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DP World looks to invest INR 2.15 bn in South India’s Telangana
The money will go towards a container depot operation in Hyderabad and a cold storage warehouse in Medchal
TODAY: Enterprise Finance Forum is a week away + The global economy is on the brink of a “shallow trade recession,” according to Oxford Economics
Good morning, lovely people. It was an eventful weekend, what with the G20 summit and a devastating earthquake hitting Morocco,…
West Coast Dockworkers ratify new labor contract + new solar-powered trucks undergoes trial
West Coast dockworkers approve new labor terms: The International Longshore and Warehouse Union — representing about 22k workers at 29…
TODAY: India further curbs rice exports + The world’s largest aircraft carrier docks in Turkey
Good morning, ladies and gentlemen. After a very busy start to the week yesterday, we bring you a much calmer…
DP World + India’s Deendayal Port Authority sign agreement to develop container terminal
The USD 510 mn agreement covers the operation, development, and maintenance of the new terminal
Indian government aims to nearly quadruple port capacity by 2047 + Hapag-Lloyd is in the running for HMM stake. PLUS: More from Maersk, INE and China
India aims to boost its port capacity to 10k metric tons a year by 2047, up from the current 2.6k,…
DP World, AD Ports sign MoUs with Ethiopia, while South Sudan and Kenya eye stronger trade ties. PLUS: More from KSA and China, Iran and India, and Jordan and Turkey
UAE + Ethiopia ink a handful of MoUs to boost cooperation: UAE’s President Mohamed bin Zayed Al Nahyan and Ethiopian…
India bans exports of white rice, triggering further food inflation
India — which is responsible for 40% of the world’s exports — has banned exports of white rice as of…
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