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Logistics

Tiger Logistics receives reaffirmation in credit ratings with stable outlook

Tiger Logistics receives reaffirmation in credit ratings with stable outlook

Tue, Oct 08, 2024

Earlier, the company said that its standalone net profit was at Rs 4.63 crore in June 2024. This was up 119.85% from Rs 2.10 crore in the same quarter a year ago.

India projected to see 10 lakh jobs this festive season, gig jobs surge

India projected to see 10 lakh jobs this festive season, gig jobs surge

Thu, Sep 12, 2024

The upcoming festive season in India is likely to see the creation of up to 10 lakh jobs with a notable surge in gig and female workforce participation, a report showed on Thursday. The festive season is expected to bring a significant boost in job opportunities, with a 35 per cent increase in both white-collar and blue-collar positions.

Emphasis on AI for growth in logistics, how will AI & technology benefit?

Emphasis on AI for growth in logistics, how will AI & technology benefit?

Fri, Aug 09, 2024

Keep an eye on CII Global Trade Conclave! Emphasis on AI for growth in logistics. How will AI & Technology benefit? Watch Zee Business' exclusive conversation with Mastek Chairman Ashank Desai.

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From lab to logistics, how a biochemistry student revolutionised the moving industry

From lab to logistics, how a biochemistry student revolutionised the moving industry

Wed, Aug 07, 2024

Debendra Prasad's story is one of transformation and innovation. With a strong foundation in biochemistry, Debendra took a bold leap into entrepreneurship, becoming the CEO of AssureShift. This groundbreaking platform has redefined how people approach relocation, streamlining the moving process with unmatched efficiency and transparency.

india manufacturing hub warehousing logistics supply register 13 14 per cent growth in fy25

india manufacturing hub warehousing logistics supply register 13 14 per cent growth in fy25

Tue, Jul 09, 2024

With the government's increasing thrust on making India a manufacturing hub, the industrial and warehouse logistics supply is projected to grow by 13-14 percent year-on-year (YoY) in FY25, a report showed on Tuesday.

India to see 13-14% growth in warehousing logistics supply in FY25: Report

India to see 13-14% growth in warehousing logistics supply in FY25: Report

Tue, Jul 09, 2024

With the government's increasing thrust on making India a manufacturing hub, the industrial and warehouse logistics supply is projected to grow by 13-14 percent year-on-year (YoY) in FY25, a report showed on Tuesday.

Lancer Container Lines Ltd aims to expand TEU capacity to 45,000 by FY26

Lancer Container Lines Ltd aims to expand TEU capacity to 45,000 by FY26

Fri, Jul 05, 2024

The Indian shipping logistics industry is one of the most important areas for the country's economy. The sector is experiencing significant growth, with the Indian government aiming to increase the share of waterways transport in the overall transport mix from 6 per cent to 12 per cent by 2025.

Cost, speed top priority for logistics sector: Last-Mile Trends Report 2024

Cost, speed top priority for logistics sector: Last-Mile Trends Report 2024

Sun, Apr 21, 2024

"In last-mile delivery now top priority is cost and speed. The needle has shifted from cost and satisfaction to cost and speed," it said. The report was unveiled during 'The Last Mile Leaders Event" organised by technology platform FarEye in collaboration with Microsoft this week.

Homegrown logistics solutions provider EWHL improves its debt-to-equity ratio

Homegrown logistics solutions provider EWHL improves its debt-to-equity ratio

Tue, Apr 09, 2024

The company said that it has disposed of one of the properties situated in Mumbai for this purpose.

1523% return in 3 years: This logistics firm to consider stock split soon - Check date and other details

1523% return in 3 years: This logistics firm to consider stock split soon - Check date and other details

Thu, Dec 21, 2023

Tiger Logistics (India) is a multibagger stock and has yielded an astonishing return of 1,523 per cent to its investors in the last three years.

Homegrown company to revolutionise global logistics with digital platform - Details

Homegrown company to revolutionise global logistics with digital platform - Details

Wed, Dec 20, 2023

According to the company, the feature of direct booking for shipments will make the entire process more convenient and will enhance efficiency.

