Indian Railways is running 6,369 trips of 380 special trains during this summer season this year for the convenience of railway travellers and to clear extra rush of passengers. According to an official statement, Indian Railways is running 1,770 more trips this year as compared to the total summer special trains (4,599 trips by 348 […]
Delhivery, a logistics company on Friday reported an increase of 32 per cent year-on-year (YoY) in consolidated net loss at Rs 158.6 crore in the quarter that ended on 31 March 2023, compared to Rs 119.8 crore the previous year in the same quarter. The company’s revenue declined by 10 per cent YoY at Rs […]
Interglobe Aviation, the operator of India’s top airline, IndiGo, reported a second consecutive quarterly profit on Thursday, as strong demand for air travel more than offset a jump in fuel expenses. India’s biggest airline by market share has been grappling with high fuel costs and foreign exchange volatility that have dragged it to losses in […]
NimbusPost, a tech-enabled shipping aggregator, has signed a Memorandum of Understanding (MoU) with India Post, India’s government-operated postal service, to provide a seamless shipping experience for eCommerce sellers and buyers. The partnership was formalised in the presence of Vickey Kumar, Director of Postal Services (Mails & BD), Manu Dev, ASP, and Yash Jain, the Founder […]
Prime Minister Narendra Modi will flag off the Vande Bharat Express between Puri and Howrah today via video conferencing. The ultra-modern semi-high-speed train is equipped with state-of-the-art passenger amenities. According to Prime Minister’s Office (PMO), the train will pass through Khordha, Cuttack, Jajpur, Bhadrak and Balasore districts in Odisha and Paschim Medinipur and Purba Medinipur […]
Adani Ports and Special Economic Zone (APSEZ), a flagship company of the Adani Group on Wednesday said it has set a new benchmark by handling the highest-ever rail cargo of 120.51 million tonne (MT) in the financial year 2022-23, surpassing the previous best of 98.61 MT. The company said it was committed to providing end-to-end […]
India’s cargo airline Pradhaan Air Express and Teleport, the logistics venture of Capital A (formerly the AirAsia Group) signed a Memorandum of Understanding on the sidelines of air cargo Europe/transport logistic trade fair in Munich, Germany. With the capacity sharing agreement, Teleport intends to use the capacity on the world’s first A320 converted freighter operated […]
Ministry of Railways has launched the ‘One Station One Product’ (OSOP) scheme with objectives to promote the ‘Vocal for Local’ vision of the Government of India and provide a market for local or indigenous products which will create additional income opportunities for the marginalised sections of society, said an official statement on Monday. Under the […]
United Kingdom‐based SRAM & MRAM Group will invest USD 100 million in SpiceXpress and Logistics. Both sides have signed an MoU as part of the investment deal, SpiceJet said in an official statement. This move comes after SpiceJet successfully separated SpiceXpress into an independent entity as of 1 April 2023, paving the way for the […]
Over 2,200 airplanes will be coming to India in the next 20 years and there is need to train 31,000 pilots, Boeing India President Salil Gupte has said. In an interview with ANI, Gupte said India is a place like no other when the civil and defence market are taken together. “The number that I […]
