Infrastructure assets worth over Rs 1.62 lakh crore are expected to be monetised during the current fiscal, Parliament was informed on Monday. The government had last year announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) to unlock value in infrastructure assets across sectors, ranging from power to road and railways in four years till 2025. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said about Rs 97,000 crore worth of public assets were monetised in the last fiscal (2021-22).
Two passenger ships with Indians and foreign nationals evacuated from conflict-hit Yemen are expected to reach the port on Saturday afternoon.
The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.
It had also washed its hands off the fourth container terminal at Jawaharlal Nehru Port Trust, despite making a winning bid, with Port of Singapore Authority as the lead partner.
A special court in Bengaluru has sentenced Congress MLA Sateesh Krishna Sail to seven years imprisonment and imposed hefty fines for theft and illegal export of seized iron ore from Belekeri port during 2009-10.
China on Tuesday said the activities of its high-tech research vessel will not affect the security of any country and should not be 'obstructed' by any 'third party', as the ship berthed at Sri Lanka's strategic southern port of Hambantota amid Indian and United States concerns.
The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.
Important appointments at these companies have been stuck for long
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
After New Delhi's Taj Mansingh and Taj Palace hotels, lease renewal of Indian Hotels Company's Mumbai property, the most iconic, is facing trouble.
'Women and children were crying desperately for help.' 'We had to save them first.'
The success story of Adani's Mundra Port in Gujarat, in terms of efficiency, technology and management, should be replicated at Vizhinjam to ensure that this ambitious project does not fail, say Shehzad Poonawalla and Riya Sinha.
The 2.5 minute show and sound system is installed at the Millenium Park and is part of a project of the Kolkata Port Trust's 150th anniversary celebrations. The show will replace the existing decorative lighting with 650 power-efficient LED and spotlight fittings for a programmable multi-colour lighting, including a show that will sync with music.
This is the Indian Navy's first massive evacuation exercise from foreign soil during the COVID-19 lockdown.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
'Even known names and social media handles went berserk by stating that Karachi has been attacked and an F-16 was shot down.'
"Expression of Interests would be invited shortly for building the cruise terminal that would have a marina, a convention centre, hotels, entertainment places," Mumbai Port Trust deputy chairman Ashok Kumar Bal said.
The Kolkata giants beat Calcutta Port Trust 2-0 in the IFA Premier Division Football League.
India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.
The accident occurred around 11.25 am at Visakhapatnam Port Trust's Single Point Mooring Terminal, where crude and oil supplies are handled.
They were beaten by Kolkata Port Trust in the Kolkata Super Division.
The fire broke out in an area near the Visakhapatnam Container Terminal and an Indian Oil Corporation facility where fishing boats were anchored.
Khushi fares better in emotional scenes but her chemistry with Junaid has the passion of a toothpaste campaign, observes Sukanya Verma.
Modi's'Make in India' drive launched last September included laying out a model of "port-led" development that would support industrial growth.
The INS Jalashwa, the Navy's amphibious warship, reached Male on Thursday to undertake the massive repatriation mission named 'Operation Samudra Setu' (Sea Bridge).
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
'You have to separate the concept of India as a nation State which is very young and the Upanishadic wisdom which is timeless.'
'Adani can attract vessels at a much lower cost to Vizhinjam as he has the financial muscle to do so.'
'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.
Sri Lankan President Anura Kumara Disanayaka assured Prime Minister Narendra Modi that his country's soil will not be used against India's interests, addressing concerns over China's growing influence in Colombo. The two leaders discussed a range of issues, including a defense cooperation agreement, energy ties, and debt restructuring. They also agreed to initiate a ferry service between Rameshwaram and Talaimannar, and to adopt a "humanitarian approach" to the fishermen issue.
Prime Minister Narendra Modi received a tri-services ceremonial welcome in Colombo, Sri Lanka, marking the first time such an honor has been bestowed upon a foreign leader. The welcome took place at the historic Independence Square, the venue for national day celebrations. Modi's visit comes as Sri Lanka shows signs of recovery from a recent economic crisis, with India playing a significant role in providing assistance. During the visit, both leaders are expected to discuss a range of issues, including defense cooperation, energy, and digital initiatives.
'We need to find out whether any structural element has got fatigue.' 'We want to increase the lifespan of the bridge.'
'This was a decision taken and executed by Prabhakaran and his intelligence chief Pottu Amman. Both were convinced that the assassination would not be linked to them.'
Haldia Bulk Terminals pulled out of 10-year contract for cargo-handling operations, blaming the political climate and "vested interest".
Know the forts India has nominated to the UNESCO World Heritage list.
Lieutenant Commander Prerana Pravin Deosthalee will lead an all-male crew. She is currently the first lieutenant of INS Chennai, the missile destroyer that rescued a foreign merchant ship hijacked by pirates off the coast of Somalia last week.
'These machines are standalone devices with no external connectivity, making hacking impossible. The chip in EVMs is one-time programmable, ensuring no changes can be made. Strict security and administrative protocols further prevent any tampering'
An oil tanker with 37-member crew on board on Wednesday ran aground off the city coast under the impact of high velocity winds before the landfall of cyclone 'Nilam'.
Kolkata Port Trust, the second largest port authority in the country, would be going in for a complete revamp of its operations in its drive to raise productivity.
