Stocks in news: IDBI Bank, Future Supply Chain and JB Chemicals
Here are the top stocks that are likely to be in focus in today's trading.Sto...
Future Supply shares rise as CCI approves 22% stake acquisition by Nippon Express
The shares appreciated 5.98 per cent to Rs 529 on the NSE.
Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions
Nippon Express will acquire 22% stake through a combination of ...
E-pharmacies await govt to release regulations for the sector
"We want India to come up with a progressive e-pharmacy regulation. We want that as that would give a lot of clarity and confidence to the sector, whether it is investors, whether it is our business partners and vendors," 1mg Technologies Founder and CEO Prashant Tandon told reporters here. The government is yet to release the final notification.
Agri firm Kamatan Farm Tech raises Rs 30 crore
Proceeds of the latest funding round will be used to further expand its linkages with FPOs. In all, Kamatan has raised an estimated $10 million in a mix of debt and equity.
Supply chain solutions provider Holisol Logistics raises Rs 20 crore from BlackSoil Capital
Launched in 2009 by Dogar, Manish Ahuja and Naveen Rawat, Holisol works with OEMs, manufacturers, retailers, brands, and marketplaces. Its portfolio of solutions include providing inbound and outbound supply chain, fulfilment, consulting, and technology services. Proceeds will be used by the decade-old Holisol towards strengthening and capacity-building.
Companies must review outsourcing to mitigate geopolitical risk: Gartner
Geopolitical conditions have a direct impact on trade and economic activities of a country. According to Gartner Inc, recent events like the Sri Lankan terrorist attacks, the US-China trade dispute and political tensions in Hong Kong are raising fears of delivery disruptions. This could further affect global offshore services market.
Milk delivery startups limit products to conserve cash, make supply chain efficient
Gurugram-based Milkbasket said it was scaling down operations in select localities in Bengaluru and Delhi NCR — its two largest markets. DailyNinja, which counts Matrix Partners and Sequoia Capital as investors and has raised about $10 million, is looking for a buyer
India needs low tariffs to draw supply chains and create jobs: Raghuram Rajan
"Our problems, in general, is overly high tariffs rather than overly low tariffs. There may be some cleverness we need to figure out what works best," former RBI governor Raghuram Rajan said. He said one of India's big issues is how to become a part of both the regional as well as international supply chains.
Amazon, Flipkart will take at least a year to build supply chain capabilities: BigBasket's Hari Menon
“This is very good for the sector and how modern trade grew and opened up a new way to shop,” Menon said, adding that as grocery extends beyond the high socioeconomic classes towards the midsection, the market will expand.
Small towns go online to quench thirst for luxury
Most consumers tend to go bargain hunting online. For a large part of 2019, luxury mall managers reported that sales were lacklustre. Luxury goods websites, however, managed to buck the trend because of 20-50% lower costs on their sites. But at the moment, watch companies do not seem to be finding too many takers in tier-2 and 3 towns.
Allcargo, TVS Supply Chain Solutions in race for Sical Logistics' assets
Sical Logistics is the offshore and multimodal logistics services firm owned by the Coffee Day Group.
Future Supply Chain Solutions CEO is a qualified mountaineer, takes up yoga or zumba at work to stay fit
Arduous workouts of 90 mins daily helped PV Sheshadri adapt to the high-altitude environment.
IIM Calcutta to soon offer online courses in management science, supply chain analytic
The prestigious B-school has partnered with Coursera, a global online learning platform, to launch the courses which will be delivered fully online.
Nippon Express buys 22% in Biyani’s logistics company for Rs 646 crore
The current market capitalisation of FSC is Rs 2,142 crore.
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