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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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Stocks to Buy: Siddharth Sedani picks 3 logistics stocks for high returns | Sid Ki Sip

Stocks to Buy: Siddharth Sedani picks 3 logistics stocks for high returns | Sid Ki Sip

Wed, Sep 21, 2022

According to Siddharth, the logistic industry is expected to be valued at $300-350 billion. He said that the new National Logistics Policy plans will reduce the logistic cost to 8%.

Accuracy Shipping to foray into new arenas - What company said

Accuracy Shipping to foray into new arenas - What company said

Tue, Sep 13, 2022

The NSE listed Accuracy Shipping is currently providing third party logistics solutions including customized and end-to-end logistics solutions.

Drone delivery and logistics startup Zipline hires Indian-origin former Tesla veteran Deepak Ahuja

Drone delivery and logistics startup Zipline hires Indian-origin former Tesla veteran Deepak Ahuja

Tue, Sep 13, 2022

Zipline designs, manufactures and operates the world's largest instant logistics and delivery system for businesses, governments and consumers.

Jet Freight Logistics announces expansion plans; eyes US market

Jet Freight Logistics announces expansion plans; eyes US market

Wed, Aug 10, 2022

Recently, the Chairman and Managing Director of Jet Freight, Richard F. Theknath made several trips to the US and visited renowned and business-friendly places like Washington, New York, Indiana, St. Louis, and Rhode Island and found them to be very prominent and worth exploring.

Shriram Properties Ltd likely to grow at 25% CAGR for the next three years: M Murali, CMD

Shriram Properties Ltd likely to grow at 25% CAGR for the next three years: M Murali, CMD

Wed, Apr 27, 2022

Murali M, Shriram Properties Ltd talks about MoU with LOGOS, execution timelines, land parcel available with the company, township project, ‘Shriram Grand City', project pipeline, and more during an exclusive interview with Swati Khandelwal, Zee Business.

Omega Seiki Mobility forms JV with Rabbit Express to tap African market

Omega Seiki Mobility forms JV with Rabbit Express to tap African market

Mon, Mar 28, 2022

Faridabad-based electric vehicle maker, a part of the Anglian Omega Group, Omega Seiki Mobility (OSM) has signed a joint venture pact with the Egyptian e-commerce last-mile delivery firm Rabbit Express to tap the African market.

EV maker OSM set to deliver 1,500 e-cargo 3-wheelers to freight provider Zyngo for last-mile delivery

EV maker OSM set to deliver 1,500 e-cargo 3-wheelers to freight provider Zyngo for last-mile delivery

Fri, Feb 25, 2022

Omega Seiki Mobility (OSM) announced on February 25 that it had formed a strategic partnership with logistics company Zyngo to provide 1,500 e-cargo three-wheelers called ‘Rage+’ to the latter for last-mile deliveries across India.

Sindhu Trade Links Ltd. determined to be debt free by 2023

Sindhu Trade Links Ltd. determined to be debt free by 2023

Thu, Feb 24, 2022

Sindhu Trade links Ltd. aims to be debt free by 2023. The company is a ‘one-stop shop’ for a wide range of support services in the field of mining and allied activities, logistics and transportation. STTL has already reduced its bank debt by Rs. 1041.5 million.

Logistics tech startup Pickrr launches early COD option for sellers

Logistics tech startup Pickrr launches early COD option for sellers

Fri, Jan 07, 2022

Logistics tech startup Pickrr on Thursday said it has launched an early COD (cash on delivery) service for its sellers that will help in faster money transfers to their bank.

Logistics platform Yojee teams up with Here Technologies to create operations intelligence solution

Logistics platform Yojee teams up with Here Technologies to create operations intelligence solution

Thu, Jan 06, 2022

Yojee has teamed up with Here Technologies to create a unique operations intelligence solution to transform warehouse management for global companies, a release said on Thursday.

Distribution startup Ripplr raises $12 million in debt, equity

Distribution startup Ripplr raises $12 million in debt, equity

Thu, Dec 23, 2021

Ripplr has raised USD 12 million (around Rs 90 crore) in a funding round with a mix of equity and debt from Japanese firm Sojitz Corporation and Stride Ventures.

