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Centre brings together states, industry for $100 billion textile exports goal
India aims to double its textile and apparel exports to $100 billion by 2030, with a nationwide exercise and summit focusing on strategies for key hubs. Discussions centered on technical textiles, man-made fibers, and improving logistics. The initiative emphasizes district-led growth and value addition to bolster the nation's global textile trade presence.
Nexus Ventures sells ₹208 crore worth of Delhivery shares
Nexus Ventures has sold a 0.6% stake in Delhivery for about ₹208 crore through a block deal. The transaction comes as the logistics company expands its electric delivery fleet and continues to focus on improving profitability.
Delhivery and Bajaj Auto partner for modernization of urban logistics
To deploy 200 Bajaj RIKI eCarts across its last-mile delivery network
Delhivery expands green fleet with 1,500 Bajaj electric cargo vehicles
Delhivery is accelerating its eco-friendly logistics by partnering with Bajaj Auto to deploy approximately 1,500 electric cargo three-wheelers nationwide within two years. This initiative prioritizes smaller cities, with an initial rollout of 200 Bajaj RIKI eCarts in Delhivery's last-mile network. The integration with route optimization aims to boost efficiency and slash emissions.
Adani Group to invest Rs 90,000-Rs 1 lakh crore across airports in next 5 years as Mundra commercial operations take off
Adani Group plans a massive Rs 90,000-1 lakh crore investment in its airports over five years, Jeet Adani revealed. The group will aggressively bid for 11 new airports as the government opens private bidding. This expansion aims to significantly boost India's aviation economy. The launch of commercial flights from Mundra airport, connecting to Mumbai and Goa, marks a key step in transforming the region into a logistics hub.
Adani Mundra Airport Takes Flight As Fully Integrated, Multi-Modal Logistics And Business Hub
Built on the Adani Group's proven development model, the Mundra Airport is engineered for efficiency and growth
Adani Mundra Airport launches first scheduled flight services
Adani Mundra Airport has launched its first scheduled flight service with Star Air, connecting Mundra to Mumbai and Goa. This expansion includes eight new routes, significantly boosting connectivity for businesses, trade, and tourism in the Kutch region. The airport's new operations are a key step in developing Kutch into a comprehensive logistics and business hub, adding another vital transport option for commercial activities.
Meesho shares in focus as Citi initiates coverage with Buy rating. Here's why
Citi has initiated coverage on Meesho with a Buy rating and Rs 210 target, citing strong user growth, deep penetration beyond metros, and improving monetisation. The brokerage expects robust NMV expansion and margin gains, driven by advertising and logistics execution, even as average order values decline modestly.
JSW Infrastructure launches Rs 7,500 crore QIP, to fund capex, repay debt
JSW Infrastructure has launched a Rs 7,503 crore QIP to fund expansion projects, reduce debt and pursue strategic acquisitions. The institutional share sale, priced at a discount to the market price, is expected to strengthen the company's balance sheet and support the next phase of growth in ports and logistics.
Railway Stock Jumps 5% After Securing ₹265 Cr Orders from JSW Rail Logistics and OPTCL By Trade Brains - Investing.com India
Railway Stock Jumps 5% After Securing ₹265 Cr Orders from JSW Rail Logistics and OPTCL By Trade BrainsInvesting.com India
Zypp Electric gears up for $200 million IPO, appoints bankers
Zypp Electric, a Gurugram-based EV logistics startup, is said to be in the process of closing a pre-IPO funding round for alisting in FY28.
Two railway stocks surge up to 4% post order wins reported on Friday
Texmaco secured orders worth ₹253.3 crore from JSW (South) Rail Logistics for the manufacture and supply of rakes and wagons, along with a ₹11.5 crore contract from Odisha Power Transmission Corporation. Meanwhile, RVNL received a ₹2,977 crore order from NMDC for setting up buffer stockpiles and a blending yard with a handling capacity of 10 MTPA at Visakhapatnam.