The Gurugram-based firm is also looking to expand its quick-commerce business to major metropolitan cities in a few months, said Milind Sharma, Delhivery’s newly appointed head of rapid commerce and direct-to-consumer brands. “While there are investments needed to build this business, we are keeping tight control on our costs. Our initial set of dark stores … Read more
Mumbai: A.P. Moller-Maersk has offered to invest up to $5 billion in India to expand its local operations, but about $2 billion of this is contingent upon the shipping and logistics major getting an extension of its 30-year concession for the Pipavav port in Gujarat that expires in September 2028. A similarly large chunk of … Read more
But on a Friday afternoon last month, ITPB, which is dotted with all kinds of commercial buildings, including a mall, a premium hotel, recreational facilities, and the offices of the world’s biggest multinationals, was teeming with people. Some of the older edifices in the 30-year-old park are now getting a facelift. And in one corner, … Read more