Maiden ‘BIMSTEC Ports’ Conclave’ in Vizag

The first edition of ‘BIMSTEC Ports’ Conclave’ will be held at Visakhapatnam in Andhra Pradesh on   7-8 November 2019. The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an International Organization involving a group of countries in the South Asia and South East Asia namely, Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal. The Ports’ First Conclave of BIMSTEC nations is expected to explore the possibility of increasing economic cooperation by furthering EXIM trade and coastal shipping.  The Conclave will also discuss on various investment opportunities,…

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Maiden ‘BIMSTEC Ports’ Conclave’ in Vizag

The first edition of ‘BIMSTEC Ports’ Conclave’ will be held at Visakhapatnam in Andhra Pradesh on   7-8 November 2019. The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an International Organization involving a group of countries in the South Asia and South East Asia namely, Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal. The Ports’ First Conclave of BIMSTEC nations is expected to explore the possibility of increasing economic cooperation by furthering EXIM trade and coastal shipping.  The Conclave will also discuss on various investment opportunities,…

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Urgently needed HR Executive

Location: Bangalore Recruitment Executive Skill requirement: 4+yrs exp in recruitment through job portal, headhunting, social media & cold calling. Technical know how and IT recruitment experience preferred. Job Description: Source, interview, and select applicants for technical positions. Meet with hiring managers to determine job duties. Write job descriptions. Match applicants to job openings. Source for future job openings. List job postings on job boards, social media, corporate career web sites, and other possible channels. View applications & call applicants and perform phone screens. Have applicants come in for formal interviews.…

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‘India First’consideration to drive future trade deals, says Piyush Goyal

Two days after India refused to become the signatory of the Regional Comprehensive Economic Partnership (RCEP) treaty in Thailand, Union Minister of Commerce and Industry & Railways Piyush Goyal while addressing a press conference in Delhi assured that India will never finalize any trade agreement in a hurry. During trade negotiations the focus will be on India first, he maintained. Goyal asserted that India’s economic interests and national priorities come first and the concerns of the farmers, dairy sector, MSMEs and domestic manufacturing will be addressed and these sectors will be…

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TCI Express reports nearly double-digit revenue growth in Q2

TCI Express, a leading player in the domestic express distribution business, has reported 9.3 percent revenue growth in the second quarter of the current fiscal. According to a company release, revenues  from operations shot up to Rs. 271 crores in Q2 FY2020 from Rs. 248 crores in Q2 FY2019. The company saw its  EBITDA margin growing by 15.1 percent – Rs. 32 crores in Q2 FY2020 as against Rs. 28 crores in the corresponding period last year.Commenting on the performance, Chander Agarwal, Managing Director, said: “The margin improvement was attributable to operational efficiency and better working capital management.We also expanded our geographical presence and opened 15 new branches in the quarter.” During the quarter, the company kickstarted two new sorting centre projects at Gurgaon and Pune. Construction of the new 2 lakh sq.ft. sorting centre at Gurgaon and 1.5 lakh sq.ft. sorting centre at Pune are expected to be completed by end of the current fiscal year with commercial operations projected to begin fromQ1 FY2021.

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CEVA expands its functional base in South Asia

Global logistics major, CEVA Logistics, has expanded its footprint in South Asia by opening two new offices in Sri Lanka and Maldives. With this initiative, CEVA Logistcs is committing multimodal services (air, sea and road transportation solutions), to its customers in the two countries. Going by the indications from the company, CEVA Logistics is particularly keen to tap Sri Lanka’s exim trade market primarily comprising sectors like textiles and machinery. “CEVA Logistics’ customers will find we are able to deliver more efficient solutions across a greater range of services. Inbound…

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GRSE delivers second FPV to Indian Coast Guard

Garden Reach Shipbuilders and Engineers (GRSE), a Miniratna Category 1 and a leading warship building company in the country under the administrative control of the Ministry of Defence, has delivered ICGS Annie Besant, second in the series of five Fast Patrol Vessel (FPV) to the Indian Coast Guard. The FPV is a medium range surface vessel with a length of 50 m, width of 7.5 m and displacement of around 308 T and is capable of operations in the maritime zones of India. These powerful, fuel-efficient platforms are designed to…

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Honda to introduce new exclusive premium motorcycle models

Six months after establishing its new premium big bike business vertical–, Honda Motorcycle & Scooter India recently shared the overview of its next exciting and aggressive growth plans for fun biking enthusiasts in India. Elaborating on Honda’s fun biking focus, Yadvinder Singh Guleria, Senior Vice President – Sales & Marketing, Honda Motorcycle & Scooter India said, “Globally Honda has a strong legacy of fun riding – be it for fun urban riding, super-sport racing, luxurious touring or even off-roading. Starting April’19, Honda spearheaded its new premium bike business identity under Silver…

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‘Retail Investor Day’

To commemorate the Silver Jubilee celebrations of Electronic Trading of Equity, National Stock Exchange (NSE) has announced November 3 would be celebrated as the Retail Investor Day.  The Retail Investor Day would be in alignment with NSE’s stated agenda and vision for financial inclusion which has resulted in one of the largest investor education and literacy programs in the country. Starting from schools and colleges to programmes for investors, for women, special groups like police and armed forces to senior citizens, NSE already covers over 500 districts and over 2500 programs…

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Celebrating women power with Dhaaga store

With an intent to take its women empowerment initiative to the next level, Tata Power in collaboration with TPDDL recently launched its first Dhaaga store in Delhi. This Dhaaga store provides women artisans a platform to showcase their talent and secure their future. This store will have a special display and selling unit of handicrafts such as jute bags, soft toys, apparels, bangles, paper cups etc. made by the SHGs and Dhaaga women. The earnings from the sales at this unit will be directed towards these women, propelling them on the path…

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