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Govt cleared port projects worth Rs 6,000 cr this fiscal

The Union Shipping Ministry has cleared 20 port projects involving an investment of Rs 6,000 crore, envisaging 102 million tonnes (MT) in capacity in the first nine months of the fiscal.

'Muted response to tax-free bonds by ports due to weak market'

Weak market sentiments and low coupon rates dampened the response to the tax-free bonds issued by the state-owned JNPT, Ennore Port and Dredging Corporation, last fiscal.

JNPT to raise up to Rs 2000 cr via tax-free bonds

The largest container port JNPT on Friday said it would raise up to Rs 2,000 crore through a tax-free bond issue.

JNPT to invite fresh bids for fourth terminal

The country's largest container port JNPT in Mumbai today said it would invite fresh bids for its fourth terminal facility in about 3 months, after a ABG Infra and Singapore's PSA-led consortium failed to seal a deal.

Strike affects Mumbai, port operations hit

The one-day strike call given by 11 central trade unions on Tuesday affected the commercial capital.

Govt appoints Radhakrishnan as Chairman of JNPT

The government today appointed L
Radhakrishnan, Principal Secretary to the Kerala government, as Chairman of Jawaharlal Nehru Port Trust (JNPT).

MbPT, JNPT may suffer Rs 100-cr loss due to ship collision

India`s busiest ports, MPT and Jawaharlal Nehru Port Trust are
likely to lose revenues of over Rs 100-crore together due to
collision of ships which has forced them to shut down their
operations, a senior official said.

No coercive action must be taken against JNPT: SC

The Supreme Court has instructed
the state authorities to refrain from taking any coercive action against the JNPT with regard to the payment of property tax to village panchayats
surrounding its port establishments.