Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Friday, June 27, 2014

MARG Karaikal Port
[Editor: IL&FS, an infrastructure development company, is setting up a thermal power project near Karaikal Port. The company has agreed to use the port for bringing coal for the power project. The port, which belongs to Marg Ltd, could handle 5 million tonnes of coal in the coming years to feed the first two 600-megawatt (MW) units of the IL&FS subsidiary. This could mean revenues of about Rs.200 crore for Karaikal Port]
MARG Karaikal Port
Karaikal Port Private Ltd (KPPL) is a subsidiary of MARG Ltd, a leading infrastructure and real estate developer along the Chennai IT corridor.
• MARG Karaikal Port is envisaged to have a total of 9 berths capable of handling 47 MMTPA by 2018.
• The port is envisioned to be developed in 3 phases with the final phase getting operational in 2017. Phase - I of development, which was completed in April 2009, comprises two Panamax size general cargo berths.
• The Port hosts various other infrastructure facilities such as covered warehousing, open storage and Mobile Harbour Cranes.
• The Port has excellent evacuation facilities with 3 railway sidings and National Highways within a Kilometer from the gate. An area of around 600 acres is covered by the Port boundaries.

Financial / Funding data

Series A Funding: Karaikal Port got Rs.150 cr equity from IDFC fund in 2010
Series B Funding: Ascent Capital invested Rs.200 cr in Karaikal port in 2011.
Series C Funding: Standard Chartered arm invested Rs.130 cr in Karaikal Port in 2012.
Series D Funding: PE fund Jacob Ballas invests Rs. 200 cr in MARG Karaikal Port in 2012.

Total Funding: Rs.680 Cr.

Employees: 51-200
Industry: Infrastructure - Roads, Ports, SEZ
Description: India's Largest Private Port to handle large vessels and diverse cargo mix.


• GRK Reddy awarded as "Business leader & Visionary of the year" at the 5th South East Cargo and Logistics Awards 2013, Chennai.
• MARG Karaikal Port adjudged as the ‘Best Project’ under the Port Development category at the prestigious ‘D&B – AXIS BANK INFRA AWARDS 2012’, Mumbai.
• MARG Karaikal Port Chosen as the ‘Innovative Port of the Year’ at South East CEO Conclave & Awards, 2012.
• MARG Karaikal Port recognized with 'EXIM Achievement Award' for its operational efficiency in EXIM operations by Tamil Chamber of Commerce on 7th February 2012.
• "Special Jury Award" for GRK Reddy at the 'Gateway Awards of Excellence – Port & Shipping 2012' on 19th January 2012 at New Delhi.
• MARG Karaikal Port bags the “Seaport project of the Year” at the ‘Construction Week Awards 2011’ at Mumbai.
• MARG Karaikal Port awarded as 'Emerging Port of the Year' at South East Cargo & Logistic Awards in July 2011 at Chennai.
• MARG Karaikal Port received the prestigious award for "Outstanding Achievement – Port Development & Port Management" conferred by SHIPPING, MARINE & PORTS World Expo 2010 on March 4, 2010, in Mumbai.
• GRK. Reddy has been awarded the 'South East CEO Conclave Award 2010' for Corporate Social Responsibility.

Courtesy: Coolavenues.com
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