Logistics News

Companies

How dark stores are lighting up the online beauty business

With dark stores, Nykaa and Purplle aim to counter competition from quick commerce platforms like Swiggy Instamart, Blinkit and Zepto, while streamlining their supply chains to reduce reliance on these marketplaces

4 min read19 Jul 2024
Companies

Aegis Vopak Terminals seeks to raise around $500 million in a $3-billion IPO, as it goes after growth

Aegis Logistics and Dutch company Vopak-backed joint venture firm Aegis Vopak Terminals is exploring a $3-billion valuation IPO in India to raise around $500-550 million as it looks to grow its business.The company is also exploring a pre-IPO funding round to set the valuation benchmark.

3 min read18 Jul 2024
Markets

₹25 to ₹500: Multibagger stock AVG Logistics rises 1900% in four years. Do you own?

Multibagger stock: AVG Logistics share price bottomed out at ₹25 in post-COVID sell-off

2 min read31 May 2024
Companies

Snowman Logistics Q4 Results Live : profit falls by 57.84% YOY

Snowman Logistics Q4 Results Live : Revenue increased by 12.63% YoY & profit decreased by 57.84% YoY

1 min read31 May 2024
Markets

Aegis Logistics stock surges 9% to new high after Q4 results, up 23% in 2 sessions

Shares of Aegis Logistics surged 9% to hit a new high after strong Q4FY24 results. Stock has jumped 23% in 2 sessions.

3 min read27 May 2024
Companies

Adani eyes 3 global ports, prepares $3 billion cash chest

Adani Group is planning to invest up to $3 billion in the next two years to expand international ports business, primarily via acquisitions as the Ahmedabad-headquartered conglomerate aims to create a prominent presence in the crucial international business route connecting Europe and the US traversing Central and West Asian nations

5 min read22 May 2024
Companies

VRL Logistics Q4 Results Live : profit falls by 88.85% YOY

VRL Logistics Q4 Results Live : Revenue increased by 10.06% YoY & profit decreased by 88.85% YoY

1 min read21 May 2024
Industry

As small town shoppers go online, it’s not only e-commerce firms that are celebrating

Logistics firms are seeing an increase in e-commerce orders from tier-2 towns and beyond as more people in those markets start shopping online.

4 min read6 May 2024
Companies

Mahindra Logistics hopes Rivigo can deliver a swift turnaround

Uncertainty around the B2B express business’ path to profitability has clouded the company’s medium-term outlook and continues to be a drag on overall profitability.

2 min read25 Apr 2024
Companies

Mahindra Logistics Q4 Results Live : loss rise by 1352.44% YOY

Mahindra Logistics Q4 Results Live : Revenue increased by 14.01% YoY & loss increased by 1352.44% YoY

1 min read24 Apr 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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