Mumbai, May 22 (IANS) GreenLine Mobility Solutions Ltd., an Essar venture and a pioneer in green logistics, further strengthened its longstanding partnership with Tata Steel with the flag-off of LNG-powered trucks at Tata Steel’s Meramandali facility in Odisha.The deployment marks another step forward in the ongoing collaboration between the organisations to decarbonise long-haul road logistics across multiple operational locations in India. The initiative reflects the shared vision and commit…
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New Delhi, May 21 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Thursday said that there was a strong need for Indian firms to forge joint ventures with US companies to gain access to the latest technologies. In his address at the annual leadership summit of the American Chamber of Commerce (AMCHAM), Gadkari said: “India is the fastest growing major economy while US companies develop lots of new technologies, so it is very important for Indian companies to have joint venture…
Gandhinagar, May 20 (IANS) Gujarat and Russia’s Astrakhan region have agreed to strengthen cooperation in sectors, including trade, education, shipbuilding, transport and logistics, following a virtual meeting between Chief Minister Bhupendra Patel and Astrakhan Governor Igor Babushkin on Wednesday. The discussions focused on expanding an existing partnership between Gujarat and the Russian region, which dates back to a protocol cooperation agreement signed in 2001 and currently valid until Nove…
New Delhi, May 14 (IANS) The Indian Railways has recorded a 170 per cent rise in cement movement in the last four months driven by a series of reforms in cement transportation introduced in November last year, according to an official statement issued on Thursday. These reforms are based on innovative bulk cement tank containers for seamless end-to-end logistics.The cement reforms were introduced to increase rail-based movement of bulk cement and encourage a shift from road transport to cleaner …
New Delhi, May 13 (IANS) Zoho Corporation on Wednesday announced an investment of Rs 70 crore in Open Network for Digital Commerce (ONDC) to support the development of sovereign technology and strengthen India’s digital public infrastructure.The Chennai-headquartered global technology company said the investment is aimed at making technology more accessible and inclusive for businesses of all sizes, particularly micro, small and medium enterprises (MSMEs).“India’s economy depends heavily o…
New Delhi May 8 (IANS) The Confederation of All India Traders (CAIT) on Friday said West Bengal can once again emerge as a major hub of trade, industry and employment if the state gets a transparent and investor-friendly government aligned with Prime Minister Narendra Modi’s economic vision.CAIT Secretary and BJP MP Praveen Khandelwal said the trade and industrial community in West Bengal is now witnessing renewed hope and confidence over the possibility of a BJP-led government in the state.Ac…
Amaravati, May 7 (IANS) Local body elections in Andhra Pradesh would be conducted soon, announced Chief Minister N. Chandrababu Naidu on Thursday. Addressing the conference of the district Collectors at the State Secretariat here, he said the local body polls would be held soon.He reviewed the performance of various departments and the implementation of programmes at the field level. Discussions were held on education, healthcare, and the grounding of investments, among other subjects.He directe…
Bhubaneswar, May 6 (IANS) Odisha Chief Minister Mohan Charan Majhi on Wednesday called for a “two-coast strategy” to drive India’s next phase of industrial growth, asserting that the east coast will play a defining role in the country’s economic expansion. CM Majhi, who is on a three-day visit to Gujarat, made the remarks while addressing industry leaders during his visit to Mundra Port and other industrial facilities on Wednesday.“India’s growth cannot remain one-sided. The next pha…
Ahmedabad, May 1 (IANS) Gautam Adani, Chairman of the Adani Group, on Friday outlined a growth strategy centred on worker welfare, local employment and entrepreneurship, as the conglomerate accelerates capital expenditure (capex) backed by strong liquidity.Addressing the workforce across the Group on International Labour Day, Gautam Adani said the organisation, which operates more than 700 assets across 24 states and engages nearly 4,00,000 employees, partners and contractors, will measure its p…
Mumbai, April 30 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday reported a strong financial performance for FY26, with net profit increasing 16 per cent year-on-year (YoY) to Rs 12,782 crore.The India’s largest integrated transport operator’s revenue jumped 25 per cent to Rs 38,736 crore, driven by record cargo volumes and robust growth across logistics and marine businesses, as per its stock exchange filing.The company’s earnings before interest, tax, depreciatio…