A wave of recent announcements underscores how speed is becoming central to logistics strategy. On Tuesday, Allcargo Logistics said it is working on expanding its express network to include tier-2 and tier-3 towns, noting that it already handles over 10 million packages every month across its nationwide e-commerce and quick commerce operations. Unicommerce’s logistics arm…
JioHotstar has launched an in-stream feature that allows viewers to explore and purchase what’s called on-screen looks in real time without interrupting playback or leaving the app. Effectively, those shoppable Reels and product tags on Instagram and YouTube are now making their way to long-form OTT. This may become a new revenue stream that goes…
NEW DELHI: Union minister for new and renewable energy Pralhad Joshi and David Lammy, the deputy prime minister of UK, launched a taskforce for the development of offshore wind energy in India on Wednesday. The task force will have representatives from India and the UK, and a representative from Denmark, which has been at the…
The shift follows proposed tweaks to concession agreements, improved traffic trends and yield compression in operational toll assets. Mint explains the changing landscape of investment patterns in greenfield infrastructure projects. What are greenfield BOT projects? Why were they avoided by investors, especially fund houses with a strong capital base? BOT projects are those that private…
Sales of premium and luxury perfumes are rising steadily, with men emerging as the biggest growth drivers in the category, according to industry executives and data shared with Mint. Men make up 60% of India’s $189.1 million fragrance market, according to research firm Euromonitor. Men’s fragrances grew 14.6% in 2024, outpacing the overall market growth…
Bank holiday for Chhatrapati Shivaji Maharaj Jayanti: Banks in Maharashtra will be closed on Thursday, 19 February, on the occasion of Chhatrapati Shivaji Maharaj Jayanti. Therefore, it will be a bank holiday for all public and private lenders including SBI, HDFC Bank, ICICI Bank, PNB and Axis Bank among others. Bank holidays are decided by…
New Delhi: The department of telecommunications (DoT) has stepped in to solve the network crisis at Navi Mumbai International Airport (NMIA), asking operator Adani Group to allow telecom companies to deploy network at the airport in accordance with rules. In a letter to Adani Airport Holdings Ltd, dated 16 February, the DoT said NMIA qualifies…
Bank Holiday Today, 18 February: All public and private sector banks will be open today on 18 February except Sikkim, where there is a bank holiday today for Losar. Since there is a bank holiday today in Sikkim due to Losar, lenders including SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and others will remain…
“We have around 2,000–3,000 RMs, and this base has been growing steadily. Demand for RMs remains strong as the number of high-net-worth individuals (HNIs) continues to rise. RMs remain integral to our business, as relationship-building with clients is a nuanced skill that cannot be replaced by AI (artificial intelligence),” said Rajkamal Vempati, group executive and…
As global momentum builds to restrict minors’ access to potentially habit-forming digital platforms, Information Technology Minister Ashwini Vaishnaw said on Tuesday that the government is negotiating age-based restrictions with social media firms. The government is concurrently addressing the challenge of deepfakes with these digital entities, Vaishnaw said during a media briefing at the India AI…