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Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) is %u20B91100.21 million as compared to %u20B91170.51 million in Q3FY20.

APM Pipavav reports ₹1,984 mn revenue, ₹587 mn net profit for Q3

19 Feb 2021 4:04 PM IST

February 19, 2021: APM Terminals Pipavav (Gujarat Pipavav Port) reported a consolidated net profit of ₹587.24 million for the third quarter ended...

The new bill has proposed a simplified composition of the Board of Port Authority which will comprise of 11 to 13 members from the present 17 to 19 members representing various interests.

India passes Major Port Authorities Bill to establish landlord port model

11 Feb 2021 12:59 PM IST

February 11, 2021: Indian Parliament on Wednesday passed the Major Port Authorities Bill, 2020 that aims at decentralizing decision making and infuse...

Finance Minister announced that more than 13,000 km length of roads, at a cost of %u20B93.3 lakh crore, has already been awarded under the %u20B95.35 lakh crore Bharatmala Pariyojana project of which 3,800 kms have been constructed.

Budget 2021: Bringing down logistics costs at the core, says FM

2 Feb 2021 11:29 AM IST

February 2, 2021: Finance minister Nirmala Sitharaman presented the union budget for 2021-22 in the parliament on Monday (February 1) with a focus on...

During the pandemic induced lockdowns, the sector has stood the test of time by supporting the movement of essentials and non-essentials. Now it is expecting the government shower much-needed attention to it.

Budget 2021: 10 things logistics industry expects from Nirmala Sitharaman

29 Jan 2021 11:19 AM IST

January 29, 2021: Finance minister Nirmala Sitharaman will be presenting India’s union budget for FY 2021-22 before the parliament on February 1,...

Its strategic proximity %u2013 to the largest container port in India, the upcoming Navi Mumbai International Airport and National Highways %u2013 provides quick and direct access to domestic and global markets.

DP World lays foundation stone for Free Trade Zone in Nhava Sheva

12 Jan 2021 1:36 PM IST

January 12, 2021: Global logistics company DP World has started construction of its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai...

The bill seeks to provide increased opportunities for investment and provide greater impetus to a self-reliant domestic investment climate in the maritime industry.

India issues draft Merchant Shipping Bill, 2020 for public consultation

26 Nov 2020 3:50 PM IST

November 26, 2020: Ministry of ports, shipping and waterways has issued a draft of the Merchant Shipping Bill, 2020 that aims to repeal and replace...