A review meeting was convened for the North Zone States and Union Territories to encourage greater utilisation of the PM GatiShakti National Master Plan (NMP). It was chaired by Sumita Dawra, Special Secretary (Logistics), DPIIT, in virtual mode. The meeting witnessed active participation from States and Union Territories– Punjab, Himachal Pradesh, Chandigarh, Jammu & Kashmir, […]
Amazon on Thursday announced a series of strategic initiatives at the fourth edition of the Amazon Smbhav Summit in New Delhi. The event brought together policy makers, industry leaders, startups, and Amazon executives to discuss ways to unlock the potential of a Digital India. Amazon’s initiatives are in line with its commitment to India’s growth […]
Adani Ports and Special Economic Zone, an Adani group firm, on Tuesday, reported a consolidated net profit of Rs 2,114.72 crore for the quarter that ended June 2023, which is 83 per cent higher compared with Rs 1,158.28 crore in the same quarter last year. Revenue from operations rose 23.51 per cent year-on-year (YoY) to […]
Transport Corporation of India (TCI), an integrated supply chain and logistics solutions provider on Monday reported a 5.9 per cent year-on-year (YoY) growth in its consolidated net profit at Rs. 832 million for the first quarter of the financial year 2024, compared to Rs 786 million in Q1FY23. The company’s consolidated revenue from operations […]
Roadcast, an innovator in automotive technology company has launched a humanitarian, first-of-its-kind feature on its app. Cognisant of the challenges faced by its drivers, the company has now integrated a washroom listing feature into its app. According to the company, delivery drivers are the backbone of fleet management. While working and constantly ensuring on-time deliveries, […]
Shiprocket, an ecommerce enablement platform and Sayl.ai, an AI-driven WhatsApp commerce company, have joined forces in a strategic partnership that aims to transform the way ecommerce brands engage with their customers on WhatsApp. According to the media release, this collaboration brings together Shiprocket’s AI/ML-based product, Shiprocket and Sayl.ai’s proprietary AI capabilities to empower brands with […]
The recent heavy rain in urban areas, including Delhi and the National Capital Region, has severely disrupted online deliveries, causing inconvenience to consumers who have come to rely on these services for daily essentials, food, and medicine, particularly during the pandemic. The drainage system was overwhelmed, leading to waist-high flooding on roads and rendering large clusters unserviceable. […]
Saudi Arabia, the world’s largest crude oil exporter, has announced voluntary output cuts in crude oil in response to a tighter market induced by global central banks’ interest rate hikes and inflationary pressures. These cuts, initially set for this month, now have been extended to include August. Additionally, OPEC+ has agreed to further reduce production […]
The commerce ministry and external affairs ministry should work together to achieve India’s export targets, said Prafulla Chandra Mishra, Statistical Advisor, Directorate General of Foreign Trade under the Ministry of Commerce and Industry on Wednesday While speaking at an event of PHD Chamber, he said that PM Modi has proposed a 3T strategy focusing on […]
Ekart, a supply chain network, will now offer B2B trucking and transportation services through a fleet of more than 7,000 trucks across the country, the company announced on Monday. According to the company, the launch of its B2B Express services across air and surface modes will cater to brands, manufacturers and retailers across industries. This […]
