Dubai: Serving the Logistics Needs of the World
From its infrastructure that includes world-class roads, ports, and airports to its central location, free trade policies, and more—Dubai has emerged as a leading hub for trade and logistics Geographically, Dubai’s location—a prime spot between the East and West—makes it a favorable site to connect and service the two corners of the world by road, […]
Pristine Logistics set for Rs.1,100 core IPO
Pristine Logistics will file its draft red herring prospectus with the Sebi next week. The offer comprises fresh issuance of shares along with an offer for sale by shareholders. MUMBAI: Pristine Logistics & Infraprojects Ltd plans to raise ₹1,100 crores through an initial public offering (IPO), according to people aware of the development. The company will […]
Neutral on Mahindra Logistics, target price Rs 500: Motilal Oswal Securities
Motilal Oswal Securities has a neutral call on Mahindra Logistics with a target price of Rs 500. The current market price of Mahindra Logistics Ltd. is Rs 443. Mahindra Logistics, incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 3160.92 Crore) operating in the Logistics sector. Mahindra Logistics […]
Smartr Logistics plans to enter third-party logistics biz; to set up 15 fulfillment centres
Smartr Logistics is looking to enter into the fast-growing third-party logistics (3PL) business from next year and plans to set up 15 fulfillment centres as well as some big warehousing facilities at select locations, the company’s MD and CEO, Yogesh Dhingra has said. Launched last year, the logistics tech-startup also plans to expand its presence […]
Jindal Steel & Power Ltd set to win ₹2,400-crore Paradip Port tender
JSPL beat Essar Ports Ltd and Navayuga Engineering Company Ltd to emerge the highest bidder Naveen Jindal-led Jindal Steel & Power Ltd (JSPL) has emerged as the highest bidder on a tender floated by State-owned Paradip Port Authority to build a 25-million tonne (mt) capacity, deep draft, dry bulk cargo terminal at the Western Dock […]
Cargo in Cabin Success Story of Air India Express
How did a small Indian airline faced with the uncertainties of the pandemic revive itself from the slump and in the process end up aiding farmers, one of the most vulnerable communities through the pandemic in an amazing tale of resilience and revival? ITLN reports Before the pandemic, cargo had simply been a by-product for […]
