{"id":115907,"date":"2023-12-20T13:49:06","date_gmt":"2023-12-20T08:19:06","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115907"},"modified":"2023-12-20T13:49:55","modified_gmt":"2023-12-20T08:19:55","slug":"navratna-psu-in-green-after-it-signs-an-mou-for-collaboration-to-develop-logistics-sector-in-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/navratna-psu-in-green-after-it-signs-an-mou-for-collaboration-to-develop-logistics-sector-in-india\/","title":{"rendered":"Navratna stock in green after it signs an MOU for collaboration to develop logistics sector in India\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1488601441\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Navratna Central Public Sector Enterprise engaged in the business of logistics and transportation services in green after it signed a Memorandum of Understanding(MoU) for collaboration in expanding and developing the logistics services.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-571644714\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 12:54 p.m. the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/CONCOR\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Container Corporation of India Limited<\/a><\/strong> were trading at Rs. 866.10, up 0.66 percent from its previous day\u2019s close price of Rs. 860.40 and its market capitalization is Rs. 52,686 Crores.\u00a0<\/p><p>Container Corporation of India Limited and DB Schenker India Private Limited have signed a Memorandum of Understanding (MOU) to collaborate for EXIM &amp; Domestic Business, to contribute to the sustainable supply chain practices in the logistics industry.&nbsp;<\/p><p>Commenting on this MoU Mr. Sanjay Swarup CMD of CONCOR said that CONCOR and DB Schenker are leaders in their respective fields and the two organizations are joining hands to seamlessly provide a bouquet of end-to-end services for customers which would also help in further improving India\u2019s position in \u2018ease of doing business\u2019 which is a prime focus area for\u00a0the Government of India.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-3288478040\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Speaking on this, Ms. Kinjal Pande, Chief Executive Officer of DB Schenker, Cluster India and Indian Subcontinent, remarked, that this strategic collaboration marks an important milestone in its commitment to provide enhanced sustainable products to its customers.&nbsp;<\/p><p>Road continues to be the dominant mode of transport in India and through this strategic partnership for Rail Freight, it wants to significantly change the trend towards a low-carbon future.&nbsp;<\/p><p>The company\u2019s revenue from operations grew 6.75 percent from Rs. 7,652.73 Crores in FY22 to Rs. 8,169.12 Crores in FY23, accompanied by increasing profits of Rs. 1,056.37 Crores to Rs. 1,173.87 Crores.&nbsp;<\/p><p>Container Corporation of India Limited (CONCOR) is engaged in the business of logistics and transportation services by providing inland transportation of containers by rail. It also covers the Management of Ports &amp; air cargo complexes and establishing cold chains.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3287974979\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Navratna Central Public Sector Enterprise engaged in the business of logistics and transportation services in green after it signed a Memorandum of Understanding(MoU) for collaboration in expanding and developing the logistics services.&nbsp; At 12:54 p.m. the shares of Container Corporation of India Limited were trading at Rs. 866.10, up 0.66 percent from its previous day\u2019s [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[15292,15291,14290,948,936],"class_list":["post-115907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-container-corporation-of-india-latest-collaboration","tag-container-corporation-of-india-latest-news","tag-container-corporation-of-india-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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