Search result for 'logistics'

Infosys Topaz Powers zooplus e-commerce Growth

October 10, 2024 20:19

Infosys collaborates with zooplus to establish a Global Capability Center in Hyderabad, leveraging AI-first offering Infosys Topaz to enhance e-commerce capabilities and operational efficiency.

Amazon India Partners with Startup India to Empower Startups

October 9, 2024 17:57

Amazon India joins forces with Startup India to empower startups through e-commerce, offering access to the marketplace, mentorship, and logistics support.

Essar to Create World's First Decarbonized Refinery in UK

October 8, 2024 18:32

Essar Group aims to transform the UK's Stanlow refinery into the world's first decarbonized green refinery using blue hydrogen, reducing carbon emissions by 95%.

WinZO Completes ESOP Buyback to Attract Talent

October 8, 2024 17:04

WinZO, an online gaming firm, has completed its fourth ESOP buyback program to attract and retain top talent amid challenges in the gaming industry. The buyback allows eligible employees to...

Real Estate PE Investments Surge to USD 2.2 Billion in Q3 2024

October 8, 2024 15:06

Private equity investments in Indian real estate jumped to USD 2.2 billion in Q3 2024, driven by strong demand and investor confidence. Industrial and logistics spaces led the way, attracting USD...

NSDL IPO Approved by Sebi: NSE, HDFC Bank, SBI to Sell Shares

October 8, 2024 14:50

NSDL, India's leading depository, gets Sebi's nod to launch its IPO. NSE, HDFC Bank, and SBI will offload shares in an OFS. This follows approval for Standard Glass Lining and Zinka Logistics IPOs.

magicpin Hits 1.5 Lakh Daily Orders on ONDC

October 8, 2024 13:39

magicpin, a hyperlocal e-commerce platform, has achieved 15x order growth on ONDC in 15 months, crossing 1.5 lakh daily orders. The company has expanded its network of restaurant partners and now...

FMCG Sales Surge via Quick Commerce in FY24: Report

October 7, 2024 20:39

Leading FMCG firms saw a two-fold rise in quick commerce sales in FY24, driven by consumer preference for hyperlocal delivery. The report highlights the rapid growth of Q-commerce in India and its...

Invest India Office in Dubai to Attract UAE Investments

October 7, 2024 20:24

India to open Invest India office in Dubai to attract UAE investments, announced by Piyush Goyal. The move aims to strengthen economic ties and boost trade between the two nations.

India & UAE to Set Up USD 2 Billion Food Corridor

October 7, 2024 17:34

India and the UAE will establish a food corridor with a USD 2 billion investment, aiming to boost Indian farmers' income and create jobs. The project aims to cater to the UAE market and beyond,...

Road Logistics Industry to Grow 6-9% in FY25: Icra

October 5, 2024 15:23

India's road logistics sector is projected to see a revenue growth of up to 9% in FY25, driven by strong demand from e-commerce, FMCG, and other sectors, according to Icra.

Amazon & India Post Partner for Enhanced Delivery

October 4, 2024 18:27

Amazon Transportation Services and India Post have partnered to enhance nationwide delivery capabilities, leveraging India Post's vast network to boost e-commerce reach.

Jawaharlal Nehru Port: 16.49% Container Traffic Growth in September

October 4, 2024 18:12

Jawaharlal Nehru Port reports a 16.49% increase in container traffic in September 2024, reaching 596,790 TEUs. The port's total traffic also saw a rise, highlighting its efficient operations.

India's Logistics Data Bank Tracks 75 Million Containers

October 3, 2024 18:52

India's Logistics Data Bank (LDB) has tracked over 75 million export and import containers, boosting logistics efficiency and improving the country's ranking in the World Bank's Logistics...

Nepal & India Sign Agreement for New Pipelines

October 3, 2024 18:35

Nepal Oil Corporation and Indian Oil Corporation signed an agreement to construct two new pipelines, strengthening the energy partnership between the two countries.

Refex Industries to Raise Rs 928 Cr for Growth & Sustainability

October 3, 2024 17:41

Refex Industries plans to raise Rs 928 crore through equity and warrants to fund investments in subsidiary companies, capex, and loan repayment, with a focus on sustainability in ash handling...

Indian Hotels Signs 35 Properties, Opens 12 New Hotels in H1FY25

October 3, 2024 17:26

Indian Hotels Company reports signing 35 properties and opening 12 new hotels in H1FY25, expanding its portfolio to 345 properties. The company also highlights its international growth strategy...

Godrej & Boyce Acquires Armes Maini for Intra-logistics Growth

October 3, 2024 16:10

Godrej & Boyce has acquired Armes Maini, a maker of storage shelving systems, to enhance its intra-logistics capabilities and meet surging demand in the growing logistics sector.

West Asia Conflict: Impact on Indian Exports & Logistics

October 2, 2024 17:04

The escalation of conflict in West Asia is expected to disrupt trade, raise logistics costs, and impact oil, electronics, and agricultural exports from India.

Adani Merges Subsidiaries with ANIL: Green Hydrogen Focus

October 2, 2024 13:48

Adani Group merges two subsidiaries with Adani New Industries Ltd (ANIL), boosting its green hydrogen and wind turbine manufacturing operations. ANIL, a subsidiary of Adani Enterprises Ltd, is...

Goyal Seeks Investments from Warburg Pincus, Blackstone in India

October 1, 2024 22:06

India's Commerce Minister Piyush Goyal met with global private equity firms Warburg Pincus and Blackstone in New York to discuss investment opportunities in sectors like electronics, renewable...

Odisha to Host Ambassadors' Meet Ahead of Biz Summit

October 1, 2024 22:04

Odisha government to host a meeting of ambassadors in Delhi to showcase its industrial ecosystem and investment opportunities ahead of the Utkarsh Odisha: Make in Odisha Conclave 2025.

Flood Relief: Centre Releases Rs 5,858 Crore to 14 States

October 1, 2024 19:58

The Union Home Ministry has released Rs 5,858.60 crore to 14 flood-affected states as a central share from the State Disaster Response Fund (SDRF) and an advance from the National Disaster Response...

Goyal Seeks Investments from Warburg Pincus & Blackstone in India

October 1, 2024 18:16

India's Commerce Minister Piyush Goyal met with Warburg Pincus and Blackstone in New York to discuss investment opportunities in India's electronics, renewable energy and infrastructure sectors.

Jawa Yezdi Motorcycles Now Available on Flipkart

September 30, 2024 18:07

Jawa Yezdi Motorcycles have partnered with Flipkart to offer their premium motorcycles on the platform, providing customers with a convenient and accessible way to explore, compare, and purchase...

