Logistics company Delhivery Q4FY23 loss widens to Rs 159 cr
Mumbai: Logistics unicorn Delhivery recorded a wider net loss of Rs 159 crore in the fourth quarter ending March 2023.
India jumps 6 places to Rank 38 in World Bank’s Logistics Performance Index 2023
New Delhi/IBNS: India has jumped 6 places to rank 38 out of 139 countries in the 7th edition of Logistics Performance Index (LPI 2023) of the World Bank.
SoftBank sells 2.8 cr shares worth Rs 954 cr in block deal
Mumbai/IBNS: SoftBank sold 2.8 crore shares worth Rs 954 crore on Wednesday in the Gurgaon-based logistics firm Delhivery through bulk deals. The sale represents 3.85% of the company's total shares, and the shares were sold at Rs 340.80 each.
Softbank plans to sell shares worth Rs 600 cr in Delhivery via block deal on Wednesday: Report
Mumbai: Japan’s Softbank Group is planning to offload approximately Rs 600 crore worth of shares in Delhivery through block deals on Wednesday, media reports said.
New Delhi/IBNS: The logistics sector expects Union Budget to prioritize the strengthening of logistics and related infrastructure that would lead to economic growth for the country as a whole, according to Nikhil Agarwal, President-CJ Darcl Logistics.
PM launches National Logistics Policy
New Delhi/UNI: Prime Minister Narendra Modi on Saturday launched the National Logistics Policy, and said it is a major step towards becoming a developed country.
Delhivery to create over 75,000 seasonal jobs pan-India over next 6 weeks
Gurugram: Logistics provider Delhivery plans to create over 75000 seasonal jobs pan-India, over the next six weeks to cater to the significantly higher volumes during the festive season with both its parcel and express part-truckload businesses, the company said Friday.
Shyama Prasad Mookherjee Port Trust signed 42 MoUs, involving investment of Rs 30,000 cr in 2021
Kolkata/IBNS: Shyama Prasad Mookherjee Port Trust has signed 42 MoUs during Maritime Investment Summit (MIS) 2021, with economic investment of around Rs 30,000 crore, A K Mehra, Deputy Chairman of the port said Friday.
FarEye logistics platform bags Amway India contract
Bengaluru Feb 20, (IBNS): FarEye, a logistics technology solutions firm, has signed a contract with Amway India to help increase the visibility of deliveries of customer orders for the direct selling company.