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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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PNC Infratech wins INR 2,720-cr highway projects from NHAI
PNC Infratech has emerged as the lowest bidder for National Highway Authority of India (NHAI)’s two highway projects worth INR 2,720 crore in Uttar Pradesh and Madhya Pradesh. PNC Infratech said in a filing to the BSE, the company has been declared the lowest bidder for the “two hybrid annuity highway projects of NHAI for an aggregate bid project cost of INR 2,720 crore.” It said one of the pr ...
Port of Virginia is gearing up to handle 13,000-TEU plus ships
The Port of Virginia is confident of handling mega-ships of 13,000 TEU or more, after accommodating vessels of 10,000-TEU ships on a weekly basis so far. "We anticipate, with all these new networks and alliances, that the east coast is going to see the 13,000-plus-TEU ships this year," Virginia Port Authority's chief executive officer, John Reinhart, said. "We're excited about the opportu ...
Dilip Buildcon declared successful bidder for INR 3,269 cr road projects
Dilip Buildcon has emerged as a successful bidder for INR 3,269-crore road projects in Maharashtra. The company said in a filing to BSE, “The National Highways Authority of India (NHAI) has declared Dilip Buildcon Limited, Bhopal, as the successful bidder [L-1] for three projects in a single stretch in the state of Maharashtra.” The projects include four-laning of Mahagaon to Yavatmal section of Nat ...
IWAI raises INR 340 cr through infrastructure bonds
The Inland Waterways Authority of India (IWAI) has raised INR 340 crore through its maiden bond issue from the market. The fully serviced government of India bonds were privately placed with banks and financial institutions on March 1, 2017. The Finance Minister, in his Budget speech 2016-17, had announced mobilization of extra budgetary resources through issuance of bonds to support infrastructure projects. ...
Rail freight corridor may lead to lower bidding for road projects
The construction of a dedicated rail freight corridor may lead to investors lowering their bids for road projects, even as more and more stretches of the Railways have started moving trucks on trains. According to Crisil Research estimates, the first 75 operational highway projects tendered under the toll-operate-toll model may fetch around INR 40,000 crore against original estimates of about INR 70,000 crore, whic ...
14 road projects worth INR 4,500 cr sanctioned in AP
The government today said it has sanctioned for Andhra Pradesh 14 road projects costing INR 4,500 crore in the current fiscal. Mansukh Mandaviya, Minister of State for Road Transport and Highways and Shipping said that "During the current financial year, the Ministry of Road Transport and Highways has sanctioned 14 major projects costing INR 4,500 crore on National Highways under corridor approach and NHDP 4 s ...
Truckers threaten to go on strike from April 20
According to SK Mittal, President, All India Motor Transport Congress (AIMTC), the apex body representing the truck industry, Over 90 lakh trucks across the country will stop plying indefinitely from April 20 if the government fails to meet various demands of truckers’ by March 30. Truckers want the proposed third-party insurance premium hike by Insurance Regulatory and Development Authority to be dropped and ...
Aviation sector to become part of Multi-Modal Logistics hubs
Road Transport and Highways & Shipping Minister Nitin Gadkari said that Aviation sector will now be a part of multi-modal logistics hubs in India to promote holistic logistics solutions. At present highways, ports, inland waterways and railways are part of the planned multi-modal logistics hubs in India. The new plan projects the logistics sector to grow to USD 360 billion by 2032 from the present USD 115 b ...
Govt. will launch an Integrated Transport and Logistics Policy
Road Transport and Highways & Shipping Minister Nitin Gadkari has said, the Government will launch an integrated transport and logistics policy aimed at increasing the average freight speed on highways to 50 kilometer (km) per hour and cutting costs by half. Gadkari added that “The plan includes construction of 50 economic corridors, 35 logistics parks and 10 intermodal stations at a cost of INR 5 lakh cr ...
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