Cognizant to Establish Techfin Center at GIFT City

September 30, 2024 17:49

Cognizant announces plans to open a 'techfin center' at GIFT City, Gandhinagar, India, serving BFSI clients. The center will initially house 500 associates, with plans to scale up to 2,000...

Govt Urges White Goods Industry to Apply for PLI Scheme

September 30, 2024 14:11

India's DPIIT urges white goods manufacturers to apply for fiscal benefits under the Production Linked Incentive (PLI) scheme, citing muted response so far. The scheme aims to boost domestic...

Lulu Group to Invest in Andhra Pradesh: Hypermarkets, Food Processing & More

September 29, 2024 15:01

UAE-based Lulu Group International will set up hypermarkets, food processing centers, and logistics hubs in Andhra Pradesh. The group plans to build a shopping mall in Vizag and hypermarkets in...

India to Import Coking Coal from Mongolia: Govt Delegation Visit

September 29, 2024 10:51

India is exploring coking coal imports from Mongolia to diversify sources and reduce costs. A government delegation will visit next month to discuss the deal.

Make in Odisha Conclave 2025 Logo Unveiled - Odisha Seeks Global Investments

September 27, 2024 23:06

Odisha Chief Minister unveils the logo for 'Make in Odisha Conclave 2025', highlighting the state's ambition to become a leading industrial hub. The event will focus on attracting global...

Indian Women Seafarers: 7-Fold Jump, Maersk's 'Equal at Sea' Initiative

September 27, 2024 20:55

Maersk's 'Equal at Sea' initiative drives a significant increase in Indian women seafarers, reaching over 350 in the last 3 years, contributing to a more diverse and inclusive maritime sector.

Bhumika Group Builds Rs 300 Crore Gurugram Project

September 27, 2024 13:59

Bhumika Group is developing a commercial project in Gurugram with an estimated revenue of Rs 300 crore, marking its entry into the market. The project includes retail spaces and is located on MG Road.

DHL Express Hike Parcel Delivery Prices in India - January 2025

September 27, 2024 12:34

DHL Express will increase parcel delivery prices in India by an average of 6.9% from January 1, 2025. The price hike reflects global inflation and currency fluctuations.

Infosys Drives IT Efficiencies for Sally Beauty with Hyper-Automation

September 26, 2024 20:55

Infosys partners with Sally Beauty Holdings to optimize IT operations, enhance customer experiences, and drive efficiencies through hyper-automation and AI.

Balmer Lawrie Plans Rs 700 Cr Capex, Ethanol Diversification

September 26, 2024 17:04

Balmer Lawrie & Co plans Rs 700 crore capital expenditure to diversify into ethanol production, set up a free trade warehousing zone in Mumbai and upgrade facilities.

GreenLine & Sterlite Copper Partner for Sustainable Logistics

September 26, 2024 16:41

GreenLine Mobility Solutions partners with Sterlite Copper to deploy LNG-powered trucks, enhancing logistics efficiency and reducing carbon emissions. The collaboration aims to drive sustainable...

Raghuram Rajan: India's Infra Good, But Needs More for Manufacturing

September 26, 2024 14:35

Former RBI Governor Raghuram Rajan says India has made progress in infrastructure but needs to boost manufacturing and job creation. He stresses the importance of ease of doing business and education.

Shipbuilding Clusters in 5 States: India's Maritime Vision 2030

September 25, 2024 20:32

India to establish shipbuilding and ship repair clusters in 5 states, aiming for 40 million TEUs container handling by 2028. Minister Sonowal highlights key initiatives.

Make in India': Boosting Manufacturing, Exports & Economy

September 25, 2024 19:18

The 'Make in India' initiative has driven manufacturing growth, increased exports, attracted FDI, and strengthened the Indian economy over the past 10 years.

FM Urges AIIB to Aid Low-Income Countries

September 25, 2024 16:30

India's Finance Minister Nirmala Sitharaman calls on AIIB to prioritize client-centric approach and facilitate access to financial resources for low-income countries, particularly through technical...

IPEF: Goyal Calls for Collaboration to Maximize Potential

September 24, 2024 18:50

India's Commerce Minister Piyush Goyal emphasizes the need for collaboration in areas of strength to fully realize the potential of the IPEF, focusing on supply chain resilience, clean energy, and...

Make in India Celebrates 10 Years: Success and Future

September 24, 2024 17:45

India's 'Make in India' initiative celebrates 10 years, boasting successes in manufacturing, investment, and job creation. Commerce Minister Goyal highlights key achievements and future prospects.

Western Carriers Shares Debut Weak, Fall 7% - PTI

September 24, 2024 17:29

Western Carriers (India) Ltd shares ended their market debut over 7% lower than the issue price. The IPO, which garnered 30.46 times subscription, raised Rs 493 crore.

Western Carriers Shares Debut at Discount - PTI

September 24, 2024 12:08

Western Carriers (India) Ltd shares made a tepid market debut, listing at a discount of over 1% against the issue price of Rs 172. The company's market valuation stood at Rs 1,659.83 crore.

myTVS Launches EV Mobility Service, Targets 10,000 Electric 2-Wheelers by 2025

September 23, 2024 14:45

myTVS is expanding into the EV mobility service market with a goal of adding 10,000 electric two-wheelers to its fleet by March 2025, partnering with MoEVing to offer end-to-end vehicle management...

India's SMBs Prioritize AI: SAP India Head | Tech News

September 22, 2024 10:35

SAP India reports a surge in AI adoption among SMBs, with 96% prioritizing Gen AI. The market is a 'melting pot of innovation, scale and execution,' driven by a fast-growing tech landscape.

Sterlite Copper Deploys LNG Vehicles for Net Zero Emissions

September 20, 2024 19:14

Sterlite Copper partners with Green Line Mobility Solutions to deploy LNG vehicles, reducing its carbon footprint and moving towards its net zero emissions goal by 2050.

Boosting Export Competitiveness: India Cuts Port Charges & Buys Vessels

September 20, 2024 19:00

India aims to boost export competitiveness by reducing port charges, purchasing additional container vessels, and addressing container shortages. This will benefit Indian exporters, especially SMEs.

Sardega-Bhalumuda Rail Project: Streamlining Coal Transport for Vedanta Aluminium

September 20, 2024 16:07

Vedanta Aluminium welcomes the Sardega-Bhalumuda rail project, which will streamline coal transport from its mines, reducing carbon footprint and boosting regional economic growth.

Tata Motors Partners with ESAF for Commercial Vehicle Financing

September 20, 2024 15:15

Tata Motors and ESAF Small Finance Bank have partnered to offer financing solutions for commercial vehicle customers, aiming to boost entrepreneurship and job creation in logistics.

