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Allcargo Logistics has received NCLT approval to demerge its international supply chain business into a new listed entity, Allcargo Global Limited. This restructuring will create four distinct listed strategic business undertakings, enhancing focus and efficiency for both international and domestic operations. Shareholders will receive shares in the new entity on a 1:1 basis. Logistics operator Allcargo Logistics on Monday said it has received the NCLT approval for its restructuring plan to dem ...Read More >
Bengaluru: Of late, one corner of Chakan, an automobile and manufacturing hub, has been seeing a burst of construction activity. On crossing the factories and manufacturing plants of some of the world's largest automakers, including Mercedes, Volkswagen and Mahindra & Mahindra, the New MIDC Road leads to a 100-acre site. There, on the outskirts of Pune, Chakan V, a sprawling mega logistics park covering 2.6 million sq. ft, is coming up. While the size of the industrial facility is impressive in ...Read More >
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