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ASIA PACIFIC LOGISTICS MARKET
Lenskart Rs 1,857-crore block deal: Goldman Sachs, Morgan Stanley, ICICI Prudential, SBI MF among buyers as Alpha Wave exitsLenskart Solutions experienced institutional transactions totaling Rs 1,857 crore on August 28. Numerous domestic and global investors purc...- Recent Indian executive moves at OpenAI, Anthropic, Meta & other tech majorsIndian executives have recently taken on key leadership roles at some of the world’s biggest AI and technology companies, highlighting the ...
- Meta's Sandhya Devanathan exits after decade-long stint, to join OpenAIDevanathan joined Meta in 2016 when the company's Singapore office had roughly 300 employees. Over her tenure, she worked across the ecomme...
- Indian logistics hubs outperform Asia Pacific markets on rental growthIndia's key logistics markets show strong rental growth, outperforming the Asia-Pacific region. Sustained manufacturing and domestic consum...
- Oil & gas stocks after 6 months of West Asia crisis: Who beat markets, who lagged & what’s next?The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and...
- Global Market Today: Nasdaq futures, Asian stocks rise on Nvidia outlookContracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales...
- AI adoption surges in Asia as companies set up new hubs in Singapore, IndiaAI and generative AI investment in Asia is projected to reach $175 billion by 2028. Many employees across Asia-Pacific already use AI at wo...
- India’s flights may stay expensive even as fuel gets cheaper: S&PAsia-Pacific airlines may maintain higher airfares as passenger demand remains strong. This strategy allows carriers to recover elevated op...
- India’s data centre capacity hits new high as AI powers a 4x boomIndia leads Asia-Pacific data centre growth, with capacity quadrupling and substantial future projects underway. Significant investments fr...
- Retailers keep price hikes in check amid rising input costs: NuvamaIndian retailers are limiting price hikes despite volatile cotton, yarn and fabric costs and geopolitical supply-chain risks. Companies are...
- AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
- Asian buyers snap up US crude, adding stress to tight marketAsian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...
- Elan group ropes in Marriott International to manage upcoming hotel, branded homes in GurugramIn an exciting development, Elan Group has teamed up with Marriott International to enhance Gurugram's skyline with the upcoming JW Marriot...
- Elan Group signs agreement with Marriott to bring JW Marriott hotel, residences to GurugramElan Group and Marriott International will introduce a JW Marriott Hotel and Residences. Construction and development will be handled by El...
- Sonova unveils new AI-powered hearing-aid platform to support growth targetsThe Swiss company was the first one to roll out a hearing aid that used real-time AI to separate speech from background noise in 2024.
- TVS Supply Chain, Japan's Sankyu join hands to expand supply chain, engineering services; shares jump 8%TVS Supply Chain Solutions has signed a strategic MoU with Japan’s Sankyu Inc. to jointly pursue opportunities across supply chain and engi...
- Colgate India names Manish Anandani as managing directorManish Anandani will become Colgate-Palmolive India's new managing director and chief executive officer. He takes over from Prabha Narasimh...
- Gujarat pitches AI, GIFT City plans at Chief Minister's US visit, seeks concessional World Bank fundingGujarat's Chief Minister Bhupendra Patel visited the US to promote the state. He presented Gujarat's vision for becoming a global hub for A...
- In implicit message to Beijing, India and Japan oppose unilateral actions impeding freedom of navigationIndia and Japan on Thursday signed a maritime security pact and agreed to deepen defence cooperation to support a free and open Indo-Pacifi...
- Aegis Logistics in talks to acquire UAE’s Tristar for $1.5 billionAegis Logistics is in advanced discussions to acquire Tristar for $1.5 billion. This consolidation could be one of the industry's largest e...
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