Bengaluru Investors Leaving Due to State Apathy: Goyal

September 19, 2024 20:17

Union Minister Piyush Goyal criticizes Karnataka government's lack of support for Bengaluru's tech industry, leading to investor exodus and job losses. He highlights the need for modern...

US Fed Rate Cut, India Rate Cuts & Food Inflation: Crisil Outlook

September 19, 2024 19:52

Crisil expects India's central bank to cut rates following the US Fed's decision, but highlights food inflation concerns. Learn more about the economic outlook and potential impacts.

Western Carriers IPO Oversubscribed 30.46 Times

September 19, 2024 18:51

Western Carriers (India) Ltd's IPO received 30.46 times subscription on the final day of bidding, with strong demand from all investor categories. The company plans to use the funds for debt...

Infosys Invests Rs 17 Cr in Space Tech Startup GalaxEye

September 19, 2024 18:28

Infosys invests up to Rs 17 crore in GalaxEye Space Solutions, a space tech startup, through its Innovation Fund. The investment will support GalaxEye's development of multi-sensor satellites and...

Infosys Helps Posti Boost Customer Experience with AI

September 19, 2024 16:03

Infosys partners with Posti to enhance customer experience and operational efficiency using AI-powered solutions and cloud technology.

India's Garment Exports Surge 12% in August

September 19, 2024 15:42

India's ready-made garment exports rose by 12% in August, reaching USD 1.26 billion, despite global challenges such as high logistics costs. The growth reflects the industry's resilience...

India to be 3rd Largest Economy by FY31: S&P Report

September 19, 2024 15:04

S&P Global predicts India will become the world's third-largest economy by FY31, driven by strong growth and continued reforms. The report highlights crucial factors like infrastructure...

India's Logistics Cost to Reach Single-Digit in 5 Years: Gadkari

September 19, 2024 13:41

Union Minister Nitin Gadkari predicts India's logistics cost will decline to single-digit within the next 5 years, citing infrastructure development. Read more.

Western Carriers IPO Over-Subscribed 13.88 Times

September 18, 2024 19:12

Western Carriers IPO, a Rs 493-crore initial share sale of logistics company Western Carriers (India) Ltd, was oversubscribed 13.88 times. The IPO received bids for 28,96,23,957 shares against...

Govt Launches Rs 1,000 Cr Fund for Farmer Pledge Financing

September 18, 2024 18:19

India's government announces a Rs 1,000 crore credit guarantee fund to boost pledge financing for farmers using electronic Negotiable Warehouse Receipts. The move aims to address lender concerns...

India Post to Become Logistics Firm: Revenue to Rise 60% in 3 Years

September 18, 2024 18:04

India Post aims to transform into a logistics company with a 50-60% revenue increase over the next 3-4 years. Union Telecom Minister Jyotiraditya Scindia outlines the vision for the department's...

RMZ Leases 3 Lakh Sq Ft to Chevron in Bengaluru

September 18, 2024 17:08

RMZ Corporation has leased 3 lakh sq ft of commercial space in Bengaluru to Chevron Global Technology & Services for its new USD 1 billion engineering and innovation center.

India Diamond Sector Crisis: Factory Closures, Job Losses

September 18, 2024 12:49

India's diamond industry faces severe crisis with factory closures, job losses, and rising competition from lab-grown diamonds. GTRI highlights challenges and suggests solutions.

Rajasthan Seeks UAE Investment: Minister Rathore Meets Officials

September 17, 2024 23:00

Rajasthan's Industry Minister Rathore met with UAE officials in Dubai to attract investments in the state, focusing on sectors like logistics, real estate, and renewable energy. The state aims to...

India's Exports Plunge 9.3% Amidst Red Sea Crisis && Logistical Challenges

September 17, 2024 19:10

India's exports contracted 9.3% in August due to the Red Sea crisis and logistical challenges, impacting petroleum product exports significantly. Experts call for government intervention to support...

Western Carriers IPO Subscribed 9.43 Times

September 17, 2024 18:38

Western Carriers (India) Ltd's IPO received bids for 19.67 crore shares against 2.08 crore shares on offer, with strong subscription from Retail and Non-Institutional investors. The IPO will be...

Flipkart, Amazon Announce Festive Sales From Sep 26

September 16, 2024 20:20

E-commerce giants Flipkart and Amazon India have announced their annual festive sales will begin on September 26, with early access for subscribers. Both platforms offer millions of products and...

Western Carriers IPO Subscribed 4.83 Times on Day 2

September 16, 2024 19:00

Western Carriers (India) Ltd's IPO received 4.83 times subscription on Day 2, with strong demand from retail and non-institutional investors. The IPO raised Rs 493 crore and will be used for debt...

Climate Pledge Launches EV Charging Network in Bengaluru

September 16, 2024 17:52

The Climate Pledge launches a network of shared EV charging stations in Bengaluru, aiming to support 5,500 EVs by 2030. The project aims to address India's EV adoption challenges and accelerate...

Delhivery Partners Teamglobal for Ocean Freight Services

September 16, 2024 10:41

Delhivery teams up with Teamglobal Logistics for ocean freight services, expanding reach to 120+ countries and offering integrated in-land and international logistics solutions.

Freight Costs, Container Shortages Threaten India's Exports: GTRI

September 15, 2024 13:25

Rising freight costs, container shortages, and dependence on foreign carriers pose serious challenges to India's exports, warns GTRI. Urgent steps needed to boost domestic container production and...

ONGC Appoints New Director for New Energy & Petrochem

September 15, 2024 12:47

ONGC appoints Arunangshu Sarkar as Director for strategy and corporate affairs, spearheading new energy, petrochemicals, and corporate strategy as part of a board revamp.

Sebi Exempts Spice Healthcare from Open Offer for SpiceJet

September 14, 2024 20:28

Sebi has exempted Spice Healthcare from making an open offer to SpiceJet shareholders after the conversion of warrants. The exemption is subject to certain conditions, including a 24-month lock-in...

Onion Prices Drop After Govt Subsidized Sale

September 14, 2024 14:56

India's government-subsidized onion sale has resulted in price drops in major cities. The initiative, launched on Sept 5, aims to stabilize prices and ensure widespread availability of affordable...

Efficient Logistics & Paperless Systems Boost International Trade - SCO

September 13, 2024 18:53

Commerce Secretary Sunil Barthwal highlights the importance of efficient logistics and paperless systems to boost international trade at the SCO meeting.

Western Carriers IPO Subscribed 79% on Day 1

September 13, 2024 18:12

Western Carriers (India) Ltd's IPO received 79% subscription on Day 1. The Rs 493-crore offer saw strong demand from retail investors, with the RII portion subscribed 1.41 times.

