Indian rupee could 'trade stronger', target USD/INR at 84 'in coming months': BofA Global Research
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Yahoo
3 hours ago
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The Inner Circle acknowledges, Jeremiah L. Jones, CEO as an Inner Circle Lifetime member
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Business Upturn
4 hours ago
- Business Upturn
JSW Infrastructure wins Rs 740 crore Kolkata port project under PPP model
By Aditya Bhagchandani Published on July 7, 2025, 23:01 IST JSW Infrastructure Limited, India's second-largest private port operator, announced on Monday, July 7, that it has received a Letter of Award (LoA) from the Syama Prasad Mookerjee Port Authority for the redevelopment of container facilities at Netaji Subhash Dock, Kolkata. The project involves the reconstruction of Berth No. 8 and mechanization of Berths 7 and 8 at the dock under the Design, Build, Finance, Operate, and Transfer (DBFOT) model through public-private partnership (PPP). Key highlights of the project: Concession period: 30 years. Estimated capex: ₹740 crore. Construction timeline: 2 years. The company can begin operations even during the construction phase to leverage Kolkata's steady cargo volumes. The development aligns with the Indian government's port privatization initiative. Post completion, the project is expected to enhance both the container-handling capacity and operational efficiency at the port. The investment also marks a milestone in JSW Infrastructure's strategy to diversify its cargo portfolio, particularly in the container segment. With this addition, JSW's total container-handling capacity is expected to reach close to 1 million TEUs, strengthening its presence on both the eastern and western coasts of India. On the west coast, JSW operates the New Mangalore Container Terminal, which is being expanded from 0.2 million TEUs to 0.35 million TEUs. About JSW Infrastructure JSW Infrastructure, part of the JSW Group, operates twelve ports and terminals across India and has an international presence with a liquid storage terminal in Fujairah, UAE. The company is targeting a total cargo-handling capacity of 400 million tonnes per annum by 2030, and recently acquired Navkar Corp to strengthen its last-mile logistics capabilities. The company reaffirmed its commitment to sustainability and ESG standards while continuing its strategic expansion. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Eater
6 hours ago
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Atlanta to Get Its First Chai Cafe
When you walk into an Indian home, instead of hello, you may be greeted with one simple question: Chai? Tea time is an integral part of many Indian households, and no one knows that better than the Chai Box creator, Monica Sunny, who makes aromatic cups of meditative chai on her Instagram while running the country's forefront chai brand. The Atlanta resident is now set to open the city's first chai cafe in Upper Westside in the former Doughnut Dollies space on Howell Mill. It will open late this year. 'Chai time has always been sacred in our home — an invitation to slow down, and connect,' says Sunny, whose chai was one of Oprah's Favorite Things in 2021. 'You can get a chai latte at just about every coffee shop; you can order chai at most Indian restaurants. But there's not a single place here in Atlanta that's fully dedicated to chai, the way there are chai wallas and street-side tea stalls all over India. Opening this cafe gives us a platform to bring that experience to life.' Expect Sunny's popular chai blends sourced from India at the cafe, including rose, masala, and kadak varieties, in addition to Indian filter coffee, seasonal drinks, and chai-inspired desserts (think chai waffles). The cafe will also include a retail section to take chai blends and other local goods home. Sunny has had a meteoric rise since opening her company in 2016 out of Marietta. Not only did it land on Oprah's Favorite Things list, but her viral chai concentrate was picked up by 21 Costco locations. Doraville's soju distillery, Minhwa Spirits, also collaborated with Sunny to create a chai gin called Queen Huh last year. 'Opening a chai cafe has always been a dream and part of my vision for the Chai Box,' says Sunny. 'I wanted to create a space where people could experience chai the way I grew up drinking it.' See More: Atlanta Restaurant Openings Coming Attractions
