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Transportation

Railways to redevelop 400 stations, monetise land and air space: Suresh Prabhu

Infrastructure

16 December, 2016

Railways to redevelop 400 stations, monetise land and air space: Suresh Prabhu

Customer is now at the centre of planning and implementation of railway infrastructure, said railways minister Suresh Prabhu at the ......

What's ‘hyperloop' and can it really solve India's transport woes?

Infrastructure

07 December, 2016

What's ‘hyperloop' and can it really solve India's transport woes?

On Wednesday, news reports said that Hyperloop Transportation Technologies (HTT), a US start-up, is in talks with the Indian government ......

Tata Steel sells tug services unit to Adani Ports for $15.7 mn

Infrastructure

09 December, 2016

Tata Steel sells tug services unit to Adani Ports for $15.7 mn

A Tata Steel subsidiary has sold its tug services firm to Adani Ports and Special Economic Zone (APSEZ) for Rs ......

Meru Cabs CEO steps down, CTO Nilesh Sangoi to take over

Infrastructure

29 November, 2016

Meru Cabs CEO steps down, CTO Nilesh Sangoi to take over

Meru Cabs CEO Siddhartha Pahwa has resigned from the Mumbai-based radio taxi firm and will be replaced by CTO Nilesh ......

Mittu Chandilya moves court seeking $4 mn in damages from AirAsia, Deloitte

Infrastructure

25 November, 2016

Mittu Chandilya moves court seeking $4 mn in damages from AirAsia, Deloitte

Former AirAsia India CEO Mittu Chandilya has approached a civil court in Bengaluru against the low-cost airline and audit firm ......

Warburg Pincus invests $75 mn in logistics startup Rivigo

Infrastructure

07 November, 2016

Warburg Pincus invests $75 mn in logistics startup Rivigo

Gurgaon-based logistics services provider TrucksFirst Services Pvt. Ltd, which operates Rivigo, has secured $75 million (Rs 500 crore) from private ......

Canada's CDPQ buys into TVS Logistics; KKR and Goldman to exit

Infrastructure

19 October, 2016

Canada's CDPQ buys into TVS Logistics; KKR and Goldman to exit

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest $155 million (more than Rs ......

Air India posts first operating profit since merger with Indian Airlines

Infrastructure

15 October, 2016

Air India posts first operating profit since merger with Indian Airlines

For the first time in a decade, Air India has reported an operating profit of Rs 105 crore in 2015-16, ......

StanChart files criminal complaint against ABG Shipyard, promoter Rishi Agarwal

Infrastructure

10 October, 2016

StanChart files criminal complaint against ABG Shipyard, promoter Rishi Agarwal

Standard Chartered Bank (SCB) has filed a criminal complaint with Economic Offences Wing (EOW) of Maharashtra Police against Mumbai-based ABG ......

IVFA-controlled Inlogistics hires banker for fresh PE deal

Transportation

07 October, 2016

IVFA-controlled Inlogistics hires banker for fresh PE deal

Innovative B2B Logistics Pvt. Ltd, which runs private container trains and offers warehousing services and operates ......

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