Huawei founder emphasizes on open collaboration

Believed to be caught in the cross fire of trade war between two economic giants, China and US, the Chinese technology major Huawei’s founder and CEO Ren Zhengfei recently emphasized on the need of unhindered open collaboration to benefit the global consumers vis-à-vis new age technological innovation. Zhengfei was participating in an international press meet which also included Nicholas Negroponte, co-founder of the MIT Media Lab and noted venture capitalist George Gilder. Addressing how Huawei will engage American companies who wish to keep supplying it with products, Zhengfei commented: “All…

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Stellar aspires to become the fastest Rs 1000 crore topline logistics firm

3PL firm Stellar Value Chain, spearheaded by Anshuman Singh (former top executive of Future Supply Chain), has set the target of becoming the fastest logistics firm in the country to touch Rs 1,000 crore topline level. Speaking to news agency Moneycontrol recently, Singh said that the company is likely to touch revenue level of Rs 1000 crore by FY21. The company was formed in 2016 and at the end of the current fiscal, it is expecting to clock Rs 700 crore revenue. Having made some significant acquisitions since its formation …

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Rivigo’s freight index promises to bring transparency

In its bid to initiate transparency in the road freight marketplace estimated to be a over $150 billion annual business in the country, technology enabled logistics firm, Rivigo, has launched a National Freight Index (NFI). The exchange promises to provide live spot rate on over 7 million lane and vehicle type combinations in the country by aggregating live rates and historical trends of spot price movements in the road freight industry. The index is represented in two main forms: In terms of actual freight rates condensed to INR per ton-km and…

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Fisher Yuan to spearhead Coolpad India

Coolpad has announced the appointment of Fisher Yuan as its new India CEO. As the CEO, Fisher will be driving the mission and vision of the company while overseeing its day-to-day operations. As Coolpad further strengthens its presence in India, Fisher will create a strategic roadmap for optimum market penetration on the back of the brand’s consumer-centric R&D practices. Fisher moves to the CEO position after spending a major chunk of his career in several leadership roles at Coolpad. He has spent 3 years as the Vice President for sales…

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Niki Frank to spearhead DHL Global Forwarding India business

Global logistics major Deutsche Post DHL Group, which has a strong presence in India, has appointed Niki Frank as Managing Director for DHL Global Forwarding India division. According to a company release, Frank has spent the last seven years leading global transformation initiatives for DPDHL Group and DHL Global Forwarding, making major contributions to its pivotal growth strategy that saw the business revive its performance and regain market share since 2016. Frank most recently served as Senior Vice President for Global Business Strategy, and led the Certified International Forwarder (CIF)program…

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Amazon getting ready for drone delivery

Five years after Amazon CEO Jeff Bezos had expressed his intent to kickstart drone driven deliveries to the consumers, the company now appears to be close to making it a reality. The company has created a sensation by revealing a new design for its Prime Air delivery drones which could be pushed into the services sometime later this year. Capable of vertical take off and landing, the prime air delivery drones can travel upto 15 miles and can carry consignments weighing less than 5 pounds. The air carrier of the…

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SPOTON unveils logistics hub in Pune

Fast growing express logistics firm SPOTON LOGISTICS has opened a new hub near Pune with the primary intention of offering services to clients in pharma, automobile, electronics and other emerging sectors. The hub is located in  Chakan, near Pune –Nasik highway – and offers 120,000 sq feet space. The new facility is equipped with 23 bays, automated Dock Levelers, Forklifts and other modern material handling equipment, and offers storage capacity in excess of 650 tones and cross-docking facilities for simultaneous loading and unloading operations. “Located near Chakan, right next to Moshi, the new hub…

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IAN POULTER BECOMES DP WORLD’S FIRST GLOBAL AMBASSADOR

(Pix Courtesy: Company’s Website) Global logistics giant DP World has signed up golf legend Ian Poulter as the brand’s first Global Ambassador. The company recently confirmed this in a press release.   DP World’s partnership with the European Tour and ten-year flagship association with the DP World Tour Championship has helped the company to connect in a meaningful way with partners and customers in a variety of locations around the world, the release maintained.   “This is an incredibly exciting time for DP World as we continue to push new…

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Jindal Stainless to tap e-rickshaw market

After making preliminary moves in stainless steel bus bodies, railway coaches and wagons, Jindal Stainless is now eyeing for big-ticket opportunity in the fast growing e-rickshaw segment. According to a recent company release, Jindal Stainless is in talks with manufacturers to facilitate roll out of stainless steel electric rickshaws (E-rickshaws) and targeting a 25% share of the total E-rickshaw market in India over the next two years fetching estimated revenue of Rs 200 crore. “Indian E-vehicle market will be one of the biggest in the world and we are ready…

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Vodafone promises to cover entire family @ Rs 999

Telecom major Vodafone Idea has announced new postpaid plans for Vodafone customers targeting the entire household. The new portfolio under Vodafone Red Together will enable customers to bring the entire family onto postpaid under one plan at just INR 999 per month. The new 999 plan comes with 5 connections thereby bringing down the rental per connection to just Rs 200. Speaking about the new postpaid plans, Avneesh Khosla, Operations Director – Marketing, Vodafone Idea Limited said, “We are constantly looking at ways to deliver value to our consumers through relevant propositions. Customers can now…

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