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ECOM EXPRESS LIMITED
Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 croreDelhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. Howev...
Shadowfax set to go public amid changing logistics landscapeThe third-party logistics (3PL) player is eyeing a valuation of Rs 7,169 crore, down from its earlier target of Rs 8,500-9,000 crore. The i...
Ecommerce’s in-house delivery turn flips third-party logistics biz scriptIndia's top ecommerce firms like Amazon, Flipkart, and Meesho are internalising logistics, squeezing third-party logistics (3PL) providers ...
Delhivery CEO Sahil Barua resigns from Swiggy boardIn an exchange filing, the cofounder of the logistics services firm cited increased professional commitments for the action. Earlier this m...
TCS defers wage hikes; Google layoffsTCS is deferring annual salary hikes amid global business headwinds. This and more in today’s ETtech Top 5.
Delhivery shares in focus as company set to acquire Ecom Express in Rs 1,407 crore dealDelhivery Ecom Express acquisition: Delhivery is set to acquire rival Ecom Express in an all-cash deal worth Rs 1,407 crore, signaling majo...
India Inc wants employees to have a blast this Diwali"This Diwali, we are celebrating with our delivery partners by recognising their dedication, including awarding bikes to top performers," s...
Ecom Express Limited appoints Pankaj Singh as chief commercial officerHe will spearhead the company’s end-to-end procurement, covering sourcing, spend management and strategic management of cost levers of the ...
Transunion Cibil appoints V Ananthraman as non-executive chairmanV Anantharaman was a post-graduate diploma in business management from XLRI and a bachelor of engineering from Jadavpur University. Anantha...
Why Ecom Express is trailing its rivals in the logistics industry’s game of thronesDespite losing ground, the company insists on focusing solely on third-party ecommerce logistics. Much of its business is concentrated with...
ETtech Deals Digest: Big-ticket funding for Indian startups far from sightWith large PE and VC funds still placing their bets cautiously amid the volatile macroeconomic environment, the dry spell might continue fo...
Logistics, ecommerce firms hire big in small towns as orders riseFlipkart is also strengthening its pan India kirana (or neighborhood grocery stores) delivery programme.
Amazon India's growth has come at a high cost while profitability remains elusiveIndia is often the dream prized market of many global internet companies, yet also one of the most challenging to unlock -- just ask the Ch...
Ecom Express launches one of the largest outsourced grocery fulfilment centers in KarnatakaSituated in Hoskote, Bengaluru on an area of 2 lac square feet, the new fulfilment center is the second grocery facility set up by the Comp...
Ecom Express plans to convert 50% of its vehicle fleet to electric by 2025The adoption of electric vehicles, the company said, is a part of its larger sustainability goal to reduce carbon footprint and continue to...
Adani Green Energy rises 2% on CCI nod to Total SE arm's acquisitionThe proposed combination is in line with the respective business objectives of Baring Private Equity Asia and the co-investors, a notice fi...
Ecom Express Private Limited appoints Venkatesh Tarakkad as CFOAs CFO, Tarakkad will be responsible for finance, accounts, legal, secretarial, commercial and administration functions, the company said.
CCI approves Adani's 23.5% stake-buy in Mumbai International AirportAs per the combination notice filed with CCI, the transaction involves acquisition of shares through two separate share purchase agreements...
Why 2016 promises to be litmus test for e-commerce-focused logistics companies like GoJavas & DelhiveryGoJavas, Ecom Express and Delhivery are rushing out a slew of services, expanding their reach and building up tech platforms.
Ex-Blue Dart execs launch e-commerce logistics firm Ecom ExpressEcom Express is starting operations in North India as it constitutes about 60% of the market and will expand to some southern cities starti...