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Sical in talks with DP World, others to sell its port assets
Setting Sale The Coffee Day Group company’s iron ore container terminal in Ennore is valued at Rs 800 crore and Sical Logistics is looking to halve its debt with this deal.
DP World acquires 76% stake in KRIL
Hindustan Infralog Pvt Ltd (HIPL) is a joint venture between DP World and NIIF.
Continental Warehousing Corporation acquired by DP world and NIIF
The first investment of HIPL, the recently created investment vehicle betwe...
Will study and decide, Maharashtra CM tells Branson on Hyperloop project
Branson,, promoter of Virgin Group, met Thackeray to clear "misunderstandings" and gauge the new administration's interest in the USD 10 billion project, which promises to cut the travel time between Mumbai and Pune to less than half and hour. A senior official said Branson sought the chief minister's co- operation for the project.
UAE’s top companies to invest in food, logistics in Punjab
As one of the partner countries for Progressive Punjab Investors Summit (PPIS) 2019, UAE is looking at increasing its stake in the state’s development and growth by strengthening their existing strategic ties.
Jawaharlal Nehru Port Trust development works will generate 1.25 lakh jobs: Nitin Gadkari
Gadkari said development of various projects undertaken by Jawaharlal Nehru Port Trust will generate employment for nearly 1.25 lakh people residing in the region.
India, UAE trade to expand on initiatives like e2e: DP World
It said DP World remains committed to India''s vision of ''Make in India'', and Dubai's ambition to remain the regions top trading hub and India''s gateway to global markets.
JNPT SEZ eyes Rs 900-1,000 crore from land auction
Jawaharlal Nehru Port Trust's Special Economic Zone (SEZ) is expecting to rake in Rs 900-1,000 crore from auction of a 300-acre land parcel meant for industrial area, a top official has said.
DP World may bid for new free trade zone at JNPT
Port operator plans to invest Rs 1,000 crore if it wins the bid; it is also interested in setting up a logistics hub.
$400-million enterprise valuation: DP World and NIIF to buy Continental Warehousing
Earlier this January, NIIF and DP World had announced the creation of an investment platform, Hindustan Infralog Pvt. Ltd, to invest up to $3 billion in ports, terminals.
India needs more cargo than ports: DP World Chief
“There are more ports in India right now, than cargo; which is not good,” Sultan Ahmed bin Sulayem told ET over a luncheon where he praised the city’s Mughlai street food.
DP World and India's NIIF to invest up to $3 billion in transport, logistics
The money will target acquiring assets and developing projects in sea and river ports, freight corridors, special economic zones etc.
DP World keen to dock at Continental Warehousing
Continental reported total revenue of Rs 709.3 crore for FY16, up 18.2% from the year before. Net profit stood at Rs 94.86 crore, while ebitda was Rs 105 crore.
DP World-NIIF platform makes debut with $400 million Continental Warehousing buy
Earlier this January, NIIF, India’s first sovereign wealth fund and DP World had announced the creation of an investment platform Hindustan Infralog to invest .
DP World introduces automated gates at Nava Sheva
The company is also working on remote-controlled crane operations that will likely add to ease of doing business at India's largest container-handling port.