Mumbai Port Authority unveiled projects worth ₹3,541 crore, spanning berth upgrades, a marina, connectivity and waterfront development to boost cargo capacity and tourism
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 AI-powered voice agent automates customer outreach after failed deliveries, helping ecommerce brands reduce return-to-origin shipments and improve delivery success rates
Ahead of a planned listing, Zepto's 23-year-old co-founder is betting that robots and software can narrow the cost of quick commerce delivery
AI, semiconductors, FTAs and airport expansion will reshape India's logistics sector, creating new growth avenues, says Blue Dart's Balfour Manuel
Container Port Index shows Mundra down 5 ranks, Pipavav best private port in India
The rise in e-way bill generation points to sustained domestic trade activity, stronger supply-chain movement and continued compliance under the GST regime
West Bengal's ₹19,209-crore maritime pipeline aims to boost the blue economy, strengthen logistics and create over 62,000 jobs
Cargo transportation and logistics solutions provider Globe International Carriers Ltd on Saturday said its net profit zoomed over twofold to Rs 11.62 crore in 2025-26 following steady revenue growth and improved operational performance. The company's revenue from operations rose by 11.7 per cent to Rs 174.92 crore in FY26 compared to Rs 156.65 crore in FY25, a statement said. The group's focus on efficiency, execution and business diversification helped deliver resilient results despite a dynamic operating environment, Subhash Agrawal, Managing Director, Globe International Carriers said. In FY26, the group entered the hospitality sector through its subsidiary, Govind Kripa Infratech, which entered into an agreement with OPO Hotels & Resorts to operate and manage a 56-room upscale hotel in Jaipur. The company also launched the first phase of its proprietary AI-driven Smart Procurement & Vehicle Placement Interface, leveraging a WhatsApp-based chatbot ecosystem to automate ...
India's logistics cost has fallen to 10-10.7 per cent of GDP in FY26 from 13-14 per cent a decade ago, generating annual savings of up to $133 billion, says report
Flipkart's India Post partnership signals a broader shift in logistics strategy as the Walmart-owned e-commerce major looks to deepen reach while balancing costs and profitability
Cargo disruptions at Nhava Sheva and Mundra expose how driver shortages, fuel scarcity and landside bottlenecks threaten India's trade logistics
The newly-opened 594-km Ganga Expressway is expected to significantly reduce freight transit time across Uttar Pradesh, unlock annual logistics savings of up to Rs 30,000 crore and spur industrial and warehousing growth across more than a dozen districts, according to government estimates and industry players. The six-lane expressway, expandable to eight lanes, connects Meerut to Prayagraj through 12 districts, and is being projected as a major logistics and industrial corridor linking western and eastern UP. Industry estimates suggest UP currently handles around 245-260 million tonnes of intra-state freight annually, largely comprising food grains, construction material and retail goods, while outbound freight volumes are estimated at 135-150 million tonnes, driven by electronics, leather and agricultural produce. UP Industrial Development Minister Nand Gopal Gupta told PTI that the expressway would become "a new chapter" in the state's economy by accelerating industrial developmen
Logistics firm Nissin ABC has leased 3.85 lakh sq ft of warehouse space near Gurugram for five years amid rising demand for logistics assets
Amazon has opened its logistics network to all businesses, intensifying competition for global and Indian delivery firms and raising questions on pricing, margins, and scale
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
E-commerce and quick commerce platforms are using artificial intelligence to improve product data quality, reduce returns, and ease rising logistics costs amid growing customer expectations
Adani Ports handled 500 million tonnes of cargo in FY26, up 11.1 per cent year-on-year, and reaffirmed its target of reaching 1 billion tonnes by 2030
Government's Rs 10,000 crore container manufacturing scheme is under appraisal, aiming to boost domestic capacity, cut import dependence and strengthen supply chains