SSH completes mixed-use development project at Muscat

Adani's Vizhinjam Port to Start Transshipment

Adani Group's Vizhinjam Port has received approval from the Ministry of Ports, Shipping, and Waterways to commence India's first transshipment operations. This milestone marks a significant advancement in the port's capabilities and positions it as a key player in the global maritime trade network.

Transshipment involves the transfer of goods from one vessel to another at a port, enabling cargo to be transported more efficiently between different shipping routes. With the approval to conduct transshipment operations, Vizhinjam Port is poised to become a vital hub for international trade..

Adani's Vizhinjam Port Approved for Transshipment

Adani Group's Vizhinjam Port has received approval from the Ministry of Shipping to conduct India's first transshipment operations. This milestone positions Vizhinjam Port as a pivotal hub for transshipment activities, marking a significant advancement in India's maritime infrastructure and trade capabilities.

The Ministry's approval enables Vizhinjam Port to facilitate transshipment operations, allowing cargo to be transferred from larger vessels to smaller ones for onward transportation to final destinations. This development is poised to streamline logistics processes, reduce costs, ..

Adani's Vizhinjam Port Approved for Transshipment

Adani Group's Vizhinjam Port has received approval from the Ministry of Shipping to conduct India's first transshipment operations. This landmark decision positions Vizhinjam Port as a crucial hub for transshipment activities, enhancing India's maritime infrastructure and bolstering its trade capabilities.

The Ministry's approval allows Vizhinjam Port to handle transshipment operations, enabling the transfer of cargo from large vessels to smaller ones for onward transportation to final destinations. This strategic move is expected to streamline logistics processes, reduce costs, and en..

Shriram Finance Sells Housing Finance Business

Shriram Finance has finalised the sale of its entire 85% stake in the housing finance business to Warburg Pincus for a whopping Rs 46.30 billion. This move marks Shriram Finance's exit from the housing finance sector, signalling a strategic shift in its business focus. The deal, valued at over Rs 54 billion including a stake sale and fresh equity infusion, positions Warburg Pincus as a significant player in the Indian housing finance market.

Shriram Finance's decision to divest its housing finance arm aligns with its broader corporate strategy, aimed at optimising its portfolio and conc..

BMC Finds 188 Dilapidated Buildings in Mumbai

The Brihanmumbai Municipal Corporation (BMC) has identified 188 dilapidated buildings across Mumbai, with a significant concentration of 47 in the eastern suburbs alone. This move comes as part of the BMC's ongoing efforts to ensure structural safety and mitigate risks associated with ageing infrastructure in the city.

The identification of these dilapidated structures underscores the pressing need for proactive measures to address potential hazards and safeguard the lives of residents. The BMC's focus on monitoring and assessing the structural integrity of buildings reflects its commit..