They are just in the process of finalising Rs 2,000 crore (for) dredging project and they are investing about Rs 1,000 crore within the port for improving both the rail and road network." He also said that operationalisation of the fourth terminal will double the capacity of JNPT "that they intend to start phase I in early 2018".
As part of ease of doing business, the Jawaharlal Nehru Port Trust (JNPT) has taken several initiatives, including introduction of direct port delivery system.
Yashodeep Shivalkar, a banker who shifted from Chembur to Panvel five years ago, is extremely happy with his decision. Owing to its affordable property rates, Shivalkar was able to buy a spacious two-bedroom-hall apartment R
Indian companies had raised only USD 750.77 million from overseas markets in the same month last year.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking, spoke about his reading of the market and his outlook on various stocks and sectors.
Meeting sensitize all its stakeholders the importance of maintaining updated records on a real time basis. India was ...
Government announced on July 4 that Jawaharlal Nehru Port Trust (JNPT) has become India's first port to implement logistics data tagging of containers to track cargo
Mumbai and its surrounding areas offer a healthy mix of real estate options, which has been possible, largely due to the region‘s infrastructure and connectivity. â€œIf connectivity is improved, then it will be easy R
Seminar on Managing change and effective leadership was organised at JNPT-APEC Training Centre from 25th to 30th April. The nuance of effective ...
"In a move to encourage rail transportation, the JNPT Board had granted a waiver of Rs 728 per container towards handling charges of exim containers moved by rail to and from the container freight service on dedicated rakes at JNPT," the Shipping Ministry statement said.
This is the second tender floated by state-owned MMTC this month. The earlier one was for import of a similar quantity of tur for delivery in February-March.
Engineering and construction giant Larsen and Toubro (L&T) today said its consortium with Sojitz Corp of Japan has won a Rs 1,213 crore project from Dedicated Freight Corridor Corporation of India Ltd (DFCCIL).
While rising food inflation driven by pulses has been a never-ending discussion topic in India's macroeconomic policy-making, this time around all hell has broken loose with tur dal prices rising to more than Rs 210
"There is natural draught of 20 metres to receive bigger ships. A feasibility study for a satellite port has been completed internally. At present, there is only one big port in Maharashtra Â— JNPT. The new port will be an alternative to JNPT to decongest ship movement," Fadnavis said.
It has three terminals at present, among which the one operated by APM Terminals witnessed the highest traffic with a 45.06 percent share, followed by its own JNPCT at 28.97 percent , while the one by NSICT had a share of 25.97 percent.
Terming the decision as "revolutionary and historical" Gadkari said: "This project alone will boost India's GDP by 2 percent
Presenting the Budgetary proposals for 2015-16, Jaitley said, "Ports need to attract investment as well as leverage the huge land resource lying unused with them and to enable us to do so ports in public sector will be encouraged to corporatise and become companies under the Company's Act".
Investors lapped up huge shares of ITD Cementation on Friday after the construction company bagged big order for dredging & reclamation works in Mumbai. The stock surged 18.6 percent intraday to hit a 7-year high of Rs 605.
Of the five projects approved now, four are container terminals and one is a multipurpose cargo berth project in Mumbai port.
As part of its expansion plans, Jawaharlal Nehru Port Trust will invest Rs 2,000 crore to set up a marine terminal mainly catering to liquid cargoes like oil, acids and cleaning compounds.
Funds raised by Indian companies through retail issues of non-convertible debentures (NCDs) more than halved to nearly Rs 17,000 crore in 2012-13, even as the capital mopped up through this route exceeded the targets.
Tax free bond issues are simply not the flavour in 2012-13. Reason: lower interest rates compared with those offered in 2011-12. In such a lacklustre market, state-owned Jawaharlal Nehru Port Trust (JNPT) is hitting the market at the fag end of the financial year 2013 with its tax free bonds of Rs 1,000 each to raise Rs 2,000 crore.
The Jawaharlal Nehru Port Trust (JNPT) on Friday said that it will raise up to Rs 2000 crore by selling tax-free bonds between 11-15 March. These bonds are at a face value of Rs 1000 and will offer interest rate in the range of 6.82-7.32 percent. JNPT
Country's largest container port Jawaharlal Nehru Port Trust (JNPT) has sought capital market regulator Sebi's approval to raise up to Rs 2,000 crore through tax free bonds.