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Integrated temperature-controlled logistics service provider Snowman resumed expansion plans at three new locations on Wednesday. The share buyback stopped after the deal was signed. Gateway Distributions Limited (GDL), its promoter, recently concluded a share buyback deal to sell its 40.25 percent stake in Snowman Logistics to Adlogistics for Rs 295.92 crore. Snowman is the largest […]
Read MoreThe centralized economic stimulus on Micro, Small and Medium Enterprises (MSME) comes just days after Prime Minister Narendra Modi announced a 20 trillion mega package to revive the Indian economy. The Union Finance Minister (FM) has announced six key measures including collateral-free loans, changes in the definition of SMEs, and an increase in the scope […]
Read MoreLean is ‘in’ these days – and auto showrooms will be the most shining ambassadors of this management method. The drive toward achieving this goal will likely have a ‘digital’ powertrain. Singed by financing costs of unsold inventory, dealers and vehicle makers want minimum stocking in yards and sales touchpoints. Digital bookings for sales and […]
Read MoreEven because the government has announced a few relief inside the lockdown, inland logistics companies’ volumes is in all likelihood to fall 10-15 in keeping with cent inside the monetary yr 2020-21 as the consumption call for ought to take a longer time for recuperation, in step with India Ratings. According to the organization, operational healing for logistics gamers can be sluggish and extended over 2020-21, as against a pointy V-shaped restoration. While the extent of inland logistics players is predicted to be down by means of 10-15 according to cent yr-on-year in 2020-21, the first sector of the year is probably to look a 40-60 in line with fall because the lockdown has been extended until May 3. “The quantity decline will be asymmetric across the flee chain, with […]
Read MoreFord today announced that it has partnered with 3M to build Powered Air Purifying Respirators (PAPR) in response to the COVID-19 pandemic. These breaths are often referred to as positive-pressure masks because they expel contaminated air, pull it through a filter, and then push it into a closed mask with an air blower. Ford helps […]
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