LOGISTICS COMPANIES

Technology is changing quite rapidly. But therein lies an opportunity to explore newer career possibilities. Working professionals must find time to upskill themselves at every turn of their career, says Mahindra Group CEO & MD Anish Shah.

The Transport Corporation of India (TCI) reported a 10% increase in consolidated profit after tax, reaching Rs 91.6 crore for the quarter ending June 30, 2024. Revenue also rose to Rs 1,056 crore. The company's growth was seen across various segment...

Rohan Verma, CEO of MapMyIndia, highlighted the potential of GIS mapping and the ULPIN system to revolutionize land records in India. The initiative aimed to boost social harmony, economic benefits, and efficient urban planning. Verma criticized mon...

The industry expects the finance minister to focus heavily on economic growth, providing a significant boost to entrepreneurship and ironing out challenges on the path to growth.

The Economic Survey 2024 highlighted significant advancements in India's logistics sector, including improved global rankings, digitalization efforts, and efficiency gains. Key initiatives like PM Gati Shakti and National Logistics Policy have contr...

IDBI Bank and Suzlon Energy are among 44 companies announcing first quarter results. IDBI Bank shows growth in deposits and advances, while Suzlon Energy reports a decline in profit. Stay informed about these companies' financial performance.

There are many textbook definitions of the word “ moat”. But what it means in simple terms is that there has to be something in a business and the management which makes it different from others and also helps it grow faster and more importantly on ...

Here's a concise synopsis: Dividends are distributed to shareholders whose names are listed in the company's records on the record date. With the T+1 framework, the record date and ex-date are usually identical, except when a market holiday falls af...

The used truck market has seen price hikes, with Shriram Mobility Bulletin reporting a 38% rise in the 1.5 to 2 tonne segment, 22% in 2 to 3.5, and 21% in 3.5 to 7.5 tonne. Ashutosh Pandey cites logistical stress and rising new vehicle prices. Shrir...

Recently, JSW Infra announced its acquisition of Navkar Corp. On the face of it there is nothing special about it as merger and acquisition is a very normal activity which keeps happening. But the fact that it happened in sectors like logistics, whe...

Polycab, United Spirits, Mahindra Logistics are in focus for dividends, bonuses, and stock splits. Key stocks include Clara Industries (4:1 bonus July 8), Deep Industries (Rs 2.44 dividend July 9), JSW Steel (Rs 7.3 dividend July 9), Mphasis (Rs 55 ...

As Delhi's extreme summer transitioned from heatwaves to humidity and now monsoon rains, gig workers on two-wheelers continued delivering essentials. Despite weather hazards, they endure long shifts, often over 12 hours, due to economic necessity. E...

Third-party logistics firm Ecom Express is looking to list on the public markets to raise Rs 3,000 crore, two people aware of the development told ET. The Warburg Pincus-backed company has appointed bankers Kotak Capital, IIFL, Axis Capital, and UBS...

"Ecom Express has initiated the process for the public issue, which includes both a fresh issue and an offer for sale from the existing investors. The company is likely to file its draft red herring prospectus soon," said one of the people cited abo...

Ecom Express plans a $170 million rights issue with existing investors. Revenue grew 20% in FY23 despite widening losses. The company postponed a public listing like Delhivery and Xpressbees. Serving Meesho, Ecom Express ventures into quick-commerce...

Companies like Tata Elxsi, Titan, and JSW Holdings are set to be in the spotlight this week with corporate actions such as dividends, stock splits, and annual general meetings lined up.

SLCM acquires second Agri Reach patent for real-time quality control data monitoring in warehouses, bolstering agricultural ecosystem self-reliance.

It will take some more time for the street to get out of the political noise and analysis and stocks may witness some more correction. But these are all short term issues, in the end markets are keen about two things, overall economic growth and ear...

Extreme summer heat, rising absenteeism, and productivity loss have led to a high demand for last-mile delivery and warehouse personnel in India. About 2,000 delivery personnel are dropping off daily in quick commerce and 5,000 in food delivery, wit...