Mahindra logistics articles
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Mahindra and Mahindra shares get an upgrade as analyst sees SUV 3XO as a game changer
Mahindra and Mahindra shares have the potential to surge 15% , said brokerage firm DAM Capital Advisors and upgraded its rating on the stock to ‘buy.’M&M shares surged almost 2% to ₹2,204 to hit an all-time high during the day on the NSE. The stock was among the top five Nifty 50 gainers and also outperformed the sectoral index Nifty Auto which traded 1.12% higher.In the past year, the stock has given a return of 77% to its investors as against the benchmark Nifty 50 which has risen 25% during...
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Egypt to Construct 7 Logistical Corridors Connecting Seaports
Egypt devised a strategic plan to construct seven massive logistical corridors, connecting industrial, agricultural, and mining areas with seaports across the Mediterranean and the Red Sea. The corridors will also link the production areas through a network of railways or paved main roads passing through dry ports and logistic zones located on these corridors. This comes with the goal of providing services to newly developed urban communities, enabling economic integration and accessibility for...
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Innovaccer’s new funding round; ONDC’s logistics push
Happy Thursday! SaaS startup Innovaccer is in discussions to raise funding at a flat valuation of $3 billion. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Companies help employees amid the heatwave■ Former BharatPe COO launches venture fund■ Ecom Express posts spike in FY23 revenueKaiser Permanente may steer $250 million funding in SaaS unicorn Innovaccer 109767663Software-as-a-service (SaaS) startup Innovaccer is in the middle of raising a $200-250 million...