This sums up the journey of Ecom Express, once India’s second-largest third-party logistics company after Delhivery. The ₹1,407-crore acquisition comes as the logistics sector grapples with ...

Delhivery and Ecom Express have sought CCI approval for their Rs 1,400 crore deal, aiming to improve logistics efficiency and service offerings. The deal involves Delhivery acquiring a controlling ...

Logistic firm Delhivery Limited and Ecom Express have sought Competition Commission of India’s approval for their ₹1,400-crore deal. Under the deal announced on April 5, Delhivery will acquire ...

Delhivery Ltd has sought CCI approval to acquire a controlling stake in Ecom Express for Rs 1,400 crore in an all-cash deal. Both companies believe the transaction won't significantly impact ...

While Delhivery is a listed integrated logistics player, Ecom Express provides logistics solutions to the Indian e-commerce industry. According to the notice submitted to the regulator, the relevant ...

Earlier this month, Delhivery said it would acquire a 99.4% stake in Ecom Express in what was touted as a “fire sale”. The INR 1,407 Cr price tag was a steep 80% discount from INR 7,300 Cr at ...

Delhivery said that it has received a show cause notice on May 6 under the CGST Act, 2017 and IGST Act, 2017 from DGGI, ...

As the organisation continues its process of identifying a new Managing Director and CEO, all executive powers will now be ...

Funding for Indian startups fell to its lowest with just $745 million in April. This is a sharp decrease from the year’s ...

Logistics major Delhivery Ltd and Ecom Express have approached the competition commission of India (CCI) for approval to acquire a controlling stake in the latter in a deal valued at Rs 1,400 crore.

When DHL Express announced last week the renewal of its partnership with the Mumbai Indians for a fifth consecutive year, it ...