DB Schenker appoints Niklas Wilmking as its Asia Pacific CEO
DB Schenker has named Niklas Wilmking (pictured above) as its new chief executive for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global
Welspun One Logistics Parks launches India’s first warehousing AIF for domestic investors
MUMBAI: Welspun One Logistics Parks, a pan-India integrated fund, development and asset management platform backed by the USD 2.7 billion Welspun Group, announced the launch of its first
India’s budget seen raising import duties by 5%-10% on dozens of items: Sources
NEW DELHI: India is considering hiking import duties by 5%- 10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three Government
Privatisation force BPCL to halt work on ₹11,130-crore polyol plant in Kochi
The Bharat Petroleum Corporation (BPCL) has put on hold a planned specialty petrochemicals plant for producing polyols at its Kochi refinery in Kerala. This is being done as
Amazon India launches startup accelerator programme to boost exports
Amazon India on Tuesday launched Amazon Global Selling Propel (AGSP), its accelerator programme which will help early-stage consumer products startups go global. For the programme, Amazon has partnered with the Indian
Concor launches Container train service from Shalimar to JNPT
NAVI MUMBAI: Container Corporation of India Ltd (Concor) has introduced a container train service from its container terminal at Shalimar, to the Jawaharlal Nehru Port (JNPT, NhavaSheva). This
Hapag-Lloyd deploys extra-loader for easing disruptions in India
HAMBURG: The spike in demand coupled with limited vessel capacity has caused considerable disruption in the Indian market with customers needing dependable services. Hapag-Lloyd has invested in additional
Maersk CEO Søren Skou expects to make first CarbonNeutral ship order in 2023
Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023. The company is
Union Minister Nitin Gadkari pitches for more R&D to identify Import substitutes
NAGPUR: Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries and industrial associations
The SPIC that DPT is developing could be ideal for Tesla : DPT Chairman
AHMEDABAD: Jostling has started to host the assembling or production plant of Tesla Inc, after the Elon Musk-led electric car-maker opened a research and development unit in Bengaluru