cargo handling

Kolkata Port profits up 29 percent, cargo handling down


June 12th, 2012 - 8:56 pm ICT by IANS
Kolkata, June 12 (IANS) The Kolkata Port Trust (KoPT) Tuesday declared its net profit for the last fiscal at Rs.90 crore -- a jump of 28.57 percent over the Rs.70 ... Read more...

Posted in Business |

Quake jolts Indonesia, panic grips India (Roundup)


April 11th, 2012 - 8:21 pm ICT by IANS
New Delhi/Hong Kong, April 11 (IANS) Two massive quakes shook Sumatra in Indonesia Wednesday, triggering a tsunami alert in 28 countries including India and panic all across India's east coast. ... Read more...

Posted in World |

Southern states lagging in growth: CII


June 16th, 2011 - 8:46 pm ICT by IANS
Chennai, June 16 (IANS) The growth rate of gross state domestic product (GSDP) of the four southern states has been slowing down in recent years and requires focused attention on ... Read more...

Posted in Business |

Adani Group acquires port in Australia


May 3rd, 2011 - 8:30 pm ICT by IANS
Ahmedabad, May 3 (IANS) Mundra Port and Special Economic Zone Ltd (MPSEZL), the port arm of Adani Group's flagship company Adani Enterprises Ltd (AEL), Tuesday announced its acquisition of a ... Read more...

Posted in Business |

Mukherjee underlines need to monitor emerging trends in inflation


February 25th, 2011 - 3:51 pm ICT by ANI
New Delhi, Feb 25 (ANI): Recognizing the fact that inflation continues to be high even though it has come down markedly from where it was at the start of the fiscal ... Read more...

Posted in Business |

Thiruvananthapuram’s new terminal opening still uncertain (Lead)


October 9th, 2010 - 8:22 pm ICT by IANS
Thiruvanathapuram, Oct 9 (IANS) The Airports Authority of India (AAI) and Air India (AI) are in a blame game over the delay in opening of the new terminal of Thiruvananthapuram airport.The ... Read more...

Posted in Business |

Thiruvananthapuram’s new terminal opening still uncertain


October 9th, 2010 - 6:54 pm ICT by IANS
Thiruvanathapuram, Oct 9 (IANS) The Airports Authority of India (AAI) and Air India (AI) are in a blame game over the delay in opening of the new terminal of Thiruvananthapuram airport.The ... Read more...

Posted in Business |

Cargo handling at Paradip port up by 27 percent


February 19th, 2010 - 12:13 am ICT by IANS
Bhubaneswar, Feb 18 (IANS) The Paradip port authorities in Orissa Thursday said it has achieved 50 million tonnes of cargo in terms of traffic handling this year, up by 27 percent compared ... Read more...

Posted in Business |

Lower private investments in ports than anticipated


February 14th, 2010 - 12:47 pm ICT by IANS
New Delhi, Feb 14 (IANS) The Indian port sector has attracted only $3.21 billion in investments since the beginning of the current 11th Plan (2007-12), less than a quarter of what is ... Read more...

Posted in Business |

Karaikal port gets connected to rail network


January 27th, 2010 - 7:50 pm ICT by IANS
Karaikal, Jan 27 (IANS) The Karaikal port built by Karaikal Port Private Ltd, a wholly owned subsididary of Marg Ltd, crossed a milestone Wednesday when the first train from the port siding ... Read more...

Posted in Business |

Workers’ strike cripples Haldia port’s cargo handling


June 30th, 2009 - 9:05 pm ICT by IANS
Kolkata, June 30 (IANS) Cargo handling at Haldia port has nearly halved following an indefinite strike contract labourers have called since Saturday demanding an increased pay from handling agents. The strike, which entered ... Read more...

Posted in Business |

Lufthansa group firm to maintain Deccan’s cargo fleet


June 23rd, 2009 - 8:18 pm ICT by IANS
Bangalore, June 23 (IANS) Deccan 360, the cargo airline founded by low-cost aviation pioneer G.R. Gopinath, has roped in Germany-based Lufthansa Technik for maintaining its Airbus A-310 freighter aircraft fleet and warehousing ... Read more...

