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The General Insurance Council (GIC) has drafted a common portable mediclaim policy which states that a customer cannot continue the benefits if he migrates from a common portable mediclaim to another health insurance product. The policy, currently awaiting clearance from the Insurance Regulatory and Development Authority (IRDA), also states that the insured cannot continue the … Read more GIC to introduce portable health insurance policy
GMR Hyderabad International Airport is planning to establish an international transshipment cargo hub with an investment of Rs 100 crore. The GMR group had already announced the setting up of a perishable cargo centre to provide logistics support to cargo connecting South East Asia, West Asia, Europe and the US. The proposed hub will be … Read more GMR Hyderabad to set up an international cargo hub
ICSA India has secured work orders for a total contract value of Rs 464.17 crore from Bihar State Electricity Board, Maharashtra State Electricity Distribution (Mahavitaran) and M P Poorv Kshetra Vidyut Vitaran. The company caters to two business segments viz; software services and products and projects related to power sector that includes electrical power, oil, … Read more ICSA India bags contract worth Rs 464.17 crore
According to the latest data released by the IPA, traffic at major government-owned/regulated ports in India fell by 4.2% YoY in February. Traffic has fallen in 9 out of 12 ports in February 2009. Tuticorin port has had the sharpest decline at 32% YoY. Traffic at ports like JNPT and Kandla have fallen by 19% … Read more Traffic at Major Ports Declined by 4.2% in February
Kale Consultants, a leading solutions provider to airline, logistics and travel (ALT) industry has announced that J M Baxi & Co one of India leading maritime logistics providers, has chosen Kale FMS-Freight Management Solution. The solution will encompass various functions of freight forwarding and third party logistics including sales and customer relationship management, multi-modal exports … Read more Kale Consultants’ FMS- Solution to be used by J M Baxi
Copper jumped to the highest in more than four months in London as global equities rallied, raising expectations a slump in demand for commodities will slow. Nickel advanced the most since January. Copper and alloy shipments into China, the biggest consumer of the metal, rose 55% to 283,461 metric tonnes in February from the prior … Read more Copper rises to four-month high in London