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Top Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal News

India becoming major maritime power: PM Modi
Narendra Modi · Mumbai

India becoming major maritime power: PM Modi

MUMBAI, Jan 15: Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world.   Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region. A destroyer, a frigate and a submarine were commissioned together for the first time on Wednesday, he no…See the Story
DP World Cochin posts 17 pc growth in cargo handling last year
Trade · Kerala

DP World Cochin posts 17 pc growth in cargo handling last year

New Delhi, Jan 16 (PTI) Logistics major DP World on Thursday said it has registered a growth of 17 per cent in cargo handling in 2024 compared to the previous year at its International Container Transshipment Terminal (ICTT) at Cochin. DP World Cochin achieved its all-time high volume in 2024 by handling 8,40,564 TEUs, the company said in a statement DP World Cochin introduced new Ship-to-Shore cranes, e-RTGs, and expanded yard space, boosting…See the Story
Zomato Infuses INR 500 Cr Into Blinkit
Delhi, India · Delhi

Zomato Infuses INR 500 Cr Into Blinkit

Listed foodtech major Zomato has infused around INR 500 Cr (about $57.7 Mn) in its quick commerce arm Blinkit.  As per Blinkit’s regulatory filings, it allotted 2,537 equity shares at an issue price of INR 19.7 Lakh (19,70,181) each to raise INR 499.83 Cr from Zomato.  “… pursuant to the resolution passed by the board of directors in its meeting held on January 6, the company has allotted 2,537 equity shares on the right issue basis,” the filing…See the Story

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