More than 2 mt of cargo handled at Indiana port 11 February 2017
More than 2.2 million tonnes (mt) of cargo passed last year through the Port of Indiana-Jeffersonville.
Officials at the port along the Ohio River in southeastern Indiana say Friday that the amount marks the third straight year that cargo handled there exceeded two million tons. Steel, grain and fertilizer are among the major cargoes that go through the port.
Ashok Leyland eyes one-third share of ICV market in 2 y 11 February 2017
Ashok Leyland Limited (ALL) is eyeing a one-third share of the intermediate commercial vehicles (ICV) market in the country within the next couple of years.
ALL, which is already in the process of expanding its international footprint through establishing manufacturing assembly sites, is also targeting one-third of its total volumes coming from foreign shores in the next five year...
Air India Express to start Delhi-Dhaka services from Fe 11 February 2017
Air India Express will commence Delhi-Dhaka flight from February 16 as the budget carrier seeks to expand the international presence.
The carrier, which is the low-cost arm of national carrier Air India, would inaugurate the operations between Dhaka and Delhi on February 17. In a release, Air India Express said there would be four weekly flights on the route.
Concor focusing on building multi-modal logistics parks 11 February 2017
According to Chairman V. Kalyanarama, the Container Corporation of India (Concor) is mainly focusing on building multi-modal logistics parks (MMLP) in the vicinity of ports and in the hinterland to bring down logistics costs and to promote containerisation.
He was here on Saturday to participate in the East Coast Maritime Business Summit organised by the Hyderabad-based magazine M...
GMR Hyderabad Airport bags CAPA award 11 February 2017
GMR Hyderabad International Airport Limited (GHIAL), which operates Rajiv Gandhi International Airport, has won the Centre for Asia Pacific Aviation (CAPA) Chairman’s Order of Merit for its focus on environmental sustainability and becoming the first airport in Asia Pacific to become carbon neutral.
GHIAL received the award during the CAPA 12 Annual India Aviation Summit in ...
M&M to spend INR 1,500 cr in Nasik 11 February 2017
Mahindra & Mahindra (M&M) will invest INR 1,500 crore at its Nasik and Igatpuri plants in Maharashtra for the manufacturing of a new product code named U321.
The investment in the Nashik plant will be towards manufacture of vehicles, while that at Igatpuri plant will be for manufacture and supply of engines.
The projects will qualify as ‘Ultra Mega Project...