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Akash Gupta, CEO and co-founder, ZYPP Electric Mobility.

ZYPP moves 5 lakh shipments in 4 cities amid Covid; plans to add 8 more cities

21 Aug 2020 1:11 PM IST

August 21, 2020: The Gurgaon based electric last-mile delivery startup ZYPP Electric Mobility (formerly known as Mobycy) has delivered of 5 lakh+...

It is also noted that the existing agri clusters are required to be strengthened and more product clusters to be developed to fulfil the gap of bulk quantity and quality of supplies.

Indian agri export value surged 23% to Rs 25552 cr in Mar-Jun 2020

19 Aug 2020 1:43 PM IST

August 19, 2020: The Indian exports of agricultural commodities during March to June 2020 were Rs 25552.7 crore against an export of Rs 20734.8 crore...

The EBITDA margin increased to 18.9 percent from 14.1 percent in the same quarter last year.

Maersk reports 25% profit growth & 6.5% revenue drop for Apr-Jun quarter

19 Aug 2020 12:04 PM IST

August 19, 2020: In the April-June quarter (Q2) of 2020, A.P. Moller – Maersk’s revenue decreased by 6.5 percent to $9 billion, driven by a volume...

Ahmed Bin Sulayem, group chairman &amp;amp; CEO, DP World and Ramesh S Ramakrishnan, chairman, Transworld Group &amp;amp; Shreyas Shipping and Logistics, during the signing ceremony.

DP World acquires Transworld to bolster its Indian logistics portfolio

19 Aug 2020 11:17 AM IST

August 19, 2020: Unifeeder, through its Unifeeder ISC (Indian Subcontinent) platform, a majority-owned subsidiary of DP World, today announced the...

Private equity fund Warburg Pincus owns 70% stake in Embassy Industrial Parks while Bengaluru-based Embassy Group owns the remaining 30%.

Indospace and ESR India in race to acquire Embassy Industrial Parks

18 Aug 2020 6:36 PM IST

August 18, 2020: Logistics real estate platforms Indospace and ESR India has emerged to be in a race to acquire Embassy Industrial Parks.

GIL's first-half Air Freight net revenue increased 17 percent vs. the same period a year earlier, while Ocean Freight net revenue decreased 16 percent vs. same period last year.

Agility reports 61% fall in net profit to $52 mn for first half of 2020

17 Aug 2020 12:13 PM IST

August 17, 2020: The global logistics provider Agility today reported a first-half net profit of $52.93 million, a decrease of 61.3 percent over the...