Free Press Journal
  • Haryana government signs Rs 20,000 crore worth MoU for logistics parks

    Mumbai: Haryana government has signed a memorandum of understanding (MoU) with Verbind, an integrated trade facilitation services organisation, to set up logistics and trading hub in the state that would attract investment to the tune of Rs 20,000 crore.

  • Logistics company ‘Delhivery’ to get funding of $100 million (Rs 673 crore)

    Logistics company Delhivery is in talks with The Carlyle Group and Chinese conglomerate Fosun to raise fresh funding of about $100 million (Rs 673 crore) according to two people aware of the talks, who estimate the Delhi-based firm could be valued at about $700 million (Rs 4,700 crore), if the transaction is successful.

  • Own up responsibility and resign, RBI Governor told

    Chennai : RBI Governor Urjit Patel should resign owing moral responsibility for not properly planning the logistics and other aspects of demonetising 500 and 1,000 rupee notes, a top union leader said.

  • Now, MMRDA to develop Bhiwandi as logistics hub

    Mumbai : After planning to develop a growth centre at Kalyan, the Mumbai Metropolitan Region Development Authority (MMRDA) is now taking steps to build one in Bhiwandi. The MMRDA plans to develop and streamline Bhiwandi into a logistics hub.

  • Skilling India’s Food Logistics Sector: Where can the UK help?

    Mumbai : A seminar on ‘Enhancing India’s Competitiveness through Logistics and Supply Chain Efficiency’ was organised by Dun & Bradstreet Tangram Advisory Services Private Limited in Mumbai. During the seminar, Dr. S.K. Goel, Ex-additional Chief Secretary, Agriculture and Marketing, Govt. Of Maharashtra pointed out that ‘there is a need to connect the dots in the food value chain.  Focusing specifically on where the UK can contribute, the discussions show that there is

  • Chief Operating Officer and Co-Founder Binny Bansal

    Flipkart to invest $2.5 bn on logistics, warehouses

    Hyderabad : Online marketplace Flipkart will invest a “couple of billion dollars” in the next few years on beefing up its logistics network as part of efforts to strengthen its position in the booming e-commerce industry.  Flipkart, which competes with Snapdeal and Amazon besides other smaller players, today opened its largest warehouse in Telangana.     It plans expanding its network of warehouses across the country to speed up delivery of goods to

  • Retailers ramping up, logistics is their big bet

    Any general, they say is only as good as his army. And anyone will tell you that a war is a-brewing. The war we speak of, is of course for dominance in the e-commerce space. With billions of dollars being poured into e-tail, there’s little wonder why leading e-commerce operators are bullish about future prospects. Heli Ranjan, an independent market research analyst surmises that in the next three years alone, there will

  • Google Glass

    Google Glass to help logistics’ services

    Washington: The eye-wearable device Google Glass is set to help workers at the world’s leading postal and logistics company pick products and pack them for shipping in a jiffy.

  • Supply-Chain-Management

    The Role Of SCM In The Retail Of Today

    With the retail market booming, retailers across the nation put on their thinking caps to make the best of the opportunities at hand. Supply chain management, also coined as SCM plays an integral role in the entire process. We took a trip down this retail road to see the latest in the views on supply chain management, the changes that should be implemented, the fast changing trends of the consumer, and the

  • ‘MP’s contribution in food Processing sector just 8%’

    Indore : Despite being one of the biggest agri and horticulture products cultivator, MP Food Processing Sector contributes to approx meager 8 per cent to the Indian food basket, wherein Horticulture is emerging with four upcoming hubs at Burhanpur, Shajapur, Ujjain and Mandsaur, said RG Dwivedi, Regional Director, PHD Chamber.

  • Agarwal Packers to sell 10% equity for Rs 100 crore

    Mumbai : Logistics player Agarwal Packers and Movers is looking to raise up to Rs 100 crore by selling a minority stake to private equity funds to fuel its expansion plans.

  • Retail-Technology

    RetechCon 2015: Addressing the challenges of retail in digital era

    Retail is probably one of the world’s oldest businesses. Ever since human beings first started trading, commerce, ergo retail has been in existence. The challenges of retail, just like the space itself have evolved. And in the age of the internet, these challenges have become ever more synonymous with technology. Gone are the days when big name stores would simply hang out a ‘sale’ sign and customers would rush in droves. Today, consumer is

  • VRL Logistics shares zoom 43% on debut

    Mumbai: Transport and logistics firm VRL Logistics made a grand debut on the bourses, with shares rising over 43 per cent as against the issue price of Rs 205. After listing at Rs 288, a sharp rally of 40.48 per cent against the issue price, shares of VRL Logistics finally ended at Rs 293.30, up 43 per cent on the BSE. During the day, it hit a high of Rs 309.10 and