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Mangaluru-based Mukka Proteins, manufactures fish meal, fish oil and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food) has refiled its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). It had earlier filed its draft papers with the regulator in Mar...
Mukka Proteins Limited refiles IPO papers with Sebi
Indian Prime Minister Narendra Modi will meet the CEOs of top American companies including FedEx, MasterCard and Adobe during his trip to the United States for an official state visit, a source with knowledge of the matter said. The CEO reception with more than 1,200 participants, including business leaders from U.S. and Indian companies such as Tech Mahindra and Mastek, will be held on June 23 at Washington's John F. Kennedy Center for the Performing Arts, the source added. It will...
India`s Narendra Modi to address FedEx, Mastercard, other US CEOs at Kennedy Center
FedEx Corp. (NYSE: FDX) has launched FedEx Innovation Lab (FIL) to cultivate and collaborate with rising early-stage digital start-ups in the key market of India as well as the wider region. FIL will make early-stage investments in these partnerships and bring additional value in terms of capabilities and speed to market to start-up firms through the FedEx network, resources, and global customer base. These collaborations will help expand FedEx advanced digital capabilities globally as it ...
FedEx Launches FedEx Innovation Lab to Fuel Digital Capabilities for What`s Next
The shares of FedEx Corp, led by Indian-origin CEO Raj Subramaniam, jumped the most in nine months beating Wall Street's earnings estimate in the third quarter. The upswing came after the company boosted its profit outlook, signalling efforts to cut costs are helping counter a decline in package volume, a Bloomberg report said. Stating that its third-quarter profit topped Wall Street's expectations, FedEx revealed that adjusted earnings this fiscal year will be $14.60 to $15.20 ...
FedEx soars maximum in 9 months under Raj Subramaniam
Transportation company FedEx Express (FedEx) on Tuesday, deployed 30 TATA Ace EVs in Delhi to advance the sustainability goal of zero-emissions last-mile delivery in India. The company plans to transform its entire parcel pickup and delivery fleet to zero-emission electric vehicles globally by 2040. "The increasing popularity of e-commerce means transforming our operations to be more sustainable is more important than ever. The electrification of our fleet will go a long way toward...
FedEx India deploys EVs to achieve goal of zero-emissions last-mile delivery
Cloud major Oracle on Wednesday launched a new service that will integrate and automate end-to-end business-to-business (B2B) transactions. Oracle B2B Commerce will provide integrations with J.P. Morgan's Payments business for integrated banking and J.P. Morgan travel card and expenses services as well as a planned logistics services integration as part of the FedEx Compatible programme. "With Oracle B2B Commerce's integrations with J.P. Morgan Payments and FedEx, our...
Oracle launches B2B Commerce service to cut cost of doing biz
Wall Street's major indexes closed lower on Friday while U.S. Treasury prices climbed as investors' fears about the prospects for a global recession intensified while they also prepared for a massive U.S. interest rate hike from the Federal Reserve. Economic fears were amped up by a FedEx Corp revelation late on Thursday that a global demand slowdown had accelerated at the end of August and was on pace to worsen in the November quarter, prompting the delivery company to withdraw it...
Stocks down, bond prices rise with rates, economy in focus
FedEx Express, a subsidiary of FedEx Corp and homegrown logistics and supply chain services company Delhivery on Friday announced they have entered into a pact to unlock India's international trade potential. FedEx will make a $100 million equity investment in Delhivery as part of the deal. The companies will enter into a long-term commercial agreement. FedEx Express will focus on international export and import services to and from India, and Delhivery will, in addition to FedEx, sell...
FedEx invests Rs 100 mn in Delhivery to unlock India`s cross-border trade
As India and its healthcare systems battle a steep surge in Covid cases across the country, transportation major FedEx Express, a subsidiary of FedEx Corp., is working with organisations around the world to deliver critical medical supplies and equipment to India. FedEx is currently supporting the transportation of more than 25,000 oxygen concentrators and converters through an initiative of the US-India Strategic Partnership Forum and other multinational companies. An initial shipment ...
FedEx to deploy Boeing 777F to deliver medical supplies to India
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