Work on India-UAE leg of $20b trade corridor set to kick off
NEW DELHI : Work on the India-UAE leg of the $20 billion transcontinental India-Middle East Europe Economic Corridor (IMEC), widely viewed as a counter to China’s intercontinental Belt and Road Initiative, is set to
JSW Infra arm JSW Port Logistics to acquire majority stake in Navkar Corporation
MUMBAI : Sajjan Jindal-led JSW Infrastructure, the second largest private commercial port operator in India, has acquired a 70.37 per cent stake in BSE-listed Navkar Corporation, a logistics firm, for Rs 1,012 crore. According
Chabahar Port sees 6x container traffic growth in FY24, more investments on cards
NEW DELHI : India funded Chabahar Port in Iran has seen a 600 per cent increase in container traffic y-o-y in FY24, with the terminal handling 64,245 TEUs (twenty equivalent units), data from India’s
IndoSpace leases over 1.25 Lakh Sq.Ft. to CJ Darcl Logistics in Bengaluru
BENGALURU : CJ Darcl Logistics Ltd. (CJ Darcl), a diversified multimodal logistics company, has leased over 1.25 lakh square feet of warehousing space in the Narasapura Industrial and Logistics Park of IndoSpace, for a period of 9 years. IndoSpace
DTDC Express appoints Ankita Tiwari as New Chief Human Resources Officer (CHRO)
MUMBAI : DTDC Express Ltd., a leading express logistics provider in India, has appointed Mrs. Ankita Tiwari as its new Chief Human Resources Officer (CHRO). With extensive experience in HR leadership, Ankita brings a
Borzo to move its headquarters to Mumbai
MUMBAI : Borzo (erstwhile WeFast), a global intracity same-day delivery service has announced that the company is moving its headquarters from Amsterdam to Mumbai. The decision to make this strategic move is driven by
Maersk opens its first low GHG emissions warehouse in Denmark
FREDERICIA (DENMARK) : Less than two years ago, Maersk started construction works for its first low greenhouse gas emission warehouse in Denmark, located in Taulov Dry Port in Fredericia. On 24th June 2024, the
Memorandum signed on the development of the European gauge railway line to Klaipėda
KLAIPEDA : A Memorandum was signed in Klaipėda, providing for closer cooperation in decision-making on developing the new European gauge railway line to Klaipėda. The Memorandum was signed by the heads of the Ministry