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Nvidia scandal: The AI arms race puts human spies back into the game
The Nvidia controversy involving CEO Jensen Huang and a woman suspected by US intelligence of having links to Beijing has renewed concerns over corporate espionage in the AI industry. Recent cases involving OpenAI and Google have also highlighted risks from insiders and traditional spying methods.
‘Ocean freight rates will come down eventually, we have seen this before’: DP World COO
Global ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerouted shipping routes through India to mitigate the impact on trade, showcasing the importance of Indian partnerships. Investment in Jebel Ali Free Zone increased significantly, with over 270 new Indian companies starting operations recently. Alternative routes were implemented for Indian cargo to bypass maritime bottlenecks, enhancing connectivity for trade.
Cabinet approves Rs 10,000 crore container manufacturing scheme
The Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to build domestic manufacturing capabilities and reduce reliance on container imports. It will promote facilities, testing, and skills development in the container manufacturing sector. The scheme is expected to create thousands of jobs and enhance competitiveness against global producers.
Crude oil crisis in Hormuz: Much more than just price and quantity
The conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability has seemingly increased, a logistics premium affects shipping costs and insurance. This situation has led to heightened risks, causing delays in transit times and increased tanker requirements. Diesel shortages are also rising, with prices escalating significantly as supply chains are disrupted.
CARE upgrades Adani Enterprises to ‘AA’, retains ‘stable’ outlook
CARE Ratings has upgraded the long-term rating of Adani Enterprises to 'AA', affirming a stable outlook. This elevation underscores enhanced financial adaptability, attributed to recent capital influx and subsidiary stake divestitures. With profit growth likely, supported by a resurgence at Kutch Copper Limited and continued airport operations, coupled with the promoter family's substantial holdings, Adani's strategic significance is reinforced.
The company reported a Rs. 162 crore loss. It actually lost nearly Rs. 8,000 crore. Where, and how, did it hide the loss?
There is a legal way to make a loss-making company look profitable, and it turns on a single label almost nobody questions. Once it's applied, a running cost can stop, a whole bleeding business can slip out of the headline number, and a stale valuation can sit untouched for years. This story walks through each of these moves, one by one, and shows them at work inside real Indian companies – including one where a fraction of the true loss was the number shareholders actually saw.
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Shivtek Spechemi Industries to expand manufacturing capabilities through new land acquisition
Shivtek Spechemi Industries is planning to expand manufacturing capabilities through new land acquisitions and expanding existing manufacturing facilities at Pungam (Ankleshwar), Gujarat. Shivtek is constructing the new facility entirely from the ground up as the first industrial entrant on this specific plot. Leasing of factory space by manufacturing companies is projected to rise to 30-32 million sq ft annually by 2030 from 21.3 million sq ft in 2025. The company also announced strategic capacity expansion of 14,000 MT at its flagship manufacturing facility in Kurnool, Andhra Pradesh.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
There are times when a watchlist is more important than a buy list. But if you still insist on putting money in the market, look at fundamentally strong stocks. While doing so, however, be clear that the invested money might still shed some value in the near term, or at least underperform. Coming specifically to mid-cap stocks, even in the initial phase of a recovery, they may well have limited ability to see a sharp upmove. Why?
Railway stocks: Over 2 years of correction; time to relook without bias? 7 stocks with downside to upside potential of -28% to 32%
A sector-wide correction usually does one job. It takes the froth off and leaves the good businesses standing where they should be. The two-year fall in railway PSU stocks has not done that yet. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
Sumadhura Group to develop 1.2 million sq. ft. of warehousing space in Chennai
Sumadhura Group has acquired 52 acres in Red Hills, North Chennai, for a ₹400 crore Grade A industrial and logistics park. The project will offer 1.2 million sq ft of warehousing space, create around 2,500 jobs and is expected to be completed by December 2028. The expansion comes as Chennai’s Grade A warehousing demand grows, with 4.1 million sq ft absorbed in H1 2026.
