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ITLN MAY-JUNE 2016

ITLN-May_June-2016

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  • Indian Transport Logistics Patel Integrated Logistics collaborates with Saudi-based Nationwide Group to float JV

    May 31, 2016: After the recent visit by prime minister Narendra Modi and the sweeping economic reforms by the Arabian country, India’s logistics behemoth Patel Integrated Logistics (PILL) has teamed up with Saudi Arabia’s renowned Nationwide Group to

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  • Cargo Logistics Air India Air India set to commence Bhopal-Pune-Raipur Operations

    May 28, 2016: In a bid to enhance regional connectivity Air India has commenced operations to Pune via Raipur from Bhopal. Flight, AI 9865 operating with a 70 seater ATR-72 took off from Raja Bhoj Airport, Bhopal for Raipur on schedule with almost full lo

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  • Jet_Airways_ATR Jet Airways profits soar high on lower expenses

    May 27, 2016:  Jet Airways reported a net profit of Rs 397.16 during the January-March quarter on the back of low fuel cost, almost flat aircraft rentals, substantial decrease in aircraft maintenance charges and higher passengers carried. The airline had

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  • VRL Truck, aviation, logistics VRL shares crash as promoters contemplate aviation foray

    May 27, 2016: The shares of VRL Logistics closing at 20 percent lower on May 24, 2016 at the National Stock Exchange as its promoters Vijay Sankeshwar and Anand Sankeshwar announced their plans to start a regional airline through the sale of a minority st

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  • Mr_Rubal_Jain Safexpress unleashes 20th Year Carnival

    Safexpress, industry leader in supply chain & logistics, has entered the 20th year of its business from this financial year. To commemorate this occasion, it has launched Safexpress 20th Year Carnival for its Paid and To Pay customers. This is the fir

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  • port India sets up new department to facilitate port and maritime investment

    India has allocated less than $4.4 million of public funds for infrastructure development across its major ports for fiscal years 2016 and 2017. At the same time, the country is accelerating its drive for private investment with initiatives including sett

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  • APM-terminals-Pipav APM Terminals Pipavav (Gujarat Pipavav Port) net profit down by 25 percent

    APM Terminals Pipavav (Gujarat Pipavav Port) announced the financial results for the quarter and full year ended 31 March 2016. For the full year ended March 2016, the company reported a net profit of INR 2367 million. Income from operations for FY16 sto

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  • ekart-logistics EKART launches consumer courier service EKART Courier

    EKART, the logistics arm of Flipkart announced the launch of EKART Courier. This first-of-its-kind consumer courier service aims to ramp up the game of logistics industry through its well-established technological prowess. With this venture, EKART enters

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  • warehouse DB Schenker opens Bhiwandi logistics centre

    Schenker India a part of DB Schenker, the transport and logistics division of the Euro 40.4 billion Deutsche Bahn Group, has announced the opening of its third Schenker Logistics Centre (SLC) in Bhiwandi. Spread over 200,000 (approx.) square feet, the SLC

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  • Indigo IndiGo appoints new chief financial officer

    IndiGo, fastest growing low cost carrier in the world, appointed Rohit Philip as chief financial officer effective July 18, 2016. Rohit will report to Aditya Ghosh, president and whole time director and he succeeds Pankaj Madan who is leaving IndiGo to pu

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