India expands foreign port presence with new consortium
NewsIndia is forming a consortium to acquire and develop foreign ports, with IPGL managing operations, IPRCL handling infrastructure, and SDCL overseeing financing.
The Indian federal Minister of Shipping wants an agreement between the Kolkata Port Trust (KPT) and SBI Capital Markets (SBI Caps) concerning the appointment of the latter as consultant for the corporatisation of the Haldia Dock Complex (HDC) to be scrapped.
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