Allcargo Logistics Limited has in-principle approved setting up a Logistics Park in the Jhajjar District of Haryana. The facility is expected to be operational by 2018, subject to necessary regulatory approvals and rail connectivity....
Logistics in India is a 6 lakh crore market that is thoroughly unorganized and riddled with inefficiencies. There is a host of players who seem to be rushing in to grab a chunk of...
A top company executive said that Ashok Leyland Limited is planning to wrap up 23 of its 27 joint ventures in a bid to cut its debt and focus on core businesses. “What’s the...
India Transport Portal, a website gathering experts to improve transport in India, has recently published a new research study emphasising the relation between rolling resistance and fuel consumption. Rolling resistance (also called the rolling...
Government is eyeing annual savings of INR 25,000 crore on logistics costs by 2025 by promoting Coastal Shipping under its ambitious Sagarmala project. Sagarmala aims at promoting port-led development by harnessing the country’s 7,500-...
The slump in economy notwithstanding, Visakhapatnam Port is all set to retain fifth slot in the country by either surpassing or finishing close to last year’s cargo of 58 million tonnes (mt) by March...
Tata Motors is hopeful of closing this financial year with a 25 per cent growth in commercial vehicle sales and continuing the run next year as well on replacement demand to meet new emission...
India’s entrepreneurial sector is abuzz with a number of young leaders who want to proactively contribute to the well-being of society without waiting for the establishment to solve problems. These entrepreneurs are grappling with...
Indian automobile makers were cheerful on Tuesday as they reported higher sales numbers last month, a day after union Finance Minister Arun Jaitley deflated their enthusiasm proposing hike in tax rates. As a pointer...
In a bid to discourage imports of goods, Finance Ministry Arun Jaitley in Union Budget for financial 2016-17 (Apr-Mar) has announced imposition of 14% service tax on services provided by domestic shipping companies transporting...
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