Digital Conference on ‘Multimodal Transportation’

Confederation of Indian Industry (CII) is organizing a digital Conference on ‘Multimodal Transportation-Aiming towards last mile connectivity’ on 29September 2020   The conference aims to highlight the key actions that are required to create a vibrant and efficient multimodal system covering roads, rail, sea, inland waterways, air and the warehousing facilities.  The conference  will focus on identifying key infrastructure challenges that inhibit growth of transportation and logistics sector. Key speakers include :- Gen V K Singh (Retd) , Minister of State for Ministry of Road, Transport and Highways, Government of India Mr Mansukh Mandaviya, Minister of State…

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Blue Dart to hike shipment price

Domestic express major Blue Dart has announced an average shipment price hike of 9.6 percent which will become effective from January 1st 2021. The company in a statement has maintained that the annual price hike is based on factors like account inflation, currency dynamics, fuel cost fluctuations and other rising regulatory and mandatory costs, such as expenses related to compliance for the workforce. Commenting on the announcement, Balfour Manuel, Managing Director, Blue Dart said, “The General Price Increase will account for the cost we have incurred and invested in our…

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Retail firms dominate BrandZ ranking

Retail and telecom brands have outperformed most other categories and seen their brand value increase in the 2020 BrandZ™ Top 75 Most Valuable Indian Brands ranking, recently released by WPP and Kantar. According to a formal release, retail sector in particular adjusted to the needs of shoppers restricted by lockdown measures. Reliance Retail (+102%, no. 25, $2.3 billion) was the fastest riser this year, up 30 places, with telecom brand Jio (no. 7, $6.9 billion) contributing to the overall success of the parent company. The largest retailer in India, Reliance Retail has invested in its digital commerce…

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DP World to develop trade links between UAE- Israel

DP World, the global logistics major, and Dubai Customs will be exploring opportunities to develop trade links between Israel and the United Arab Emirates, following the signing of a series of memorandums of understanding (MoUs). Group Chairman and CEO of DP World, HE Sultan Ahmed bin Sulayem, recently signed MoUs with DoverTower, a company owned by Shlomi Fogel, the co-owner of Israel Shipyards and Port of Eilat. Part of the engagement between the two countries to strengthen peace, dialogue and stability and promote sustainable development, the MoUs create a framework…

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Mi India introduces ‘Store on wheels’ on a pilot basis

Country’s leading smartphone and smart TV brand Mi India has introduced ‘Mi Store on Wheels’ (MSoW),an innovative concept that brings exclusive retail experience to the heart of Bharat. According to a company release, Mi Store on wheels will operate out of a Van and travel across towns covering a set journey and ensure presence in all the popular weekly haats and markets along the way. The initiative will first pilot in Chhattisgarh, covering places right from Basna to Sankara and Bhawarpur to Pithora.  Commenting on the initiative, Muralikrishnan B, COO,…

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