NEW DELHI: E-commerce enablement platform Velocity on Monday said it has earmarked Rs 100 crore to scale its logistics business, Velocity Shipping, over the next two years. The investment will be funded entirely through
NEW DELHI : Efforts by Indian Railways to increase loading and promote rail-based movement of bulk cement in tank containers is bringing positive results. Many cement companies have approached CONCOR for the movement of
VIJAYWADA : Andhra Pradesh is well positioned to emerge as the ‘Eastern Gateway of Global Logistics’ as it has distinct advantages over other States backed by the government’s policy support, and that strategic importance
NEW DELHI : The Ministry of Ports, Shipping and Waterways has outlined significant initiatives to strengthen India’s logistics backbone, in line with the announcements made in the Union Budget 2026–27. The measures are aimed
GANDHINAGAR : A high-level delegation led by Mr. Tilvin Silva, General Secretary of the Janatha Vimukthi Peramuna (JVP), visited GIFT City under the Indian Council for Cultural Relations (ICCR)’s Distinguished Visitors Programme. The visit
AHMEDABAD : The GCCI NRG Centre, Ahmedabad, in association with the State of Gujarat NRG Foundation, Gandhinagar, successfully organized an insightful virtual webinar on “Trade & Investment Opportunities in Ontario, Canada” to promote global
KOLKATA : In a significant boost to India’s shipbuilding self-reliance and maritime capability, Garden Reach Shipbuilders & Engineers (GRSE) Ltd and Hindustan Shipyard Limited (HSL) signed a Memorandum of Understanding (MoU) on Monday, February
HAMBURG: On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group EBITDA stood at USD 3.6 billion (EUR 3.2 billion) and the Group EBIT at
TIRUPUR : Textile exporters based in Tamil Nadu’s Tiruppur have welcomed the India-US framework trade agreement, saying that it helped the textile manufacturing sector to compete with countries such as China and Bangladesh and
MARSEILLE/OSLO/PARIS : CMA CGM Group, Marlink and Eutelsat have announced a partnership to deploy OneWeb LEO connectivity across CMA CGM’s global maritime fleet. The solution integrates European-based Eutelsat OneWeb’s Low Earth Orbit (LEO) services