Western Carriers IPO: Rs 148 Cr Raised from Anchor Investors

September 12, 2024 21:30

Western Carriers, a leading logistics firm, raised Rs 148 crore from anchor investors ahead of its IPO. The IPO will open for subscription on September 13th and close on September 18th.

Amazon India Creates 1 Lakh+ Jobs Ahead of Festive Season

September 12, 2024 17:57

Amazon India announces over 110,000 seasonal jobs across its operations network to meet increased demand during the festive season. The roles include direct and indirect jobs across India.

Maritime Development Council Meet in Goa: Sagarmala, Maritime Vision 2030 Discussed

September 12, 2024 16:47

The 20th Maritime Development Council meet in Goa discussed key initiatives like Sagarmala, Maritime India Vision 2030, and Maritime Amrit Kal Vision 2047, aiming to enhance India's maritime sector.

Western Carriers Raises Rs 400 Crore for Debt, Capital Expenditure

September 12, 2024 15:07

Western Carriers, a Kolkata-based logistics firm, plans to raise Rs 400 crore through a public issue to retire debt and fund capital expenditure plans. The company will also prepay a portion of...

Private Credit Deals to Reach USD 10 Billion in 2024

September 11, 2024 17:31

Private credit deployments in India are expected to exceed USD 10 billion in 2024, driven by growth-oriented strategies and increased participation from domestic funds and high-net-worth investors.

India Launches Trade Portal for Exports & Imports

September 11, 2024 16:10

India's new Trade Connect ePlatform provides comprehensive information on exports & imports, connecting businesses with government entities and trade experts. This one-stop solution aims to boost...

Lulu Group to Increase Indian Agri Sourcing to Rs 15,000 Cr

September 10, 2024 18:56

UAE-based Lulu Group plans to increase its Indian agri procurements to Rs 15,000 crore in two years, focusing on organic goods and expanding its global network.

India-UAE Ties: Envy of the World, Says Goyal

September 10, 2024 18:42

Union Minister Piyush Goyal hails deepening Indo-UAE ties, calling them 'owner's pride, neighbour's envy'. The two nations signed CEPA in 2022, aiming for $100 billion bilateral trade by 2030.

SpiceJet Settles Debt With Carlyle Aviation, Stake to Rise

September 10, 2024 18:09

SpiceJet has reached a settlement agreement with Carlyle Aviation, resulting in a USD 40.17 million lease arrears write-off and a significant increase in Carlyle's stake in the struggling airline.

Western Carriers IPO: Price Band at Rs 163-172/share

September 10, 2024 12:56

Western Carriers, a leading logistics firm, has fixed the price band for its Rs 493-crore IPO at Rs 163-172 per share. The IPO will open for subscription from September 13 to 18.

Ikea India Plans Smaller Stores, Invests in Next Phase

September 9, 2024 16:49

Ikea is expanding in India, with plans for smaller format stores in adjacent markets to its existing large stores. The company also plans to open its first store in Delhi-NCR in 2026.

Western Carriers IPO Opens Sep 13: Logistics Firm Aims to Raise Rs 500 Crore

September 9, 2024 15:04

Western Carriers (India) Ltd will launch its IPO on September 13, aiming to raise up to Rs 500 crore. The Kolkata-based logistics company's IPO will conclude on September 18. The proceeds will be...

MSDE & Swiggy Partner for Skilling, Employment Opportunities

September 7, 2024 19:35

MSDE and Swiggy launch an initiative to provide skilling and employment opportunities within Swiggy's food delivery and quick commerce network. The partnership will benefit 2.4 lakh delivery...

IIT Guwahati & Airbus India Partner for Global Training Center

September 6, 2024 18:11

IIT Guwahati and Airbus India have signed an agreement to establish a global training center in Guwahati, focusing on aviation, logistics, and aerospace technology, aiming to develop Assam as a...

Goyal Invites Steel Industry to Discuss Unfair Competition

September 6, 2024 14:34

India's Commerce Minister Piyush Goyal has invited the steel industry to discuss unfair competition and explore solutions for sector growth. He also highlighted the India Middle East Europe...

Adani's Journey: From Rejected College Applicant to $220 Billion Empire

September 5, 2024 20:53

Gautam Adani, India's second-richest person, was rejected by Jai Hind College in Mumbai but went on to build a USD 220 billion empire. He delivered a lecture at the same college on Teachers Day,...

Gig Hiring Soars 20% for Festive Season: E-commerce Leads

September 5, 2024 15:25

Gig hiring is expected to rise by 20% this festive season, driven by e-commerce growth. Top roles include delivery executives, warehouse workers, and customer care. Tier-2 and 3 cities are seeing...

Meesho Hires 8.5 Lakh Seasonal Staff for Festive Season

September 5, 2024 14:53

E-commerce platform Meesho has hired 8.5 lakh seasonal staff ahead of the festive season, with a focus on tier-3 and tier-4 cities. This hiring boost aims to empower local businesses and drive...

Bihar Govt Invests Rs 2,900 Crore in MSME Promotion

September 5, 2024 12:52

Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries under two schemes, Mukhya Mantri Udyami Yojana (MMUY) and Bihar Laghu Udyami Yojana (BLUY), to promote MSMEs.

Kerala Logistics Park Policy Approved, Boosting Infrastructure

September 4, 2024 21:23

Kerala Cabinet approves Logistics Park Policy, aiming to enhance logistics infrastructure through private investment and public-private partnerships.

SLCM & South Indian Bank Partner for Agri-Logistics Solutions

September 4, 2024 17:42

SLCM and South Indian Bank collaborate to offer collateral management and warehousing solutions for the agricultural sector, enabling access to post-harvest credit at competitive rates.

Flipkart Creates 1 Lakh Jobs Ahead of Festival Season

September 4, 2024 16:49

Flipkart announces plans to create 1 lakh new jobs across India ahead of its 'The Big Billion Days' sale, boosting the economy during the festive season.

CapitaLand Investment Aims to Double India Fund by 2028

September 4, 2024 16:26

CapitaLand Investment aims to double its fund under management (FUM) in India to Rs 46,000 crore by 2028, with plans to expand IT parks, logistics, and enter renewable energy.

India's Maritime Ambitions: Rethinking Ships & Infra | Sagarmanthan Dialogue

September 4, 2024 16:15

Sanjeev Sanyal, PM's Economic Advisory Council member, calls for a rethink on India's approach to ships and infrastructure to boost maritime governance. The Sagarmanthan Dialogue, scheduled for...

CapitaLand to Double Investment in India to Over Rs 90,280 Cr

September 4, 2024 15:03

Singapore's CapitaLand plans to double its investment in India to over Rs 90,280 crore by 2028, aiming to capitalize on the country's economic growth and growing demand for real assets.

