June 13, 2025
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Tag: Adani Ports

The cabinet will probably soon approve a Rs 25,000-crore fund for the shipping sector.

guna@fastura.com02 mins

A Rs 25,000-crore Maritime Development Fund (MDF) for the shipping industry is anticipated to be approved shortly by the Union Cabinet, according to sources. The final plan was submitted to the Cabinet for approval by the Ministry of Shipping. The MDF was established to support India’s maritime industry, as the Finance Minister had previously stated…

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JSW Infra is competing to purchase three ports for Rs 2,000 crore.

guna@fastura.com03 mins

JSW Infrastructure, the ports division of Sajjan Jindal’s JSW Group, has submitted bids for the purchase of three ports as part of the government’s privatization initiative totaling Rs.2,000 crore. The company’s capacity would increase by another 10–12% thanks to these ports. In a separate development, the second-largest commercial port operator in the nation based on…

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