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DP World is close to securing a USD 422 mn facility from Indian banks
The facility will be co-financed by India’s NaBFID and Axis Bank
An Indian freight train traveled over 70 km at high speeds without a driver
A 53-wagon Indian freight train traveled over 70 km without a driver crossing around five stations before it was stopped,…
Adani Group and UAE’s IHC’s Sirius International Holding form AI JV
The JV seeks to use its technologies to digitally transform India’s USD 175 bn digital economy
UAE’s Mubadala eyes a stake in Indian logistics company IndoSpace Core
IndoSpace Core has 50 logistics parks with 57 mn square feet of space both delivered or under development
Alstom is in a pickle + Adani Group secures US funding for major port expansion
Trouble on the rails: French rolling stock manufacturer Alstom’s shares have plunged in value after it warned last month that…
DP World lines up new freezone + terminal expansion at Cochin
The company has inked two MoUs laying the groundwork for the next phase of capability and capacity expansion at the…
India extends sugar curbs in big blow to global food and beverage players + General Motors pushes back EV pickup truck production amid faltering demand
India has extended its sugar export restrictions beyond 31 October to protect its domestic supplies, Bloomberg reports, citing a notice…
DP World inks MoU to develop India’s Vadhvan Port
The port expects to add container capacity of some 15 mn TEUs by 2035, and 23.9 mn TEUs by 2040
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