Stock market update: Nifty Pharma index falls 0.32% in a weak market
NEW DELHI: The Nifty Pharma index traded negative around 11:06AM(IST)on Wednesday in a weak market. Natco Pharma(up 1.27 per cent), Laurus(up 0.63 per cent), Divis Laboratories(up 0.6 per cent), Alkem Laboratories(up 0.42 per cent) and Glaxosmithkline Pharmaceuticals(up 0.35 per cent) were among the top gainers. Glenmark Pharmaceuticals(down 1.97 per cent), Sun Pharmaceutical Industries(down 0.84 per […]
Echo Global Logistics Named a 2023 Best Place to Work by Built In
Echo Global Logistics, Inc. (“Echo”), a leading provider of technology-enabled transportation and supply chain management services, has been named a 2023 Best Place to Work by Built In, an online community for technology companies. Now in its fifth year, this award honors companies who strongly value their employees, weighing criteria such as flexible work opportunities, […]
IBS Software acquires Accenture Freight & Logistics team for unknown sum
IBS Software, a leading SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire the team of Accenture Freight and Logistics Software (AFLS). AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations and grow through digital transformation and innovation. The acquisition will […]
DCSA members commit to standardised eBL by 2030
Digital Container Shipping Association (DCSA) has announced that nine ocean carrier members have committed to 100 percent adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. "Switching away from the transfer of physical paper bills of lading could save $6.5 billion in direct costs for stakeholders, enable $30-40 billion in […]
ECU Worldwide appoints Jitesh Shetty as global head of ECU 360
In this role, he will report to Vaishnav Shetty, chief digital officer of the Allcargo Group. 10 Feb 2023 ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary, announced that it has appointed Jitesh Shetty as global head of ECU 360 effective immediately. “Jitesh will spearhead major strategy and technical shifts for the company’s digitalplatform, and to […]
Infra rush. EAC recommends CRZ clearance for the Chennai port to Maduravoyal elevated road project
The ₹5,721 crore project will help in speedy movement of cargo from and to the Chennai port. The Expert Appraisal Committee (EAC) of the Union Ministry of Environment and Forests has recommended the proposal for the development of the new four-lane elevated road from Chennai Port to Maduravoyal (NH-4) for Coastal Regulation Zone (CRZ) Clearance. […]
