logistics

ETMarkets Smart Talk: Logistics, retail, green energy set to soar under India-UK FTA, says Charles Russell Speechlys’ Kim Lalli

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ETMarkets Smart Talk: Logistics, retail, green energy set to soar under India-UK FTA, says Charles Russell Speechlys’ Kim Lalli

As the long-awaited India-UK Free Trade Agreement edges closer to finalisation, optimism is running high across key industries. Kim Lalli, Partner at international law firm Charles Russell Speechlys and head of its India Desk, calls the FTA a “game-changer” that is poised to unlock vast opportunities for cross-border collaboration. In an exclusive interaction on ETMarkets … Read more

Tech-Service provider Lytus Technologies acquires blood logistics platform Blodin – ET HealthWorld

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Tech-Service provider Lytus Technologies acquires blood logistics platform Blodin – ET HealthWorld

New Delhi: Multinational tech-services provider Lytus Technologies has completed the acquisition of AI-driven blood component management and logistics platform, Blodin. While the cost of the acquisition has not been disclosed, the company stated that the deal is financed through the ₹1,000 crore corpus set aside to expand its digital ecosystem and scale operations through both … Read more

India’s logistics cost will be below 9 pc of GDP by April next year: Nitin Gadkari

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India’s logistics cost will be below 9 pc of GDP by April next year: Nitin Gadkari

New Delhi: India’s logistics cost will come down to 9 per cent of GDP by April next year, Union Minister Nitin Gadkari said on Thursday. Addressing an event here, Gadkari further said the country’s exports will also increase when the logistics cost comes down to single digit. “Our logistics cost now is 16 per cent…It … Read more

GIS mapping should be done jointly by government and companies like MapMyIndia: Rohan Verma

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GIS mapping should be done jointly by government and companies like MapMyIndia: Rohan Verma

Rohan Verma, CEO & ED, MapMyIndia, says like there is UPI for payments or Aadhaar for people identification, the ULPIN or the MapMyIndia equivalent or linked ID called Mappls Pin can provide capabilities to reduce court disputes on land ownership, and provide economic empowerment or financial inclusion for everybody as well as proper city and … Read more

Global shipping and logistics firm UPS intends to hire 1,000 people in India by 2025

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Global shipping and logistics firm UPS intends to hire 1,000 people in India by 2025

T.N. CM handing over offer letters to youngsters from under the ‘Naan Mudhalvan’ government scheme, selected for internships at UPS | Photo Credit: Special Arrangement United Parcel Service, popularly known as UPS across the globe, whose first technology centre in India was inaugurated in Chennai by Chief Minister M. K. Stalin on Monday, intends to … Read more

Budget 2023: Infra and related stocks turn attractive to investors

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Budget 2023: Infra and related stocks turn attractive to investors

Most analysts and experts are predicting the government would go heavy on infrastructure in the upcoming Budget to drive the overall growth of the economy. “We believe the government might prefer to increase spending on infrastructure which could have a multiplier effect on the economy,” Umang Papneja, CEO, Julius Baer India, told ET Markets. Money … Read more

Oil rises in thin trade on concerns over U.S. storm impact

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Oil rises in thin trade on concerns over U.S. storm impact

Oil prices rose in light trade on Tuesday on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil. Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up … Read more

Auto at cusp of a rebound makes logistics a good turnaround bet

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Auto at cusp of a rebound makes logistics a good turnaround bet

Mumbai: High-risk takers looking to bet on a thematic domestic consumption story could make a lump sum allocation to transportation and logistics funds. Asset managers believe the current market presents a good entry point as the auto sector is at a cyclical bottom and is expected to post the highest earnings growth among peers as … Read more

Deferred orders, slow demand to hurt exporters in Q1

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Deferred orders, slow demand to hurt exporters in Q1

Indian exporters of leather goods, garments and carpets have begun to witness a fall in orders from Europe, requests to push deliveries by a few weeks, and queries related to various restrictions being put in place to control the rapidly rising cases of the Omicron variant of Covid-19 in the country. Likely manpower crunch, especially … Read more

Top stocks to play the vaccine theme

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Top stocks to play the vaccine theme

“Companies have already kept the raw material ready for such cold rooms. Seeing the opportunity, they can double production.” Synopsis Blue Star, Voltas, Snowman, Blue Dart, Allcargo, and SpiceJet are among the companies that will be as crucial to public health in the immediate future as will be the vaccine makers and care centres. Mumbai: … Read more