Mar 20, 2015 at 16:14 | Source: Moneycontrol.com
Gateway Distriparks Ltd has informed BSE that the Customs permission for Custodianship at the Container Freight Station (CFS) at Chennai of the subsidiary Company, Chandra CFS & Terminal Operators Private Limited was temporarily suspended on December 19, 2014 by Customs Dept., Chennai, until further orders.
Mar 16, 2015 at 14:52 | Source: Moneycontrol.com
Motilal Oswal has come out with its report on logistics sector. The research firm initiates coverage on Container Corporation and Gateway Distriparks key beneficiaries of dedicated rail freight corridors and economic revival, with a Buy rating. "Growth enablers visible; opportunities galore", says the report.
Mar 03, 2015 at 14:43 | Source: CNBC-TV18
According to Sachin Bhanushali, corporatisation of the ports will make port management much more efficient.
Mar 02, 2015 at 15:16 | Source: PTI
Cement will become more expensive with excise duty being increased to Rs 1,000 per tonne from Rs 900 per tonne earlier in the Budget. Hurt by a Rs 100 per tonne excise duty hike in the Budget on top of an increase in rail freight, cement makers are likely to increase retail prices by Rs 15-20 per bag soon.
Feb 28, 2015 at 13:40 | Source: Moneycontrol.com
The government has already hiked freight rates in Rail Budget for FY16. Freight rate was hiked by 10 percent for urea companies. There were slew of measures taken to revive fertiliser sector.
Feb 27, 2015 at 08:42 | Source: Moneycontrol.com
Emkay feels the Budget estimates for improved operating profit is based on optimistic assumptions for freight and passenger traffic and also the ability to contain costs.
Feb 26, 2015 at 21:42 | Source: PTI
Prabhu said that the Rail Budget has laid a roadmap for the coming five years for an overall revamp of the Rail system, which entails an investment Rs 8,56,020 crore. For the current year, the investment figure is Rs 1,00,011 crore.
Feb 26, 2015 at 19:34 | Source: PTI
In its reaction, domestic ratings agency India Ratings said cement manufacturers will be hit the most by the hike in freight charges for ferrying cement (2.7 percent), coal (6.7 percent) and slag (2.7 percent).
Feb 26, 2015 at 16:56 | Source: Moneycontrol.com
The market fell nearly a percent on Thursday with the Nifty ending the F&O expiry session below 8700-mark. Railway Budget was a dampener as Railway Minister Suresh Prabhu raised freight rates on several commodities.
Feb 26, 2015 at 16:38 | Source: CNBC-TV18
Sanjay Ladiwala, chairman, Cement Stockists & Dealers Association says companies will not be able to pass it on because at the moment prices are under pressure.