Union Minister Nitin Gadkari on Tuesday said the government’s aim is to make India’s automobile industry the number one in the world within the next five years.Launching a report prepared by The Express Industry Council of India (EICI) and KPMG, Gadkari said the outlook for the express industry is also promising.“The size of Indian automobile…
Union road transport and highways minister Nitin Gadkari on Sunday said that India’s logistics cost will come down to single digits by the end of 2026, making the country more competitive in global trade.“I want to assure the Prime Minister and all of you that before the end of 2026, the logistics cost of our…
Fuel supply from Nayara Energy’s Vadinar refinery has been severely disrupted after shipowners, wary of European Union sanctions, stopped lifting products from the facility, forcing the Rosneft-backed company to seek government help to arrange alternate shipping support.Nayara, which used vessels to supply petrol and diesel to consumption hubs along India’s west coast and as far…
NEW DELHI: Hindustan Zinc Ltd has entered into a Rs 400-crore deal with Essar group’s GreenLine Mobility Solutions for decarbonising its logistics network by deploying the latter’s advanced electric (EV) and trucks powered by liquefied natural gas (LNG).The deal envisages GreenLine deploying 100 electric trucks to replace diesel vehicles for inter-unit concentrate movement between the…
Cyber Attack: ब्रिटेन की 158 साल पुरानी ट्रांसपोर्ट कंपनी KNP Logistics सिर्फ एक कमजोर पासवर्ड की वजह से साइबर हमले की शिकार बन गई. एक कर्मचारी का पासवर्ड हैकर्स ने अंदाज़ा लगाकर सिस्टम में घुसपैठ की और फिर रैनसमवेयर के जरिए पूरे डेटा को लॉक कर दिया. इसके चलते कंपनी को संचालन बंद करना पड़ा…
सेवी इंफ्रा एंड लॉजिस्टिक्स लिमिटेड एक ईपीसी (इंजीनियरिंग, प्रोक्योरमेंट और कंस्ट्रक्शन) और लॉजिस्टिक्स क्षेत्र में कार्यरत कंपनी है, जो विशेष रूप से इंफ्रास्ट्रक्चर परियोजनाओं पर केंद्रित है। कंपनी का ईपीसी डिवीजन मिट्टी कार्य, नींव की तैयारी, सड़क निर्माण, तटबंध, सब-ग्रेड कार्य, ग्रेन्युलर सब-बेस और बिटुमिनस या कंक्रीट सतहों जैसे कार्यों में विशेषज्ञता रखता है। …
The Competition Commission of India (CCI) on Tuesday approved logistics services provider Delhivery’s proposed acquisition of a 99.4% stake in Ecom Express for a cash consideration of up to Rs 1,407 crore.“The proposed combination comprises the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of…
THIRUVANANTHAPURAM: The flagship of the Adani Group, Adani Ports & SEZ, is transforming into a transport utility player, with a presence in every aspect of the business and not limited to the traditional ports segment, said managing director Karan Adani.“We don’t want to be limited to just being a port player. Our focus is on…
NEW DELHI: Can the country return to elections with ballot paper? What’s the cost-benefit of one-nation-one-election (ONOE)? How many phases will be required to hold nationwide simultaneous elections and what will be the effect of model code of conduct imposed for such polls on the economy, foreign direct investment and development? How does the expenditure…
NEW DELHI: Asian Development Bank (ADB) has approved a $ 350 million policy-based loan to support India strengthen and modernize logistics sector.As per a statement from the regional development bank, dated December 6, the loan will finance the second subprogram, supporting Indian government’s efforts to create a comprehensive policy, planning, and institutional framework at the…