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Allcargo Logistics to focus on business consolidation

MUMBAI: Allcargo Logistics will take a break from acquisitions for at least next two years to focus on consolidating its business, said Mr Shashi Kiran Shetty, Founder and Managing Director...

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Major Ports to double capacity in 5 Years: Shipping Minister

MUMBAI : Shri Nitin Gadkari, Hon'ble Minister for Road Transport & Highways and Shipping, reviewed the working of the Major Ports on 28th July 2014.

He said India's 12 major ports will double their cargo handling capacity to 1,600 million tonnes per annum (MTPA) in the next five years.

"India plans to double the ports' capacity...

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Adani gets Australia's nod for $15.5 bn Coal mining project

AHMEDABAD : The Australian Government has approved billionaire Gautam Adani-promoted Adani Group's proposed AUS$16.5-billion ($15.5 billion) Carmichael Coal Mine and Rail Project, subject to a set of environmental conditions. Australian environment minister Greg Hunt approved the project .

Commenting on the development Adani Group Chairman Gautam Adani said, "We welcome...

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