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GATI KINTETSU EXPRESS
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...
Exclusive: Allcargo-owned Gati to buy out Japanese partner in JV this FY, says Gati CEO Pirojshaw Sarkari“Valuations are being discussed. When Allcargo bought Gati, there was an agreement made between Gati and Kintetsu World Express that for tw...
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 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...
Allcargo Logistics buys controlling stake in GatiThe all-cash deal will see the company eventually acquiring about 45% in Gati through a direct purchase of the promoters’ stake and a subse...
Allcargo plans to acquire up to 50% stake in GatiGati’s promoters owned 17.78 per cent in the company as of September end.
Allcargo Logistics looks to pick controlling stake in GatiGoldman Sachs owned 5.93 per cent whereas Bay Capital India held 7.22 per cent
Gati in talks with TVS to sell Kintetsu joint venture stake for Rs 2k croreLogistics company Gati is in the final round of talks with TVS Logistics to sell a controlling stake in its joint venture subsidiary, Gati-...
Error in e-way bill filing proves costly, leads to Rs 1.32 crore penalty for Transport CompanyThe High Court of Madhya Pradesh (Indore bench) on writ petition filed by Gati Kintetsu Express Pvt Ltd has come up with a very important a...
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.
GATI back in black; stock rallies 7% on strong Q1 resultsConsolidated revenue rose 22 per cent to Rs 366.9 crore from Rs 302 crore in the same period last fiscal, a company release said today.
Gati back in black; Reports Rs 4.6 crore net profitLogistics and express distribution company Gati returned to the black in the September quarter, posting a net profit Rs 4.6 crore.
Riba constructions buys 40 per cent stake in Gati ShipGati Ltd, Express Distribution and Supply Chain Solutions provider has sold 40 per cent of its stake Riba Constructions for Rs 8 cr.
- Gati reports 10% q-o-q growth in revenues in December quarter
A timely equity infusion in its express division helped Gati to post a decent result in the time of slowdown in the industry.
- Kintetsu buys 30% stake in Gati for Rs 267 crore
The 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% holding
Japan'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 Express
GATI has entered into a joint venture agreement with KWE to form Gati-Kintetsu Express, to provide express distribution and supply chain so...
- Gati Ltd posts Q4 net profit of Rs 17 crore
Mahendra Agarwal promoted Gati Ltd on Thursday said that the company posted a net profit of Rs 17 crore as against Rs 10 crore for the nine...
- Gati to look for joint venture partners to lower debt
Gati will scout for joint venture partners for its subsidiaries, including cold chain and international business, to lower debt.