Scan Global Logistics plans for further acquisitions
COPENHAGEN : Fast-growing Scan Global Logistics said it is planning to make more acquisitions with a focus on growing in key markets. Following the announcement of its full-year results, SGL said that its acquisition
Ambani and Adani first collaboration : Reliance picks 26 per cent stake in Adani Power project
MUMBAI : In the first collaboration between leading billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact
VS & B Containers Group opens New Branch Office at Gandhidham
GANDHIDHAM : VS & B Containers Group has been opened a New Branch office at Gandhdham , Gujarat. In a Grand opening all stakeholders and Trade fraternity who’s who were present and graced the
Adani Group’s copper unit in Mundra begins operations
MUNDRA : Adani Group announced the start of its maiden copper plant at Mundra in Gujarat. Adani Enterprises is setting up plant with 1 million tonnes capacity in two phases. “Close to $1.2 billion
ED raids premises of Mumbai-based shipping companies for FEMA violation, finds cash hidden in washing machine
MUMBAI : The Enforcement Directorate (ED) has conducted searches at various premises of Mumbai-based Capricornian Shipping & Logistics Pvt Ltd and its directors Mr. Vijay Kumar Shukla and Mr. Sanjay Goswami and their associate
PSA International announces financial results of 2023
SINGAPORE : PSA International has reported earnings of $1.46 billion for the FY2023 ended Dec 31, 2023, down 6.3% compared to its $1.56 billion earnings in FY2022. For the full-year period, revenue decreased by
Magenta Mobility announces the launching of sustainable logistics solutions
CHENNAI : Magenta Mobility, an integrated electric mobility solutions provider, has announced its expansion, introducing Electric Vehicle (EV) logistics solutions for local businesses and service existing marquee clients from B2C, FMCG, E-Commerce and Logistics
DP World plants over 700 Trees in partnership with Goodyear
LONDON : DP World, a leading provider of global end-to-end supply chain solutions, has announced the successful planting of 702 trees as part of an ongoing decarbonisation project with tyre manufacturing giant Goodyear. The