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|  Volvo Auto India to hike prices by up to 2% from April  |    |  CSL to raise INR 1,400-1,500 cr through IPO  |    |  PNC Infratech wins INR 2,720-cr highway projects from NHAI  |    |  Damietta port throughput in January increases 31% to 87,800 TEU  |    |  Global container traffic up 4% in Q4 2016, Port Klang growth leads top 20  |    |  Pawan Hans to start Dilli Darshan chopper rides at INR 2,500  |    |  Port of Virginia is gearing up to handle 13,000-TEU plus ships  |    |  Govt. approves INR 2,029 cr project for JNPT channel expansion  |    |  SpiceJet to fly Kolkata-Dhaka daily  |    |  Dilip Buildcon declared successful bidder for INR 3,269 cr road projects  |    |  Ashok Leyland eyes stronger presence in logistics industry  |    |  APL to launch new CS5 to boost intra-Asia service network  |    |  Ethiopian Airlines adds Ahmedabad to its air cargo services  |    |  IWAI raises INR 340 cr through infrastructure bonds  |    |  Rail freight corridor may lead to lower bidding for road projects  |    |  Move to hike Vallarpadam handling charges opposed  |    |  AirAsia India announces two new routes  |    |  UK port volumes drop 3% in 2016 to total 473.5 mt  |    |  Air India to launch direct flight from Amritsar to Birmingham  |    |  BlackBuck raises nearly INR 476 cr from Sands Capital and existing investors  |   
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Airbus not looking to buy Pawan Hans stake
Airbus is not looking at “buying directly” Pawan Hans Helicopter Limited (PHHL), the state owned helicopter operator in which the Government plans to divest its stake. “We monitor who (will) be associated with it who will buy it. I think it will be an attractive proposition for investors. Having said that we are not looking to buying directly,” Pierre de Bausset, President and Managing D ...
Boeing to set up first overseas factory in China
Boeing will set up its first overseas factory in eastern China aiming to deliver 100 Boeing 737 planes a year. Boeing and Chinese aviation manufacturer Commercial Aircraft Corporation of China Limited (COMAC) will start to build a Boeing 737 completion centre in Zhoushan by the end of March, scheduled to make its first delivery in 2018. This is Boeing’s first overseas facility as part of its 737-productio ...
State to develop 13 Non- Major Ports
According to the Odisha Commerce Minister Ramesh Chandra Majhi, the Coastal state of Odisha would have as many as 13 Non-Major Ports. Keeping in view the surge in industrialization in the State, Odisha Government had identified 13 potential spots for ports. Though MoU had been worked upon, the projects had failed to take off earlier due to land acquisition-related hindrances. As a result none of the Non-Major P ...
Visakhapatnam port to start services for Nepali importers in March
Kolkata port will face stiff competition from Vizag deep-sea port on handling Nepal’s USD 2-3 million third country import cargo. Deputy Chairman PL Haranadh said that Container shipping liner Maersk is expected to deliver the first batch of containers at Vizag port in the first week of March. Maersk is the first liner to offer the aggregation services as part of market making for Vizag. Haranad is hopefu ...
Chardham highway project will be completed by 2018
The INR 12,000 crore 'Chardham' highway project in Uttarakhand will be completed by the end of 2018 irrespective of which party comes to power in the state, Union minister Nitin Gadkari has assured. Minister for Road Transport and Highways Gadkari also exuded confidence of winning the state election. Assembly elections in Uttarakhand were held in a single phase yesterday and the results will be announced on ...
IL&FS Engineering bags INR 123 cr orders from GAIL
IL&FS Engineering and Construction Company Limited has received a contract from Gas Authority of India Limited for two pipeline laying contracts worth INR 123.05 crore in Kerala and Karnataka. Both the spreads are contiguous and are part of Kochi-Koottanad-Mangalore pipeline project. IL&FS Engineering Services is already executing a part of this Kochi-Koottanad-Mangalore pipeline project for GAIL worth ...
Ashok Leyland eyes one-third share of ICV market in 2 years
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 years. The company has recently lau ...
16.5% increase in railway fund for Bihar
Bihar seems to have gained considerably in the allocation for railways in the first integrated Union budget tabled by Union finance minister Arun Jaitley on Wednesday. From INR 3171 crore in 2016-17, the allocation for Bihar has been increased to INR 3696 crore in the fiscal 2017-18, an increase of 16.56%. The average allocation for the state in the rail budget from fiscal 2009-10 to 2013-14 had been INR 1133 c ...
Ashok Leyland opens new assembly plant in Dhaka
Ashok Leyland strengthened its overseas presence by opening a new assembly plant in Dhaka in joint collaboration/tie-up with IFAD Autos Limited, Bangladesh. Built over a period of 15 months, the plant is spread over an area of 37 acres. A company said in a statement, It has a capacity to roll out 600-800 all range of vehicles per month. Company sources said that IFAD Autos will be investing INR 75 crore, while ...
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