Japan Int'l Cooperation agency eyes Vadhavan Port funding

The Ahmedabad-Mumbai Bullet Train will be ready in 2026: Railway Minister

Ashwini Vaishnaw, Minister, Railways, said that the Ahmedabad- Mumbai bullet train will be ready in 2026 and will run in one section from Surat. He said that significant progress has been made in the construction of various stations and work has begun on the sea tunnel through which the train will reach Mumbai from Thane.

The Minister had earlier shared a video of the Mumbai-Ahmedabad 'Bullet train' corridor which will cut travel time on the 508 km route between the two cities to a mere 2 hours. "Stay tuned for #Bullet Train in Modi 3.0!," the minister had posted on X...

The Golden Ribbon

In a landmark day for Mumbai, India's longest (22 km) sea-bridge and the world's 12th longest, the Atal Setu or Mumbai Trans Harbour Sealink (MTHL) project, constructed at a cost of Rs 180 billion, was recently inaugurated. In a view shared by millions of Mumbaikars, Anand Mahindra, CEO, Mahindra Group, shared a video of the bridge on X, saying he couldn’t wait to drive down this ‘golden ribbon’.

The Mumbai Metropolitan Region Development Authority (MMRDA) was the implementing body of the six-lane elevated bridge, which originates f..

Japan's Cutting-Edge Technology Powers India's Longest Sea Bridge

In a groundbreaking feat of engineering prowess, the Mumbai Trans Harbour Link (MTHL) has emerged as India's longest sea bridge, spanning an impressive 22 kilometers. Completed in under six years, the project stands as one of the most complex mega infrastructure undertakings in the country, seamlessly blending Indian ambition with cutting-edge Japanese construction technology.

The Japan International Cooperation Agency (JICA) played a pivotal role in the realization of this ambitious project, serving as the principal financier. JICA's involvement went beyond mere financial support; it..

Indian container cargo set to expand by 8% in FY25 amidst Red Sea crisis

CareEdge Ratings forecasts that Indian container cargo volume will experience an 8% growth, reaching 342 million tonnes (mt) in FY25. They also anticipate the risk of a prolonged Red Sea crisis. In a sectoral report, the agency mentions that the connection of the Dedicated Freight Corridor to Jawaharlal Nehru Port Trust (JNPT) in FY26, coupled with capacity expansions by ports, will likely propel the growth in container volumes in the medium term. According to the report, significant adverse movements in charter rates affecting cargo volumes, as well as vessel additions by shipping lines, will..

Nalanda Capital Sells Stake in Great Eastern Shipping

Nalanda Capital has divested a 1.4% stake in Great Eastern Shipping, a prominent player in the ports and shipping industry, for a total sum of Rs. 1.90 billion. This move comes amidst evolving market dynamics and reflects Nalanda Capital's strategic realignment of its investment portfolio.

The sale of shares in Great Eastern Shipping represents a calculated decision by Nalanda Capital to optimise its investment holdings and capitalise on market opportunities. The transaction, valued at Rs. 1.90 billion, underscores the investor's confidence in realising returns while maintaining flexibi..