WCL emerges as Growth Engine of Coal India, Records Strong Growth in Production (See 'Corp Brief') A&C - Judicial intervention in arbitral proceedings is warranted only in exceptional cases, such as where party is left remediless under the statute or where clear bad faith is established: HC (See 'Legal Desk') DPIIT implements Special Campaign to minimise Pendency Across Offices (See 'Corp Brief') SEBI ACT - Provisions of SEBI (Prohibition of Insider Trading) Regulations are violated where an employee of the Company, possessed & communicated Unpublished Price Sensitive Information regarding its forthcoming financial results to an outsider who then traded in company's shares based on such information: SAT (See 'Legal Desk') CCI approves acquisition of certain stake in Vodafone Group PLC by Vega SAS (See 'Corp Brief') CCI approves acquisition of equity of Solenergi Power by Aditya Birla Renewables (See 'Corp Brief') CCI approves acquisition of certain shareholding in Navi Ltd by MIH Payments (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - A post-admission settlement can automatically bypass statutory mechanism mandated under Section 12A of the IBC, 2016, particularly in light of stringent amended provisions governing withdrawal of admitted applications: NCLAT (See 'Legal Desk') CCI approves acquisition of equity share capital of IntelliSmart Infrastructure by Adani Energy (See 'Corp Brief') CCI approves merger of Sapphire Foods India with and into Devyani International (See 'Corp Brief') 87 Crores Individuals Screened for Oral, Breast and Cervical Cancers (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - Liquidator's claim for refund cannot be adjudicated in the summary jurisdiction under Section 60(5) of the Code, more so where the parties' claims have not been crystallised through adjudication: NCLT (See 'Legal Desk') India-BLEU Joint Economic Commission Session Held in Luxembourg (See 'Corp Brief') India to promote South-South Cooperation and share Agricultural Innovations (See 'Corp Brief') Companies Act, 2013 - Pendency of challenge to a judgment before a Division Bench does not extinguish its binding force, where judgment is neither set aside nor stayed: HC (See 'Legal Desk') Of 137 commercial mines allocated since 2020, 25 are producing (See 'Corp Brief') MoS releases Foreign Language Compendium of DRDO Products for engagement with international partners (See 'Corp Brief') Trade Marks Act, 1999 - Court's intervention is needed where the parties furnish affidavits making undertakings that effectively resolve the issues at hand: HC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

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NICDC Logistics & Infrastructure Development Board sign MoU to enhance Logistics in Gujarat

Published: Jul 13, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 13, 2024: NATIONAL Industrial Corridor Development Corporation Limited (NICDC) Logistics Data Services Limited (NLDS) and Gujarat Infrastructure Development Board (GIDB) signed a Memorandum of Understanding (MoU) to digitize the logistics landscape in Gujarat by leveraging Unified Logistics Interface Platform (ULIP). The MoU was signed by CEO & MD, NICDC, and Chairman, NLDS, Rajat Kumar Saini and CEO, GIDB, Banchha Nidhi Pani.

This collaboration is expected to bring visibility to streamline logistics operations, foster greater coordination among state departments, and enhance decision-making processes through real-time data insights.

Central to this partnership is the development of the Gujarat ULIP Dashboard by NLDS. Designed to operate on a Hub-spoke model, the dashboard will seamlessly integrate with various state departments, ensuring a continuous flow of information. It will provide real-time visibility into key logistics parameters such as shipment tracking, vehicle utilization, infrastructure availability, and transit times etc.

The comprehensive tool will empower stakeholders across the government and private sectors to efficiently monitor and manage logistics operations throughout the state.

The association underscores NLDS's commitment to leverage technological advancements and innovation to drive progress in the logistics sector. Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Rajesh Kumar Singh, congratulating GIDB and NLDS, expressed that this collaboration is a major milestone in Government of India's commitment to digital transformation under PM Gati Shakti.

About ULIP:

ULIP is a digital gateway that allows industry players to access logistics-related datasets from various Government systems through API-based integration. Currently, the platform integrates with 37 systems from 10 ministries via 118 APIs, covering over 1800 data fields. Private sector participation in ULIP has been instrumental in amplifying its impact, with over 950 companies registered on the ULIP portal (www.goulip.in). Additionally, these companies have developed over 90 applications, leading to more than 42 crore API transactions. Beyond private players, ULIP is amplifying the effectiveness of government decision-making by delivering synthesized data to different ministries and departments like Coal, Food Corporation of India (FCI) and States.

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