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SNOWMAN FACILITY
Snowman Logistics expands its capacity in Northeast IndiaThe warehouse will primarily focus on providing storage, handling and transportation services for ice cream, poultry, ready-to-eat food, da...
Snowman Logistics takes 50,000 sq. ft warehousing space at Hosur industrial parkSLL has one of the widest temperature-controlled warehouse networks in India spread across 41 facilities in 19 cities. Its network of 130,2...
Snowman Logistics Q3 Results: PAT falls 42% to Rs 83 lakhEBITDA (Earnings before income, taxes, depreciation and amortization) grew 11 per cent to 19.40 crore during the quarter from Rs 17.45 cror...
Snowman Logistics begins operations of its warehouse in SiliguriThe company will have a total of 1,20,000 pallet positions of shared warehouses and 1,10,000 sq. ft. of e-commerce fulfilment centres by Oc...
SpiceJet ties up with Ahmedabad Airport for Covid vaccine transportationSpiceJet’s cargo arm, SpiceXpress, will provide transportation of Covid-19 vaccine in India and international markets with proper temperatu...
Stocks in the news: Mrs Bectors Food, Vedanta, HDFC, Bharat Forge, CG Power, Firstsource SolutionThese stocks may buzz the most during the day.
DHL Global Forwarding transports Russia’s Sputnik V vaccine into India for clinical trialsIn a recent white paper, its parent Deutsche Post DHL said there would be a global requirement of 200,000 pallet shipments and 15 million d...
Logistics companies gear up to transport vaccines across IndiaA couple of them are also in talks with pharma companies such as Serum Institute of India to develop a logistics and transportation plan, s...
Cold chain warehousing to attract institutional players“There is very high interest for both greenfield and brownfield warehouses from existing players and new ones," said Saurabh Bakliwal, mana...
Stocks in the news: Prince Pipes, Reliance Capital, DHFL, Snowman Logistics and Bharti AirtelIRDAI has cancelled the pledge enforcement of shares of Reliance General Insurance.
Snowman Logistics expands capacity, adds new warehouseWith the addition of the new facility, the total capacity of Snowman Logistics has now increased to 1,07,200 pallets, as part of its ongoin...
Snowman Logistics lists at 68% premium to issue priceThe stock was at day’s high at Rs 79.80, up 69.79 per cent, on the NSE. Over 74 lakh shares were traded in the counter in early trade.
IPO funding at record low rates of 7 per cent; but stocks must list at over 50 per cent for decent returnsRates have been coming down since 2011 when Sebi introduced a facility called Asba which allowed HNIs to bid for as many shares as possible.
Helped by rail business, Gateway Distriparks posts 23% jump in Q1 netTotal income increased by 9.30 per cent to Rs 278.18 crore from Rs 245.34 crore in Q1 FY14, Gateway Distriparks said in a release here.
Gateway Distriparks subsidiary Snowman Logistics to get Rs 60 crore from NVPGateway Distriparks said its logistics subsidiary SLLwill be getting a Rs 60 cr infusion from private equity fund Norwest Venture Partners
- IFC invests $6.5 million in Bangalore-based Snowman Logistics
IFC, a member of the World Bank Group, is providing USD 6.5 million to cold chain logistics solutions provider Snowman Logistics
- IFC provides Rs 33 crore loan to Snowman Logistics
IFC, has extended a $6.5 million loan to food supply chain company Snowman Logistics, the institution said in a statement.
- Hitachi arm buys Flyjac Logistics
Hitachi Transport System, an offshoot of Japan’s Hitachi, has acquired Flyjac Logistics for nearly Rs 246 crore, giving it a firm footing i...
- Snowman in talks with global logistics players
Bangalore-based cold chain company, Snowman Frozen Foods-a joint venture betwen Gateway Distriparks, Mitsubishi Corporation, Nichirei Logis...
- Cold play's set for a crackle
Booming food retail’s turning the cold chain hot. With the market pegged at Rs 8k-10k cr, logistics companies believe going cold is the way...