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DTDC Express looks to invest at least Rs 100 cr in infra, tech development this fiscal

The company is also expecting 30 per cent growth in total shipments handling this festive season (October-November) as compared to SeptemberMumbai: DTDC Express looks to invest at least Rs 100 crore in infrastructure and technology development, among others, this...

Indian road logistics industry on a smooth ride in FY2024: ICRA

It said the industry's revenue growth is pegged at 6-9 per cent in FY2024 on an elevated base of FY2023, driven primarily by demand from varied segments like e-commerceNew Delhi: Rating agency ICRA on Wednesday said that it anticipates a...

Amazon strengthens last mile infrastructure, onboards new partners

Over the last two years, Amazon India has already onboarded close to 100 new Delivery Service Partners (DSPs) Bengaluru: E-commerce marketplace Amazon India has onboarded 12 new entrepreneurs as part of its Delivery Service Partner (DSP) program across Telangana, Karnataka, Delhi...

‘The Three-mile Tale: Dissecting The New-age Retail Supply Chain Network’ by CBRE

The report delves into the evolving landscape of retail warehousing in India, offering insights and a forward-looking roadmap for the industryBengaluru: ‘The Three-mile Tale: Dissecting The New-age Retail Supply Chain Network’ report by real estate consulting firm CBRE delves...

4 mega brands that faded into oblivion

These brands once had a cult following across the globe. But they failed to adapt to the changing times and today, they are all but forgotten….New Delhi: Over the decades, brands like Apple, Netflix, Amazon and Facebook became household names....

Meesho aims to grow merchant base 10 times to 1.1 cr by 2027

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchantsNew Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

National e-commerce policy in final stages; to be presented before top-level: official

The proposed policy would take into account the interests of all stakeholders, like investors, manufacturers, MSMEs, traders, retailers, startups and consumersNew Delhi: The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final...

Snowman Logistics registers 48% growth in revenue in Q1 FY23-24

EBITDA increased to Rs 25.42 crore from Rs 21.26 crore, registering a 20% growth for the same period in the previous year and PAT increased to Rs 3.38 crore from Rs 1.89 crore in the corresponding quarter of the...

Supply chain major Prozo opens three warehouses in Bengaluru and Ludhiana

Prozo expands with three new warehouses in Bidadi and Makali and Ferozpur Road, covering 1.5 million sq. ft. in 12 locations across India with 30 omnichannel fulfilment centres operational Mumbai: Prozo, a full-stack supply chain company, has launched three new state-of-the-art...

Mahindra Logistics reports Rs 9 cr loss in Q1

It had posted Rs 13 crore net profit in the corresponding period of 2022-23, according to a BSE filingNew Delhi: Mahindra Logistics on Monday posted a consolidated net loss of Rs 9 crore for April-June 2023-24.It had posted Rs...
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Prices of tomato, potato in bitter taste; home-cooked meals get costlier in Dec: Report

A 16% on-year increase in vegetable oil cost due to import duty hikes by the government aggravated it for...
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