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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Essar Ports Harbinger of hope
From a modest beginning, it is now a name to reckon with among ports in India. With a massive 48 per cent profit in Q1, a port and five terminals to operationalise in the next year, the company expects to continue doing well for a second consecutive quarter (ended September). Sumantra Das writes on the emergence of Essar Ports.
Assocham summit Infra trust fund on its way
Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.
We will reduce group dependence by 25 Percentage
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.
Railways to revise passenger fares in Oct
As part of an exercise to introduce a fuel adjustment component (FAC) in passenger segment, the Indian Railways would revise passenger fares in October. According to the FAC policy, the freight and passenger rates would be revised twice a year, keeping in mind the proportionate movement in diesel and electricity prices.
Dhamra PortÂ’s new record
The traffic throughput in October at Dhamra Port exceeded the one-million tonne-mark reaching 1.17 million tonne for the first time in the last 18 months. The port could achieve this throughput because of improved productivity, handling of iron ore shipment and the diversion of dry bulk carriers from Haldia to Dhamra.