Adani Ports and Special Economic Zone Ltd (APSEZ), a leading force in India’s port infrastructure, has taken a major leap by acquiring an 80% stake in Astro Offshore for $185 million. This strategic acquisition marks a significant expansion for Adani Ports into the offshore logistics and services sector. Astro Offshore, renowned for its expertise in Read More…
Prime Minister Narendra Modi has voiced strong disapproval and called for a formal apology in the wake of the recent collapse of a statue of Chhatrapati Shivaji Maharaj in Maharashtra. The statue, which was under construction or installation at the time, fell and was damaged, causing significant outrage among local communities and beyond. The incident Read More…
In a significant shift for Indian aviation, Vistara will stop taking bookings for flights scheduled on or after November 12, 2024, as it prepares to merge with Air India. The last Vistara-branded flight will be on November 11, 2024, after which the airline’s operations will be fully integrated into Air India. This merger, announced in Read More…
Today, Prime Minister Narendra Modi laid the foundation stone for the Rs 76,000 crore Vadhvan Port in Maharashtra, marking the beginning of a transformative project that is poised to become one of India’s largest deep-water ports. Located near Dahanu in Palghar district, this ambitious initiative is set to reshape India’s maritime landscape and boost its Read More…
New Delhi: In a landmark decision, the Union Cabinet, led by Prime Minister Narendra Modi, has approved the creation of 12 cutting-edge industrial smart cities across 10 states, a move poised to transform India’s industrial landscape. Announced by Union Minister Ashwini Vaishnaw, this ambitious project is a significant push towards bolstering manufacturing capabilities, enhancing economic Read More…
New Delhi: India’s robust economic growth continued in August, as a stronger services sector offset a slight slowdown in manufacturing expansion. This positive trend suggests that India will maintain its position as the world’s fastest-growing major economy despite global economic uncertainties. According to the HSBC’s flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Read More…
New Delhi: Prime Minister Narendra Modi embarked on a landmark three-day visit to Poland, marking the first visit by an Indian PM in 45 years. This visit coincides with the 70th anniversary of diplomatic relations between the two nations. A significant chapter in their shared history is the World War II-era, when over 6,000 Polish Read More…