Skyways Air Services, a Delhi-based air freight forwarding and logistics company, has received the Securities and Exchange Board of India (SEBI) nod for an Initial Public Offering (IPO). The fresh issue component will consist of 3.29 crore equity shares with a face value of ₹10 each. Concurrently, the offer for sale (OFS) will see existing shareholders, including the promoters, offload 1.33 crore shares.

#skyways #skywaysairservices #ipo #sebi #aircargo #airfreight #logistics

 

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Skyways Air Services receives SEBI’s nod for IPO

Proceeds will repay ₹216.78 crore in borrowings, allocate ₹130 crore for working capital, and fund general corporate purposes.

Delhivery, India’s largest integrated 3rd party logistics service provider, said Ecom Express integration costs are expected to be below the initial guidance of ₹300 crore. The company is now projecting an integration expenditure of ₹100 to ₹110 crore over the next two quarters.

#delhivery #ecomexpress #india #logistics #logisticsserviceprovider

 

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Delhivery trims Ecom Express integration costs below ₹300 cr estimate

The cost was determined by evaluating real estate lock-ins, facilities, and with managing the newly acquired workforce.

Panattoni and Edayar Zinc Ltd. have announced that they will jointly develop an ₹800 crore multi-client industrial and logistics park in Edayar Industrial Area, Kochi.

#panattoni #edayarzinc #kochi #kerala #logisticspark #industrialdevelopment #klic

 

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Panattoni, Edayar Zinc to build ₹800 crore industrial park in Kochi

Construction will begin in February 2026, with Phase 1 operations expected by February 2027.

In the third quarter of 2025, the logistics company DHL Group achieved earnings growth despite ongoing trade conflicts. Revenue declined 2.3 percent to EUR 20.1 billion, “driven by currency effects and lower volumes on routes to the United States.”

#dhl #logistics #dhlgroup #unitedstates #dhlexpress #dhlglobalforwarding #dhlsupplychain #dhlecommerce

 

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DHL boosts profits despite revenue dip in Q3 2025

Group revenue declined in the third quarter to EUR 20.1 billion (Q3 2024: EUR 20.6 billion) due to currency effects. EBIT increased to EUR 1.5 billion (Q3 2024: EUR 1.4 billion).

The Government of Odisha has announced a major plan to expand its total port handling capacity to 500 million tonnes (MT) annually by 2047, positioning the state as a dominant force in the global maritime trade. The announcement was made by Chief Minister Mohan Charan Majhi during a special session at the India Maritime Week in Mumbai.

#odisha #governmentofodisha #globalmaritimetrade #indiamaritimeweek #mumbai #port #shipping #maritime #mumbai #imw #nesco

 

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Odisha targets 500 MT port capacity by 2047, unveils new projects

A series of MoU was also signed for major port infrastructure upgrade in Odisha.