logistics

September 2023

Startup funding in India falls 29% in Q3 2023; least funded quarter in 5 yrs

Despite facing the challenges of a funding winter, India ranks as the "fifth highest funded country" in Q3 2023, says Tracxn’s Geo Quarterly Report

By fortuneindia.com

REC, Punjab National Bank shares rise up to 6%; here’s why

REC and PNB will co-finance loans worth ₹55,000 crore over the next three years to the power sector and infrastructure & logistics sector projects.

By Chitranjan Kumar

TVS Supply Chain Solutions slides 7% as Q1 loss widens

The share price of supply chain solutions provider snaps four sessions losing streak after its June quarter loss increased to ₹65.3 crore in Q1 FY24.

By Chitranjan Kumar

Tariff Roadblock at DFC

The Dedicated Freight Corridor project — scheduled for completion in June 2024 — needs to meet the stated objective of lowering logistics costs for users.

By Ashutosh Kumar

August 2023

TVS Supply Chain Solutions shares list at premium of 5% over IPO price

Post listing, TVS Supply Chain Solutions shares gained as much as 5.9% to hit a high of ₹208.6 on the NSE, while it touched a high of ₹208.5 on the BSE.

By Chitranjan Kumar

Adani Ports rises 3% on additional stake buy by Rajiv Jain-led GQG

The investment firm picked up 22.56 lakh shares of Adani Ports through bulk deal on August 17, 2023, raising its stake in the company from 4.93% to 5.03%.

By Chitranjan Kumar

July 2023

TVS Supply Chain Solutions gets SEBI approval to launch IPO

This is going to be the first TVS Group company to launch an IPO in 25 years, consisting of a fresh issue of ₹2,000 crore and OFS of up to 5.95 crore equity shares.

By Chitranjan Kumar

June 2023