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Delhivery gets ecommerce bump; Amazon shakes up qcommDelhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5.- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
- JD.com founder vows to protect Chinese jobs from AI and robotsThe company, which is one of the country’s largest employers by headcount, will “do everything possible to safeguard employment for hundred...
- From Rs 6 crore to Rs 350 crore: How a former Navy doctor built a supply chain enterpriseIndia's logistics sector is transforming as brands shift to e-commerce and quick commerce, demanding faster, more responsive supply chains....
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
- Reclusive Turkmenistan shows signs of cautiously opening upTurkmenistan, a nation known for its secrecy, is witnessing a subtle shift. E-commerce and social media are gaining traction, signaling a n...
- FedEx, UPS, DHL executives to face fresh scrutiny in India antitrust caseTop executives from FedEx, UPS, Aramex, and DHL will face cross-examination by a publishers' group alleging price collusion, despite an ear...
- Taking on Porter, Uber launches logistics service Courier XL for delivery of large goodsUber has launched Courier XL in Delhi NCR and Mumbai, enabling delivery of large goods up to 750kg using three- and four-wheelers. Aimed at...
- Banks in a spot post China logjamBanks, which have issued letters of credit (LC) to finance Indian importers, have been told by leading courier companies that trade documen...
- CBIC looks for public feedback to curb GST evasion by etailersThe government has already sought suggestions internally on how to curb duty evasion.
- Etailers like Snapdeal, Flipkart, Homeshop 18, others crack the whip on delivery firms like Bluedart, Gati and othersIndian e-commerce giants, Flipkart and Snapdeal, are cracking the whip on their delivery partners, demanding time-bound and safe dispatch o...
- Tax rate highest for courier firms, beauty parloursEffective tax rate has been gradually rising as a result of the phasing out of profit-linked deductions in previous budget.
- India Post to lose its monopoly; govt. forces courier cos to charge double ratesA planned overhaul of a 113-year-old postal law proposes to end government monopoly completely in the next decade and a half.
- Blue Dart Q4 PAT at Rs 94 croreCourier and logistics firm Blue Dart Express today reported profit after tax at Rs 94 crore for the fourth quarter ended December 31.
- Courier firms yet not ready to cut chargesCourier companies like Blue Dart, DTDC, AFL Wiz and TCI XPS have decided not to reduce their charges despite a fall in aviation turbine fue...
- Courier companies plan rate hike by 3%Big players such as Blue Dart, DTDC, AFL WIZ have revised their charges by 15-20% due to a rise in fuel prices and there are indications th...
- Courier industry fights hard to maintain marginThe courier industry is in the dock as domestic carriers have effected a sudden increase of Rs five a kilo for air sectors across the board.
- Cards on way to users stolen by courier staffThe South district police have busted a gang of credit card thieves, including two courier company employees, who allegedly stole credit ca...
- Small courier parcels to pinch moreThough it will hit courier cos, it is better than the move to cut them out of the sub-500g parcels market.
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