Gadkari Favors 51% Foreign Stake in Tunnel Projects

September 3, 2024 15:21

Road Minister Nitin Gadkari advocates for a majority stake to foreign partners in joint ventures for tunnel construction, emphasizing quality and expertise.

Blackstone Invests Rs 700 Cr to Redevelop CWC Warehouses

September 2, 2024 18:53

Blackstone's Horizon Industrial Parks will invest Rs 700 crore to redevelop CWC warehouses in 13 locations, creating modern Grade-A facilities for e-commerce, retail, and logistics.

Balmer Lawrie Targets Rs 6,000 Cr Revenue by 2030

August 30, 2024 13:00

Balmer Lawrie aims for Rs 6,000 crore revenue by 2030, focusing on travel, logistics, and ethanol production. The PSU plans to engage a consultant for growth strategy.

Amazon & Indian Railways Partner for Faster Deliveries

August 29, 2024 19:21

Amazon and Indian Railways strengthen their partnership to improve e-commerce delivery times through a new hub-and-spoke model and expanded rail network.

India to Launch E-commerce Export Hubs for Fast-Moving Goods

August 29, 2024 18:37

India plans to set up e-commerce export hubs to boost cross-border trade, focusing on fast-moving goods like textiles, handicrafts, and jewelry. The government aims to increase e-commerce exports...

38 Priority Rail Projects for Coal Logistics: Govt Focus

August 29, 2024 17:54

India's government identifies 38 key rail projects to improve coal transportation efficiency, including two new lines in Odisha, aimed at boosting supply and reducing costs.

Kerala's New Industrial City: Rs 10,000 Crore Investment, 55,000 Jobs

August 29, 2024 14:35

Kerala's industrial landscape to transform with new Palakkad city, attracting Rs 10,000 crore investment and creating 55,000 jobs. Part of the Kochi-Bengaluru Hi-Tech Industrial Corridor.

Macrotech Developers Acquires Opexefi, One Box for Rs 100 Cr

August 29, 2024 14:33

Macrotech Developers has acquired Opexefi Services and One Box Warehouse for nearly Rs 100 crore, boosting its industrial & warehousing park development business. The acquisition is part of the...

DP World Mundra Sets New Record with Highest Monthly Throughput

August 28, 2024 19:08

DP World Mundra achieves record-breaking monthly throughput of 1,29,368 TEUs in July, driven by sustainable initiatives and operational efficiency.

CJ Darcl Transports 34 Excavators by Rail to Haryana

August 28, 2024 15:57

CJ Darcl Logistics transported 34 excavators by rail from Chennai to Haryana, using specialized rakes. The company claims to be the first in the sector to utilize this method, minimizing carbon...

EKA Mobility & IKEA Partner for EV Vans in India

August 27, 2024 17:55

EKA Mobility and IKEA have partnered to deploy electric delivery vans in India, contributing to a greener logistics operation. This strategic pact aims to expand IKEA's EV fleet across multiple...

Bangladesh Garment Industry Crisis: Unrest & Floods Hit Exports

August 27, 2024 08:38

Bangladesh's garment industry faces a severe crisis due to political unrest, floods, and factory closures, threatening export earnings and millions of jobs.

Skye Air Mobility & CARiTAS Hospital Partner for Drone Medical Delivery

August 26, 2024 16:40

Skye Air Mobility partners with CARiTAS Hospital in Kottayam to use drones for delivering medical supplies and diagnostic samples, aiming to improve healthcare accessibility and efficiency in the...

Cathay Cargo Eyes India Expansion, Seeks Freighter Plane Flexibility

August 26, 2024 13:17

Cathay Cargo seeks to expand its operations in India, aiming for greater flexibility in its freighter flights to cater to the country's growing export market. The company believes in India's...

Cathay Cargo Aims to Expand in India, Seeks 'Co-termination' Rights

August 26, 2024 10:28

Cathay Cargo seeks 'co-termination' rights for its freighter planes in India to expand its operations and capitalize on the country's growing economy and export potential.

Om Logistics Acquires ICD in Haryana for Rs 110 Cr

August 23, 2024 21:23

Om Logistics expands its pan-India operations with the acquisition of Inland Container Depot (ICD) in Bawal, Haryana for Rs 110 crore. The strategic location and multimodal connectivity will...

Anil Ambani: Sebi Orders RHFL Management Defied Board on Lending

August 23, 2024 18:37

Sebi finds Anil Ambani behind fund diversion at RHFL, alleging management defied board diktat on lending practices and approved loans to unworthy creditors.

Mumbai Port Signs Rs 4,000 Cr Projects, Launches Sustainability Initiatives

August 23, 2024 17:29

Mumbai Port has signed investment proposals worth Rs 4,000 crore for projects focused on sustainability and green fuel, generating 1.45 lakh person-days of employment.

Godrej & Boyce Targets 50% Revenue Growth in Material Handling

August 22, 2024 21:14

Godrej & Boyce aims for 50% revenue growth in its material handling business over the next 2-3 years. The company is also investing in local manufacturing of lithium-ion batteries for forklifts,...

Mumbai MMR GDP to Double in 5 Years: NITI Aayog Report

August 22, 2024 17:17

NITI Aayog aims to double Mumbai Metropolitan Region's GDP in 5 years, making it a global economic hub. The report outlines key sectors for growth & investment needs.

India-Africa Trade: Auto, Agri, Pharma, Logistics Hold Potential

August 22, 2024 14:52

India and Africa aim to double trade to USD 200 billion by 2030, with focus on auto, agriculture, pharma, and logistics sectors. Opportunities for investment, technology transfer, and capacity...

Nexus Ventures Sells 1.06% Delhivery Stake for Rs 344 Cr

August 21, 2024 20:53

Nexus Ventures Partners sold a 1.06% stake in Delhivery for over Rs 344 crore through an open market transaction. The shares were sold at an average price of Rs 440 apiece.

Central Bank Wins Bid for Future's Insurance Stakes

August 21, 2024 17:21

Central Bank of India has emerged as the successful bidder for Future Enterprises Ltd.'s stake in Future Generali India Life Insurance and Future Generali India Insurance.

E-commerce Creates 15.8 Million Jobs in India: Report

August 21, 2024 16:15

A new report reveals that online vendors in India have generated 15.8 million jobs, including 3.5 million for women, with e-commerce playing a key role in employment growth.

India Chem 2024: Patel Highlights Gujarat's Role in Chemicals

August 20, 2024 23:23

Union Minister Anupriya Patel hails Gujarat's leadership in the chemical sector, inviting entrepreneurs to India Chem 2024 in October. The event will focus on boosting the industry and attracting...