Sector Outlook 2022: National Logistics Policy and Warehousing Policy will benefit the sector: Prem Kishan Gupta, Gateway Distriparks

Sector Outlook 2022: National Logistics Policy and Warehousing Policy will benefit the sector: Prem Kishan Gupta, Gateway Distriparks

Thu, Dec 23, 2021

Chairman and Managing Director, Gateway Distriparks, growth opportunities in the coming year 2022, concerns related to Omicron, plans related to cost hikes/reduction, benefits of the upcoming National Logistics Policy and National Logistics Policy as well as budget expectations, among others, during an exclusive interview with Zee Business' Swati Khandelwal.

Logistics tech startup Pickrr targets 80-90% next-day deliveries; unveils 10 fulfilment centers

Logistics tech startup Pickrr targets 80-90% next-day deliveries; unveils 10 fulfilment centers

Tue, Dec 14, 2021

Logistics tech startup Pickrr is targeting 80-90 per cent next-day deliveries, amid a strong 1-million fulfilment orders in January next year, the platform said on Tuesday.

Logistics platform Shiprocket gets Rs 1,380 crore Series E funding from Zomato, Temasek and more

Logistics platform Shiprocket gets Rs 1,380 crore Series E funding from Zomato, Temasek and more

Fri, Dec 10, 2021

Logistics technology platform Shiprocket on Friday said it has signed a definitive agreement for a $185 million (Rs 1,380 crore) Series E funding round, co-led by Zomato, Temasek and Lightrock India.

Multibagger of 2021! This small & midcap stock is a play in logistics sector

Multibagger of 2021! This small & midcap stock is a play in logistics sector

Fri, Dec 03, 2021

Investors who missed out on the rally seen in the logistics space can look at buying the stock at current levels or on dips for a target of Rs 790 that translates into an upside of about 15 per cent from Rs 687 recorded on 1 December

Demand pickup, infrastructure creation to grow logistics sector

Demand pickup, infrastructure creation to grow logistics sector

Sat, Oct 23, 2021

A pick-up in demand along with reforms and construction of support infrastructure is expected to grow India`s logistics sector by 10-12 per cent CAGR.

FMCG, e-Commerce businesses are expected to perform well in 2021: Rampraveen Swaminathan, Mahindra Logistics

FMCG, e-Commerce businesses are expected to perform well in 2021: Rampraveen Swaminathan, Mahindra Logistics

Mon, Dec 28, 2020

Rampraveen Swaminathan, Managing Director & Chief Executive Officer, Mahindra Logistics, talks about expectations with COVID vaccine distribution opportunity, and outlook for the New Year, 2021, during a candid chat with Swati Khandelwal, Zee Business

Festive season jobs alert! Massive! 30k to be hired by this logistics solutions provider to e-commerce industry

Festive season jobs alert! Massive! 30k to be hired by this logistics solutions provider to e-commerce industry

Mon, Sep 14, 2020

Technology enabled end-to-end logistics solutions provider to e-commerce industry major, Ecom Express, has announced that it will be creating 30,000+ seasonal employment through September and October months across its Fulfilment Centres, Hubs, Sortation Centres and Delivery Centres.

'Centre creating digital platforms for logistics sector's growth'

'Centre creating digital platforms for logistics sector's growth'

Sun, Jul 05, 2020

The Centre is creating digital platforms for increasing the working capacity along with transportation efficiency of the country's logistics sector, a senior government official said on Saturday.

Booster shot for economy! French firm FM Logistic to invest 150 million dollars in India, create new jobs - All details here

Booster shot for economy! French firm FM Logistic to invest 150 million dollars in India, create new jobs - All details here

Tue, Sep 24, 2019

Talking exclusively to Zee Business Digital, Jeremy Lefevre, Construction Director Asia, NG Concept (sister concern of FM Logistic) and Alexandre Amine Soufiani, Managing Director, FM Logistic India, confirmed that this warehouse, which is expected to be completed in December 2020, is part of the five-year US$ 150 million investment plan the company announced in March 2019.

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