With globalisation, cross-border trade has grown monumentally and continues to acceÂlerate at a never-seen-before pace. India has one of the most rapidly expanding infrastructure privaÂtisation programmes among the developing countries
FlashNews:
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Mundra may be largest port by 2013
As Kolkata Port hopes to grab a share of exim cargo from the JN Port, it is more likely to face competition from other newer ports on the Western coast-Pipavav and Mundra.
Concor depends less on JNPT
Concor's dependency on Jawaharlal Nehru Port has declined following competition from newer ports, Pipavav and Mundra.
Tata to add 8500 MW
Tata Power, which has 3,127 MW, is on track to becoming power gen leader again as it commences operation of the first unit at its mega power project in Mundra by September.
New kind of mint
The pilots and crew of two personal aircraft figure among the thankful thousands who owe their jobs to Gautam Adani, the owner of those planes and the biggest wealth creator last year.
Short-lived glory
As the pace of power generation heats up, the race to be king is likely to be ongoing, with players overtaking each other within short periods.
Ports and the state go together
You can see Kerala’s maritime initiatives brewing: In September last year, the cabinet approved a Maritime Board for the state, PPP bids are on, and the stage is now set for the state to see the projects through and to consolidate.
Expertspeak: Yet privatisation has been successful
With ICTT, by bringing mainline vessel calls to Cochin, shippers—especially in south India who earlier had to tranship their cargo over to Colombo and other regional hubs—will now save on the additional feedering cost at the hub port.
Tata's new seat of power
Consequent to the forthcoming retirement of Prasad Menon on 31 January, Tata Power appointed Anil Sardana as the Managing Director with effect from February.
Traffic at minor ports in Guj up 14% in Apr-Nov 2010
Minor ports in Gujarat saw a 13.7 per cent growth in cargo handling during April-November 2010 over the corresponding period last year.