Lulu Group to make major investments in Vizag, Vijayawada and Tirupati
A day after meeting Andhra Pradesh Chief Minister N. Chandrababu Naidu, Lulu Group Chairman M.A. Yusuff Ali said in a message on the social media platform, X, on September 29, 2024 (Sunday) that the...
View ArticleGE Aerospace eyes India for key component sourcing
GE Aerospace is increasing its component sourcing from India as the country’s aviation sector experiences significant growth. The company, already operating a facility in Pune and a technology centre...
View ArticleSouthern Railway suffered huge losses due to wrong incentives: CAG report
Southern Railway has suffered a loss of ₹20.58 crore by way of granting ineligible concession to a firm for transporting vehicles to destinations in the northeast; wrong payment of overtime allowance...
View ArticleUS East Coast port strike set to start Tuesday, says union
A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said on Sunday, signaling action that could cause delays...
View ArticleAll Cargo Logistics, Bunts Sangha jointly disburse student scholarships worth...
R Upendra Shetty, president of the Bengaluru Universal Group of Institutions, stated that the All Cargo Logistics organisation and Bunts Sangha of Bantwal have set an exemplary model by distributing...
View ArticleFirst foreign-owned shipping line in PH begins local operations
CNC, the Intra-Asia short sea specialist of the CMA CGM Group, has started domestic shipping operations in the country with the launch of three weekly port calls between, Manila, Cebu and Cagayan de...
View ArticleUnion minister Sonowal launches Cruise Bharat Mission from Mumbai port
The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal, launched the ‘Cruise Bharat Mission’ from the Mumbai port. Aimed at the boosting the tremendous potential of...
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BiofuelCircle plans to establish 35 advanced biomass warehouses across 10 states
BiofuelCircle, a leading digital platform for the bioenergy supply chain, is expanding its reach into rural India to build sustainable biomass aggregation infrastructure. The company plans to more than...
View ArticleChallenge Group expands India operations, launches flights to Delhi
Challenge Group announced the expansion of its operations in India with the introduction of two weekly flights to Delhi, starting October 3, 2024. This brings the Group’s total to five weekly flights...
View ArticleAirlines begin to circle ‘cargo game-changing’ Navi Mumbai Airport
Adani Group’s newest flagship airport project at Navi Mumbai, on the outskirts of the city, seems to have become a strong bet for airlines and related logistics stakeholders looking to capitalise on...
View ArticleAlphard Maritime looks to set up a $500 million shipping fund in IFSC GIFT City
Alphard Maritime Group plans to set up a $500 million shipping fund in the Gujarat International Finance Tec-City (GIFT City) to become an enabler for Indian shipping tonnage, its Chairman and...
View ArticleMPA looks to push green trucks to cut 32k-tonne carbon footprint
After becoming the first port in South Asia to introduce green ship incentives, the Mormugao Port Authority now plans to extend the programme to trucks being used for cargo transportation....
View ArticleAdani Ports reports 7% growth in cargo volumes, pursues ambitious expansion...
Adani Ports and Special Economic Zone (APSEZ) managed to handle 183 million metric tonnes (MMT) of cargo from April to August 2024. The company saw a 7% year-on-year growth in cargo volumes in the...
View ArticlePrivate terminal operators at ports may soon get to fix tariffs
India could soon free up tariff fixation for existing private terminal operators at ports administered by the central government, officials said. The move is aimed at giving flexibility to private...
View ArticleTurkmenistan eyes Pakistan’s Gwadar Port for trade expansion
Turkmenistan is poised to sign a memorandum of understanding (MoU) with Pakistan on accessing Gwadar Port in southwestern Balochistan province. The deal marks a significant step for Turkmenistan,...
View ArticleEXG completes transport of hydropower equipment in India
The operation involved the movement of 18 large parcels, including two massive cold boxes and a heat exchanger. The two cold boxes, each weighing 232.5 tonnes, measured 62.7 m in length, 6.56 m in...
View ArticleAndhra Pradesh leads capex surge among states in FY24, records staggering...
Andhra Pradesh has catapulted to the top of India’s capital expenditure rankings, with a nearly 17-fold increase in FY24. The state’s capex soared to Rs 19,240 crore in the year ended March 31 from Rs...
View ArticleHow is Shiprocket redefining India’s offline commerce story?
In today’s rapidly changing consumer landscape, the convenience of home delivery has become an essential service that shoppers now expect. From metro city dwellers with busy schedules to consumers who...
View ArticleRites bags order worth $4.28 mln from Tsiko Africa Logistics
Rites announced that it has received letter of award (LoA) from Tsiko Africa Logistics (Pty) for the supply and commissioning of an overhaul in-service cape gauge 3100 HP and diesel-electric...
View ArticleRVNL bags Rs 284 crore work order from East Coast Railway
State-owned company Rail Vikas Nigam Limited (RVNL) on Tuesday announced that it emerged as the lowest bidder from East Coast Railway for construction works in Odisha. The order costing Rs 283.69 crore...
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