Cargill redesigns packaging to reduce carbon footprint

Cargill’s oils business in India has redesigned its packaging by cutting down on the amount of raw plastic used across all products. In association with Dow Chemical, the business reformulated its plastic material, making 90% of its plastic packaging recyclable and will be used in the packaging of its popular edible oil brands Gemini, Sweekar, and NatureFresh. To raise further awareness,  the brands carry the slogan “recycle the present, save the future” on their packaging. Commenting on the intiative, Piyush Patnaik, Managing Director, Cargill’s oils business in India said, “As a responsible business, we…

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Legendary Chetak makes a comeback in EV avatar

Nearly a decade after Bajaj Auto suspended the production of its flagship offering – Chetak scooter – and took to motorcycle only route, the legendary Chetak brand has come alive again in a new avatar. Bajaj Auto last week launched transformed Chetak which would now be available to the consumers in the electric vehicle format. According to a company release, the new Chetak features a hypnotic horseshoe shaped LED headlight with DRLs, feather touch activated electronic switches and sequential scrolling LED blinkers. At the heart of the new Chetak is…

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Flipkart adds food retail to its portfolio

Domestic e-commerce giant Flipkart last week announced adding a new vibrant vertical to its portfolio – food retail. Flipkart’s arch rival in the country, Amazon, has already made more than preliminary moves on this front. Flipkart’s food retail business will be spearheaded by a new entity – Flipkart Farmermart and though company has not officially stated the proposed investment quantum for the new venture, the market buzz is indicating Rs 2,000 crore worth of fresh funding in scaling up food supply chain and logistics infrastructure. “In line with the Government…

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Honda 2Wheelers join hands with Tata Capital

Strengthening further its retail finance options for customers, Honda Motorcycle & Scooter India last week signed a Memorandum of Understanding (MoU) for nationwide retail finance partnership with Tata Capital Financial Services Limited – one of the leading NBFCs in India. Elaborating on Honda’s latest two-wheeler retail finance partnership Yadvinder Singh Guleria, Senior Vice President, Sales & Marketing, Honda Motorcycle & Scooter India said,“With increased cost of ownership, more and more two-wheeler customers are availing finance to own their favorite two-wheeler. We believe that with the transition to BS-VI due soon, consumer…

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DHL unveils strategy 2025 to step up digital transformation drive

Global logistics major Deutsche Post DHL Group has unveiled “Strategy 2025 – Delivering excellence in a digital world.” The initiative entails stepping up the digital transformation of the group that is already underway in all business divisions. Till 2025, the group will be spending around EUR 2 billion on digitalization. According to a company release, this sum is already included in the planned Opex and Capex spending. “Deutsche Post DHL Group has never been in better shape. We are convinced that future growth will come from a consistent focus on…

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Mahindra-Ford JV to drive growth in India and promising markets

 Mahindra & Mahindra Limited and Ford Motor Company have signed a definitive agreement to create a joint venture that will develop, market and distribute Ford brand vehicles in India and Ford brand and Mahindra brand vehicles in high-growth emerging markets around the world. Mahindra and Ford will form a joint venture, with Mahindra owning a 51 percent controlling stake and Ford owning a 49 percent stake. Ford will transfer its India operations to the joint venture, including its personnel and assembly plants in Chennai and Sanand. Ford will retain the…

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Honda commences deliveries of Activa 125 BSVI

 Marking the auspicious day of first Navratri with more joy for its customers, Honda Motorcycle and Scooter India commenced deliveries of its revolutionary first BSVI two-wheeler ‘Activa 125’. Starting the festivities on a grand note, the keys of BSVI Activa 125 were handed over to its first customer, Ankur Arora in New Delhi. The all new Activa 125 BSVI offers future technology in the present, bringing India at par with global standards – the Sophisticated, Precise & Sensitive Enhanced Smart Power (eSP) NEW. Living upto the trust shown by millions of customers in brand Honda and its innovative products, Activa 125 BSVI is developed with as…

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UPS expands express services in India

UPS(NYSE:UPS) has added three new countries served by UPS Worldwide Express, and broadened its reach across 76 cities in the Indian Subcontinent, Middle East, and Africa (ISMEA). In India, the UPS Worldwide Express import service is expanding across seven cities including Delhi, Faridabad, Gurgaon, Pune, Manesar, Bangalore and Chennai. UPS customers in these cities can now receive packages earlier in the day, giving Indian businesses the opportunity to receive critical parts faster and ensuring their supply chains can operate more efficiently. The UPS Worldwide Express service offers guaranteed delivery on…

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GARMIN India introduces ‘MARQ’ collection

Marking the 30th year of Garmin’s long-standing heritage in the aviation, automotive, marine, outdoor and sport segment, Garmin India– a unit of Garmin Ltd. (NASDAQ: GRMN), has launched its premium luxury watch collection – The MARQ. With this high performance collection, Garmin India has redefined the luxury watch space in India. The extraordinarily spread of smart devices comes equipped with savvy modern features.   The MARQ collection features variants such as MARQ Driver, MARQ Athlete, MARQ Aviator, MARQ Captain and MARQ Expedition, designed for people who aspire for a perfect amalgamation of timeless luxury and best-in-class technology.…

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FM Logistic kickstarts construction of 31 acre multi-client facility in Jhajjar

French logistics firm FM Logistic which is seeking to expand its presence in India (after acquiring Pune-based Spear Logistics in 2016) , has formally kickstarted construction of a new multi-client logistics facility (MCF) in Jhajjar, near Gurugram, Haryana. The warehouse, a sprawling 31 acre site, is likely to get ready by 2020 end and is part of the five-year US$ 150 million investment plan the company has earlier announced in 2019. The unit is expected to considerably strengthen FM Logistic’s positioning in northern India. Talking at a press conference in…

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