Logistics Gati

In the last one year, as envisaged by the Prime Minister, social sector ministries have also started using the Gati Shakti NMP in innovative ways

With a little imagination and application, the initiatives have the potential to become the key pillars of our Neighbourhood First Policy

Logistics stocks traded mixed on Monday after the govt announced National Logistics Policy. It aims to integrate and develop a technologically-enabled logistics ecosystem in India. Here's a report

The policy is being brought in tandem with Prime Minister's ambitious GatiShakti national master plan

Allcargo is in discussions to acquire Gati, that's 6 per cent owned by Goldman Sachs Group, at an equity valuation of about Rs 13 billion

Snowman Logistics rallied 16%, while Transport Corporation of India, ABC India, VRL Logistics, Sical Logistics and Allcargo Logistics were up in the range of 4% to 7% on the BSE

The board will meet on April 26, to consider and pass the enabling resolution for exploring the possibility of inducting a new financial/strategic partner to augment the future growth of the company.

Patel Integrated, VRL Logistics, Transport Corporation and Sical Logistics were up more than 2% each