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

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

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

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

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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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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“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

WSJ News Exclusive | U.S. Covid-Testing Plan Aims to Open New York-London Travel by Holidays

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U.S. officials are aiming to open travel between New York City and London with shortened traveler quarantine periods as soon as the holidays, according to people familiar with the matter. The growing availability of Covid-19 tests in the U.S. has prompted officials at the Transportation Department, Department of Homeland Security and other agencies to revive … Read more

Long Buoyed by High-Flying Emirates, Dubai Now Shares Its Woes

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DUBAI—Emirates Airline powered Dubai’s rise from desert backwater to teeming Mideast metropolis, making the city one of the world’s biggest intercontinental hubs and generating a yearslong economic boom. But now, the coronavirus pandemic and the economic devastation it has wrought have forced the first major downsizing for an airline that has weathered Middle East conflicts … Read more

Delhivery to create 15,000 seasonal jobs this festive season

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New Delhi: Supply chain services provider Delhivery on Wednesday said it aims to create over 15,000 seasonal openings across operations over the next few weeks in the run-up to the festive season. The company is also geared up to handle 65-75 million packages in the upcoming festive season, which is almost a 100 per cent … Read more

How China Is Taking Over International Organizations, One Vote at a Time

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When China curtailed political freedoms in Hong Kong this summer, two rival declarations circulated at the United Nations Human Rights Council. One, drafted by Cuba and commending Beijing’s move, won the backing of 53 nations. Another, issued by the U.K. and expressing concern, secured 27 supporters. China’s show of strength was just the latest diplomatic … Read more