
Container Corporation of India signs MoU with Rais Hassan Saadi Group (RHS), Dubai
Container Corporation of India (CONCOR) and Rais Hassan Saadi Group (RHS), Dubai, signed a Memorandum of Understanding (MoU) on 14 July 2025 to explore collaborative opportunities in the overseas shipping and logistics sector. The partnership is envisioned to deliver integrated, seamless, and cost-effective end-to end logistics solutions, with a special focus on enhancing international multimodal connectivity.
This strategic collaboration brings together CONCOR's vast experience in inland logistics, terminal operations, and supply chain solutions with RHS Group's strong global presence in shipping, freight forwarding, and maritime services.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Standard
9 hours ago
- Business Standard
Container Corporation inks MoU with Dubai-based Rais Hassan Saadi Group
Container Corporation of India said that it has signed a memorandum of understanding (MoU) with Rais Hassan Saadi Group (RHS), Dubai, for exploring collaborative opportunities in the overseas shipping and logistics sector. The partnership is envisioned to deliver integrated, seamless, and cost-effective end-to-end logistics solutions, with a special focus on enhancing international multimodal connectivity. This strategic collaboration brings together CONCOR's vast experience in inland logistics, terminal operations, and supply chain solutions with RHS Group's strong global presence in shipping, freight forwarding, and maritime services. Swarup, CMD, CONCOR said: This MoU facilitates achieving our aim to provide seamless end to end Logistics solutions for the customers beyond Indian territory. Container Corporation of India (CONCOR) is engaged in the business of providing inland transportation of containers by rail. It also covers the management of ports and air cargo complexes and establishes cold chains. The company had reported 5.8% fall in consolidated net profit to Rs 298.53 crore on a 1.6% decline in net sales to Rs 2287.83 crore in Q4 FY25 as compared with Q4 FY24. The scrip rose 0.19% to currently trade at Rs 621.35 on the BSE.


Mint
9 hours ago
- Mint
Microcap stock Raminfo jumps 5% on bagging ₹14 crore order from Tripura government
Raminfo share price surged 5% in intraday trade on Wednesday, July 16, touching the day's high of ₹ 105.45, even as the Indian stock market continued to trade in a range-bound manner. The rally followed the company's announcement that it had received a Letter of Intent (LoI) worth ₹ 14.14 crore from the Directorate of Information Technology, Government of Tripura. The order pertains to the development, deployment, implementation, and maintenance of the Services & Benefits Delivery Platform, 'UNNOTI,' under the Tripura Rural Economic Growth & Service Delivery Project (TRESP). According to the company's filing today, the project is to be completed within 16 months, followed by 26 months of maintenance support. The scope of work includes end-to-end development of a citizen-centric digital platform aimed at streamlining service delivery and improving benefit administration for the citizens of Tripura. The engagement also includes ongoing platform support and maintenance services post-deployment. 'This project reinforces Raminfo's leadership in the e-governance and citizen services space and strengthens our commitment to leveraging technology for inclusive growth and public service delivery,' the company said in Wednesday's regulatory filing. This marks the second major order for the company in less than a month. In mid-June, Raminfo secured a significant ₹ 474 crore order from Rajasthan Renewable Energy Corporation Limited (RRECL) through a consortium led by the company. That contract involves the design, supply, construction, testing, and commissioning of rooftop solar photovoltaic power projects with a total capacity of 73 MW across buildings owned by the Rajasthan state government. The order also includes comprehensive operations and maintenance for 25 years. To execute this project, the company has established a special purpose vehicle, Raminfo Green Energy, in which it holds a 51% stake. The rooftop solar industry in India is witnessing rapid growth, with total installed capacity reaching 13.7 GW by December 2024. Market estimates suggest the sector could reach a market value of USD 4.46 billion by 2033. Raminfo is a leading tech solutions company with over 30 years of experience in e-governance and a broad suite of services across fintech, healthcare, smart energy, IoT, analytics, and engineering. In the government space, Raminfo is known for its work in e-governance, smart lighting, telemedicine, agro-logistics, skill development, and education initiatives.


Mint
11 hours ago
- Mint
PM Modi may visit China for SCO summit next month — first visit since 2019: Report
Prime Minister Narendra Modi will likely visit China for the Shanghai Cooperation Organisation (SCO) summit next month, a report in the Economic Times said on July 16. This could be PM Modi's first visit to China after the two neighbouring countries' ties came under severe strain following the 2020 military standoff in Galwan along theLine of Actual Control(LAC) in eastern Ladakh. The visit will come in the wake of efforts by India and China to improve bilateral ties. A possible meeting between Prime Minister Modi and Chinese President Xi Jinping is especially anticipated during the summit. The two leaders met last during the BRICS summit in Russia in October 2024. There is no official word on the visit yet. Chinese Foreign Minister Wang Yi said on Tuesday that leaders from more than 20 countries and heads of 10 international organisations will attend the Tianjin Summit of the Shanghai Cooperation Organisation (SCO) and related events next month. The SCO Tianjin Summit will be held from August 31-September 1, Wang said during a joint press meeting with SCO Secretary-General Nurlan Yermekbayev here, state-run Xinhua news agency reported. Apart from Prime Minister Narendra Modi, Russian President Vladimir Putin and other leaders of the SCO member states are expected to attend the summit. External Affairs Minister S Jaishankar met Chinese president Xi Jinping on Tuesday as part of a delegation of foreign ministers attending the meeting of the SCO. Jaishankar's visit to China is expected to lay the groundwork for PM Modi's anticipated visit to Beijing for the SCO Leaders' Summit. "Apprised President Xi of the recent development of our bilateral ties," Jaishankar said in a post on X, accompanied by a picture of him shaking hands with Xi. Jaishankar arrived in China after concluding his visit to Singapore, his first trip to China in five years. On Monday, Jaishankar met with Chinese Foreign Minister Wang Yi in Beijing. The two leaders spoke about the need for a far-seeing approach to bilateral ties. Jaishankar told his Chinese counterpart Wang Yi that the neighbours have made 'good progress' over the last nine months in normalising relations, adding that it was key to avoid restrictive trade measures and roadblocks. Jaishankar said India and China should now consider de-escalating the situation along the LAC after making 'good progress' in normalising the bilateral ties in the past nine months, news agency PTI reported. Jaishankar also met with Chinese Vice President Han Zheng in Beijing on July 14. The 2020 Galwan Valley standoff between India and China was the worst border clash in over 40 years, resulting in the death of soldiers on both sides. The incident sharply escalated tensions and brought bilateral ties to a historic low. The decision to revive the SR dialogue and other dormant channels was reportedly taken during a brief exchange between PM Modi and President Xi Jinping on the sidelines of a summit in Kazan, Russia, in October last year. There have been a few glimmers of positive movement, most notably the resumption of the Kailash Mansarovar Yatra after nearly five years. PM Modi is also expected to be Japan in August-end where he will meet Prime Minister Shigeru Ishiba. PM Modi's visit to Japan would be his first since May 2023, when he attended the Group of Seven summit in Hiroshima, western Japan.