JNPT to resume operations from 1 am on Tuesday indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
: Wednesday, May 12, 2021, 11:53 AM IST
Waterways are set to be the new highways in our future, writes Dr Niranjan Hiranandani, NAREDCO President
They are cost-effective, environment-friendly and can supplement the congested and pressured road and rail networks
If we were to say transportation is to the country what blood circulation is to the body, it would not be an exaggeration. Transportation has always played an important role when it comes to the development of the country. Given its diverse topography, India enjoys a plethora of transportation to choose from. Inland waterways are one of the options, the least developed so far.
Gateway Distriparks Q4 profit at Rs 47 crore, reduces debt by Rs 237 crore ANI | Updated: Apr 27, 2021 14:32 IST
Mumbai (Maharashtra) [India], April 27 (ANI): Logistics major Gateway Distriparks Ltd (GDL) said on Tuesday its Q4 FY21 consolidated profit after tax jumped by 299 per cent to Rs 47 crore from Rs 12 crore in the same period of previous fiscal.
At the same time, earnings before interest, tax, depreciation and amortisation (EBITDA) moved up 41 per cent from Rs 70 crore to Rs 98 crore. Total income rose by 16 per cent to Rs 353 crore in the quarter ended March as compared to Rs 304 crore in Q4 FY20.
More significantly, the company managed to reduce its net debt by Rs 237 crore in FY21 to Rs 444 crore. The board of directors has approved an interim dividend of Rs 5 per share.
Container prices surge in India as supply chain logjam tightens supply thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.