Jun 30, 2017: Hours after the government gave in-principle approval for “disinvestment” of debt-ridden Air India, low cost carrier IndiGo submitted its expression of interest (EoI) for the airline. IndiGo president Aditya Ghosh wrote to aviation authorities, saying his airline is interested in…

Jun 29, 2017: To expedite the railway projects and to improve coordination with state governments for faster execution, Ministry of Railways is working on a system of nodal/coordinating officers of both railways and the respective state governments. On the request of Ministry of Railways, majority…

Jun 29, 2017: One of the cargo terminals of Jawaharlal Nehru Port Trust (JNPT) has been the recent victim of the latest global ransomware attack that crippled several multinational firms. JNPT’s Gateway Terminals India (GTI), which is operated in a joint venture with Danish firm AP Moller Maersk,…

Jun 29, 2017: The government, in one of its boldest reform moves, gave in-principle approval for “disinvestment” of debt-ridden Air India. Whether or not the airline will be fully privatized is not yet known. The final modalities, including the quantum of stake sale, would be decided by a group of…

Jun 28, 2017: Minister of Shipping and Road Transport and Highways Nitin Gadkari has said that cruise tourism is one of the fastest growing components of the leisure industry worldwide, and can be a major growth driver for the Indian economy by generating huge employment opportunities. Gadkari was…

Jun 28, 2017: Minister for Railways Suresh Prabhu recently laid the foundation stone for the Final Location Survey of Bilaspur-Manali-Leh New Broad Gauge Line, at Leh. Coming up at a high of 3,300 metres, the strategically vital rail line is touted to be one of the highest railway tracks in the…

Jun 27, 2017: Air India’s subsidiary Alliance Air has announced the launch of new flights connecting Lucknow with Bhopal, Jaipur and Dehradun. The move is reportedly aimed at developing Lucknow, the capital of Uttar Pradesh, as a regional hub of Alliance Air. With effect from July 5, Alliance Air…

Jun 27, 2017: Santosh Mandlecha was installed as President of MACCIA (Maharashtra Chamber of Commerce, Industry & Agriculture) in a ceremony held in Mumbai yesterday. MACCIA is an apex body of Commerce, Industry and Agriculture of the state that facilitates progress in all sectors for sustainable…

Jun 27, 2017: The US-India Business Council (USIBC) has launched its India-Task Force on Civil Aviation that will focus on identifying opportunities for implementation based on the National Civil Aviation Policy (NCAP). To spearhead this initiative, Palash Roy Chowdhury, managing director-India,…

Jun 26, 2017: India’s major ports registered a surge in their traffic by 5.56 per cent to 113.63 million tonnes (mt) in April-May of 2017-18. The current surge could be attributed to the hike in demand. The 12 top ports had handled 107.65 mt cargo in April-May 2016. Increased demand from sectors…

Jun 26, 2017: While addressing the exporters during the Outreach Program on GST organised by FIEO at Mumbai Commerce Secretary Rita Teaotia said that GST has continued to evolve over the last many months in response to some of the concerns which has been flagged by the industry. She said that the…

Jun 26, 2017: The Government has granted in-principle approval for a greenfield airport at Jewar in Greater Noida in view of the rapidly growing flying requirements of the NCR region. Announcing this at a press conference in New Delhi, the Minister for Civil Aviation Ashok Gajapathi Raju said that…

Jun 24, 2017: Dachser Bangladesh moved to a new location in Banani, Dhaka’s modern commercial area. The new premises enables the company to accommodate future opportunities. Syed Sadaquat Hossain, Managing Director Air & Sea Logistics Bangladesh said, “The new, state-of-the-art office provides a…

Jun 24, 2017: Global logistics group DHL , with plans for $100 million investment in coming years, is working on creating new solutions for the Indian market especially focusing on GST that is going to be implemented next month. DHL wants to do this heavy investment in its supply chain operations in…

Jun 24, 2017: SpiceJet has announced the launch of four new daily non-stop flights connecting Surat to the country’s key business metros. Effective 10th July 2017, SpiceJet has launched its new daily direct flight for the Mumbai-Surat-Mumbai sector. Offering enhanced frequencies for the…

Jun 23, 2017: To meet with the growth on the carrier’s regional network, AirAsia has signed an agreement with Airbus to buy more 14 A320ceo aircraft. The contract, which is subject to AirAsia board approval, was announced at the Paris Air Show. Taking into account the latest order, the total number…

Jun 23, 2017: Minister of Railways Suresh Prabhu recently reviewed the status of internal control systems and internal audit on Indian Railways . The meeting was attended by Financial Commissioner (Railways) BN Mohapatra, Advisor Vigilance, Advisor Finance and other officials. Prabhu stressed on the…

Jun 23, 2017: Indian exports has been on an upward trend in last few months with export of USD 275 billion in last fiscal and a target of USD 325 billion to achieve in 2017-18. The export sector welcomes the introduction of GST as its spin off effect would benefit both the manufacturing and export…

Jun 23, 2017: Go Air plans to fly on regional routes under the government’s ambitious UDAN scheme and is exploring a tie up with regional airlines for it, Wolfgang Prock-Schauer, managing director and chief executive of the airline told reporters recently. The low-cost airline is also said to be…

Jun 22, 2017: As part of its strategic expansion in the emerging Mekong markets, CEVA Logistics has opened its office in Myanmar’s capital, Yangon. For the last five years, the supply chain management company has been operational in the country through a network partner, providing Freight Management…