Freight to dodge worst of US port fees thanks to workarounds
Major shipping lines have assured customers no extra charges will be passed on. The global trade landscape is adapting to these new measures.
Maharashtra to invite bids for 98-year lease of ST bus depot land parcels
Maharashtra will next month invite tenders for developing state transport bus depots on a 98-year lease, aiming to transform 13,000 acres into modern "Bus Ports." This extended lease period seeks to attract long-term private investment, enhancing urban mobility and fostering integrated development across strategic locations. The initiative is expected to significantly boost the state's real estate sector.
DP World plans unit in GIFT City for ship-leasing
Dubai's DP World is set to launch ship-leasing operations in India, starting with four ships through a subsidiary in Gujarat's GIFT City. Approved by Indian authorities, DP World's new venture includes vessel ownership, operation, and chartering. This move aligns with recent budgetary reforms in India that enhance ship leasing incentives.
Vadhavan Mega Port gets green signal from Maharashtra coastal zone body
The Maharashtra Coastal Zone Management Authority (MCZMA) has given a go-ahead to the All-Weather Deep Draft Greenfield Vadhavan Mega Port. Jawaharlal Nehru Port Authority (JNPA) is planning to develop this project through a special purpose vehicle (SPV) with the Maharashtra Maritime Board (MMB).
Recycling industry says scrap cargo stuck at ports, charges not waived; 6,000 units face closure
Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government last month asked India's all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June besides waiving rentals in proportion to the cargo drop and not to levy penalties.
India keeps a close watch on Kenya as it falls under China's debt trap
Kenya could lose its Mombasa port to China along the lines of Hambantota port in Sri Lanka.
For Pakistan, a grim reminder from Sri Lanka: China gives loan, then grabs land
Sri Lanka has signed a $1.1 billion deal with China for development of the deep-sea port of Hambantota. A Chinese firm will have a 99-year lease on the port.
Major Port Authorities Act will give autonomy to 12 major ports
Under the proposed act, all future PPP operators will be free to fix tariff based on market conditions and notify the port authority.
Hanjin fall is Lehman moment for shipping, says Seaspan CEO
The fallout of Hanjin Shipping is like Lehman Brothers to the financial markets, said Seaspan CEO Gerry Wang.
Central Port Authorities Act to replace Major Port Trust Act
The need for Government approvals for raising loans, appointment of consultants , execution of contracts and creation of service posts have been dispensed with.
Adani Carmichael project likely to commence operations by August
The group led by Gautam Adani plans to build one of the world's largest coal mines in Australia along with a railway line and a port to ship coal to India.
Adani Enterprises suspends $ 16.5 billion Australia project's engineering work over delay in approvals
The combined mine, rail and port operations will provide over 10,000 direct and indirect jobs and supply opportunities for local businesses.
Aegis gets 5-acre land to develop new port at Kandla
The five-acre land has been allotted on lease for a period of 30 years by Kandla Port Trust, Aegis Group said in a regulatory filing.
Mumbai's east coast to become tourist hotspot
The coastline that runs from Colaba to Wadala and beyond can be a saving grace for Mumbai Port.
GVK to offload minority stake in Australia Coal Mining Project
The GVK group that is developing USD 10 billion integrated coal project in Australia is in advanced discussions with investors to sell minority stake in its coal mining project.
Bharti Airtel, Microsoft partner to provide cloud computing services to SMBs
Bharti Airtel today said it has partnered with Microsoft India to offer cloud computing services to small and medium business enterprises (SMBs).
Shipping ministry likely to establish new regulator for ports
TAMP was constituted in April 1997 to provide for an independent Authority to regulate all tariffs, both vessel related and cargo related.
Nirma set to buy soda ash maker in US
Home-grown soap and detergent major Nirma is all set to acquire the US-based natural soda ash producer Searles Valley Minerals.
State maritime board to hold 11% stake in Rewas Port
Reliance Industries (RIL) is set to acquire close to 40% stake in Rewas Port (RPL) for around Rs 200 crore.
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