Following this transaction, existing investors Goldman Sachs and KKR will fully exit their investments in TVS Logistics
Two sides also held discussions on cooperation for developing vehicle scrapping capacity in India, wherein Germany can share eco-friendly technology for scrapping of old vehicles
With logistics becoming all-encompassing from SCM at the back end to last mile deliveries at the front end, companies have to equip employees with modern skillsets, says S Narayan
Blue Dart Express, Allcargo Logistics, Gateway Distriparks and Transport Corporation were up between 2%-3% on the BSE.
Diesel de-regulation, big thrust on building highways, Carriers' Act, dedicated freight corridor, GST and Make in India campaign can be game changers for logistics sector, says Anil Syal
Patel Integrated, Snowman Logistics, Allcargo Logistics and VRL Logistics were up 5%-10% as compared to 0.47% rise in the S&P BSE Sensex.
The Krishnapatnam (AP) facility, to be operational by March 2017, will cater to the Exim trade of seafood, meat, dairy products, pharmaceutical products, fruits and fruit pulp
Experts, though, sceptical on Bill's passage and on valuations
Patel Integrated Logistics, Kesar Terminals, Snowman Logistics and VRL Logistics were up 3%-7% on the BSE
Access to cheap capital should be made available to logistics service providers for investments in infrastructure, says an Assocham-Resurgent India joint study
Locus had raised its seed investment in July last year from growX Ventures; and angel investors Bhupen Shah, Manish Singhal and Amit Ranjan also participated in the series A round