Apr 15, 2015 at 09:50 | Source: Reuters
Gateway Distriparks plans to list Gateway Rail Freight, valued by analysts at nearly USD 500 million, by the end of the current financial year in March 2016, two sources directly involved in the process said.
Apr 06, 2015 at 15:03 | Source: PTI
The eastern and western rail freight corridor projects are expected to be game changers in the country by creating the much-required rail transportation capacity, it added. Shares of the company were trading lower by 1.19 percent at Rs 16.60 in afternoon trade.
Apr 04, 2015 at 13:13 | Source: PTI
After the transaction, APL becomes 100 per cent owner in the business, Gande said. A senior official from Jupiter Capital said IIL, which was started as a joint venture between APL and Jupiter, is a profitable company clocking a turnover of Rs 350 crore at present and the exit happened at over three times the invested amount.
Mar 30, 2015 at 15:29 | Source: PTI
While sparing passengers in his Rail Budget, Railway Minister Suresh Prabhu had proposed an average hike of 3.2 percent in freight rates which is expected to have a direct impact on consumers of essential commodities and steel and aluminium industries.
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.