The Northern Railway has started a double-Decker container train between Patli near Gurgaon in Haryana and the Mundra Port in Gujarat. This initiative will increase efficiency and volume. This is the first double-stack container train by the Northern Railway and the second route over the Railways. This service will bring the entire National Capital...
SKIL Group’s flagship company Pipavav Defence and Offshore Engineering today said there was no disruption of any kind at its production units due to Income-Tax officials visiting the firm’s premises last week for verification of certain issues. “There was no disruption of any kind at the production units and the business of the company...
Pipavav Shipyard Ltd on Monday said it won an order from the Indian Navy worth Rs 2975 crore (USD 659.6 million) and swung to a consolidated net profit in full year FY11, sending its shares up as much as 3.75%. India’s largest shipbuilder by market capitalisation said it was the first to receive the...
India’s exports have registered a growth of 34.4% during April 2011, at US $ 23.9 billion. Stating this at a press interaction here today, Shri Rahul Khullar, Commerce Secretary, informed that during the interaction, with press, India’s imports in April 2011 were US $ 32.8 billion, which is up by 14.1% Balance of trade...
The government today approved a Rs 1,060 crore project for building a dry bulk terminal at the Kandla Port Trust on build, operate and transfer (BOT) basis. The decision was taken by the Cabinet Committee on Infrastructure (CCI). “The capacity of the project is 14.112 million tonne per annum for catering to four vessels...
In a bid to check inflation, which is hovering around 9 per cent, Reserve Bank of India on Tuesday raised its short term lending (repo) rate by 50 basis points to 7.25 per cent, while lowering the economic growth projection to 8 per cent for the current fiscal. The RBI has also increased the...
The Cabinet Committee on Infrastructure today approved the development of six laning of 102.3 Km. long Ahmedabad – Vadodara section on National Highway NH-8 in the State of Gujarat under NHDP Phase V on Design, Build, Finance, Operate and Transfer (DBFOT) basis in BOT (Toll) mode of delivery. The total project cost is estimated...
Gujarat based Kandla Port continues to become India’s no.1 port with 81.88 mmt(79.5 mt in 2009-10) traffic handling. Interacting with media persons , Kandla Port Trust Chairman Shri P.D.Vaghela said on Tuesday that KPT will purchase power from open market and will supply to users in future. He said KPT’s goal 2020 is 175...
The Environment Ministry of India today lifted moratorium imposed on eight industrial clusters located in critically polluted areas in different parts of the country for considering projects for environmental clearance. Gujarat’s Junagadh is one of such clusters. The Ministry, in view of the recommendations of the Central Pollution Control Board (CPCB), lifted moratorium on...
By Japan K Pathak Ahmedabad airport is now India’s 8th busiest international airport – down from earlier 7th position which is now occupied by Cochin airport. This has been revealed in figures available from minister’s answer in parliament recently. Fresh figures suggest that Ahmedabad airport is less busier than the airports of Delhi, Mumbai,...
This figure will shock you, and compel to ask you ‘ what’s wrong with Food Corporation of India’s Gujarat unit?’ During the period of April 2010 to January 2011, about 6,348 tonnes of foodgrains stored in various government outlets across the country damaged, with Gujarat as a main contributor with total amount of damaged...
Garment Manufacturers and retailers across Gujarat are on one-day strike today protesting against proposed mandatory excise duty of 10% for all branded readymade garments and textile made-ups in the Union budget for 2011-12. The Gujarat Garment Manufacturers Association is carrying out a protest with dharna at Gheekanta in Ahmedabad.