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).
Express services provider DHL on Friday announced a tie-up with Malaysia-based air express operator Transmile, which will help it deliver consignments from south India to the US in just two days.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
The Standard Chartered Mumbai Marathon will take place on January 21, 2007.
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.
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.
The government on Thursday approved a slew of foreign direct investment proposals worth Rs 193 crore (Rs 1.93 billion) including one by global courier service major DHL Worldwide to enhance stake in its domestic arm.
The modified stableford scoring format will be employed during the DHL Challenge, to be played at the BPGC in Mumbai from January 28.
India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia.