NATIONAL
India claims improving infrastructure can generate numerous jobs. Economists aren’t sure
Cyber security company Angoka, which is based in Belfast has successfully acquired Cambridge-based R4DARTech Ltd in one of its strategic actions combining the lead positions of both companies in the departments of aviation as well as ground transport. With its...
$40 Million Extended By India For Sports Infrastructure in Maldives, said EAM Jaishankar
As part of New Delhi's efforts to include Prime Minister Narendra Modi's signature projects like "Fit India" and "Khelo India" in the Neighborhood First Policy, External Affairs Minister S. Jaishankar announced on Thursday that India has extended a favourable $40...
Tamil Nadu Govt Unveils Its Logistics Policy 2023
The government of Tamil Nadu recently released its logistics policy in 2023, which included objectives like allowing a strong logistics infrastructure growth. The desired results include a decrease in logistics costs and increased private participation, which are...
New Regulations Allow Indian Tyre Industry To Engage With Global Supply Chain
The Indian tyre industry rapidly integrating with the world supply chains allowed by the globally-aligned regulatory environment in the country. This has enhanced the market that may be served by tyres made in India. According to ATMA (Automotive Tyre Manufacturers'...
Indigo & GoFirst Planes Have Been Grounded Due To Supply Chain Disruption Of Jet Engines
Due to supply chain disruption, GoFirst and Indigo airlines were forced to ground almost fifty aircraft in the nation. The P&W (Pratt & Whitney) engine industry has an impact on the supply chain. In order to replace engines for Indian clients, the American...
Air India To Buy 250 Airbus For National Carrier’s Massive Transformation
One of the trusted national carriers in India, Air India has ordered 250 Airbus planes for the airlines with an objective to transform the former national carrier, as the carrier company said after years of being a substantial burden on the public money. With a great...
Indian Infrastructure requires the right push for betterment
Given the importance of infrastructure and cities to the economy, Budget 2023 gives them a boost. Additionally, in a progressive move that is commendable in a federal organisation, union budgets have given local issues more weight. The capital spending in...
Karnatak University will provide graduate-level logistics courses with financial aid and skill development
In order to provide degree and post-graduate courses, as well as a stipend along with skill training, the Logistic Skill Council and the Karnatak University, sited in Dharwad, have signed a Memorandum of Understanding (MoU). On Saturday, a formal MoU signing ceremony...
INTERNATIONAL
US-Based Zebra Technologies Will Expand Its Software Operations In India
Zebra Technologies, a workflow automation firm located in the US, will expand its research and development facility in Bangalore, Karnataka, making it the company's largest in the APAC area. Zebra Technologies will also bring its software capabilities to India. Six...
Supply Chain Firm Spinnaker SCA Owns Accelogix
Spinnaker SCA, a leading supply chain strategy and consulting organisation, recently disclosed that it had acquired Accelogix. Acquiring the seasoned supply chain consultancy was a smart move since it gave the company the chance to strengthen its expertise in supply...
SA Launches New Airline To Compete With Gulf Rivals
Saudi Arabia announced the launch of a new national airline on Sunday, as part of a strategy to transform Riyadh into a major international aviation hub competing with regional leaders like Doha and Dubai. According to officials, Riyadh Air "plans to start service to...
Expanding sea-air markets may help Africa’s connectivity
The news that DP World and the government of Somaliland established the Berbera Economic Zone (BEZ) has drawn attention from around the world. Kuehne and Nagel are also strengthening its West Africa cluster, and in the air freight sector, Chapman Freeborn announced...
Longest Metro Circle Line, The Big Circle Line 11 launched by Moscow Metro
Vladimir Putin, the Russian Federation President has launched the Big Circle Line (Line 11) along with Moscow Mayor Sergey Sobyanin. A part of the Moscow Metro, the Big Circle Line is one of the foremost modern metro construction projects around the world on March 1,...
Angoka acquires R4DARTech for transport security specialisation
Cyber security company Angoka, which is based in Belfast has successfully acquired Cambridge-based R4DARTech Ltd in one of its strategic actions combining the lead positions of both companies in the departments of aviation as well as ground transport. With its...
UAE’s EDGE Introduce ‘Airtruck’ Logistics Drone At IDEX Weapons Show
At the IDEX international weapons exhibition in UAE, local conglomerate EDGE presented 11 new unmanned and autonomous devices for intelligence and striking missions. On the first day of the IDEX 2023 (International Defense Exhibition and Conference), the Emirati...
Coastal flood defence projects offer lessons for future infrastructure projects’ improvement
After Hurricane Sandy exposed New York City to catastrophic coastal flooding, more than ten years have passed. In order to stop future billion-dollar tragedies, the NY-NJ region has been presented with a number of cost-effective flood megaprojects, such as levees and...