India's logistics costs drop to 8.9% of GDP due to better infrastructure

India's logistics costs drop to 8.9% of GDP due to better infrastructure

Thu, Dec 14, 2023

Logistics costs are now comparable to many Western economies, and the government is aiming to further improve infrastructure through higher state and private investments, said Rajesh Kumar Singh, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).

inDrive launches freight service in Delhi-NCR, 2 other cities

inDrive launches freight service in Delhi-NCR, 2 other cities

Fri, Oct 13, 2023

Peer-to-peer global mobility and urban services platform inDrive announced its foray into the domestic logistics market with the launch of its freight services in three cities, including Delhi-NCR and Mumbai.

Delhivery, AWS, Nexus Ventures nurture logistics startups in India

Delhivery, AWS, Nexus Ventures nurture logistics startups in India

Tue, Sep 26, 2023

Twenty early-stage startups were selected among 234 applicants. The cohort included warehousing-focused ODWEN, Wherehouse and Warehousity; EV fleet providers, including EVIFY and Zyngo; agritech startups such as Upjao Agrotech and E Sandhai; and aggregator platforms Paapos, Hyphen SCS, and Loadexx, among others.

Importance of sustainability amid exponential growth of the Indian warehousing sector and latest trends

Importance of sustainability amid exponential growth of the Indian warehousing sector and latest trends

Sat, Sep 16, 2023

: In an era of heightened environmental consciousness, the imperative for businesses is to adopt eco-friendly practices within their supply chains.

Delhi-NCR witnesses 4% surge in average monthly warehousing rent during first half of 2023: Property Consultant

Delhi-NCR witnesses 4% surge in average monthly warehousing rent during first half of 2023: Property Consultant

Wed, Aug 16, 2023

Warehousing and logistics rent in Delhi-NCR rose 4% to Rs 22.5 per sq ft in H1 2023, driven by robust demand, says Vestian.

Multibagger: This logistics sector share is up over 650% in 2 years

Multibagger: This logistics sector share is up over 650% in 2 years

Wed, Aug 09, 2023

The BSE-listed company has reported a total income of Rs 59.44 crore during the reporting quarter as compared to Rs 46.76 crore during the same quarter of the last financial year.

Delhivery to give integrated warehousing, transportation solutions to Havells India

Delhivery to give integrated warehousing, transportation solutions to Havells India

Wed, Aug 09, 2023

In a statement on Wednesday, Delhivery said it has bagged a contract from Havells India for integrated supply chain solutions in the western region.

Cargo operator Pradhaan Air Express signs pact with Teleport for capacity sharing

Cargo operator Pradhaan Air Express signs pact with Teleport for capacity sharing

Mon, May 15, 2023

The Memorandum of Understanding (MoU) between the two partners was signed on the sidelines of the recently-concluded air cargo Europe/transport logistic trade fair in Munich, Germany.

Leading transportation and logistics firm explores growth options as it marches towards becoming debt-free

Leading transportation and logistics firm explores growth options as it marches towards becoming debt-free

Thu, May 11, 2023

The company caters to diversified industry to accelerate growth, adding new streams of revenue

Welspun One Logistics Parks launches second fund of Rs 2,000 crore

Welspun One Logistics Parks launches second fund of Rs 2,000 crore

Mon, Mar 13, 2023

Welspun launched the first fund in early 2021 and had got capital commitments worth Rs 500 crore from high net-worth investors and family offices and the capital was invested in companies, aggregating to 6.5 million squre feet and it expects to deliver 50 per cent of the portfolio by mid-2023, the company said in a statement.

DPIIT asks states to hold industry interactions for addressing logistics bottlenecks

DPIIT asks states to hold industry interactions for addressing logistics bottlenecks

Sat, Mar 11, 2023

A series of regional workshops are being organized to facilitate the wider adoption of the PM GatiShakti National Master Plan (NMP) platform across all the states/UTs to sensitise the state officials about it.

DPIIT starting exercise to prepare logistics cost framework

DPIIT starting exercise to prepare logistics cost framework

Thu, Mar 02, 2023

"We hope to firm up an index to gauge the country's logistics cost in a year. It will be an annual affair after that.We are organising an international workshop on logistics cost framework," the official said.

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