'Haj Suvidha App' is for convenience of pilgrims: Rijiju (See 'Corp Brief') Bharat Tex is perfect example of industry-govt collaboration: Textiles Secretary (See 'Corp Brief') Arbitration Act - If respondent had waived right to raise objection regarding legal capacity of applicant to move application for appointment of Arbitrator, he cannot be permitted to raise objection at belated stage: HC (See 'Legal Desk') Web-portal enables citizens to participate in Youth Parliament program (See 'Corp Brief') BIS hosts Annual Convention in Healthcare Sector (See 'Corp Brief') SARFAESI - Claims of secured creditor precede claims of Sales Tax/VAT Departments; charge created by Sales Tax Department subsequent to charge created by bank under SARFAESI Act, lacks legal standing: HC (See 'Legal Desk') Unlocking creativity through Trailer Making Competition (See 'Corp Brief') India's First Ferret Research Facility dedicated to Nation (See 'Corp Brief') IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016- There is fiduciary angle to relationship between IP and IBBI: IBBI (See 'Legal Desk') IEPFA signs MoU with Association of Chartered Certified Accountants (See 'Corp Brief') Secretary chairs Stakeholders' Meeting to review preparations of India Steel 2025 (See 'Corp Brief') IBC - Non Fund Based facilities cannot be refused to be disbursed when approved Resolution Plan contains clause for their disbursement: NCLAT (See 'Legal Desk') Govt taking steps for Door-to-Door gas supply through pipeline (See 'Corp Brief') PMLA - Court woud not interfer with order passed as apellant fails to give explanation for embezzlement of funds: TRIBUNAL (See 'Legal Desk') Business trusts to pay tax at maximum marginal rate (See 'Corp Brief') Focus on nuclear energy to strengthen power infra: Manohar Lal (See 'Corp Brief') A&C - Mere existence of arbitration clause in agreement does not bar jurisdiction of civil court automatically: HC (See 'Legal Desk') Budget proposes surcharge levy on firms (See 'Corp Brief') A&C - Award without reasons would suffer from patent illegality as it completely ignores vital provisions of the agreement: HC (See 'Legal Desk') Budget offers incentives for International Finances Services Centre units (See 'Corp Brief') IBC - Copy of Resolution Plans submitted by other Prospective Resolution Applicants cannot be shared in advance with suspended management of corporate debtor, if suspended management is also RP: NCLAT (See 'Legal Desk') 'Bharattradenet' for global trade to be set up for trade financing (See 'Corp Brief') Arbitration Act - Court to appoint independent sole arbitrator as appointment procedure choosed by parties is no longer valid: HC (See 'Legal Desk')

Print

Paradip Port sets new record with 41.12 mn MT of Cargo Handling in First 100 Days

Published: Jul 11, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 11, 2024: PARADIP Port Authority (PPA) has marked a momentous achievement in its operational history, clocking an unprecedented 41.12 Million Metric Tons (MMT) cargo handling within the first 100 days of the fiscal year 2024-25. This outstanding performance sets a new record for the port, reflecting a 4.78 per cent growth compared to the 39.25 MMT achieved during the same period in the previous fiscal year, FY 2023-24.

This significant accomplishment underscores the port's critical role in bolstering India's maritime infrastructure and its unwavering commitment to enhancing operational efficiency and capacity.

Under the dynamic leadership and visionary guidance of Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, PPA has surpassed its previous benchmarks, showcasing notable growth and efficiency in its operations.

PPA Chairman, P.L. Haranadh, expressed his deep gratitude to the Minister, attributing this monumental success to his unwavering support and strategic direction.

This achievement highlights Paradip Port Authority's ongoing commitment to setting new benchmarks in cargo handling and contributing significantly to the nation's economic growth. As PPA continues to expand its capabilities and improve its services, it remains dedicated to supporting India's maritime infrastructure and fostering economic development.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.