Adani Enterprises Ltd on Thursday reported a 36.5% jump in net profit to Rs 127.67 crore for first quarter ended June 30, 2009, as compared to Rs 93.57 crore during the corresponding quarter last year. Total income shot up by 26.48% to Rs 6,368.90 crore for quarter ended June 30, 2009, as compared to...
Shipping
Alang posts whopping 336% growth, but challenges are also looming
Despite amazing rise in light displacement tonnage(LDT), the shipbreaking industry at Alang is facing a major challenge of decreasing demand of the end product made out of scraps that the shipyard supplies. Shipbreaking industry at Alang, which was struggling for its survival some years back is now thriving with business with whopping 336% growth...
Kandla Port Trust impliments new security measures
Kandla Port Trust has set up 14 CCTV cameras and Access Control System for security of the port. KPT’s Vice President M.A.Bhaskaracharya said, not each and every person would be able to enter the port premises as one will have to scratch a card to enter inside. Without scratching a card, entry will not...
Gujarat govt sanctions full scale Adani police station at Mundra port
You may have heard about ‘Adani power station’ but here is a news about ‘Adani police station’. Yes you heard it right. It’s Adani police station. After giving a special police chowky to Tata Motors Nano car plant near Sanand, the industry-friendly Gujarat government has sanctioned a full scale Adani police station for Adani’s ...
Vessel Traffic System in Gulf of Kutch by March 2010, says Minister
The Ministry of Shipping’s project to establish a Vessel Traffic System in Gulf of Kutch to regulate the shipping traffic, is likely to be complete by March 2010. This information was given by Union Minister of Shipping, Shri G. K. Vasan in a written reply to a question in Lok Sabha today. The project...