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 11, 2015 at 19:23 | Source: PTI
Earlier, former Chief Minister and AGP leader Prafulla Kumar Mahanta raised the issue of not decreasing fares, freight charges and food items despite drastic fall of petrol and diesel prices in the last couple of months.
Mar 11, 2015 at 11:19 | Source: Moneycontrol.com
Shares of Container Corporation of India gained 3 percent intraday Wednesday. Nomura retains buy rating on the stock with increased target price of Rs 1,765 (from Rs 1,570 earlier) as it is the largest beneficiary of game-changing dedicated freight corridor (DFC) commissioning by March 2018.
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.