Adani Ports signs concession agreement for multipurpose terminal at Deendayal Port

16 Sep 2024 CW Team

Adani Ports and Special Economic Zone (APSEZ) has entered into a concession agreement for the development of a multipurpose terminal at Deendayal Port. This strategic move aims to enhance the port’s operational capacity and service efficiency. The agreement marks a significant milestone in APSEZ’s expansion plans and is expected to bolster cargo handling capabilities at the port.

The multipurpose terminal will support various types of cargo, including containers, bulk, and breakbulk goods, aligning with the growing demands of international trade. The development of this terminal is anticipated to strengthen Deendayal Port’s position as a key logistics hub and contribute to regional economic growth.

Infrastructure Urban

07 Oct 2025

IFCCI, NITI Aayog Partner To Boost Innovation In Schools

The Indo-French Chamber of Commerce & Industry (IFCCI) and the Atal Innovation Mission (AIM), NITI Aayog, Government of India, have signed a Statement of Intent (SoI) on 19 September 2025 to strengthen collaboration in education and innovation. The signing took place at the Embassy of France in New Delhi during the 3rd Edition of IFCCI CSR Connect Day 2025, held under the theme “Collaborating for Scale – Cross-Sectoral Partnerships for Sustainable Development.”The event brought together over 100 participants, including Indian and French corporate leaders, diplomats, government repres..

Vedanta To Invest Rs 132 Billion To Boost Aluminium Capacity

Anil Agarwal-led Vedanta Ltd plans to invest Rs 132 billion to expand its aluminium production capacity to 3.1 million tonnes per annum (MTPA) by FY28, up from the current 2.4 MTPA, according to industry sources.Anchoring aluminium at the core of its growth strategy, Vedanta aims to ramp up capacity in phases — first reaching 2.75 MTPA by FY26, and achieving 3.1 MTPA by FY28. The investment will be spread over the next few years, underscoring the company’s confidence in aluminium’s role in India’s industrial future.Aluminium, the world’s second most consumed metal after steel, is gai..

UCO, Punjab & Sind Bank Report Strong Q2 Credit Growth

State-owned UCO Bank has reported a 16.6 per cent year-on-year growth in credit to Rs 2.31 trillion for the second quarter of FY26, compared with Rs 1.98 trillion at the end of September 2024, according to a regulatory filing.The Kolkata-based lender also recorded a 10.8 per cent rise in total deposits to Rs 3.06 trillion, up from Rs 2.76 trillion in the same period last year. Its total business increased by 13.2 per cent, reaching Rs 5.37 trillion, compared with Rs 4.74 trillion a year earlier.The bank’s Current Account and Savings Account (CASA) ratio stood at 38.1 per cent of total deposi..