Mumbai, June 24: Allcargo Logistics, an integrated logistics provider operating Domestic Supply Chain business, through its Express Distribution and Consultative Logistics services, has further strengthened its leadership team and announced the appointment of Bipin Reghunathan as Chief Business Officer – Consultative Logistics. In his new role, Bipin will lead the strategic growth and profitability of Allcargo’s Consultative Logistics business. He will drive customer-centric innovation, technology-led…
Vizhinjam Seaport Handles 1,000 Ships, Signals Strong Operational Ramp-Up
Vizhinjam, June 24: Adani Vizhinjam International Seaport has crossed a key milestone by handling 1,000 vessels, reflecting the rapid scale-up of India’s first deep-water transshipment port. The achievement comes shortly after the port’s initial operations began, underscoring its fast ramp-up in cargo handling and increasing integration into global shipping routes. Developed and operated by the Adani Group, the port is positioned as a strategic maritime…
India’s Trade Climbs to Dollar 1.84 Trillion in FY26, Reflecting Steady Economic Growth
New Delhi, June 24: India’s total trade increased 5.4 per cent to reach $1.84 trillion in FY26, according to NITI Aayog, highlighting steady momentum in the country’s external sector. The rise in trade was supported by stronger performance in both goods and services, driven by improving export competitiveness, resilient domestic demand and expanding global linkages. Officials noted that India’s trade growth reflects continued progress in…
Adani Highlights Growth, Investment and Future Vision
Ahmedabad, June 24: Adani Group made a record investment of more than Rs 1.5 lakh crore in hard infrastructure during FY26, reinforcing its position as one of India’s largest private-sector investors and underscoring its long-term commitment to nation-building. Addressing stakeholders, Chairman Gautam Adani said the Group’s consolidated portfolio revenue reached Rs 2.92 lakh crore in FY26, reflecting the scale and resilience of its diversified businesses…
Global Crude Prices Ease Further Amid Stable Supply Conditions
June 24: Global crude oil prices hovered near four-month lows on Wednesday as easing supply concerns and improving market conditions reduced fears of potential shortages. International benchmark Brent crude remained under pressure, while US West Texas Intermediate (WTI) crude also traded at relatively subdued levels. The decline followed signs of stable supply flows and reduced geopolitical risks, which have helped calm energy markets after recent…
Markets Trade in a Narrow Range as IT Stocks Lead Early Gains
Mumbai, June 24: Indian equity markets traded within a narrow range on Wednesday morning as investors assessed improving macroeconomic conditions and sector-specific opportunities. Lower crude oil prices and a stable rupee helped support sentiment, although caution persisted due to concerns over below-normal monsoon rainfall. The benchmark Sensex and Nifty posted modest gains in early trade, extending the subdued movement seen in the previous session. Market…
Encalm Eats Debuts with its First In-House Brand Concept, IndiSip Café at Delhi Airport
June 24: Encalm, a leader in redefining the airport hospitality experience in India, has announced the launch of Encalm Eats – a dedicated food and beverage vertical focused on creating distinctive culinary brands and hospitality-led dining experiences. Built on the same philosophy of creating delightful experiences that defines Encalm, the venture combines thoughtful concept creation, culinary craftsmanship, and operational excellence to deliver memorable food experiences. …
WINS Acquires Control of 5 Newbuilt DP Crew Transfer Vessels Through Acquisition of Controlling Stake in Fast Offshore Supply Pte Ltd
JAKARTA, June 24 - WINS acquires control through taking full ownership of Fast Offshore Supply Pte Ltd, expanding into the building and operation of Fast Aluminium Crew Transfer Vessels (CTV) with 5 units of new CTVs to be delivered in 2027 and a shipbuilding contract of 5 additional units for 2028 delivery. PT Wintermar Offshore Marine Tbk (WINS) has acquired the remaining 52.5% shareholding of associated company Fast Offshore Supply Pte Ltd…
AD Ports Group Increases Ownership in Global Feeder Shipping to 81% by Acquiring an Additional 30% Stake
Abu Dhabi, UAE – 24 June 2026: AD Ports Group (ADPORTS:ADX), a leading global enabler of integrated trade, industry and logistics solutions, today announced that it has acquired an additional 30% equity stake valued at AED 1.1 billion (USD 300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), raising its holding to 81%. In February 2024, AD Ports Group acquired a 51%…
Bitget Rewards Cross-Market Trading With New VIP Miracle Badge Program
Global, June 24: Bitget, the world’s largest Universal Exchange (UEX), has launched the VIP Miracle Badge Program, a new initiative designed to recognize active traders across crypto, stocks, and CFD markets while expanding access to premium services and exclusive rewards. The program introduces a series of achievement badges tied to trading activity across multiple asset classes and forms part of Bitget‘s broader effort to build a comprehensive VIP ecosystem for multi-asset traders. As trading increasingly moves beyond a single asset…