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Allcargo Logistics closes 30% stake purchase from KWE in Gati subsidiaryAllcargo Logistics has acquired an additional 30% stake in Gati-Kintetsu Express, buying 150,000 shares for Rs 406.71 crore ($54.3m). This ...- Allcargo Logistics Q2 Results: PAT falls 13% to Rs 230 croreAllcargo Logistics said its board has approved plans to acquire a 30 per cent stake in Gati Kintetsu Express Pvt Ltd (GKEPL) from KWE group...
- Gati Ltd looks to become Rs 3,000-cr company in 3 yearsAllcargo is the promoter and the single-largest shareholder of Gati with 47 per cent ownership, followed by KWE with about 3.5 per cent sha...
- Gati launches first transhipment centre in HaryanaGati plans to 7 such facilities across the country in locations including Mumbai, Indore, Bengaluru and Hyderabad, in the next 15 months.
- Gati ramps up network capacity by 20-25 pc; increases workforce by 15 pcMoreover, to cater to the festive demand more efficiently, Gati Air has bolstered its network by partnering with leading airlines providing...
- Gati appoints Pirojshaw Sarkari, former chief of Mahindra Logistics, as CEOAllcargo last month end announced its its wholly owned subsidiary ECU Worldwide, a multi-modal logistics major, acquired the business of Sw...
- Gati-KWE upgrades logistics solution for SMEsGati-KWE aims to enhance revenue share from the SME segment to 50 per cent from 30 per cent at present in the next two years, banking on di...
- Gati-KWE launches air freight product, to spend Rs 100 crore on infra, technology in FY22Gati-KWE, an Allcargo company has launched air freight solutions for pharma, electronics and auto ancillaries. The company has also earmark...
- Gati-KWE plans to invest Rs 100 cr in infra, tech development next fiscalThe company, which is a part of the Allcargo Logistics, also launched an advanced air freight solution for pharma, electronics and auto anc...
- Gati targets 3x growth, to invest Rs 100 crore in FY 21-22Gati-KWE operates ATCs in eight metro cities across India and is expediting efforts to position some of the ATCs near the airports for faci...
- Gati-KWE leases 1.5 lakh sq ft in NCR, to develop Surface Transhipment CentreLocated on Western Peripheral Expressway in Delhi, the tech enabled STC will offer superior transit time, accuracy in cargo delivery and hi...
- Express distribution company Gati bolsters senior leadership“Recent appointments including those of Manish Jain as the National Sales Head – SME; Charles Devlin D’Costa as the National Operations Hea...
- Gati Founder and MD Mahendra Agarwal resigns“Mr Agarwal is considered as a Pioneer of Express Cargo business in India and had set up Gati in 1989. Over the course of 30 years, he mana...
- IKEA selects Gati-KWE as logistics partnerThe overall scope of partnership is a combination of contract logistics, last-mile distribution and reverse logistics.
- Gati to double warehousing capacity, increase reach for same day deliveryWhile the company is looking to double its warehousing and distribution capacities to 8 lakh sft across eight cities, it is also increasing...
- IBM to provide IT solutions to Gati for eCommerce operationsGati has chosen IBM Commerce solution to help online retailers meet the rising consumer demand for efficient delivery of products.
- Logistics firm Gati Q1 profit jumps over two fold to Rs 15 crore"With a range of services offered by Gati's E-connect, our aim is to reach every corner of India to enhance experience of online shopping."
- Kintetsu buys 30% stake in Gati for Rs 267 croreThe JV company Gati-Kintetsu Express Pvt Ltd, a subsidiary of Gati Limited, will be responsible for business expansion of domestic and inte...
- Japan's Kintetsu World Express invests Rs 267.7 crore in joint venture with Gati for 30% holdingJapan's Kintetsu World Express has announced investing Rs 267.7 cr to pick up 30% equity holding in a JV with Gati Ltd.
- Gati shares gain after JV with Kintetsu World ExpressGATI has entered into a joint venture agreement with KWE to form Gati-Kintetsu Express, to provide express distribution and supply chain so...
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