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Telematics: The Future of Organized Logistics

Mumbai | September 03, 2015 16:57 IST

Fleet telematics promises to play a key role in this effort for organization of the sector. India currently has an estimated VTS (Vehicle Tracking Systems) adoption of less than 1% as compared to near 100% adoption in developed economies. However, there are several solid reasons for fleet owners to adopt VTS and fleet telematics to improve profitability and operational efficiency.

GE, Alstom eye Bihar railway loco projects: Report

India Infoline News Service | Mumbai | September 03, 2015 08:36 IST

The projects have been delayed by nearly 10 years now, but the Railway is confident of awarding them by the end of September, a senior Railway Board executive has told a financial newspaper.

Brocade brings network magic to the Jim Henson Company

India Infoline News Service | Mumbai | September 02, 2015 17:13 IST

The workstation uses a joystick and a digital glove, enabling puppeteers to manipulate a digital puppet exactly like they would a physical puppet. This setup allows puppeteers to perform virtual characters within a real-time animation studio environment that completely replicates a three-camera, live-action shoot.

Logistics stocks jump on GST hopes

India Infoline News Service | Mumbai | August 28, 2015 15:43 IST

VRL Logistics and Transport Corporation zoomed over 8% each to Rs. 452 and 272.30, respectively.

Logistic Cos surge; MFL India zooms 10%

India Infoline News Service | Mumbai | August 26, 2015 16:55 IST

Shares of logistics service providers were seen trading with solid gains amid reports that the government is considering re-convening Parliament in its bid to pass the Goods and Sales Tax (GST) Bill.

Indian Logistics: Taking giant leaps forward

Mumbai | August 26, 2015 12:39 IST

The expected changes in government taxation policies and regulation of service providers would be the most important factors in the process of development of the industry.

Shares of Logistics companies rally on GST hopes

India Infoline News Service | Mumbai | August 26, 2015 10:53 IST

Gati, Patel Integrated Logistics have zoomed over 8 percent on buzz that the government may reconvene Parliament to consider clear GST Bill.

DTDC brings exciting Digital experiences & television initiatives this Rakshabandhan

India Infoline News Service | Mumbai | August 21, 2015 16:03 IST

DTDC Express partners with Klikgenie.com to launch its first ever customer-centric Mobile App RakhiExpress. Also introduces exciting interactive online contests for every brother and sister.

Patel Integrated Logistics Q1 net profit up 135%

India Infoline News Service | Mumbai | August 10, 2015 18:52 IST

The focus on high margin business, coming in from the new-age businesses like e-commerce coupled with cost cutting measures has helped us improve our margins considerably during the June quarter, Areef Patel says.

VRL Logistics climbs over 2% on good results

India Infoline News Service | Mumbai | August 10, 2015 16:18 IST

The company posted almost 41 percent growth in standalone net profit at Rs. 35.38 crore in Q1FY16, as against net profit of Rs. 25.10 crore in Q1FY15.

VRL Logistics hits 52-week high on good results

India Infoline News Service | Mumbai | August 10, 2015 11:03 IST

VRL Logistics posted almost 41% growth in standalone net profit at Rs. 35.38 crore in Q1FY16, as against net profit of Rs. 25.10 crore in Q1FY15.

Railways to commence first section of eastern freight corridor by March

India Infoline News Service | Mumbai | August 10, 2015 08:52 IST

The Durgauti-Sasaram section is likely to be commissioned on a pilot basis, the Dedicated Freight Corridor Corporation of India Ltd. (DFCCI) Managing Director Adesh Sharma told reporters in New Delhi over the weekend.

Mahindra Logistics plans IPO by 2018

India Infoline News Service | Mumbai | August 10, 2015 06:22 IST

Mahindra Logistics will reportedly place its planned strategy to Mahindra group chairman Anand Mahindra in the forthcoming war room in December.

AMD Industries zooms 11% on strong growth

India Infoline News Service | Mumbai | August 06, 2015 16:44 IST

The company's Q1FY16 net profit nearly doubled to Rs. 6.53 crore for the quarter ended June 2015 when compared with Rs. 3.73 crore in the preceding quarter ended March 2015.

Snowman Logistics slumps 7% on 61% drop in net profit

India Infoline News Service | Mumbai | August 06, 2015 16:27 IST

The company reported over 61 percent drop in net profit at Rs. 5.5 crore versus Rs. 14.2 crore on quarter-on-quarter basis.

Snowman Logistics drops post Q1 earnings

India Infoline News Service | Mumbai | August 06, 2015 10:43 IST

So far, the stock has slipped to an intra-day low at Rs. 106 on the BSE.

Snowman Logistics Q1FY16 net profit increases by 134% to Rs 5.53 crore

India Infoline News Service | Mumbai | August 05, 2015 16:28 IST

The companys revenues for Q1FY16 increased by 20% to Rs.59.20 crore from Rs. 49.33 crores in the same period last year. The EBITDA for the quarter increased by 6% to Rs12.42 crore compared to Rs. 11.72 crore.

DHL to present designers Anand Kabra and Nikasha Tawadey at IMG Lakm Fashion Week 2015

India Infoline News Service | Mumbai | August 04, 2015 12:52 IST

This is the 9th year of DHL's partnership with IMG as the Official Logistics Partner for fashion weeks across 11 countries and 4 continents and DHL and IMG announced the second cycle of the global fashion sponsorship programme, DHL Exported, also open to Indian fashion designers

Gati plunges 8.6% after disappointing Q1 results

India Infoline News Service | Mumbai | July 31, 2015 16:06 IST

The company's net profit dropped by nearly 32 percent to Rs. 7.83 crore in Q1FY16 from Rs. 12 crore in Q1FY15. The stock hit a high at Rs. 188 and low at Rs. 179.30 on the BSE today.

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Stability in US and Europe to aid export growth

India Infoline Research Team / 10:47, Aug 24, 2015

In spite of massive improvement in CV demand, standalone revenues for Banco Products Ltd registered muted performance with sales at Rs. 113cr in Q1 FY16.