MoS launches Ayush Anudan Portal under Ayush Grid Initiative (See 'Corp Brief') IPR - Sec 17 of Trade Marks Act does not prevent protection of prominent part of composite mark where that part is distinctive: HC (See 'Legal Desk') Coal Production commences from Urtan and Dhirauli Mines in MP (See 'Corp Brief') Govt's TEAM Initiative empowering Small Businesses through Digital Commerce Enablement (See 'Corp Brief') PMLA - Provisional attachment not invalidated due to lack of competency of officer; amended provisions do not apply to transactions prior to 2016 amendment if property continues to be held: SAFEMA (See 'Legal Desk') MoRD charts roadmap for Women-Led Rural Marketing Ecosystems (See 'Corp Brief') Pharmacopoeia Commission organizes 5-Day Capacity Building Training (See 'Corp Brief') Saurabh Vijay assumes charge as CEO of Unique Identification Authority of India (See 'Corp Brief') Companies Act - Appellant company directed to change its name where it significantly resembles the name of a pre-existing company and may cause confusion: HC (See 'Legal Desk') Minister reviews technology-led underground mining, integrated smelting operations (See 'Corp Brief') Scientific Steering Committee Meeting on National One Health Mission Held in New Delhi (See 'Corp Brief') Govt launches campaign to reduce edible oil consumption (See 'Corp Brief') PMLA - Provisional attachment unsustainable when Initiating Officer fails to establish source of consideration & beneficial ownership as per Section 2(9)(A): SAFEMA (See 'Legal Desk') HM inaugurates 'Million Minds Tech Park' and 'GREMI City Campus' in Ahmedabad (See 'Corp Brief') Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy (See 'Corp Brief') Experts Discuss Yoga for Youth and Mental Wellness in Digital Era (See 'Corp Brief') Misc - RBI circular dated June 07, 2019 on 'Prudential Framework for Resolution of Stressed Assets' was policy decision taken by expert body in larger public interest: HC (See 'Legal Desk') GeM continues to support Digital Public Procurement System (See 'Corp Brief') Ministry of Education reviews strategy for mainstreaming Out-of-School children (See 'Corp Brief') Misc - NBFC cannot reposses financed vehicle through coercive means, without adherence to due process of law and in violation of RBI recovery guidelines: HC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf')

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.

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