Dhamra Port, jointly promoted by infrastructure conglomerate Larsen and Toubro and Tata group has been holding talks with several port operators including Adani Group.
The mega container terminal was envisaged as the largest container terminal on the east coast and will be able to handle ultra-large container vessels.
Former babus are expected to help companies in their liaison with govt agencies and increase operational efficiency.
The proposed 330 metre container berth is expected to cost Rs 600 crore and will handle more than 800,000 TEUs per annum.
India Ratings, a subsidiary of rating agency, Fitch on Monday said that its has downgraded ABG Shipyard Limited's Long-Term Issuer rating to 'IND A-' from 'IND A'.
Straight out of Agatha Christie: Why Tata IHC's Orient Express bid has historical and literary value
Orient-Express has something for which the history-conscious Tata group will be ready to walk the extra mile: A lasting name.
Ambuja Cements on Thursday reported a 77 per cent increase in its net profit at Rs 304 crore in the July-September quarter.
DHL Supply Chain, a division of global logistics provider DHL, will invest more than Rs 680 crore (100 million euros) in India as part of its expansion drive.
SLPA is in talks with Indian port companies to form consortiums to invest in Indian port projects, said people familiar with the development.
Four projects worth 22,000 crore in Tamil Nadu, Maharashtra and Kerala fail to take off after bid amounts were found unrealistic.
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