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COURIER INDUSTRY
Man found dead at actress-model's Bengaluru flat. Who is Krishi Thapanda?A man was found dead in actress Krishi Thapanda's Bengaluru apartment. Police are investigating the incident, which preliminary findings su...- Texas Rice University students raise $1.85 million to build drone network for life-saving medical deliveries. Here's how it worksSeven Rice University engineering students have launched Haast Autonomous, a startup poised to revolutionize medical logistics. Securing $1...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
- 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...
- Cyber theft hits China’s money spinner courier industryCybercrime is a rapidly growing threat around the world, with China being particularly susceptible. In February, 4.5 billion pieces of pers...
- Infibeam planning a rejig in logistics business; earmarks capex of Rs 37.5 crore for projectInfibeam would now implement the project full-fledge across the country by building logistics infrastructure to tap local and small-time co...
- Industry wants govt to hive-off postal services wing from DoPThe courier and express industry has demanded postal services wing of the Department of Post be hived off under the proposed reforms to cre...
- 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.
- 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.
- PMO stamps out DoP move to regulate courier chargesThe PMO has raised objections to DoP's proposal to regulate and set tariffs for courier services by which such firms would need to charge a...
- ACI applies for 100% arm, test case for FDI in courierEven as the Department of Posts (DoP) has circulated a cabinet note to cap foreign direct investment (FDI) in the courier sector at 49%, an...
- Raja may dust off postal bill in bid to revive India PostsThe ministry of communications under telecom minister A Raja has now revived work on amendments to the controversial postal bill.
- Postal Bill not to deliver FDI cut to couriersThe controversial plan to restrict FDI in courier services has been quietly put on the backburner.
- FICA opposes amendments in Indian Post Office ActFederation of Indian Courier Association on Monday opposed the proposed amendments of the Indian Post Office Act saying it will render over...
- Assocham against reducing FDI ceiling in courier cosIndustry body Assocham has opposed the government's move to restrict foreign shareholding in courier companies to 49 per cent from the curr...
- 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.
- Bill of worriesAs amendments to the Postal Bill are likely to be presented in Parliament soon, private operators are worried about the loss of business an...
- Postal bill likely to turn courier firms poorer by Rs 670 crThe Indian express and courier industry could suffer a revenue loss of Rs 670 crore a year, or 30-35% reduction in business if proposed cha...
- US aligns with courier cos against India PostWhat does Uncle Sam have in common with Kamal Nath’s commerce & industry ministry?
- Govt may cut courier FDI to 49%In an unprecedented move, the government is actively considering lowering the FDI limit in the courier and express industry sector to 49% f...
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