Consumer durables major Videocon Industries has identified sites in more than 100 cities for setting up logistics centres under a new joint venture with Japanese firms Mitsui and Hitachi.
The joint venture (JV), which is likely to be operational by the third quarter of this year will see Videocon offering its infrastructure for setting up back-up [...]
Future Logistics eyeing 1000 cr turnover
The telecom industry added 8.74 million new users in January taking the total subscriber base to 281.62 million, according to figures released by Trai.
About 8.77 million wireless users were added during the month as against 8.17 million in December. The wireline segment saw a decline of 30,000 users.
The total number of wireless users in the [...]
Leading multimodal transport service provider, Allcargo Global Logistics announced on Friday that the board of directors today approved a fund raising programme up to Rs 3 billion through issue of equity shares and / or equity linked instrument / securities.
The company appointed CitiGroup, Collins, Stewart Inga and the investment banking arm of Kotak Mahindra Capital [...]