JSW Group is looking for port assets as part of a strategy to expand ports capacity, its CFO Seshagiri Rao said. ´
Tag: Ports
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No deals in shipping, ports for two years
Private equity firms have stayed away from investing in shipping, ports and logistics for two years in a row. ´PEs have stopped coming into the sector and there is no easy money for the shipping business,´ G Shivakumar, CFO, Great Eastern Shipping, said in the third quarter earnings conference call.
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Kannur airport to be operational in Sept
The upcoming Kannur International airport will commence commercial operations in September. The DGCA has given clearance and a defence aircraft is to touch down on February 29, Ports and Excise Minister K Babu told reporters. ´
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APM Terminals Pipavav announces Q3FY16 results
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), operating one of western India´s gateway ports, today reported its financial numbers for the quarter ended 31st December 2015.
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Ministry of Shipping initiates Proj Green Port
Weighing in the environmental perspective for sustained growth, the Ministry of Shipping has started ´Project Green Ports´ which will help in making the Major Ports across India cleaner and greener.
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Govt to develop three new ports in 2016: Gadkari
As part of its plan to develop ports and boost maritime trade, the government would develop three major ports in the country this year.
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PPP projects 33percentage of total capacity of major ports-CAG
PPP projects have contributed only 33 per cent to toital capacity of major ports up to March 2014, thereby defeating the purpose of the PPP model, CAG has said.
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The stage is set for take-off. It´s time to execute
We have been working with them to put together the investment policy - what should be the objectives, focus, sectors, types of investments and things of that nature. All that has been finalised.
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2016 – An Infrastructure Leap Year
United Nations General Assembly has declared 2016 to be the year of ¨pulses¨. With pulse prices going sky-high in 2015, another source of protein for the poor people has well-nigh gone out of reach in our country.
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Govt undertaking measures to modernise ports
With the view to boost exports, the government is undertaking several measures to modernise ports.