Transportation
Infrastructure
Mercator to sell loss-making Singapore bulk cargo business
Mumbai-based shipping and logistics company Mercator Ltd has agreed to sell its Singapore bulk cargo business to three investors for ......
Infrastructure
IL&FS Transportation sells 49% in Gurgaon's rapid metro rail for $75M
IL&FS Transportation Networks Ltd said on Thursday the company and its units have sold a 49 per cent stake in ......
Infrastructure
Helicopter operator Pawan Hans considers IPO
To raise funds for its expansion plans, helicopter operator Pawan Hans expects to come out with initial share sale next ......
Infrastructure
Cabinet clears hybrid annuity model for national highways
The cabinet committee on economic affairs (CCEA), headed by Prime Minister Narendra Modi, has cleared a hybrid annuity model for ......
Infrastructure
India's domestic air passenger traffic growth hits five-year high
Domestic air passenger traffic growth hit a five-year high in 2015, driven by low prices and renewed consumer interest due ......
Infrastructure
SpiceJet posts record profit in Q3; IndiGo shares tank on plane supply delay
Budget airline SpiceJet today reported a net profit of Rs 238.40 crore for the three-month period ended December 2015, staying ......
Infrastructure
Vistara names Bhaskar Bhat chairman
Bhaskar Bhat has taken over as the new chairman of Tata-SIA joint venture Vistara, the airline said today.Bhat, who was ......
Infrastructure
India's domestic air passenger traffic up 25% in November
India's domestic passenger traffic surged by a robust 25.1 per cent in November last year, fuelled by higher capacity deployment, ......
Infrastructure
Forbes & Co to sell container freight stations, logistics business
Shapoorji Pallonji Group firm Forbes & Co Ltd has decided to sell its two container freight stations and logistics business ......
Infrastructure
Cabinet approves formation of JVs for rail infrastructure projects
The central government has cleared a proposal to float joint venture companies with various states to mobilise resources for rail ......