CWC to get company status to improve ease of doing business
NEW DELHI : Almost seven decades after its inception, the Centre plans to unshackle Central Warehousing Corporation (CWC) from being a statutory body into becoming a company by amending the Warehousing Corporations Act and
DHL Global Forwarding announces leadership change in Asia Pacific
SINGAPORE : DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, announces a change in its Asia Pacific management as Kelvin Leung, CEO, DHL Global Forwarding, Asia Pacific, retires from the
Olivier Boccara appointed as CEO of Bolloré Logistics Asia Pacific
SINGAPORE : Bolloré Logistics announces that Olivier Boccara has been appointed as CEO of Bolloré Logistics Asia Pacific. Based in Singapore, he takes over from Cyril Dumon and will pursue the development strategy implemented
Odisha CM Naveen Patnaik launches FMCG & logistics facility in Khurda
BHUBANESHWAR : Chief minister Shri Naveen Patnaik on Monday inaugurated ITC’s state-of-the-art Integrated Consumer Goods Manufacturing and Logistics (ICML) facility at Khurda. On the occasion, Naveen urged ITC Chairman Sanjeev Puri to expand the
LOGOS & Ivanhoe buy land in Pune to set up logistics park
PUNE : Asia Pacific logistics real estate major LOGOS and its venture partner Ivanhoe Cambridge have acquired a 77-acre industrial land parcel in Pune’s Chakan industrial area to develop a large-scale logistics park. The land parcel
Walmart looks to source toys, shoes, bicycles from India to boost exports
NEW DELHI : Walmart Inc. is looking to source toys, shoes and bicycles from India, as part of its endeavour to increase its exports from India to $10 billion annually by 2027. The US-based
CONCOR Q4 reports : Profit rises 7.7% to Rs 279 crore, revenue up 6%
NEW DELHI : Container Corporation of India Ltd (Concor), on Thursday, posted a consolidated profit of Rs 279 crore for the March quarter. This is 7.7 per cent rise from Rs 259 crore a
Delhivery Q4 results : Loss widens to Rs 159 crore as revenue falls for 2nd quarter
HYDERABAD : Delhivery‘s net loss widened to Rs 159 crore in the fourth quarter ended March 2023, as the logistics company’s revenue dropped for the second straight quarter amid a slowdown in e-commerce. Delhivery reported