October 13, 2026
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Tata Motors Quarterly Profit Rises 8.3% on Strong Demand

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Tata Motors reported an 8.3% increase in quarterly profit on Wednesday, supported by strong demand from infrastructure, logistics and freight customers. The higher volumes helped the automaker offset rising commodity costs linked to the ongoing Middle East conflict. The company posted a profit of ₹15.28 billion ($160.3 million) for the April-June quarter, compared with Continue Reading
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India Exempts GIFT City Firms from Foreign Vessel Licensing

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The Indian government has exempted businesses operating in Gujarat International Finance Tec-City (GIFT City) from obtaining licenses to charter foreign vessels for export, import cargo movement, and international trade operations. The move is aimed at simplifying regulations and making cross-border shipping activities more efficient for companies based in the financial Continue Reading
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Kerala Says It Was Not Consulted on MSC’s $1.4 Billion Investment in Vizhinjam Port

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Kerala Chief Minister V.D. Satheesan has said the state government was not consulted about MSC Group’s proposed $1.4 billion investment in the Vizhinjam Port, where the Swiss shipping giant plans to acquire a 49% stake in partnership with Adani Ports and Special Economic Zone. The investment, announced earlier this week, is expected to become the […]Continue Reading
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India Opens 600 Km Expressway In Uttar Pradesh To Boost Connectivity

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Narendra Modi inaugurated one of India’s longest expressways, spanning nearly 600 km across Uttar Pradesh, connecting 12 districts. The project is expected to significantly cut travel time between Meerut and Prayagraj, improving regional connectivity and transport efficiency. Built at a cost of about $4 billion (over 362 billion rupees), the six-lane greenfield corridor Continue Reading
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Amazon India to Invest ₹2,800 Crore to Boost Logistics and Worker Welfare

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Amazon India on Thursday announced an investment of over ₹2,800 crore to strengthen its logistics network, enhance worker safety, and improve the financial well-being of its workforce. The funding will be used to expand and upgrade fulfilment centres, sortation hubs, and last-mile delivery stations across the country. The move is part of the company’s broader […]Continue Reading
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UP Signs ₹4,458 Crore Aviation Projects Deal with AISATS for Noida International Airport

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The Uttar Pradesh government has signed a memorandum of understanding (MoU) with AISATS to invest ₹4,458 crore in two major aviation service projects at the upcoming Noida International Airport in Jewar, officials said on Sunday. The agreement was finalized during Chief Minister Yogi Adityanath’s ongoing visit to Singapore, marking a key outcome of the state’s […]Continue Reading
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Kerala’s Inland Water Transport Network: Major Challenges and Solutions

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By Shri V P Nandakumar, Chairman and Managing Director, Manappuram Finance Ltd. Kerala enjoys the unique advantage of a 590-km coastline and nearly 1,687 km of inland water transport (IWT) routes. The network comprises the main arterial West Coast Canal (WCC) and several feeder canals. The Kovalam–Bekal WCC, which forms part of National Waterway-3, connects […]Continue Reading
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India’s First Maritime NBFC OKs ₹25,000-Crore Borrowing Plan to Boost Port & Shipping Growth

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India’s first dedicated maritime-sector NBFC, Sagarmala Finance Corporation Limited (SMFCL), has secured board approval to raise up to ₹25,000 crore to expand long-term funding for ports, shipyards, coastal logistics and related infrastructure. Approved at the company’s Annual General Meeting, the borrowing plan allows SMFCL to raise capital through banks, financial Continue Reading

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