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Union Budget 2021: Digitisation key to solving stumbling blocks in logistics sector

Union Budget 2021: Digitisation key to solving stumbling blocks in logistics sector There is a pressing need for a complete digital transformation of the industry to handle international shipments efficiently FP Staff January 30, 2021 06:38:42 IST Funds for digitisation of shipping, logistics sector needed. Image courtesy NOAA s National Ocean Service/Wikimedia Commons When the pandemic struck in 2020, one of the few industrial sectors that were able to help the ecosystem was logistics. However, it faced stumbling blocks faced as the sector is not fully digitised. There is a pressing need for a complete digital transformation of the industry to handle international shipments efficiently. Logistics firms shared their concerns and wish list from Budget 2021 with

To expedite projects, sr rail officials to be asked to mentor them | India News

Budget 2021 Expectations LIVE: Check latest news, updates, demands of India Inc here

Budget 2021 Expectations LIVE: Check latest news, updates, demands of India Inc here
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Hitachi India | Sharing in The Dream, Co-Creating Mobility of The Future

Updated Jan 21, 2021 | 13:30 IST | TN Advertorial Hitachi’s partnership with the Government of India on initiatives such as ‘Make in India’ and ‘Digital India’ is fast-tracking a predominantly agrarian India into the IoT era Sharing in The Dream, Co-Creating Mobility of The Future  Statistics abound that India, the world’s fifth largest economy 1 as per International Monetary Fund October 2019, World Economic Outlook, will likely emerge as the second largest after China by 2030 2. The present day pandemic may have impeded the race to this milestone, but not stopped it. Conjoined with one of the youngest demographics and a burgeoning middle class society, this race puts India’s high-octane growth through several challenges, volatile business environment being one. The intense pressure of urbanization is another. With India planning to scale up and surge ahead on the economic front, greater emphasis should and, is be

Gateway Distriparks surges 15% post Q3 results; analysts see more upside

Shares of Gateway Distriparks surged 15 per cent to Rs 135 on the BSE on Wednesday, amid heavy volumes, after the company’s consolidated net profit nearly doubled to Rs 32.62 crore for the December quarter (Q3FY21), led by strong operating performance. The company, a leading integrated inter-modal logistics facilitator, had posted a profit of Rs 16.39 crore in the year-ago quarter. The stock is trading close to its 52-week high level of Rs 138 scaled on January 29, 2020. The trading volumes on the counter jumped over three-fold and a combined 1.9 million equity shares changed hands on the NSE and BSE till 11:06 am. The company’s Ebitda (earnings before interest, taxes, depreciation, and amortization) margins improved 520 basis points (bps) to 26.9 per cent from 21.7 per cent in Q3FY20. Total revenue, meanwhile, grew 3.9 per cent to Rs 316 crore against Rs 304 crore in the corresponding quarter of previous fiscal.

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