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Why government needs to implement GPS in earnest in logistics industry
In other countries, GPS devices have been used for the last two decades by the supply chain industry to improve operational efficiencies. India has been a slow follower. But the govt is finally trying hard to play catch-up, & it is imperative that this endeavour is successful. Ensuring success, however, is very challenging. A change in perspective could make all the difference.
Allcargo Logistics buys controlling stake in Gati
The all-cash deal will see the company eventually acquiring about 45% in Gati through a dir...
Flipkart leads $60 million round in logistics startup Shadowfax
The companies did not disclose the transaction value, but sources briefed on ...
Stocks in the news: YES Bank, Reliance Ind, Bharti Airtel, Gati, M&M and Allcargo Logistics
Antique Stock Broking has maintained buy rating on ICICI Bank with a target price of Rs 575.
Govt asks e-commerce firms to file FDI compliance report annually
"Against Sl. No. 15.2.3, for entry (p), the following entry shall be substituted, namely-(p) e-commerce marketplace entity with FDI shall have to obtain and maintain a report of statutory auditor by 30th of September every year for the preceding financial year confirming compliance of the e-commerce guidelines," the gazatte notification said
Gati jumps 5% as Allcargo Logistics deal likely this week
Gati’s promoters, headed by Mahendra Agarwal, owned 17.78 per cent in the company as of September end.
Rival brokerage firms go all out to attract clients of Karvy
Karvy Stock Broking has about 12 lakh clients, out of whom 3 lakh are active clients.
UAE’s top companies to invest in food, logistics in Punjab
As one of the partner countries for Progressive Punjab Investors Summit (PPIS) 2019, UAE is looking at increasing its stake in the state’s development and growth by strengthening their existing strategic ties.
Rupee firms up by 13 paise against dollar
The local unit settled for the day at 71.53 against the US dollar, higher by 13 paise over its previous closing.
India's Petronet LNG says in talks with several firms on deals
Mishra said Petronet is in the process of appointing a consultant to help guide the company to sign deals to buy LNG from overseas suppliers
Indian tech firms are looking beyond traditional hubs to set up shop in the US
American headhunters also say that cities like Austin and Seattle are becoming technology hubs.
Asian shares gain as Trump fuels trade deal optimism, oil firm on OPEC+ output cut
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 per cent.
Sensex rises 100 points, Nifty nears 12,050 amid firm global cues
Volatility indicator India VIX punged 9.78 per cent to below 13 level.
Stocks in the news: CSB Bank, Gati, LVB, HDFC AMC, Sequent Scientific and Sical Logistics
Entities belonging to Capri Group have bought 4.9% in Lakshmi Vilas Bank.
Asian shares gain as Trump fuels trade deal optimism, oil firm on OPEC+ output cut
Australian shares rose 0.2 per cent and South Korea's Kospi climbed 0.8 per cent, while China's Shanghai Composite and Hong Kong's Hang Seng indexes gaining 0.1 per cent and 0.9 per cent, respectively.
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