Global firms queue up to board private trains

New Delhi: A maiden attempt by the government to let private companies run passenger trains has attracted more than two dozen firms, including global majors Alstom Transport, Bombardier, Siemens AG and Macquarie. Home-grown companies such as Adani Ports and Special Economic Zone, Indian Railway Catering and Tourism Corp. (IRCTC), National Infrastructure Investment Fund (NIIF) and… Continue reading Global firms queue up to board private trains

Sami Sabinsa to invest Rs 200 crore in new Hassan plant

Bengaluru, Jan 30 (IANS) Health science and nutraceuticals company Sami Sabinsa Group will set up a new manufacturing plant at Hassan with an investment of Rs 200 crore. “The new unit when operational will play a pivotal role in boosting our exports further. The first phase, once functional in 2021, will provide employment to around… Continue reading Sami Sabinsa to invest Rs 200 crore in new Hassan plant

CBI files chargesheet against former DC, SEZ Surat, Mangalore in disproportionate assets case

States » SouthPosted at: Jan 30 2020 8:58PM Bengaluru, Jan 30 (UNI) The Central Bureau of Investigation (CBI), has filed a chargesheet in the Court of Special Judge, Mumbai, against the then Development Commissioner, Special Economic Zone, Surat and Mangalore (now retired as Additional DGFT) and others, including his family members in the alleged disproportionate… Continue reading CBI files chargesheet against former DC, SEZ Surat, Mangalore in disproportionate assets case

DMICDC Logistics Data Services Bags the Prestigious ‘Best Container Tracking Solution Company …

(Eds: Disclaimer: The following press release comes to you under an arrangement with PR Newswire. PTI takes no editorial responsibility for the same.) NOIDA, India, Jan. 30, 2020 /PRNewswire/ — DMICDC Logistics Data Services (DLDS) clinched the ‘Best Container Tracking Solution Company Award’ at the India Cargo Awards, held at Crowne Plaza, Greater Noida on… Continue reading DMICDC Logistics Data Services Bags the Prestigious ‘Best Container Tracking Solution Company …

Share market update: Infra stocks slip; CG Power slumps 5%

The Nifty Infrastructure index was trading 0.62 per cent down at 3309.75. ETMarkets.com|Last Updated: Jan 30, 2020, 12.11 PM ISTGetty ImagesAmong the 50 stocks in the Nifty index, 11 were trading in the green, while 38 were in the red. NEW DELHI: Shares of infrastructure companies were trading in the green in Thursday’s afternoon session.… Continue reading Share market update: Infra stocks slip; CG Power slumps 5%

TVS Group auto parts maker sets up unit in Sri City

Sundram Fasteners has invested Rs 100 crore in the facility, which exported its first order to Germany to a European manufacturer– supplying to marquee OEMs– on Tuesday.Last Updated: Jan 29, 2020, 04.59 PM IST|Original: Jan 29, 2020, 04.59 PM ISTBCCLCHENNAI: Sundram Fasteners, part of the $8.5 billion TVS Group, has set up a high-precision engineering… Continue reading TVS Group auto parts maker sets up unit in Sri City

JSW Infrastructure invests Rs 300 crores on its first container terminal at NMPT

The Sajjan-Jindal led JSW Infrastructure is investing Rs 300 crores to develop the container terminal which will have a capacity of 400,000 twenty foot-equivalent units (TEUs). The bidding began in July 2019 and it was reported that JSW’s winning bid was almost double the rate quoted by Adani Ports and Special Economic Zone Ltd (APSEZ).ET… Continue reading JSW Infrastructure invests Rs 300 crores on its first container terminal at NMPT

Share market update: Infra stocks gain; RInfra climbs 5%

The Nifty Infrastructure index was trading 0.61 per cent up at 3337.8 . ETMarkets.com|Last Updated: Jan 29, 2020, 12.03 PM IST|Original: Jan 29, 2020, 11.55 AM ISTGetty ImagesAmong the 50 stocks in the Nifty index, 44 were trading in the green, while 6 were in the red. NEW DELHI: Shares of infrastructure companies were trading… Continue reading Share market update: Infra stocks gain; RInfra climbs 5%

Buzzing stocks: Vodafone Idea, YES Bank, RIL, Bharti Airtel

Cummins India (Rs 187.18 crore) was leading the pack of most active stocks in value terms.ETMarkets.com|Last Updated: Jan 29, 2020, 09.37 AM IST|Original: Jan 29, 2020, 09.29 AM ISTGetty ImagesThe NSE Nifty index was trading 78.70 points up at 12,134.50.NEW DELHI: Vodafone Idea with over 3.62 crore shares changing hands was leading among the most… Continue reading Buzzing stocks: Vodafone Idea, YES Bank, RIL, Bharti Airtel