News for 'cargo'

Prices of key Covid bulk drugs shoot up as demand rises

Prices of key Covid bulk drugs shoot up as demand rises

Rediff.com12 May 2021

The API of Paracetamol, a fever and pain medication, has grown 25 per cent from Rs 450-480 per kg in December 2020 to Rs 580-600 per kg in April. When compared to the pre-Covid prices of December 2019, the surge is much steeper -- around 140 per cent, reports Sohini Das.

UAE urges India to revise air services pact

UAE urges India to revise air services pact

Rediff.com25 Jun 2019

Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.

India may be the favourite FDI destination in near future

India may be the favourite FDI destination in near future

Rediff.com13 Oct 2020

India has emerged as one of the top three choices for investments in the next 2-3 years, with more than two-thirds of respondents in a survey of multinational companies (MNCs) citing the country as their number one choice for future investments. According to the FDI survey released on Tuesday by CII in association with EY, about half of the respondents see India amongst the top three economies or leading manufacturing destinations of the world by 2025.

India-Pakistan tensions may not impact insurance covers, say experts

India-Pakistan tensions may not impact insurance covers, say experts

Rediff.com1 Mar 2019

All covers have a war exclusion clause. For cargo, shipping, and aviation industries, war schemes are available.

India, Lanka battle fire on board oil tanker, 1 crew dead

India, Lanka battle fire on board oil tanker, 1 crew dead

Rediff.com4 Sep 2020

The navy said that so far the 270,000 metric tonnes of crude oil it was carrying had not been affected by the fire.

Netflix has spent 3,000 crores on India programs

Netflix has spent 3,000 crores on India programs

Rediff.com18 Oct 2020

Since its entry in 2016, Netflix has announced over 60 titles to be sourced from India.

Middle Class STOPPED GROWING Under Modi

Middle Class STOPPED GROWING Under Modi

Rediff.com2 Aug 2021

Like on Pegasus, like Covid, there have been no answers from the government about why the situation on the economy and India's future is where it is today, notes Aakar Patel.

Tatas, US-based fund among Air India bidders

Tatas, US-based fund among Air India bidders

Rediff.com14 Dec 2020

Salt-to-software conglomerate Tata group was among "multiple" entities who on Monday put in preliminary bids for buying the government's stake in loss-making carrier Air India.

India Post turns lifesaver during COVID-19

India Post turns lifesaver during COVID-19

Rediff.com17 Apr 2020

The world's largest postal service is stepping in to help deliver lifesaving medicines during a countrywide lockdown aimed at tackling the coronavirus pandemic.

No blockade, all tracks cleared, says Punjab; Railways disagrees

No blockade, all tracks cleared, says Punjab; Railways disagrees

Rediff.com7 Nov 2020

'The rail network all across the state of Punjab is presently totally clear for uninterrupted movement of goods trains,' a home department statement said in Chandigarh. However, hours after the Punjab government's statement, the Railways accused it of 'misguiding' people over the extent of blockade of rail tracks in the state by the protesting farmers.

Ganga to get country's first inland waterway

Ganga to get country's first inland waterway

Rediff.com6 Feb 2018

India, World Bank ink $375 mn deal to help develop country's first waterway

Domestic passenger flights to resume in phased manner from May 25

Domestic passenger flights to resume in phased manner from May 25

Rediff.com20 May 2020

All airports and air carriers are being informed to be ready for operations from May 25. SOPs for passenger movement are also being separately issued by the ministry of civil aviation.

Airport PPP model leads to better infrastructure, revenues

Airport PPP model leads to better infrastructure, revenues

Rediff.com27 Feb 2015

The civil aviation sector is witnessing a number of initiatives

Slow take-off for GST e-way bill likely as traders stock up early

Slow take-off for GST e-way bill likely as traders stock up early

Rediff.com3 Apr 2018

The system has gone through three rounds of testing for its load-bearing capacity.

KLM has really BIG plans for India

KLM has really BIG plans for India

Rediff.com5 May 2017

Together with Jet Airways we will have 61 flights to Amsterdam and Paris during the winter season. That also makes us the second largest airline group after Lufthansa, which has 67 weekly flights, and we are catching up to become the first, says KLM CEO Pieter Elbers.

7 MUST WATCH FILMS of 2021

7 MUST WATCH FILMS of 2021

Rediff.com25 Dec 2021

Some movies of 2021 excelled in content but yet, they did not do well.

Amazing images of world's biggest transport plane

Amazing images of world's biggest transport plane

Rediff.com25 Mar 2013

The Beluga carries complete sections of Airbus aircraft from different production sites to the final assembly lines in Toulouse or Hamburg.

Adani buys Dhamra Port for Rs 5,500 crore

Adani buys Dhamra Port for Rs 5,500 crore

Rediff.com16 May 2014

Adani Ports has agreed to acquire DhamraPort in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL) for about Rs 5,500 crore.

Cairn going all out to make Indian govt pay $1.2 bn arbitration award

Cairn going all out to make Indian govt pay $1.2 bn arbitration award

Rediff.com28 Mar 2021

UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Rediff.com27 Jun 2021

After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.

India eyes 60% share of global ship recycling biz

India eyes 60% share of global ship recycling biz

Rediff.com25 Dec 2019

Currently, India recycles around 300 of the 1,000 ships which are demolished per annum globally. However, countries like Japan, Europe and the US were not sending their ships for recycling to India in the absence of ratification of a global convention. That scenario is set to change with the Recycling of Ships Act, 2019.