Adani Krishnapatnam Port Unveils Advanced Cargo Handling System

August 20, 2024 15:55

Adani Krishnapatnam Port has launched a new cargo handling system that will enhance its capacity and productivity, leveraging advanced technology for efficiency and reliability.

Kalpataru Posts Rs 100.74 Cr Loss Ahead of IPO

August 20, 2024 15:15

Real estate firm Kalpataru Ltd reported a net loss of Rs 100.74 crore in FY24, despite preparing for an IPO to raise Rs 1,590 crore to reduce debt.

Welspun One Builds Logistics Park in Gurugram

August 20, 2024 15:07

Welspun One invests Rs 125 crore to develop a logistics park on the Gurugram-NH8 corridor, creating 1,500 jobs. The project aims to support businesses and contribute to India's economic growth.

TFCI Enters Short-Term Retail Lending with FinTech

August 19, 2024 14:30

TFCI, a non-banking finance company, is diversifying into retail lending through FinTech platforms and plans to establish an Alternative Investment Fund.

Adani Group EBITDA Surges 33% in Q1, Leverage at Multi-Year Low

August 19, 2024 13:34

Adani Group reports a 33% surge in EBITDA for the June quarter, driven by strong infrastructure performance and emerging businesses. Leverage reaches a multi-year low.

Carbon Tax Hamper's Global Trade: India

August 17, 2024 19:59

India criticizes EU's carbon tax, arguing it hinders equitable world trade. Commerce Secretary Sunil Barthwal highlights concerns for developing nations and emphasizes the need for global...

Technopark Software Exports Reach Rs 13,255 Cr, 14% Growth

August 17, 2024 18:56

Technopark, Kerala's IT hub, reports a 14% increase in software exports revenue for FY 2023-24, reaching Rs 13,255 crore. This growth is attributed to the vibrant IT ecosystem and skilled workforce.

Warehousing Demand Dips in Delhi-NCR, Soars in Chennai: Vestian

August 17, 2024 14:18

Delhi-NCR witnessed a 77% decline in warehousing leasing in H1 2024, while Chennai saw a 3-fold jump, according to Vestian. Mumbai and Pune accounted for 63% of total absorption.

Foxconn to Invest in Karnataka: CM Siddaramaiah Assures Support

August 16, 2024 21:34

Karnataka CM Siddaramaiah invites Foxconn to further invest in the state, promising full support for their iPhone assembly plant ''EV component facility.

Bengaluru Industrial & Logistics Leasing Surges 68%

August 16, 2024 19:30

Bengaluru's industrial and logistics leasing saw a 68% growth in H1 2024, driven by 3PL, ecommerce, and retail demand. CBRE reports key leasing transactions by VRL Logistics, Blinkit, and DHL.

Delhi-NCR Leads Real Estate Investment in H1 2024: Cushman & Wakefield

August 16, 2024 13:35

Delhi-NCR attracted USD 633.3 million in real estate investment during Jan-Jun 2024, driven by office and luxury housing demand, according to Cushman & Wakefield.

Ecom Express Files for Rs 2,600 Crore IPO - Sebi

August 16, 2024 10:32

Ecom Express has filed draft papers with Sebi for a Rs 2,600 crore IPO, including a fresh issue and an Offer for Sale (OFS) by promoters. The funds will be used for expanding its logistics network...

Kalpataru Ltd Files IPO to Raise Rs 1,590 Cr - Real Estate News

August 15, 2024 12:27

Realty firm Kalpataru Ltd plans to raise up to Rs 1,590 crore through an IPO to reduce debt. The Mumbai-based company has filed a draft prospectus with SEBI.

UltraTech to Reach 200 MTPA Capacity by FY27: Birla

August 14, 2024 19:58

UltraTech Cement aims to surpass 200 MTPA capacity by FY27 through acquisitions and expansions, as announced by Chairman Kumar Mangalam Birla.

Allcargo Logistics Profit Plunges 97% in June Quarter

August 14, 2024 15:45

Allcargo Logistics' standalone net profit plummeted 97% to Rs 3.36 crore in the June 2024 quarter, despite a 46% rise in revenue. Learn more about the company's performance and outlook.

KSH INFRA Invests Rs 450 Crore in Hosur Industrial Park

August 14, 2024 14:37

KSH INFRA announces a Rs 450 crore investment in a new Industrial & Logistics (I&L) Park in Hosur, Tamil Nadu, spanning 50 acres and offering 1.25 million sq ft of development potential.

Allcargo Logistics Q1 Profit Plunges 97%: Key Highlights

August 14, 2024 12:32

Allcargo Logistics's net profit in Q1 FY24 fell 97% to Rs 3.36 crore, despite revenue growth. Learn about the factors driving performance and future outlook.

Blue Dart Expands Direct Reach to 300+ Pin Codes

August 13, 2024 22:07

Blue Dart expands its direct reach to over 300 pin codes, enhancing supply efficiency for businesses and improving transit times for customers.

Tamil Nadu Approves Rs 44,125 Cr Projects, Renewable Energy Policies

August 13, 2024 17:55

Tamil Nadu cabinet approves 15 investment proposals worth Rs 44,125 crore, including renewable energy policies and projects in electronics, food processing, and more. The state aims to generate...

Unicommerce Esolutions Stock Soars 117% on Debut

August 13, 2024 10:44

SoftBank-backed Unicommerce Esolutions Ltd saw its shares surge over 117% on its market debut, with a strong opening price of Rs 235. The company's IPO was oversubscribed 168 times.

India's Food Market to Reach USD 1.274 Trillion by 2027

August 10, 2024 16:37

A new report forecasts India's domestic food market to reach USD 1.274 trillion by 2027, driven by growth in the food processing industry and innovative startups.

GeM Portal Reaches Rs 10 Lakh Cr in 8 Years: Public Procurement

August 9, 2024 20:48

India's GeM portal has facilitated nearly Rs 10 lakh crore in public procurement over the past eight years, empowering MSMEs, startups, and women entrepreneurs. Learn more about its impact.

Goyal Assures Conducive Business Environment for Indian Industries

August 9, 2024 19:51

Commerce Minister Piyush Goyal met with industry CEOs to discuss regulatory reforms, trade, logistics, and other issues to create a conducive business environment in India.

Nepal Delegation Explores Vizag Port Trade Potential

August 9, 2024 18:01

A Nepalese delegation visited Visakhapatnam Port to assess its commercial viability and discuss trade facilitation, logistics costs, and port connectivity to boost bilateral trade.

Mahindra Logistics Partners with Sangti to Reduce Supply Chain Emissions

August 9, 2024 17:55

Mahindra Logistics collaborates with Sangti Solutions to implement AI-powered technology for reducing carbon emissions in supply chain operations, aiming for carbon neutrality by 2040.

