FedEx 20th consecutive appearance in FORTUNE’s prestigious list

FedEx Corp. (NYSE: FDX) has once again made it to the coveted most admired companies in the world survey published by the FORTUNE magazine. The annual “World’s Most Admired Companies” report released last week lists FedEx as the No. ­­­14 ranked company overall, tied with American Express and Netflix.  The survey measures nine attributes related to the company’s financial performance and corporate reputation. “It is a privilege for FedEx to have been recognized as one of Fortune’s Most Admired Companies for each of the last 20 years,” said Rajesh Subramaniam,…

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Fuel@Doorstep supply commences in NCR

Samridhi Highway Solutions, a Delhi based start-up, has launched a mobile APP based diesel  delivery system at doorstep  ‘Fuel Humsafar’ for Housing societies, hotels, hospitals, malls and other bulk buyers in the National Capital Region (NCR). ‘Fuel Humsafar’ ensures hassle-free supply of fuel to end-users by avoiding unnecessary fuel spillage, unsafe handling of fuel in containers/barrels and pilferage too. Once the customer places his order, the requirement is forwarded to the bowser nearest to the customer location with customer details for swift delivery. “The main idea of introducing this service is…

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Skylo receives funding support from SoftBank

Skylo, maker of the world’s most affordable and ubiquitous network that connects any machine or sensor, has announced raising $103 million in series B funding. The round was led by the SoftBank Group. Skylo will bring instant, affordable and ubiquitous Internet of Things connectivity to millions of machines, sensors and devices, also offers defining solutions for the logistics industry by way of mobilizing date for shipping and logistics. By equipping with Skylo’s geographically ubiquitous connectivity, customers have a way to access real-time delivery updates, ensure the integrity of temperature-sensitive deliveries…

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SLCM unveils dedicated 24*7 warehousing call centre

Sohan Lal Commodity Management (SLCM), India’s leading Agri services solutions provider with operations across India & Myanmar had set up its first dedicated 24*7 call centre in the early 2010 to cater to its Agri-warehousing operations in India and Myanmar. The call centre has now been digitally transformed into a paperless entity integrating Artificial Intelligence, to make it more efficient and seamless. The call Centre is a part of SLCM’s endeavor to provide real time technologies for managing the Agri space, in line with its multiple awards winning Agri Reach…

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Amazon to induct 10k electric vehicles

E-commerce major Amazon India has announced its intentions of inducting 10,000 electric vehicles in its fleet by 2025. A recent statement from the company specified that the company has already conducted pilot runs in several cities and is likely to kickstart electric vehicles fleet operation in as many as 20 cities in the next one year. “ We are committed to building a supply chain that will minimise the environmental impact of our operations,” Akhil Saxena, vice president, Customer Fulfillment-APAC & Emerging Markets, Amazon has been quoted as saying in a…

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New training session commences at JNPT center

Sanjay Sethi, Chairman, JNPT inaugurated the ‘New Training Sessions’ for the students of the JNPT Multi Skill Development Center, created under the Pradhan Mantri Kaushal Kendra program. The launch of the new batch of Consignment Tracking Executive 3, Consignment Tracking Executive 4 and Inventory Clerk 4 will be an added benefit to the students as the logistic sector is estimated to witness an increase in total workforce from current 21 million to over 31 million by year 2022. JNPT –CIDCO- Allcargo Skill Development Center is approved by National Skill Development Corporation (NSDC) as a PMKK center, a state of art center for skilling under the Pradhan Mantri Kaushal Vikas Yojana. The center will provide…

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Targeting 40 km construction target per day, says Gadkari

Nitin Gadkari, Minister for Rood Transport & Highways  reviewed projects of all National Highway development, on 23 and 24 January 2020 at Manesar near Gurugram, Haryana. All senior officials of the Ministry, NHAI, State Governments, contractors, concessionaires, and consultants attended the review meeting.  Interacting with media after the meeting , the Minister informed  22 Greenfield Corridors  of length 7500 kms is being developed with a total capital cost of Rs. 3.00 lakh crore.  Work has  started on some while awarding all other projects are/ will be completed  expeditiously. These projects are…

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Force Motors Reveals Next Gen Shared Mobility platform

Pune based automotive major Force Motors (India’s largest van-maker) last week revealed country’s first next generation shared mobility platform that has been simultaneously designed and developed for both Internal Combustion Engines and 100% Electric Drive. The project codenamed T1N was triggered about four years ago with the objective to develop a truly world class shared mobility platform that would be way ahead of current offerings and raise the bar in terms of passenger comfort, convenience and safety to International standards. The T1N is the first vehicle in this category in…

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Retail Insights forays in Dubai Market

After successfully serving numerous companies in a variety of Indian industries, Retail Insights, a leading market analysis company, is expanding to Dubai. The company is excited to enter one of the most vibrant markets in the world and is confident. It will add considerable value to businesses in Dubai. Retail Insights leadership believes its expertise will help Dubai based fashion and grocery brands. Leading Dubai based brands, including Chalhoub, Lulu, Choitrams, Gulf Trading, and SharagDG, are expected to benefit from Retail Insights expertise. Retail Insights will help businesses in Dubai…

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Bezos promises to significantly scale up India business

Despite protests by the associations representing domestic small traders and not so enthusiastic response from senior government functionaries, Amazon founder Jeff Bezos concluded his three-day visit to India last week making promises to further scale up global e-conmmerce giant’s operations in India. Bezos has promised a further $1 billion investment in India to help small businesses digitize in India. The company also claimed that its expanded operations will create one million jobs by 2025. This would be in addition to over half a million jobs which the company has created…

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