Posted in Business |

Cargo being handled at Cochin Port falls 3.34 percent


April 4th, 2009 - 6:44 pm ICT by IANS
Kochi, April 4 (IANS) The Cochin Port handled 15.23 million tonnes of cargo in 2008-09 as against 15.75 million tonnes the year ago - a fall of 3.34 percent, it was announced ... Read more...

Posted in Business |

India approves 26 foreign equity proposals worth $200 mn


March 26th, 2009 - 7:45 pm ICT by IANS
New Delhi, March 26 (IANS) A proposal from top international events broadcaster Neo Sports and another from the US construction equipment giant John Deere were among 26 applications for foreign investment worth ... Read more...

Posted in Business |

DoCoMo gets nod to acquire Tata Teleservices’ stake


February 23rd, 2009 - 10:58 pm ICT by IANS
New Delhi, Feb 23 (IANS) India's cabinet was in an overdrive Monday clearing 60 agenda items in three hours, including Japan's NTT DoCoMo Inc's proposal to acquire 20.25 percent stake in Tata ... Read more...

Posted in Uncategorized |

Joint ventures for air cargo, ground handling okayed


February 17th, 2009 - 8:44 pm ICT by IANS
New Delhi, Feb 17 (IANS) The government has approved the formation of separate joint venture companies between National Aviation Co of India Ltd (NACIL) and Singapore Air Terminal Services (SATS) for cargo ... Read more...

Posted in Uncategorized |

Singapore-based Universal to invest $17.5 bn in India (Lead)


January 12th, 2009 - 8:21 pm ICT by IANS
New Delhi, Jan 12 (IANS) Singapore-based Universal Success Enterprises Ltd (USEL) Monday said it has signed three pacts with the Gujarat government to invest Rs.87,000 crore (Rs.870 billion/$17.5 billion) in infrastructure projects.The ... Read more...

Posted in Business |

10 dredgers to be deployed for Haldia port channels


October 24th, 2008 - 9:53 pm ICT by IANS
Kolkata, Oct 24 (IANS) The Kolkata Port Trust (KoPT) will deploy at least 10 dredgers by December this year to clear the silt at the channels of Haldia port, an official said ... Read more...

Posted in Business |

Himachal Pradesh to have container freight station


October 17th, 2008 - 8:34 pm ICT by IANS
Shimla, Oct 17 (IANS) The Himachal Pradesh government Friday signed an agreement with the Container Corporation of India (Concor) for setting up a container freight station and inland container depot in Solan ... Read more...

Posted in Business |

Cargo carriers likely to continue ground handling


September 16th, 2008 - 6:58 pm ICT by IANS
New Delhi, Sep 16 (IANS) The government will likely allow cargo carriers to continue handling their own cargo at airports following a representation from them last week, according to a senior official."Cargo ... Read more...

Posted in Business |

Industry fears Rs.20-bn loss on first day of truckers’ strike (Roundup)


July 2nd, 2008 - 9:10 pm ICT by IANS
New Delhi, July 2 (IANS) The truckers' strike to protest rising taxes and fuel costs will further increase inflation and has caused industry to lose Rs.20 billion Wednesday, the first day of ... Read more...

Posted in Business |

Ports, shipping need Rs.1 trillion by 2015


April 9th, 2008 - 5:14 pm ICT by admin
New Delhi, April 9 (IANS) The Indian port and shipping sector would require Rs.1 trillion ($25 billion) to reach its aim of increasing port capacity to 1,500 million tonnes by 2015, federal ... Read more...

Posted in Business |

Chennai port to get new container terminal


April 2nd, 2008 - 11:22 pm ICT by admin
Chennai, April 2 (IANS) The Chennai Port Trust Authority (CPTA) Wednesday announced that the central government has "in principle" approved a new container terminal with a capacity to handle five million TEUs ... Read more...

Posted in Business |

‘Large-scale investment a challenge in food processing sector’


March 10th, 2008 - 4:06 pm ICT by admin
New Delhi, March 10 (IANS) Large-scale investment in the food processing sector is increasingly becoming a challenge as global firms provide stiff competition to domestic producers, Subodh Kant Sahai, minister of state ... Read more...

Posted in Business |

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