MSCI’s India Gauge Removes Two Adani Group Companies
MSCI announced last week that it would reduce the free float of two Adani Group entities, Adani Total Gas and Adani Transmission.
Corporate Shippers
Dabur India reported a net profit of ₹300.8 crore for Q4, a rise of 2.2per cent
In five to six years, the food and beverage industry is expected to grow to a Rs 5,000 crore business, stated Mohit Malhotra, CEO of Dabur India.
Air India revises compensation structure from Apr 1, introduces 2 new posts
The salaries of pilots and cabin crew has been revised effective April 1, 2023. The airline plans to hire over 4,200 trainee cabin crew and 900 pilots this year.
Air India upgrades compensation structure, planning to revamp its look
The national carrier may soon sport a new colour scheme, changed interiors, a new uniform for the cabin crew, and a female mascot to accompany the Maharaja.
Nippon Express planning to buy logistics firm Cargo Partner
The Austrian logistics giant could fetch around USD 1 billion through the deal.
AAI Plans To Diversify Into Airport Management Services
The state-owned airport operator searches for new places to deploy its workforce and secure a revenue stream as the government intends to privatise top 25 AAI-owned airports.
Reliance Industries Readies $3 Bn Infra Investment Trust for Retail Warehousing
The move will help the group unlock value and utilise its retail business’s backend warehousing and related logistics assets.
Tata Sons Planning To Set Up an Air India Ground Handling Agency
The ground handling company will meet Air India’s requirements and possibly other carriers’ demands.
Shreeji Receives AEO-LO Certification (Custodian) From CBIC
The Central Board of Indirect Taxes and Customs issues the Certification to recognise business entities that comply with World Customs Organization’s SAFE Framework.
Cold Chain Startup Celsius Raises ₹100 Cr in Series A Funding
The cold supply chain marketplace raised Series A funding led by IvyCap Ventures; will focus on smart tech adoption to organise the sector.
