Transportation
Infrastructure
Gati scouting for investors in loss-making cold chain business
Logistics firm Gati Ltd is looking for a strategic partner or a financial investor for its cold chain business Gati ......
Infrastructure
Jet Airways' CEO Gary Kenneth Toomey resigns after brief 7-month stint
Gary Kenneth Toomey, chief executive officer of India's second-largest airline by passenger numbers Jet Airways (India) Ltd, has stepped down ......
Infrastructure
Alstom India to sell transportation systems unit to French parent for around $29M
Alstom India Ltd, a public listed local subsidiary of French conglomerate Alstom, is selling its transportation system unit to Alstom ......
Infrastructure
Gujarat High Court orders closure of a part of Mundra SEZ
The division bench of the Gujarat High Court has ordered Adani Ports & Special Economic Zone Ltd (APSEZ), India's largest ......
Infrastructure
Restrictions on local carriers flying abroad set to ease
India could ease restrictions that prevent its domestic airlines from flying on international services within a month, potentially benefitting start-ups ......
Infrastructure
Aspada investing $1.6M in supply chain solutions firm ThinkLink
Bangalore-based early stage investment firm Aspada, which is backed by US-based Soros Economic Development Fund, is investing Rs 10 crore ......
Infrastructure
RBI gives infrastructure status to MRO operations for easier overseas borrowing
The Reserve Bank of India (RBI) has included ‘Maintenance, Repairs and Overhaul’ operations under the airport infrastructure category, in a ......
Infrastructure
SpiceJet orders Boeing jets worth over $4B
Indian budget airline SpiceJet has agreed to buy around 40 Boeing 737 passenger jets worth over $4 billion at list ......
Infrastructure
GMR to sell entire 40% stake in Istanbul airport to Malaysia Airport for $308M
GMR Infrastructure Ltd is selling its 40 per cent stake in Istanbul’s Sabiha Gokcen International Airport and the firm which ......
Infrastructure
Allcargo Logistics to acquire controlling stake in the Dutch firm FCL Marine
Allcargo Logistics Ltd has acquired controlling equity stake in Netherlands-based logistics company FCL Marine Rotterdam through its wholly-owned arm Ecuhold ......