartered group is a busy man,
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Rise in Q3 income: MARG
MARG has posted a significant rise in its income from operations at Rs 317.32 crore in the third quarter ended December 2010 as against Rs 206.64 crore a year ago.