India's Coal Sector: Govt Focuses on Logistics for Efficient Transportation

August 9, 2024 17:05

The Indian government emphasizes reducing logistics constraints for efficient coal transportation, aiming to achieve 1.5 billion tonnes of coal production by FY'30.

GeM Portal Crosses Rs 9.82 Lakh Crore in Procurement: Prasada

August 9, 2024 16:24

India's government e-marketplace, GeM, has surpassed Rs 9.82 lakh crore in public procurement since its inception, with over 62 lakh sellers and service providers registered. Learn more about the...

Amazon India Sets Up Disaster Relief Hubs for Urgent Aid

August 9, 2024 13:57

Amazon India establishes four disaster relief hubs across India to provide urgent aid within 24 hours in response to natural disasters like floods and cyclones.

Kerala & TN to Attract Investments: Minister

August 8, 2024 22:30

Kerala's Industries Minister P Rajeev suggests collaboration with Tamil Nadu to attract investments and industrial development, highlighting Kerala's potential beyond tourism.

Global Distriparks Profit Down 23% in Q1 FY25

August 8, 2024 21:01

Global Distriparks Ltd's net profit declined 23% to Rs 49 crore in Q1 FY25, impacted by global supply chain disruptions. Revenue also fell by 4.59%.

Jindal Steel Reduces Reliance on Australian Coke

August 8, 2024 18:45

Jindal Steel and Power has cut its dependence on Australian coking coal by over 50%, diversifying its sourcing to reduce costs and improve supply chain efficiency.

Unicommerce eSolutions IPO Oversubscribed 168 Times

August 8, 2024 18:45

Unicommerce eSolutions IPO, backed by SoftBank, received bids for 168.35 times the shares on offer, with strong interest from QIBs and retail investors.

India's Logistics Cost to Fall Below 9% of GDP by April 2024: Gadkari

August 8, 2024 18:19

Union Minister Nitin Gadkari predicts India's logistics cost will drop to 9% of GDP by April 2024, boosting exports. He emphasizes the government's focus on rural development and agriculture growth.

Goyal to Meet Industry Captains on Thursday: Logistics, Infrastructure, and More

August 7, 2024 21:39

Commerce Minister Piyush Goyal is set to meet industry leaders on Thursday to discuss issues like logistics, infrastructure, government policies, productivity, and supply chains.

Unicommerce eSolutions IPO Subscribed 12.22 Times

August 7, 2024 19:20

Unicommerce eSolutions IPO, backed by SoftBank, has been subscribed 12.22 times on day 2. The IPO received bids for 17,20,68,750 shares against 1,40,84,681 shares on offer.

TVS Supply Chain Solutions Signs Multi-Year Contract with JCB India

August 7, 2024 17:52

TVS Supply Chain Solutions has secured a multi-year contract with JCB India to manage its in-plant warehousing and logistics operations at the JCB facility in Vadodara, Gujarat.

Kaushalya Logistics Expands with New Vertical & Depot in Maharashtra

August 6, 2024 17:25

Kaushalya Logistics launches a new freight forwarding vertical and a cement depot in Maharashtra, boosting logistics services for Adani Cement.

Unicommerce eSolutions IPO Fully Subscribed: SoftBank-Backed SaaS Platform

August 6, 2024 14:19

Unicommerce eSolutions IPO, backed by SoftBank, was fully subscribed within hours of opening. The IPO, offering 2.56 crore shares, attracted strong interest from retail and institutional investors.

RMZ, CPP Sell Chennai Office Towers to Keppel for USD 264mn

August 6, 2024 13:40

RMZ Corp and CPP Investments sold One Paramount 1, a Grade A office complex in Chennai to Keppel Ltd for USD 264 million. The transaction reflects strong investor confidence in India's commercial...

Unicommerce IPO: Rs 124 Cr Raised from Anchor Investors

August 5, 2024 22:29

Unicommerce eSolutions, a SoftBank-backed SaaS platform, has raised Rs 124 crore from anchor investors ahead of its IPO. The IPO will open for subscription between August 6 and 8.

Mahindra Lifespace, Actis Form JV for Industrial Parks - Chennai Project

August 5, 2024 14:21

Mahindra Lifespace and Actis have formed a joint venture, Ample Parks, to develop industrial and logistics parks across India. Their first project, a 70-acre park in Chennai, is already underway.

Govt Approves Rs 50,655 Crore High-Speed Road Projects

August 2, 2024 20:59

The Union Cabinet approved eight high-speed road corridor projects totaling 936 km and costing Rs 50,655 crore, aiming to enhance logistics and connectivity across India.

Delhivery Q1 FY25 Profit: Rs 54 cr, Revenue at Rs 2,172 cr

August 2, 2024 19:43

Delhivery reported a profit after tax (PAT) of Rs 54 crore for the June quarter FY25, a significant improvement from the Rs 89 crore loss in the same period last year. Revenue grew to Rs 2,172 crore.

Meghalaya & Mother Dairy Partner for Agri Marketing

August 2, 2024 19:34

Meghalaya govt signs MoU with Mother Dairy for agricultural marketing & supply chain management, aiming to improve farmer livelihoods & boost agricultural production.

Adani Ports Q1 Profit Surges 47% to Rs 3,107 Crore

August 1, 2024 15:56

Adani Ports & SEZ Ltd reported a 47% rise in its consolidated net profit to Rs 3,107 crore in the June quarter, driven by higher income and cargo volume growth.

India Needs Reforms to Attract FDI: GTRI

August 1, 2024 11:52

Global Trade Research Initiative (GTRI) highlights strategic reforms needed to boost India's FDI appeal. The think tank suggests measures to reduce costs, improve Ease of Doing Business and create...

Unicommerce IPO Price Band: Rs 102-108/Share

August 1, 2024 10:09

SoftBank-backed SaaS platform Unicommerce eSolutions sets IPO price band at Rs 102-108 a share. The IPO will open on August 6 and conclude on August 8.

Capital Group Sells 4.3% Stake in SIS for Rs 258 Crore

July 31, 2024 20:36

Capital Group offloads 4.3% stake in SIS for over Rs 258 crore through open market transactions, while Abu Dhabi Investment Authority buys shares in the company.

Unicommerce IPO: SoftBank-backed SaaS Firm to List on Aug 6

July 31, 2024 14:52

Unicommerce eSolutions, backed by SoftBank, will launch its IPO on August 6. The SaaS platform enables e-commerce operations for brands, retailers, and marketplaces.

Airtel's Growth Opportunity in India's $35 Trillion Economy

July 30, 2024 15:06

Airtel Chairman Sunil Mittal highlights the growth opportunities presented by India's goal of a $35 trillion economy by 2047, emphasizing the role of 5G and digital transformation.

