Union Minister chairs meeting with Food Ministers of 5 States (See 'Corp Brief') A&C - When existence of arbitration clause is evident from perusal of Service Agreement, there is no impediment in appointing independent Sole Arbitrator for adjudicating disputes between parties: HC (See 'Legal Desk') TRAI releases Draft Telecommunication Tariff Order, 2025 (See 'Corp Brief') IPR - Deceptively similar trademark which is likely to confuse customers, amounts to infringment, and calls for injunction: HC (See 'Legal Desk') Minister invites Global Community to invest in Mining Industry (See 'Corp Brief') A&C - Where reference application u/s 8 was made long after expiry of outer limit of 120 days from date of service of summons, such reference could not be construed to have been made at earliest: HC (See 'Legal Desk') Minister inaugurates India Pavilion at Heimtextil 2025, Frankfurt (See 'Corp Brief') Trade Marks Act - Defendants have been unauthorisedly using mark 'TATA': HC (See 'Legal Desk') DPIIT joins hands with ITC to bolster India's startup ecosystem (See 'Corp Brief') IBC - During CIRP, RP is continuously making payment of license fees and Applicant is accepting that payment, so there is no merit in prayers made by Applicant seeking possession of property: NCLT (See 'Legal Desk') 8.21 lakh houses to be constructed under PMAY-G: Chauhan (See 'Corp Brief') Indian Limitation Act - Execution application has not been filed beyond period of limitation: HC (See 'Legal Desk') CCI okays sale of 34% equity of Ashoka Concessions to Ashoka Buildcon (See 'Corp Brief') A&C - High Court which exercises original civil jurisdiction can't be classified as 'Court' for purpose of Sec 42 of Arbitration Act when it merely appointed arbitrators u/s 11(6): HC (See 'Legal Desk') 100% coverage under Social Security Schemes for All BoC workers urged (See 'Corp Brief') A&C - Order passed u/s 11 based on arbitration clause, cannot be recalled merely on ground that reply given to notice u/s 21 was suppressed: HC (See 'Legal Desk') India Energy Week 2025 to redefine Global Energy Dialogue (See 'Corp Brief') Misc - Supreme Court calls for report from Union Government on effective availability of video conferencing facility for lawyers & litigants in Tribunals functioning within its jurisdiction: SC (See 'Legal Desk') C-DOT, IIT Mandi sign MoU for developing Semiconductor Chip (See 'Corp Brief') FEMA - Mere delay in submitting export documents would not disqualify credit advanced as 'export credit': HC (See 'Legal Desk') 40 Livestock Projects Worth More than Rs. 545 Crores to be inaugurated (See 'Corp Brief') PMLA - Initial complaint can be filed by ED u/s 44 of PMLA, even if investigation is not fully completed: HC (See 'Legal Desk') SECL launches Post-Retirement Benefit Cell (See 'Corp Brief') FRs act of modifying of usual modus operandi of front running, by adopting novel approach to benefit from NPI with respect to substantial impending transaction of Big Client, calls for stringent action: SEBI (See 'Legal Desk') Minister urges J&K youth to embrace Start-ups (See 'Corp Brief') Contempt of Courts Act - Contempt petition which is attempt to wriggle out of conundrum which petitioner is facing in proceedings before DRT, should not be allowed: HC (See 'Legal Desk') PLI 2.0 fueling India's IT Hardware Revolution (See 'Corp Brief') Stamps Act - Rejection of petitioner's bid is wrong and arbitrary on ground that affidavit is not containing stamp of notary: HC (See 'Legal Desk')

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