Saturday, Aug 20 2022 | Time 10:22 Hrs(IST)
Business Economy

Chowgule SBD delivers 6th vessel to Wijnne and Barends of Netherlands

Panaji, Nov 30 (UNI) The Chowgule Shipbuilding Division on Tuesday announced that it has delivered its 32nd vessel to Europe.
MV LADY HANNAH, the 4220 DWT Ice Class 1A MPP Cargo carrier vessel, sixth and the last from a series of six vessels, was delivered to Netherlands- based Wijnne & Barends from Chowgule’s Loutulim shipyard on Tuesday, a statement from the company said.
The contract for a series of six vessels was signed in 2017 and the deliveries started from June 2019.
These energy-efficient Ice Class vessels are first of its kind to be built in India.
Arjun Chowgule, Executive Director of Chowgule and Company, said, “The team at Chowgule SBD worked relentlessly to meet delivery schedules despite the Covid-19 pandemic. The workforce commitment made it possible to deliver four vessels after the first lockdowns started.. They worked with full resolve to overcome various challenges especially related to the supply chain. The shipyard has again created a benchmark due to its experienced and committed team.”
More News

Growth outlook for FY23 still high: Finmin report

19 Aug 2022 | 10:48 PM

New Delhi, Aug 19 (UNI) India’s growth outlook for 2022-23 is still comfortably high and confirms the recovery of animal spirits and economic growth from the pandemic-induced contraction in 2021-22, Monthly Economic Report (MER) released by the Finance Ministry said on Friday.

see more..

Telangana Govt conducts Diplomatic Outreach Programme to promote State as Investment Destination

19 Aug 2022 | 8:45 PM

Hyderabad, Aug 19 (UNI) Telangana Minister IT and Industrues K.T. Rama Rao (known as KTR) conducted a ‘Diplomatic Outreach Programme’ at T-Hub 2.0 facility, here on Friday to promote the state as an investment destination. Ambassadors, Diplomats, Consul Generals, Honorary Consul Generals, High Commissioners, Trade Commissioners from about 50 Countries participated in this event.

see more..

19 Aug 2022 | 8:06 PM

New Delhi, August 19 (UNI) Indian commercial vehicle (CV) industry will witness a robust volume growth of 12-15% in FY2023, rating agency IRCA has said.

see more..

Kottayam-Kochi Rubber Market Rates

19 Aug 2022 | 5:40 PM

Kottayam, Aug 19 (UNI) Following were the Rubber Market rates announced by the Rubber Board here Friday per quintal
RSS FOUR: 16200
RSS FIVE : 15600
RSS FOUR : 16200
RSS FIVE : 15600
RSS One : 13655
RSS Two : 13520
RSS Three:13397
RSS Four : 13330
RSS Five : 13229
SMR TWENTY : 11699($146.85)
SIXTY PERCENT LATEX : 9131($114.60)

see more..

Flipkart inks MoU with IIMR to enable market access for FPOs & SHGs

19 Aug 2022 | 4:22 PM

Hyderabad, Aug 19 (UNI) Flipkart, India's homegrown e-commerce marketplace, on Friday signed a Memorandum of Understanding (MoU) with the Indian Institute of Millets Research (IIMR) to enable market access for Farmer Producer Organizations (FPOs) and Self-Help Groups (SHGs).

see more..