Singapore Airlines’ deal with Tata Sons (Tata) will inject a further SGD 360 million (USD 267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons […]
Adani Ports and Special Economic Zone, a part of the diversified Adani Group, crossed 300 million tonne of cargo handling, thereby beating its own milestone. It took 329 days to reach the milestone, as compared to last year’s 354 days. The ports business of Adani Goup has registered growth since it started operations over two […]
Global trade remained resilient and performed better than pessimistic predictions for 2022 as economies greatly affected by the war in Ukraine found alternative sources of supply, according to a World Trade Organisation note. For the longer-term outlook, new WTO simulations showed the importance of strengthening the multilateral trading system, with least-developed countries likely to be […]
NimbusPost, India’s leading provider of tech-enabled logistics solutions for SMEs, enterprises, and D2C brands, and ClickPost, the fastest-growing logistics intelligence platform, announced the availability of an integration between the two logistics platforms to streamline eCommerce brands’ shipping journeys. Through this collaboration, the two logistics giants will integrate their platforms to build an advanced logistics interface […]
Ekart, India’s largest supply chain network will now make its warehouses across the country available to brands, manufacturers, retailers, and SMEs as a part of its vision to become a 4PL (fourth-party logistics) player in the country. The initiative will enable brands of all sizes, manufacturers, and retailers from across industries to leverage Ekart’s technologically […]
Cyient, a consulting-led, industry-centric, global technology solutions company, announced a partnership with Thingtrax to enable manufacturers to increase efficiency and reduce costs. The partnership will enable global manufacturers to drive higher performance across their entire manufacturing operation through AI-powered data. Cyient’s end-to-end manufacturing services suite and the Thingtrax solution allow manufacturing leaders to improve operational […]
India’s overall oilmeal exports so far during the current financial year – April to December – were 70 per cent higher year-on-year at around 3.3 million tonnes, data compiled by vegetable oil industry body, The Solvent Extractors’ Association of India (SEA), stated. Oilmeals are basically the residue left over after extraction of oil from oilseeds, […]
Indian domestic air travel has significantly improved as it touched 85.7 per cent of pre-covid 2019 levels in the year 2022, according to the International Air Transport Association (IATA). IATA announced earlier this month that the recovery in air travel continued in December, 2022 and was signed up for the whole year compared with 2021. […]
Supply chain planning is integral to the success of any business. The appropriate planning strategies can create a competitive advantage and yield substantial returns. However, despite its importance, many organisations struggle to realise its true strategic value. Supply chain management enables effective and economical operations, allowing businesses to maximise earnings while improving customer experience. Further […]
Indian Railways and India Post have formally launched Rail Post Gati Shakti Express Cargo Service, Joint Parcel Product of Railways, and India Post. In consonance with the ‘Gati Shakti Master Plan’ to provide seamless solutions for the movement of parcels, Indian Railways and the Department of Post have collaborated and evolved a Joint Parcel Product […]
