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Thursday, May 9, 2024
TopicAllcargo Logistics Ltd.

Topic: Allcargo Logistics Ltd.

Biggest Indian cargo company wants to build an Uber for shipping

Mumbai based Allcargo, reported a drop in profit in four of the past five quarters and is betting on technology to revive volumes and take on overseas rivals such as DHL Worldwide Express. 

On Camera

CEA Nageswaran says India’s FY24 growth could hit 8%, but World Bank warns this is ‘above potential’

Speaking at an event, World Bank country director Auguste Tano Kouamé said growth above potential would result in high inflation.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.