Delhivery shares fall 2% amid report of block deal
SoftBank, through SVF Doorbell (Cayman), is looking to sell its stake worth ₹600 crore in Delhivery via a block deal.
logistics
March 2023
September 2022
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May 2022
April 2022
February 2022
Mahindra Logistics surges 6% on deal with Rivigo
Mahindra Logistics has acquired B2B express business of Gurugram-based logistics firm Rivigo Services for cash consideration of ₹225 crore.
Cabinet approves National Logistics Policy
The new policy also aims to improve India's Logistics Performance Index ranking.
National Logistics Policy: Sector stocks show mixed reaction
The National Logistics Policy aims to reduce the cost of logistics in India to be comparable to global benchmarks by 2030 and improve the country’s Logistics Performance Index (LPI) ranking.
Delhivery share slumps 11% post Q1; here’s why
Delhivery’s Q1 consolidated loss rose more than three-fold to ₹399 crore versus a loss of ₹129.6 crore in Q1 FY22; revenue rises 32% YoY to ₹1,745.7 crore
Delhivery IPO: Issue opens for subscription; collects ₹2,347 crore from anchor investors
The IPO was subscribed 4% in early hours, with quota for retail investors and employees receiving 21%, and 3% bids, respectively.
Mahindra Logistics eyes quick commerce; expects slower H1 due to Ukraine crisis
Mahindra Logistics expects a slower start to the year due to Ukraine crisis, and a pick up across segments in the later part of the year.
Group-level clients like Tatas is the ‘sweet spot’ we focused on: Locus’ Nishith Rastogi
A SaaS logistics tech startup, Locus today counts conglomerates like Unilever and Tata Group among its clients.
₹3 to ₹144: This penny stock turned ₹1 lakh into ₹46 lakh in one year!
Investment of ₹1 lakh in this multibagger stock at ₹3.15 apiece in February last year would have now turned into around ₹46 lakh.
Uniform logistics platform can leapfrog India’s growth story, say key stakeholders
India incurs the highest logistic cost (14%) in the world as a percentage of GDP in comparison to the likes of the US and Germany (8%-9%).
