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FedEx Express-Delhivery strategic alliance becomes operational

FedEx Express-Delhivery strategic alliance becomes operational

US-based FedEx Express on Thursday said that its strategic alliance with domestic logistics firm Delhivery, signed in July this year, has become operational. FedEx Express is an American multinational conglomerate holding company that focuses on transportation, e-commerce and business services. It is the subsidiary of FedEx Corp. Delhivery is an Indian logistics and e-commerce supply [...]
Steps to ease of doing biz, banking sector support will enhance telecom industry’s strength: Birla

Steps to ease of doing biz, banking sector support will enhance telecom industry’s strength: Birla

The government has made policy interventions to boost the telecom sector and further measures in ease of doing business as well as support from the banking sector will enhance the industry’s strength and ensure that India remains at the cutting-edge of global technology trends, Aditya Birla Group Chairman Kumar Mangalam Birla said on Wednesday. Speaking [...]
Automobile retail sales remain in slow lane in Nov: FADA

Automobile retail sales remain in slow lane in Nov: FADA

Automobile retail sales in the country dropped by around 3 per cent in November as chip shortage and heavy rains in South India impacted sales across various segments, including passenger vehicles and two-wheelers, automobile dealers’ body FADA said on Wednesday. The Federation of Automobile Dealers Associations(FADA) is an apex national body representing automobile dealers of [...]
Inox Green Energy Services to raise Rs 500 cr via IPO

Inox Green Energy Services to raise Rs 500 cr via IPO

Inox Wind on Monday said the board of its arm Inox Green Energy Services Ltd has approved fundraising of Rs 500 crore through an initial public offering of its equity shares. Inox Wind is a fully integrated player in the wind energy market with state-of-the-art manufacturing plants near Ahmedabad (Gujarat) for blades & tubular towers [...]
Indian sugar mills not signing further export contracts due to fall in global prices: ISMA

Indian sugar mills not signing further export contracts due to fall in global prices: ISMA

Indian sugar mills are not signing further export contracts in the ongoing 2021-22 marketing year due to a fall in global prices to below 20 cents per pound level, industry body ISMA said on Thursday. Indian Sugar Mills Association is the premier sugar organization in India. It establishes a connection between Government and Sugar industry. [...]