The Tata Power Company Ltd has announced the completion of the sale of its defence business on Oct 31 to Tata Advanced Systems Ltd, a wholly-owned subsidiary of Tata Sons Pvt. Ltd.

The Central Govt is soon going to set up a single-window system for clearances and approvals of the industry in the country.

The Competition Commission of India (CCI) has approved the acquisition of Krishnapatnam Port Co. Ltd (KPCL) by Adani Ports and Special Economic Zone Ltd.

Amitabh Kumar, Director General of Shipping & Additional Secretary to the Govt of India on Tuesday said that shipbuilding was a high priority area for the government and it was trying various methods to incentivise it.

Together with technology, people and credible data, APM 4.0 is increasingly becoming central to the success of industrial and infrastructure firms.

Business parks are among the most vulnerable to the spread of a contagion. Nevertheless, proactive resolution of problems and well-organised risk management processes can ensure reasonable well-being of all in this community.

Terming the Prime Minister’s announcement last week as a path breaking initiative, the leading industry players said this is the time to focus and unleash the true potential of the sunrise sector.

Assuring the industry of the necessary support from the government, Mansukh Laxmanbhai Mandaviya, Minister of State (Independent Charge) for Shipping urged the Indian maritime industry to turn the COVID-19 crisis into an opportunity.

The need of the hour in the ports and shipping sector is higher benchmarks and aggressive embracing of digitalisation and advanced state-of-the-art technology.