Guwahati, May 7 (IANS) In a concerted effort to enhance the transportation of tea through containerised rail movement, the Northeast Frontier Railway (NFR) held a meeting with key stakeholders of the tea industry on Wednesday. The meeting, held at the NFR’s Zonal Headquarters in Maligaon, brought together major participants, including logistics operators, tea associations, exporters, and producers. Assam, which produces roughly 55 per cent of India’s tea, has more than 10 lakh tea workers in t…
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New Delhi, Feb 24 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved three multi-tracking railway projects across four states, with an investment of Rs. 9,072 crore.The projects include the Gondia-Jabalpur doubling, the Punarakh-Kiul 3rd and 4th line, and the Gamharia-Chandil 3rd and 4th line. The three projects will cover eight districts across Maharashtra, Madhya Pradesh, Bihar, and Jharkhand, increasing the existing network of Indian…
Mumbai, Dec 22 (IANS) Shares of Neptune Logitek made a weak debut on the BSE SME platform on Monday, listing at a steep discount to the IPO price and causing losses to investors. The stock opened at Rs 100 per share, which was 26 per cent lower than the IPO issue price of Rs 126.Soon after listing, selling pressure continued and Neptune Logitek share price slipped further by over 5 per cent to Rs 95.80 apiece during the intra-day session.This meant that investors who received allotment in the IP…