Shares of InterGlobe Aviation which controls low fare airline IndiGo slid on Monday, reacting to its muted growth in its Jan-March net profit.
India's biggest airline by market share posted a net profit of Rs 579.3 crore for the January-March quarter, compared to Rs 577.3 crore a year earlier.
All-weather deep-draft port has the capacity to handle 30 million tonnes of cargo annually while the port does about 2-3 million tonnes of third party shipments.
Maersk Line, the world's biggest container shipper, controls an 18.9% market share in India. The company shipped 1.7 million TEU (twenty foot equivalent) containers to and from India last year.
Kanhaiya Kumar was Sunday assaulted inside a Mumbai-Pune Jet Airways flight, by a co-passenger who Kanhaiyya called 'a BJP supporter'.
There is immense potential in this segment, and is possibly even higher than roads. What we are looking at is developing a 'Blue Economy'.
Jawaharlal Nehru Port Trust has signed an agreement to raise a dollar-denominated loan of $400 million, or about Rs 2,660 crore, at close to a tenth of prevailing domestic borrowing rates.
Government should set up private equity corpus of Rs 5,000 crore for maritime projects: Piyush Goyal
Govt should facilitate the setting up of a private equity corpus of Rs 5,000 cr which will help maritime projects and encourage private investments in the sector.
The $10-billion group will for now concentrate on its existing or ongoing projects instead of scouting for new ones, says Karan Adani.
Government will in the next two months table a new bill that will facilitate a model agreement for forging public-private partnerships in port sector.
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