Delhivery on May 16 reported a net profit of Rs 72.6 crore for the fourth quarter of FY25. This marks a significant jump from the Rs 68.5 crore net loss reported in the corresponding quarter of ...

Indian logistics services firm Delhivery reported a fourth-quarter profit on Friday, as higher spending to attract client demand paid off amid tough competition from e-commerce firms’ pivot to ...

Despite falling short of expectations, India’s FY’24 GDP growth of 6.6% is relatively attractive to growth rates of other ...

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 ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...

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 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 ...

Delhivery said that it has received a show cause notice on May 6 under the CGST Act, 2017 and IGST Act, 2017 from DGGI, Mumbai Zonal Unit The core issue is a dispute over the correct GST rate ...

Nestasia has announced the appointment of Sahil Barua, Co-founder and CEO of Delhivery, as a Board Member. This strategic addition comes at a defining moment for the brand as it sharpens its focus ...

The proposed acquisition will see Delhivery acquiring a controlling stake in Ecom Express entirely in cash. In their notice submitted to the CCI, the companies stated that the proposed transaction ...