ElectricPe Raises USD 3 Million for EV Charging Expansion

July 30, 2024 13:07

ElectricPe, an EV charging aggregator, secures USD 3 million in funding led by Green Frontier Capital to expand its services and reach new markets.

Unicommerce Sees 16% Order Growth During Mid-Year Sales

July 30, 2024 00:26

Unicommerce, an IPO-bound SaaS platform, reports a 16% increase in order volume during recent mid-year online sales, driven by strong performance in health, FMCG, and beauty categories.

Unicommerce Sees 16% Order Growth During Mid-Year Sales

July 29, 2024 22:19

Unicommerce, an IPO-bound SaaS platform, reports a 16% increase in order volume during mid-year online sales, driven by strong demand for health & pharma, FMCG, and beauty &...

West Bengal Aims to Double Exports by 2030

July 29, 2024 20:31

West Bengal government sets an ambitious target to double exports by 2030, focusing on MSME sector and establishing Export Facilitation Centers across districts.

Kerala Secures Rs 12,000 Cr Investment: Minister Rajeeve

July 29, 2024 19:17

Kerala has secured nearly Rs 12,000 crore in investments from 300 entrepreneurs over the past three years, says Minister P Rajeeve. The state's industry-friendly environment has attracted...

India Aims for USD 30 Trillion Economy by 2047: NITI Aayog

July 28, 2024 16:07

India aims to achieve a USD 30 trillion economy with USD 18,000 per capita income by 2047, according to NITI Aayog's 'Vision for Viksit Bharat @ 2047' paper. The document outlines key challenges...

BookMyCargo Enters B2C Logistics, Aims Rs 100 Cr Turnover

July 28, 2024 11:10

BookMyCargo, a logistics player, has entered the B2C segment targeting Rs 100 crore turnover by FY30. The company aims to tap the growing demand for same-day deliveries.

India's Vision for Viksit Bharat @ 2047: NITI Aayog

July 27, 2024 21:22

NITI Aayog outlines key structural challenges India needs to address, including manufacturing, logistics, and income disparity, to avoid the Middle-Income trap.

TCI Logistics Q1 Profit Rises 10% to Rs 92 Cr

July 27, 2024 14:23

TCI, a leading logistics firm, reported a 10% increase in Q1 profit to Rs 91.6 crore, driven by growth across various segments including coastal shipping, rail multimodal solutions, and warehousing.

DPIIT Recognizes 1.40 Lakh Startups in India

July 26, 2024 16:20

The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 1.40 lakh entities as startups as on June 30, 2024. The government launched the Startup India initiative in 2016...

India's First Agri-Export Facility at Jawaharlal Nehru Port

July 26, 2024 14:59

India's first integrated agri-export facility, a Rs 284.19 crore project at Jawaharlal Nehru Port, aims to boost agricultural exports, enhance logistics efficiency, and empower farmers.

First Freighter Aircraft Arrives at Goa's Manohar Airport

July 25, 2024 17:27

Manohar International Airport in Goa welcomes its first freighter aircraft, carrying 22 tons of goods. This marks a significant milestone for the airport's cargo operations.

Auto Component Industry Turnover Up 10% in FY24: ACMA

July 25, 2024 16:50

India's auto component industry grew by 9.8% to Rs 6.14 lakh crore in FY24, driven by domestic and export growth, as per ACMA. The industry saw a trade surplus of USD 300 million.

Tamil Nadu CM Stalin Meets UAE Minister for Investment Partnerships

July 25, 2024 15:45

Tamil Nadu Chief Minister M K Stalin discussed investment partnerships with UAE Minister Al Marri, focusing on MSMEs and job creation in sectors like logistics, retail, and affordable housing.

CMS Info Systems Q1 Profit Up 7.71% to Rs 90.8 cr

July 24, 2024 21:47

CMS Info Systems reported a 7.71% rise in net profit to Rs 90.8 crore in Q1 FY25. Revenue grew 17% to Rs 387 crore, driven by strong growth in cash logistics and managed services.

GNSS-Based Toll Collection on NHs: Gadkari's Announcement

July 24, 2024 17:20

India's road ministry plans to implement a GNSS-based toll collection system on select national highways, complementing FASTag. The announcement was made by Union Minister Nitin Gadkari.

Punjab Seeks Incentives for Border District Development - 16th Finance Commission

July 23, 2024 22:15

Punjab government requests incentives from the 16th Finance Commission for industrial growth in border districts, including special economic zones and freight subsidies.

India's Logistics Powerhouse: Budget Boosts Infrastructure, Tech & MSMEs

July 23, 2024 20:25

India's Union Budget 2024-25 focuses on infrastructure development, technology, and supporting MSMEs, positioning India as a global logistics powerhouse. Industry executives applaud the initiatives.

Jute Industry Welcomes Union Budget: Key Initiatives &' Benefits

July 23, 2024 17:35

The Indian jute industry, facing challenges, welcomes the Union Budget's initiatives aimed at promoting jute production, research, and export, boosting employment and skilling.

Gold Import Duty Cut: Boosting Jewellery Exports & Startups

July 23, 2024 17:29

India's Budget 2024-25 cuts gold import duty to 6% to boost domestic manufacturing and jewellery exports, while also removing angel tax for startups.

MSME Credit Guarantee Scheme: FM Announces Support Measures

July 23, 2024 15:14

India's Finance Minister announces a credit guarantee scheme for MSMEs, new assessment models, and e-commerce export hubs to boost growth and exports.

E-commerce Export Hubs: India Aims for $1 Trillion Exports by 2030

July 23, 2024 13:52

India plans to set up e-commerce export hubs in PPP mode to boost exports, aiming for $1 trillion merchandise exports by 2030. The initiative will focus on MSMEs and traditional artisans,...

GST Simplification: FM Nirmala Sitharaman's Announcement

July 23, 2024 12:17

Finance Minister Nirmala Sitharaman announced plans to simplify and rationalize the Goods and Services Tax (GST) structure, aiming to boost ease of doing business.

Mahindra Logistics Profit Drops 55% in Q1 FY25

July 22, 2024 22:30

Mahindra Logistics Ltd (MLL) reported a 55% decline in standalone profit to Rs 10.15 crore in the April-June quarter due to higher startup costs and expenses.

Company Name
Price
Volume

Srestha Finvest
0.93 (+ 4.49)
32106352

Alstone Textiles
0.81 (+ 6.58)
11966371

AvanceTechnologies
0.86 ( -4.44)
11160659

Jaiprakash Power Ven
22.68 ( -0.92)
10782799

Vodafone Idea L
9.16 ( -1.72)
10515703

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