Logistics Sector

The International Finance Corporation (IFC) on Monday announced an equity investment of Rs 225 crore (around USD 23 million) in NDR Smart Spaces. The investment will support NDR Smart Spaces in developing a pipeline of around 20 million square feet of Grade A warehousing infrastructure across 14 cities, including around 8 million square feet under construction. NDR Smart Spaces Pvt Ltd is a newly established platform by the NDR group, which is the sponsor of NDR InvIT Trust, dedicated to developing Grade A warehousing and logistics infrastructure across several states, including Maharashtra, Tamil Nadu, and Uttar Pradesh. The portfolio will comprise both dry warehousing and cold storage facilities, with a strategic focus on tier-2/3 cities that have historically been underserved by modern logistics infrastructure, and where quality formal employment in the organised sector remains scarce, the company said. "IFC's investment in NDR Smart Spaces will support Grade A warehouses in Tie

Global alternative asset manager Alpha Wave Global has exited logistics company Delhivery by selling its entire 1.93 per cent stake for Rs 665 crore through open market transactions. Following the stake sale, shares of Delhivery on Thursday fell 2.21 per cent to trade at Rs 470.40 apiece on the NSE, and the scrip also slipped 2.15 per cent at Rs 470.25 per piece on the BSE. US-based Alpha Wave Global, through its affiliate, Alpha Wave Ventures, LP, offloaded a total of 1,44,44,800 shares in two tranches, representing a 1.93 per cent stake in Delhivery, as per the bulk deal data available on the BSE and NSE. The transactions executed on Wednesday in the price range of Rs 460.03-460.36 apiece, taking the combined deal value to Rs 664.74 crore. At the end of the March quarter, Alpha Wave Ventures, LP held a 1.93 per cent stake in Gurugram-based Delhivery. On Tuesday, venture capital firm Nexus Venture Partners sold more than 43 lakh shares of Delhivery for Rs 208 crore. In a separat

The solution is clear: India must rapidly electrify its trucking sector

Repeated shocks from Covid to conflict in West Asia are pushing Indian companies to diversify suppliers, localise sourcing and strengthen risk monitoring, even at the cost of higher expenses

Allcargo Logistics bets on technology, integrated supply chains and India's growth story to outpace industry expansion

Concor's Q4 earnings missed estimates as geopolitical tensions and pricing pressure hurt margins, though freight corridor expansion and rising truck rates may aid recovery

The firm will use the capital to accelerate its global expansion and drive product innovation

Move supports faster deliveries and AI-led operations under long-term India push

Regulator asks operators to pass on benefits directly and seeks proof of higher insurance costs, warning action over unjustified charges

The move aims to reduce logistics costs and improve the export competitiveness of the state's producers and manufacturers

The firm is expanding its presence in golf and formula 1 after being global logistics partner to International Cricket Council

Government launches ₹497 crore RELIEF scheme to support exporters hit by West Asia disruptions, offering risk cover and cost relief on freight and insurance

Aviation, hospitality, travel, e-comm, q-com, logistics prepare for dent to bottomlines; IT services insulated for now

LNG shipments may bear the brunt in particular, while crude oil imports may realign if Indian refiners choose to source oil from alternative suppliers, the brokerage said

With rapid urbanisation, Budget 2026-27 can strengthen urban logistics through city logistics plans, smart freight systems, digital tools and incentives to reduce congestion and pollution

Shadowfax Technologies IPO comprises a fresh issue of 80.6 million equity shares with ₹1,000 crore and OFS of up to 73.2 million equity shares worth up to ₹907.27 crore

Around 1 PM, Delhivery shares were trading at day's high level, up 3.96 per cent at ₹412.50. In comparison, BSE Sensex was trading 0.36 per cent lower at 84,795.25 levels.

The showcase, held in the presence of Shashank Mani, the Member of Parliament from Deoria, was executed by Delhivery Robotics India Private Limited, a subsidiary of Delhivery

A credible nationwide study overturns the 13-14 percent narrative, shows India now on par with advanced economies, and sets the stage for deeper multimodal reforms

TVS SCS MD Ravi Viswanathan outlines growth plans, US market deals, margin improvement and how restructuring and outsourcing trends will shape the company's next phase