Market News
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Adani Ports emerges top contender for Karanja Terminal takeover
Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port operator has offered full repayment to financial creditors for their outstanding dues. This development follows Prudent ARC's acquisition of nearly all of Karanja's debt, signaling a significant shift in the company's future.
India Exports 4.3 Tons Of Banganappalli Mangoes To Singapore Via Cost-Effective Sea Route
The sea route offers a substantial reduction in logistics costs, estimated at Rs 1320 per kg, compared to Rs 150250 per kg through air shipment.
Railways to allow industries to design wagons as per their specific need
Indian Railways is set to revolutionize freight transport by allowing industries to design wagons tailored to their specific needs. This move aims to attract new cargo streams, boost customer convenience, and increase rail's share in logistics. Following extensive consultations, a new, industry-friendly Wagon Design Policy will be finalized within 15 days, empowering businesses to propose modifications while ensuring safety standards are met.
Indian Railways to liberalise wagon design policy
Indian Railways is set to unveil a new wagon design policy within two weeks, offering a flexible framework for industries to develop specialized wagons. This move aims to boost rail transport by tailoring designs to specific commodity needs, enhancing efficiency and environmental friendliness. The policy, driven by industry feedback, will allow customization while maintaining safety standards, potentially attracting more businesses to rail logistics.
Bajaj Auto to push premium motorcycles, turbocharge Chetak in FY27: Chairman
Bajaj Auto is set to bolster its 125cc+ motorcycle range and accelerate the electric Chetak's growth in FY27. The company plans to boost exports amid global market recovery, while also addressing logistics challenges. Strategic investments will focus on product innovation, brand building, and enhancing customer experience, alongside expanding capacity for electric and premium bikes to mitigate supply risks.
Jupiter Wagons wins ₹264 crore orders as rail freight push gathers pace
The rail wagon maker secured fresh orders from JSW South Rail Logistics and Central Warehousing Corporation, benefiting from growing demand for rail-based cargo movement and logistics infrastructure.
Jupiter Wagons secures orders worth Rs 264 crore from JSW Rail Logistics, CWC
Jupiter Wagons has secured two major orders with a combined value of approximately Rs 264.32 crore from JSW (South) Rail Logistics Private Limited and Central Warehousing Corporation (CWC).
Alpha Wave sells entire 1.9% stake in Delhivery; stock falls over 2%
Global investment firm Alpha Wave Global has divested its entire 1.93% stake in logistics giant Delhivery for Rs 665 crore. This significant exit saw the firm offload over 1.44 crore shares. In related news, venture capital firm Nexus Venture Partners also sold a substantial stake in Delhivery, while Mirae Asset Venture Investments reduced its holding in logistics firm Shadowfax Technologies.
Relaxo Footwears Ltd leads gainers in 'A' group
Motherson Sumi Wiring India Ltd, Aegis Logistics Ltd, HFCL Ltd and Max Healthcare Institute Ltd are among the other gainers in the BSE's 'A' group today, 25 June 2026.
Delhivery share sale: Logistics stock falls over 2% after Alpha Wave Ventures sells entire 1.93% stake
Alpha Wave Ventures LP sold its entire 1.93% stake in Delhivery in two tranches on June 24. The Delhivery stake sale by Alpha Wave Ventures LP comes a few days after venture capital firm Nexus Venture Partners offloaded its 1.97% stake in Delhivery.
Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?
Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This rally follows the announcement that the board will meet on June 29 to consider a share buyback proposal. The company, which offers security, facility management, and cash logistics, reported strong financial growth in FY26, with revenue up over 21% and operating profit by 24%
AVG Logistics consolidated net profit rises 104.78% in the March 2026 quarter
Sales rise 19.47% to Rs 176.47 crore