Flipkart adds 4 new supply chains in Gujarat
AHMEDABAD : E-commerce giant Flipkart has just announced that it has added 4 new supply chains in Gujarat. The new chains will cater to the growing demand of
Big rush to set up shop at GIFT city: Deutsche Bank, Citigroup, Zerodha among 24+ applicants
GANDHINAGAR : Nearly two dozen financial institutions including Deutsche Bank, Citigroup, Nippon Life India and Zerodha are set to open shop at GIFT City even as banking transactions at the
Vman, India’s first leasing company in GIFT city, starts its Lease Transaction-Lease Airbus H1
GANDHINAGAR : Vman Aviation Services IFSC Pvt Ltd (Vman) is India’s first Aircraft leasing company, approved by IFSCA in GIFT City. Vman focuses on operating lease solutions to
Central Warehousing Corp offers 30% discount on storage fee
NEW DELHI : The Central Warehousing Corporation (CWC) will provide a 30% discount to farmer producers organisations (FPOs), promoted by Nabard, on using the agency’s storage space The
India for speeding up connectivity projects with Asean
NEW DELHI : India recently called for the speeding up of regional connectivity projects with members of the Association of Southeast Asian Nations (Asean), including the trilateral highway
E-way bill generation to be blocked from Aug 15 for GST return non-filers
NEW DELHI : The CBIC had earlier suspended the blocking of electronic way (e-way) bill generation for non-filers of GST returns, to give taxpayers compliance relief during the
Automobile export surge: Catching the trade winds
MUMBAI : At a time when domestic auto sales have been choked by Covid-19, Indian manufacturers finally have something to cheer about: the export market. According to data
Priority berth for Chittagong-Colombo ships stops
The Chittagong Port Authority has stopped providing priority berthing to Chittagong-Colombo vessels after export container backlog eased at off docks. The shipping agents of Chittagong-Malaysia and Chittagong-Singapore routes
Long-term container contract rates jump a record 28.1% in July
Xeneta’s latest XSI Long-Term Public Indices, which uses crowd-sourced data shippers, rose 28.1% in July, by far the biggest monthly rise the index has ever seen, the previous
History and Transition of Marine Fuel
In the shipping industry, the fuel used by ships is called “bunker”. This comes from the days when ships sailed using coal as fuel, and the term “bunker”