Jun 22, 2017: Krishnapatnam Port is all set to go paperless by implementing ‘e-Xpressway’ for its container operations. A first-of-its-kind cloud based electronic platform; e-Xpressway has been developed by Gateway Media, which has provided a first-of-its-kind service by digitizing the end-to-end…

Jun 22, 2017: AirAsia India has announced that it is planning to launch its international operations by providing connectivity to Southeast Asia from next year. During the sidelines of the Paris Air Show, AirAsia Group CEO Tony Fernandes reportedly said that AirAsia India would be focusing on…

Jun 21, 2017: Maersk Line recently processed the debut shipment of papayas from Mangalore in Karnataka to Jebel Ali, UAE through its container vessel- MV Tiger Goman. This opens up a niche cargo category of shipping non-frozen goods (Fruits) using reefers from the region (Mandya, Karnataka). Reefer…

Jun 21, 2017: The GMR group is planning to bid for expansion and modernisation of existing airports in Serbia and Jamaica. GMR airports president Sidharth Kapur recently said that GMR is looking for opportunities both in India and abroad and has qualified to bid for Belgrade (Serbia) and Kingston…

Jun 21, 2017: The 7th edition of India Warehousing Show is set to bring warehousing and supply chain industry members on a single platform and explore new business opportunities. The event is taking place from 27-29 July 2017 at Pragati Maidan, New Delhi. The USP of India Warehousing Show has always…

Jun 20, 2017: SpiceJet has agreed on a deal with Boeing for 40 737 Max 10 planes. The announcement was made at the ongoing Paris Air Show. The airline said that the agreement, valued at approximately $4.74 billion at current list prices, is split evenly between 20 new orders for the 737 MAX 10 and…

Jun 19, 2017: Australia’s first 10 seat Single Engine Turbine aircraft, the AIRVAN 10, has been awarded its FAR 23 Type Certificate from the Australian Civil Aviation Safety Authority, which was followed, by the US Type Certificate being issued by the Federal Aviation Administration . SP Shukla,…

Jun 19, 2017: Dubai-based airline, flydubai , and Mercator , a global provider of software platforms and product-enabled solutions to the travel and transport industry, have agreed to extend their air cargo management contract for another seven years. The renewal agreement reaffirms the continuation…

Jun 19, 2017: The Directorate General of Civil Aviation (DGCA) has suspended Coimbatore-based carrier Air Carnival’s flying licence. The carrier did not operate a single flight since early April. While the government has been laying emphasis on the regional connectivity, this is the third regional…

Jun 19, 2017: Kochi’s first metro line started commercial operations, while Bengaluru too added a line to the existing Namma Metro under Phase 1 of the mega project. Prime Minister Narendra Modi flagged off the maiden run of the Kochi metro on Saturday, and took a short inaugural ride on one of the…

Jun 16, 2017: With realty prices stabilising after demonetisation and scope of business growing in the wake of the forth coming Goods and Services Tax (GST), Patel Integrated Logistics plans to expand its warehousing facilities over the next two years. The warehouses will be on long-term lease…

Jun 16, 2017: NITI Aayog has recommended strategic sale of about 26 percent stake in Shipping Corporation of India . This could fetch about Rs 960 crore to the exchequer. The core group of secretaries on disinvestment, headed by the cabinet secretary, discussed the proposal and has mandated the…

Jun 16, 2017: A will have to take a decision mutually within a month on who will shift operations to the revamped Terminal 2 from Terminal 1 (T1) at the Indira Gandhi International (IGI) airport. The airport operator will otherwise decide on the future course of action. This is the latest attempt by…

Jun 16, 2017: Restaurants can use Foodpanda delivery services even for the orders which have not come through the foodpanda channel as the online food ordering and delivery firm decided to provide third party logistics services to its restaurants across major cities. The initiative is now live…

Jun 15, 2017: Bolloré Logistics Singapore, a major player in international logistics and freight forwarding, has announced plan for its first automation facility with one of the world’s leading luxury products group LVMH . Supported by the Singapore Economic Development Board (EDB), the new 20,000…

Jun 15, 2017: Asia’s one of the leading sustainable urban development and business space solutions provider Ascendas-Singbridge Group is partnering with Indian industrial real estate specialist Firstspace Realty to deliver state-of-the-art logistics and industrial facilities across major warehousing…

Jun 15, 2017: Minister of Railways Suresh Prabhu inspected the new rake of Humsafar Express with additional features recently at Delhi Safdarjung Railway Station. In his Budget Speech of 2016-17, he had announced the introduction of Humsafar Express equipped with facilities like GPS-based passenger…

Jun 14, 2017: The Agricultural and Processed Food Products Export Development Authority popularly known as APEDA recently felicitated the exporters for their service in exports of Indian agro and processed food. In order to felicitate the exporters for their distinguished service in exports of…

Jun 13, 2017: Emirates SkyCargo has operated the first of its scheduled weekly freighter service to Luxembourg recently. Emirates SkyCargo’s freighter operation between Luxembourg and Dubai World Central is one of the first steps in the implementation of the strategic operational partnership between…

Jun 13, 2017: In a bid to ensure the safety of passengers, Ministry of Railways has decided to close traffic on Dhanbad-Chandrapura section due to underground fire of the Jharia coalfield from June 15. Thirteen mail and express trains along with six passenger trains will remain cancelled and seven…