Red Sea Crisis: Logistics Cost Concerns

01 Feb 2024 CW Team

R Raman Shankar, CFO, Larsen & Toubro (L&T) points out the looming possibility of increased logistics costs for the company due to the Red Sea crisis. The article explores the CFO's insights into the potential impact on L&T's operations and the broader concerns arising from the crisis in the Red Sea.

The report provides context to the Red Sea crisis and its potential implications on global trade and logistics. Mr. Raman's observations shed light on the challenges faced by companies like L&T in managing logistics operations amidst geopolitical disruptions.

Stakeholders in the infrastructure and shipping sectors gain valuable information about the potential cost escalation and operational challenges posed by the Red Sea crisis. The article serves as a timely update on the evolving situation and its repercussions on the logistics landscape.

As L&T navigates through the complexities of the Red Sea crisis, the CFO's comments offer insights into the company's awareness of the challenges and its proactive approach in addressing potential cost impacts. The article contributes to a broader understanding of the interconnectedness of global trade and the ripple effects of geopolitical events on logistics and infrastructure operations.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..