Indian Railways will look at developing an additional 200-odd Gati Shakti multi-modal terminals in its bid to improve freight earnings and decongest existing tracks for faster passenger train movement. Also read:India’s major ports see 5% rise in traffic in FY24, driven by iron ore exports, coking coal imports The average cost per terminal is expected … Read more
At a prayer meeting on June 3, 1947, Mahatma Gandhi said, “Democracy is where even the man in the street is heard.” Seventy-seven years to the date, crores of Indians will have had their say at the ballot box, as the country winds up its general elections to the 18th Lok Sabha, held across seven … Read more
Once termed as the queen of the skies, the first of the last four of Air India’s Boeing 747 flew out of Mumbai’s international airport on Monday for the final time. The pilots flying the aircraft performed a “Wing Wave” — an aviation tradition reserved for retiring or concluding flights. Also read:Investment boom in Indian … Read more
How do you review the Railways performance in these 10 years? Indian Railways is one of the best organisations in the world and subsequent government did not understand its strength vis-a-vis what it can add to the economy. If the GDP of the country has to grow at 10 per cent, Railways will have to … Read more
Heavy rains in Dubai have forced Air India Express to reduce its flights to the city by 50 per cent. The airline says it is following instructions from Dubai Airport Authority and is working to get back to its normal schedule of 84 weekly flights as soon as possible. Also read:6 per cent rise in … Read more
In 12-odd hours — about half the time it takes by road — Maruti Suzuki’s automotive parts travel the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) provided by the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL). Also read: Maruti Suzuki adds one lakh units per … Read more
Big gets bigger — that’s the story of Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest private port operator, as it continues its dominance all the way from Mundra in Gujarat on the west coast to Kolkata in West Bengal on the east coast. It controls nearly 28 per cent of the country’s … Read more
The Adani Group will further consolidate its position in the east coast with the acquisition of the Gopalpur Port in Oidisha. Sandwiched between two government-owned major ports at Visakhapatnam and Paradip, respectively, Gopalpur will be the sixth Adani port on the east coast after Dhamra, Gangavaram, Krishnapatnam, Katupalli and Karaikal. Gopalpur port will add 20 … Read more
Akasa Air is seeing consistent growth in its cargo business and its freight loads are higher than peers, the airline’s Co-Founder & Chief Commercial Officer, Praveen Iyer said on Friday. “Cargo is one of the core sources of revenue for Akasa Air and we have witnessed a consistent uptick in the volume of our cargo delivery. … Read more