'Unfair to allow airlines to book tickets from April 15'

'Unfair to allow airlines to book tickets from April 15'

Rediff.com9 Apr 2020

Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.

India building new road to Ladakh for troop movement

India building new road to Ladakh for troop movement

Rediff.com19 Aug 2020

Sources said the work has already started on this project and the new road will connect Manali with Leh near Nimu where Prime Minister Narendra Modi had recently visited during the ongoing conflict with China.

Cyclone Yaas likely to be more severe than Amphan: Mamata

Cyclone Yaas likely to be more severe than Amphan: Mamata

Rediff.com24 May 2021

Banerjee said the state is targeting to shift at least 10 lakh people to safer places in a bid to avoid any loss of life.

Guwahati: Suspicious packet creates panic, delays flight

Guwahati: Suspicious packet creates panic, delays flight

Rediff.com1 Jun 2013

A packet, suspected to be carrying explosives, recovered from the cargo section of a Guwahati-New Delhi Spice Jet aircraft, on Saturday created panic and delayed the flight at the LokopriyoGopinathBordoloiInternationalAirport at Borjhar, police said.

Air Deccan founder may lose it all, even his house

Air Deccan founder may lose it all, even his house

Rediff.com21 May 2013

How Captain Gopinath's new aviation business crash landed.

UP govt notifies land for Rs 16,000 cr Noida's Jewar airport

UP govt notifies land for Rs 16,000 cr Noida's Jewar airport

Rediff.com21 Jan 2019

The airport would comprise two runways and handle 70 million passengers and 3 million tonnes cargo annually when fully developed.

3 big-ticket divestments: Govt to sell stake in BPCL, SCI, Concor

3 big-ticket divestments: Govt to sell stake in BPCL, SCI, Concor

Rediff.com20 Nov 2019

At the same time, the Cabinet approved reducing government's stake in select PSUs such as IOC to below 51 per cent while continuing to retain management control.

India offers 10% stake in Petronet to Qatar

India offers 10% stake in Petronet to Qatar

Rediff.com14 Jan 2009

India on Wednesday offered Qatar a 10 per cent stake in Petronet LNG Ltd to get the worlds largest liquefied natural gas exporter to sell 18 more LNG cargoes this year and agree on a long-term supply deal for meeting fuel needs of beleaguered Dabhol power plant.

11 killed after giant crane collapses at Visakhapatnam shipyard

11 killed after giant crane collapses at Visakhapatnam shipyard

Rediff.com1 Aug 2020

TV visuals showed the giant crane falling on the ground with a loud thud.

SpiceJet hits air pocket as losses mount

SpiceJet hits air pocket as losses mount

Rediff.com30 Jul 2020

On a full year basis, the airline made a loss of Rs 934.8 crore. The company has incurred a net loss during the current and previous year and, the its current liabilities exceeded its current assets

Pakistan condemns ship seizure by India

Pakistan condemns ship seizure by India

Rediff.com27 Jun 2010

Pakistan reacted strongly to the seizure by India of a ship carrying equipment used by Pakistan and Bangladesh for UN peacekeeping missions on Sunday.

ED registers money laundering case in Kerala gold smuggling

ED registers money laundering case in Kerala gold smuggling

Rediff.com22 Jul 2020

The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.

Goldman Sachs lowers India's growth forecast for FY21 to 11.1%

Goldman Sachs lowers India's growth forecast for FY21 to 11.1%

Rediff.com4 May 2021

Wall Street brokerage Goldman Sachs has lowered its estimate for India's economic growth to 11.1 per cent in fiscal year to March 31, 2022, as a number of cities and states announced lockdowns of varying intensities to check spread of coronavirus infections. India is suffering the world's worst outbreak of COVID-19 cases, with deaths crossing 2.22 lakh and new cases above 3.5 lakh daily. This has led to demand for imposition of nationwide strict lockdowns to stem the spread of the virus - a move that the Modi government has so far avoided after the economic devastation last year from a similar strategy.

Flights will resume when COVID-19 is controlled: Govt

Flights will resume when COVID-19 is controlled: Govt

Rediff.com20 Apr 2020

The minister also said a directive was issued on Sunday to airlines, restraining them from doing open bookings since they did not heed to government's advice in the matter

New Swift sports plenty of features for the tech-savvy

New Swift sports plenty of features for the tech-savvy

Rediff.com13 Feb 2018

The new Swift has been built on the fifth-generation HEARTECT platform, which improves the hatchback's strength and rigidity while also benefitting its power to weight ratio.

Top freighter firms set to land in India

Top freighter firms set to land in India

Rediff.com17 Nov 2006

Lured by the fast-growing cargo operations, leading freighter companies have joined the race to enter India in a big way

Govt to set up two ports in Andhra Pradesh, West Bengal

Govt to set up two ports in Andhra Pradesh, West Bengal

Rediff.com28 Feb 2013

At present there are 12 major ports in India.

74 killed in massive fire on train in Pakistan

74 killed in massive fire on train in Pakistan

Rediff.com31 Oct 2019

The Railways Minister said gas stoves carried by some passengers blew up when they were preparing breakfast on the speeding train in violation of rules.

Nilam: Search ops on for missing ship crew in Chennai

Nilam: Search ops on for missing ship crew in Chennai

Rediff.com1 Nov 2012

Search operations are in full swing for the missing crew members of the Indian vessel Prathibha Cauvery, which ran aground following strong winds due to Cyclone Nilam, which made landfall on the southeast coast on Wednesday evening.