Manager (Operations) opening with a logistics firm

A leading recruitment firm is looking for candidates for the position of Manager Operations to be appointed by a logistics firm. Location: Hyderabad CTC:  8 Lpa Exp: 7 to 12 Years Duties and responsibilities: Ensuring area deliverable are met duly reported. Ensure commercial and statutory compliances are met along with the support of teams. Operational Knowledge of Logistics/ Couriers/Retail/FMCG/FMCD industry is necessary. The ideal candidate should be between 30 years to 36 years of age. Interested candidates can share cv : sarita@jbbinnovators.com

Read More

Flipkart goes to Walmart, stage set for battle royale

Ritwik Sinha After several weeks of intense speculations, world’s largest retail chain Walmart on wedenesday finally confirmed buying out India’s largest e-commerce player Flipkart. Walmart is buying a commanding 77 percent stake in Flipkart doling out a staggering $16 billion which makes it the largest buyout in the e-commerce space in the world. With this deal, the valuation of Flipkart has shot up to $21 billion. Flipkart is estimated to have a commanding 40 percent share in the Indian e-commerce market which is considered to be one of the fastest…

Read More

Mahindra Logistics revenue inches close to Rs 3500 crore

One of the leading 3PL service providers in the country, Mahindra Logistics has reported an impressive jump in its earnings in fiscal 2017-18. The company, which got enlisted last year, has reported a revenue growth of 28% –  grows from Rs. 2667 crore to Rs.3416 crore. Its profit before tax figure also went up by a hefty 51 %- increases from Rs 68 crore to Rs. 102 crore. The company which is considerably aligned to Mahindra group business has attributed its impressive financial numbers to healthy revenue growth in SCM…

Read More

Ecom Express pin code coverage shoots upto 25,000

Delhi-headquartered Ecom Express, a leading e-commerce delivery company, has reported significant growth in its pan-India coverage. The company has claimed adding 8000 pin codes to its existing network taking its pin-code coverage volume to 25,000. As part of this expansion drive, the company has expanded its network to cover the entire states of Assam, Chhattisgarh, Jharkhand, Kerala, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh in line with its full-state coverage programme, that is, to cover 100 per cent PIN codes of a state, including all villages. To cater to this expansive network,…

Read More

Impressive financial performance by Expeditors

US-based global freight forwarding major Expeditors International has reported over 45 percent jump in its net income in the first quarter of 2018 net income which rose sharply to touch $637 million. Much of the credit goes to its air freight division which net revenue jumped by 26.5 percent to $218 million. The company earned $141 million from its ocean freight business. “Compared with the robust volume growth in the first quarter a year ago, this quarter’s volume increases and financial performance track more in line with our historical performance,”…

Read More

Site clearance approval for Greenfield airport in Pune

Accepting the recommendations made by the steering committee on Greenfield Airports,  Ministry of Civil Aviation recently accorded site clearance approval to the Greenfield International Airport at Purander, Pune. The approval, however, has some serious riders which includes advisory to the Maharashtra Airport Development Company Ltd – MADC, the agency executing the project, not to close the existing Pune airport. It will accordingly take up the matter with Ministry of Defence and will try to make both the airports available for civil use. With the grant of site clearance approval, the…

Read More

OBOPAY joins hands with Mexico based GoRed

OBOPAY, the global mobile payment solutions company, has signed a strategic deal with GoRed – a leading fintech firm based in Mexico. Expanding its fintech services for the first time ever to Latin America and to become a transaction switch for the region, OBOPAY will provide its “Evolys” payment platform to “GoRed”. As a part of the agreement, OBOPAY will manage end-to-end digital payment solutions for “GoRed” including bill pay services, micropayments, P2P, cash in, cash out, remittance, card acceptance, NFC payment capability etc. “GoRed” is a Fintech company based…

Read More

Lufthansa offers Chaayos Masala Chai on board

Lufthansa India has partnered with Chaayos, Delhi-NCR based Chai chain, to bring onboard special blends of the Indian masala tea exclusively created for the airline. Effective May 2018, passengers traveling on Lufthansa German Airlines to/from India can savour the authentic Indian masala chai featuring a special blend of high quality natural ingredients, including Assam tea, dried ginger, cardamom, cinnamon, black pepper and cloves, with no added artificial flavours.   “We are always looking for authentic culinary offerings in our inflight services. Chaayos is an expert in customized chai and with our…

Read More