Blue Dart, the express cargo carrier, is planning to expand its fleet. It intends to add two new aircraft at an estimated cost of Rs 60 crore (Rs 600 million), company chairman Tushar Jani said.
Air express and packaging company, Blue Dart on Tuesday said it would invest Rs 25 crore (Rs 250 million) in the current year to launch an aviation hub and strengthen its air infrastructure in the country.
Brokerages lowered their earnings estimates following muted results in Q1FY24. While analysts remain optimistic about the stock's medium-term prospects, they highlight near-term concerns stemming from lower realisations due to changes in the product mix and margin pressures resulting from new plane additions.
Courier and package distribution company Blue Dart will offer a 50 per cent discount on delivery charges to students applying to different universities across India.
Courier and air express package distribution company Blue Dart has set up a back-up technology hub in Bangalore as part of its Business Contingency and Continuity Plan.\n\n
Skye Air Mobility has raised USD 9 million in a Series B funding round to expand its hyperlocal drone delivery services across key metropolitan markets in India.
Discovering the stunning land of breathtaking temples.
Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.
What looked like a delivery update quickly turned into a WhatsApp hijack, Rishika Shah discovered to her horror.
'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'
The India U-17 men's national team began their SAFF U17 Championship title defence in an emphatic fashion, cruising to a 6-0 victory over Maldives in their opening Group B match in Colombo on Tuesday.
Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.
Nowhere are the stories of the coming election better told than on the roads of Bihar.
Dinesh Raheja salutes Sandhya, the acclaimed dancer who passed into the ages on October 4.
Blue Dart Express Limited's Student Special offers a 50 percent discount on all admission-related documents sent to universities, colleges and educational institutions in India.
India beat Iraq 5-0, a step away from Women's Asian Cup qualification
Seventy years after Pather Panchali released on August 26, 1955, we finally get it. Shuttling between the village of Boral and a studio in Calcutta, caught between worrying about the next purse of funds and wondering which item to mortgage next, Satyajit Ray was explaining Indians to themselves, discovers Sreehari Nair.
The government has cut Speed Post rates by 40% for up to 50 gms from Monday, reports NewsWire18.
Don't count too much on the anchor investor quota, as it will provide stability to the stock for only a short period
Aims for share-sale before US holiday season, 'fiscal cliff' kick in
The Indian promoters of air cargo and courier entity Blue Dart Express and Newfields Holdings have sold 68.21 per cent stake in the company to DHL Express (Singapore) Pte Ltd for over Rs 570 crore (Rs 5.7 billion).
The new date of CLAT-2009 Test shall be announced shortly after details are worked out by the Core Committee of Eleven Vice-Chancellors of National Law Universities.
Thanks to the leapfrogging Indian economy, the country will need 125 freighter aircraft in next 20 years. At present, India has only seven bigger freighters, owned by Blue Dart Express.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
For the first time in 13 years, since Jet Airways' A330 planes exited the airline's fleet in around 2010, an Indian wide-body aircraft will have a Rolls-Royce-powered engine, with Air India ordering 40 Airbus A350 planes. On Tuesday, Air India announced its mega aircraft order for 470 aircraft, including A350 planes. The A350 aircraft, which will come in two variants, are powered solely by Rolls-Royce Trent XWB engines and the local team has begun work to assist Air India with its aircraft-induction plans.
With the advent of the courier service, sending and receiving gifts, drafts, documents etc has become more or less hassle-free. Take the Rediff Business Quiz and find out how much you know about India's courier service.
Want to know where the parcel you sent has reached? Well, you can track it down in few minutes via an SMS.
IMAGES from Day 6 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Saturday.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.
Rohit & Co. eye better batting show against USA
The complaint was lodged by Mumbai-based Express Industry Council of India, which represented major express courier and cargo companies such as DTDC, Aramex India, Blue Dart, DHL Express, GATI and First Flight.
Foreign portfolio investors (FPIs) who invest from Mauritius into Indian companies that dole out bonus debentures will get impacted by the tax avoidance provisions on bonus stripping. The FY23 Budget has extended these provisions - applicable only to MFs, so far - to shares and units of REITs, InvITs and AIFs. The move will especially affect large institutional investors who sell original units within nine months after the record date because the loss arising from sale of original units would have to be ignored for the purposes of computing taxable income and cannot be set off against any other capital gain.
Vietnam took the lead against the run of play in the dying minutes of the first half, when they cleared a corner by Danny, and Long Vu darted off past the half-line to initiate a counter-attack. He swiftly ran into the Indian box and slotted it into the net.
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