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Delhivery Q2 loss narrows to Rs 103 cr

Total income rose to Rs 2,042.98 crore from Rs 1,883.38 crore in the year-ago periodNew Delhi: Logistics company Delhivery on Saturday said its consolidated net loss narrowed to Rs 103 crore in the second quarter ended September 30, 2023.The...

Mahindra Logistics reports standalone PAT of Rs 19 cr in Q2 FY24

The company had posted a standalone PAT of Rs 11 crore in the July-September period of FY23, MLL said in a statementMumbai: Mahindra Logistics Ltd on Monday reported 73 per cent growth year-on-year in standalone Profit After Tax (PAT)...

DTDC Express looks to invest at least Rs 100 cr in infra, tech development this fiscal

The company is also expecting 30 per cent growth in total shipments handling this festive season (October-November) as compared to SeptemberMumbai: DTDC Express looks to invest at least Rs 100 crore in infrastructure and technology development, among others, this...

Indian road logistics industry on a smooth ride in FY2024: ICRA

It said the industry's revenue growth is pegged at 6-9 per cent in FY2024 on an elevated base of FY2023, driven primarily by demand from varied segments like e-commerceNew Delhi: Rating agency ICRA on Wednesday said that it anticipates a...

Mahindra Logistics signs pact with Flipkart for dedicated fleet of heavy commercial vehicles

Under the partnership, Mahindra Logistics will operate 32 feet single axle HCVs for Flipkart in collaboration with Daimler India Commercial Vehicles, which will run on multiple national routes, across the countryMumbai: Mahindra Logistics Limited (MLL) on Friday announced a...

Rajasthan’s Bhumika Group enters Delhi NCR

Spanning across an area of five acres, the high street project is strategically positioned with approximately two acres of frontage along Mathura Road New Delhi: Rajasthan’s retail real estate developer Bhumika Group is launching its latest high street commercial project on...

Public procurement from GeM portal crosses Rs 1 lakh crore so far this fiscal

The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departmentsNew Delhi: Procurement of goods and services from government portal GeM has crossed Rs...

Meesho aims to grow merchant base 10 times to 1.1 cr by 2027

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchantsNew Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts

A Zinnov and Microsoft study in March noted that gig workers will play an instrumental role in India's USD 5 trillion economy, with the current 77 lakh gig workforce set to triple to 2.3 crore by 2030, generating USD...

Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of 29 days from CIRP of Future Retail Ltd, according to a regulatory filingNew Delhi: The resolution professional (RP) of...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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