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.
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.
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.
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
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.
Dinesh Raheja salutes Sandhya, the acclaimed dancer who passed into the ages on October 4.
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).
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
Want to know where the parcel you sent has reached? Well, you can track it down in few minutes via an SMS.
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.
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.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
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.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
Better stick to equity diversified funds, says Larisssa Fernand
He was joined by seven star kids who modelled Chanel's latest collection.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
One couldn't help feeling a certain melancholy viewing these now vagrant documents and photographs that would never be rightfully cherished. The pictures spoke to you. They offered slices of extinguished lives. They breathed sadness too, for what could have been and will never be. The sweet promises that Life made and insolently, arrogantly never kept.
A pregnant woman is murdered in cold blood in the heart of suburban Mumbai. By her father who didn't want her to marry the man she did.
Ever since Indrani's bail plea was denied by the judge her security has been stepped up. The message was clear. If she felt that unsafe she could get all the security she needed. But in jail she stayed.
Men and women from mofussil India are buying designerwear either on their laptops or their cellphones.
It might have been the season of Basant Panchami, but for Pasbola it was definitely Halloween as he set about scaring the wits out of Rangwala, his tone growing harsher.
Peter said he needed a broom to sweep his cell because, he joked, there are no vacuum cleaners in jail.
Throughout, Mekhail spoke calmly, with hardly an inflection making even the barest attempt to hijack his tone. His tone was so empty it made his narrative all the more touching. And ugly and grey, as the monsoon sky beyond the window.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances