News of Logistics | Ports | Shipping in Gujarat

MARUTI SUZUKI exports 1 millionth car from GUJARAT’s MUNDRA PORT

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Maruti Suzuki India Ltd said of 1 millionth car exported from Gujarat’s Mundra Port. In a press-release as submitted by the company to the Indian Bourses, titled – “1 millionth Maruti Suzuki car exported from Gujarat’s

Thomas Cook will now collect documents for Visa from home, with Live Tracking

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, tour & travel services  providing global major’s India arm – Thomas Cook (India) Ltd, said of having introduced home collection services for Visa documents with a live tracking feature, partnering with Blue Dart, On Pan-India basis. The press-statement from

Bhoruka Supply Chain buys additional 0.20% promoters group stake in TCI

SECUNDERABAD | MUMBAI | AHMEDABAD-GANDHINAGAR-RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Indian logistics major Transport Corporation of India (TCI) Ltd said of 1,50,000 shares owned by Ms Chandrima Agrawal, part of promoters group has been acquired by Bhoruka Supply Chain Solutions Holdings Ltd. The statement further read that on acquisition

Seamec’s foreign subsidiary buys Bulk Carrier Vessel for undisclosed amount

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered shipping major SEAMEC Ltd said of its foreign subsidiary company having brought a bulk-carrier for an undisclosed amount. The statement submitted to the Indian Bourses read that, Seamec International FZE, wholly owned subsidiary of the Company has

India Opps Growth Fund – Pinewood Strategy buys 7.4 mln shares of Essar Shipping

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Essar Shipping Ltd said that, based on the weekly BENPos shared by their Registrar and Transfer Agent for period from July 26, 2019 till August 2, 2019 via email dated 5th August, 2019, that one of the entity named

Adani Group incorporates enterprise to operate airports biz in India and Abroad

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered diversified corporate major Adani Group said of having incorporated enterprise to operate airports business in India and Abroad. The company statement submitted to the Indian Bourses read that  Adani Enterprises Limited has incorporated a Company namely “Adani

Netherlands Embassy-CII Rajkot conduct workshop for biz opps & partnerships

RAJKOT – On a Tuesday evening, CII (Confederation of Indian Industry) Rajkot office in collaboration with Netherlands Business Support Office (NBSO) Ahmedabad, Embassy of Netherlands conducted a workshop at Fortune Park, JPS Grand Hotel in the city, which was for assembly of entrepreneurs and SME owners detailing on Trade & Innovation, Opportunities for Partnerships &

Gateway Distiparks subsidiary starts Inland Container Depot @ Viramgam (Gujarat)

VIRAMGAM | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, eminent Indian logistics player Gateway Distiparks Ltd said of having flagged-off inland container depot (ICD) operations at Viramgam near Ahmedabad Gujarat on July 26, 2019 – Friday. The press release submitted to the Indian Stock Exchanges read that, Gateway

Gateway Distiparks Promoters de-pledge 35% of pledged shares

MUMBAI | AHMEDABAD – GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Gateway Distriparks Ltd said of its promoters having de-pledged 35% of the pledged shares. Press release submitted to the Indian Bourses on Thursday read that, Gateway Distriparks Limited: Promoter de-pledges 35% of pledged shares. The promoter group of

Adani Ports to raise $700 million via bonds on private placement basis

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India on Tuesday, Ahmedabad headquartered port sector major – Adani Ports and Special Economic Zone Ltd said of conducting the company board meeting on Friday – July, 12 – 2019 to consider fund raising via US$  700 million bonds. The

Adani Ports to raise US$750 mn via unsecured notes @ annual coupon rate of 4.375%

AHMEDABAD-GANDHINAGAR | MUMBAI | RAJKOT – In a regulatory update submitted to the companies on Thursday, Ahmedabad headquartered Adani Ports and Special Economic Zone Ltd said of the company board having approved fund raising via unsecured notes aggregating to US$ 750 million. The tenure of notes will be for 10 years starting from July 3,

CONCOR’s total container handling for Q4(Jan-Mar) FY2019 up 3% YoY @ 9,78,930 TEUs

NEW DELHI | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Container Corporation (CONCOR) of India Ltd, a multimodal logistics company and one of the Navratna public sector undertaking ventures of Indian Government reported 3% growth in the total container traffic handled for Q4 (Jan-Mar) of Financial year 2018-19

CK Birla group Co HIL has been awarded GREAT PLACE TO WORK Certification

HYDERABAD | MUMBAI | RAJKOT – In a communications submitted to the Indian Bourses on Wednesday, Hyderabad headquartered , HIL Ltd has been awarded as “Great Place to Work-CertifiedTM” for the year April 19 to March 20. Great Place to Work® is the global authority on building, sustaining and recognizing high-trust, high-performing workplace cultures. It crafted

Adani Ports 2020 target to attain 200 MMT cargo handling, achieved in 2019

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges on Wednesday, Private Port sector major Adani Ports & Special Economic Zone Ltd said of having attained 200 million metric tons combined cargo handling mark, across the ports beehived under the company’s flagship on east and west coast. With

Kandla Port acquires 18% stake in Dredging Corp of India

VISHAKHAPATNAM | NEW DELHI | MUMBAI | KANDLA-GANDHIDHAM | RAJKOT – Deendayal Port Trust (aka Kandla Port) has acquired 18% stake in Dredging Corporation of India Ltd acquiring 5 million (~50,40,101) shares, along with other three port trusts including Vishakhapatnam Port Trust, Paradip Port Trust and Jawaharlal Nehru Port Trust (aka Mumbai Port). Vide the

Two Multipurpose berths inaugurated @ Kandla Port

NEW DELHI | KANDLA-GANDHIDHAM | RAJKOT – The Union Minister for Shipping, Road Transport and Highways, Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari inaugurated two multi purpose berths – No.14 & No.16 at Deendayal Port at Kandla through video conferencing, on Friday. He also laid the foundation stone for the Central Inland &

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