Try GOLD - Free
Allcargo to sell up to 40% stake in Gati
Mint Hyderabad
|January 09, 2025
Allcargo Gati has done away with some of its non-core businesses to focus on growth and profitability
operations, contract logistics and logistics parks. Queries emailed to a spokesperson of the Allcargo group remained unanswered. Founded in 1989, Allcargo Gati provides connectivity across air, road, ocean and rail. It is present in over 650 districts covering around 19,000 pin codes.
It is engaged in express distribution, supply-chain management solution, e-commerce logistics, managed value-added transportation services, freight forwarding and cold chain logistics, a January 2024 note from Care Ratings said.
The company caters to clients across industrial segments such as general manufacturing products, computers & peripherals, auto components and pharma.
This story is from the January 09, 2025 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
Microsoft, Nvidia to invest $15 bn in Anthropic
Microsoft Corp. and Nvidia Corp. are committing to invest upto a combined $15 billion in Anthropic PBC, in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI.
1 min
November 19, 2025
Mint Hyderabad
Google rolls out Gemini-3, with assurance it will localize India data
Google on Tuesday unveiled Gemini-3, its newest foundational artificial intelligence (AI) model, with a key assurance for India: all data generated by users of its advanced platform will stay within the country's borders.
2 mins
November 19, 2025
Mint Hyderabad
Tech leaders think AI is smart but chimps may beg to differ
Don't underestimate other primates in all the excitement over AI
3 mins
November 19, 2025
Mint Hyderabad
Amazon, Microsoft clouds to face tougher EU rules
Amazon and Microsoft's cloud services may face stricter European Union (EU) competition rules as Brussels probes their market power, the bloc's tech chief said on Tuesday.
1 mins
November 19, 2025
Mint Hyderabad
China's unprecedented investment collapse puzzles economists and threatens growth
China’s collapsing investment is as unprecedented as it is hard to explain.
4 mins
November 19, 2025
Mint Hyderabad
Climate talks turn to risks of extracting critical minerals
Nations are edging closer to sounding the alarm about the perils of extracting and processing critical minerals
2 mins
November 19, 2025
Mint Hyderabad
Sensex rally stands on shaky ground
When the Sensex closed at a new 52-week high on 29 October, it painted a picture of a market in full bloom. But beneath the surface of this headline-grabbing milestone lies a fractured and sobering reality, a Mint analysis reveals.
3 mins
November 19, 2025
Mint Hyderabad
Xiaomi’s EV business registers a profit for the first time
Xiaomi Corp. reported quarterly profit from its electric vehicle (EV) business for the first time, a major milestone for the smartphone maker's ambitious foray into the crowded market.
1 min
November 19, 2025
Mint Hyderabad
BSNL losses widen on depreciation, high finance costs
State-owned Bharat Sanchar Nigam Ltd (BSNL) reported a loss for the second straight quarter in the current fiscal year after a brief return to profitability in the last two quarters of fiscal 2025.
1 mins
November 19, 2025
Mint Hyderabad
Handloom, textile, sugar firms get respite on quality rules
The Bureau of Indian Standards (BIS) on Monday pushed back enforcement of its newly-amended standards for handloom cotton muslin and handloom cotton mix sarees to May 2026, offering relief to weavers who faced steep costs from stricter fibre rules, new testing methods and fresh certification requirements.
1 mins
November 19, 2025
Listen
Translate
Change font size