Maersk Will Construct A Flagship Logistics Centre In Shanghai
One of the Leading Shipping and Logistics companies A.P. Moller – Maersk held a ceremony on Tuesday for its $15 million integrated logistics warehouse project in Shanghai, China, as the company puts more emphasis on the Chinese market. The flagship logistics centre is...
Boeing Corporation Plans To Set Up A Logistics Centre In India
An American multinational company Boeing plans to invest Rs 200 crore in India to set up a logistics centre for the stock of aeroplane parts. This step will boost its footprints in India amid a larger plane order. Also announced that they launch its GSC (Global...
INTERVIEW
The Goal Of The Digital Supply Chain Is Ambitious
In this interview, Sunil Talvadkar, Managing Director, Logistics Solutions Group (LSG), discusses the company’s growth plans, emerging trends in the logistics and supply chain industry and impact of GST. Q- What are your views on the current scenario of the Indian...
Woman Of Logistic Substance
From heading the marketing team at Continental AG to playing a doting mother to her son, Mallika Rawal dons several roles throughout the day and essays all of them to perfection. She has carved a niche for herself in a field where most people find it hard to strive....
Initiatives Like Sagar Mala Project, Corporatization Of Ports Will Give India A Positive Boost
Ravindra Gandhi, Regional Director, Peel Ports Group & Director, Hans Maritime Services Pvt, Ltd. Q- What are your views on the current scenario of ports in India? A- Indian ports are a gateway to the country’s international trade by sea,handling a significant...
INFORMATION TECHNOLOGY (IT)
Mintoak raises $20 million in funding round led by PayPal Ventures
Using internal grading systems and tools including improved visibility, Circle Logistics (Circle), a top asset-based full-service logistics provider, today revealed it is assisting its team in matching freight with the most suitable carriers to reduce claims. The...
Microsoft continues to beat Amazon in cloud infrastructure market, despite growth slowdown
As businesses sought to reduce spending in an unsteady economy, it was a challenging quarter for the cloud infrastructure sector. The growth of the market slowed to 21%, a sharp decline from the 36% increase which was experienced the previous year when taking into...
Airtel Vice Chairman Meet UP CM To Discuss The Company’s Investment Plan, Digital India Mission
Bharti Enterprises (Airtel) vice-chairman Rakesh Bharti Mittal recently met UP (Uttar Pradesh) CM Yogi Adityanath at the Chief Minister’s residence, Lucknow, and discussed the implementation of the Digital India Mission, ways to improve the communication facilities...
Government likely to introduce UPI-like platforms for education, agriculture, logistics, says Ashwini Vaishnav
After the notable success of the Unified Payments Interface (UPI) platform, the Indian government has decided to take a step forward in this plan and come up with similar model plans that will help to widen the scope of good governance that will be driven by tech....
India-US Chip Partnership Could Robust Global Chip Supply Chain
India is attempting to establish itself as a competitive alternative to China in the semiconductor industry as the chip war between the US and China heats up. The previous week, an agreement between India and the United States was signed on establishing a...
Kyndryl Update IT Infrastructure For American Honda Company
Kyndryl manages infrastructure services for plant production applications. Kendryl through agreement plans to collaborate with Honda company to elevate its security and IT transformation.On July 14, 2022 world’s largest IT infrastructure services provider, the company...
Sprinklr AI Chatbots Selected By Aramex To Transform WorldWide Customer Service
The leading provider of all-inclusive logistics and transportation solutions with a base in Dubai, Aramex, today announced that it will be utilizing Sprinklr Modern Care to increase the effectiveness and scope of its digital customer service. Sprinklr is the cohesive...
Infosys Co-founder Kris Gopalakrishnan Said Indian IT Industry Will Add 2 Lakh Jobs In The Near Term
In stressful times when companies are being forced to do mass layoffs due to the economic slowdown and fears of recession, the Indian IT industry has been debating a different problem that resulted in layoffs at several IT firms. It's a second job. Most of the major...
PM Modi Will Launch DefExpo On His Two-Day Visit To Gujarat Beginning Today
During his two-day visit to Gujarat, which is headed toward elections, Prime Minister Narendra Modi will open the DefExpo 22 there on Wednesday and also introduce development initiatives worth Rs 15,670 croreThe highest ever participation in the exhibition will take...
Kyndryl Update IT Infrastructure For American Honda Company
Kyndryl manages infrastructure services for plant production applications. Kendryl through agreement plans to collaborate with Honda company to elevate its security and IT transformation.On July 14, 2022 world’s largest IT infrastructure services provider, the company...