The capital expenditure target can be raised to Rs 9-9.5 trillion from Rs 7.5 trillion set for FY23. It will significantly improve the infrastructure spending and enhance the business for other elide sectors such as cement, metals and capital goods.

We will take significant steps to raise productivity in the real economy and focus on improving rural jobs. Clear disinvestment targets would be better if there is a strategic stake sale in a few companies rather than minor divestments in more companies.

​The stocks 52-week low and high prices are Rs 67 and Rs 112, respectively. Currently, the share is trading 49% higher than its 52-week low price.In the quarter ended September, FIIs also raised stake in the stock to 7.55% from the earlier 5.76% in the June quarter

Net Sales are expected to increase by 5.3 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 436 crore, according to Sharekhan.

With rapid urbanization and holistic governmental efforts to develop the rural economy paying off, India continues to maintain its position as a top investment destination that seems unperturbed by the current recessionary climate engulfing developed economies.

"Staggered investing and booking profits in overvalued stocks has been the cornerstone of our investing in the past one year. We generally invest in companies with 3-5 years horizon, however, being deep value investors at the heart we have been booking profits in some of our ideas where the valuations were getting rich and have reinvested the same into other deep value opportunities."

Our digitization driven by Chairman Shettys vision uniquely makes us the global market leader as well as the tech disruptor in our industry. This provides us robust growth momentum, which will help us maintain strong performance and as economic revival begins starting next year, we expect to witness growth in volumes.

The National Highways Network will receive an investment of Rs 20,000 crore to add 25,000 Kms in the current fiscal. Private investment is invited for four Logistics Parks in the form of a Public-Private Partnership (PPP). Policies such as 100% FDI under the automatic route have been set to ease foreign investment in India.

Allcargo Logistics said its board has approved plans to acquire a 30 per cent stake in Gati Kintetsu Express Pvt Ltd (GKEPL) from KWE group. In the JV, Allcargo Group firm Gati owns 70 per cent stake while the remaining 30 per cent stake is with the KWE (Kintetsu World Express) group.

The infra-realty theme offers an upside while mitigating challenges faced by standalone realty and infrastructure companies, experts said.

Hem Securities is bullish on Gati has recommended buy rating on the stock with a target price of Rs 230 in its research report dated October 08, 2022.

So, as the NLP looks to reduce logistics cost from the current 13-14% to sub 10% and there are seen multiple benefits unfolding from the regime in due time, ICICI Direct has listed its top 4 picks from the space.

“For internal multimodal connectivity, we wanted to bring down the logistic cost and increase logistic efficiency. The National Master Plan addresses the infrastructure issue. It was launched last year. It has already started doing extremely well. To complement that, because the infrastructure is there, systems, processes and skilled manpower are needed and to address these issues, the policy has been launched.”

The Union Cabinet, on September 7, approved the policy on leasing railways land for Gati Shakti terminals, cutting the annual land licence fee (LLF) to 1.5% from earlier 6% of the market value of the land. It has also extended the term for up to a period of 35 years from the earlier five years.

The new LLF framework approved by the Union Cabinet proposes LLF to be charged for 35 years at 1.5 per cent of the market value of land per annum as against 6 per cent in the existing policy. The bidding mechanism will be carried out for 300 new PM Gati Shakti Cargo terminals that are to be developed over the next five years.

In 2021 itself, the net absorption of warehousing space rose to 39.2 million sq ft, surpassing not only 2020s absorption level of 22.1 million sq ft but also the 36.3 million sq ft registered in the pre-pandemic year of 2019. And the current pipeline of impending transactions is projected to drive net absorption of 42.5 million sq ft in 2022, according to data from JLL India.

Launched in May 2022, by 20-year old engineering school dropout Pravas Chandragiri, Soptle is a micro SaaS-led B2B retail commerce platform that helps consumer goods companies distribute products by using its network of over 15,000 retailers across the country.

The roads ministry, for instance, has been seeking levies of 10% of the land's market value from the telecom ministry, citing its rule books while the railways ministry is learnt to have sought for near 6% of the market value of the land and advance payment at yearly rate for 10 years. The ministry of environment and forests also brings in net present value charges which are imposed for use of forest land.

Last week, the government issued spectrum allocation letters to telecom service providers while asking them to prepare for the rollout of 5G services in the country.

Indias sustained digital revolution will have a spin-off impact on all sectors of the economy. As adoption of emerging and new technologies takes centre stage, the actualisation of ideas surrounding ‘data as a capital good will drive policymaking, investments and, subsequently, the array of digital offerings to the Indian consumer.

Logistics parks drive reduction in overall freight cost by enabling freight transportation on higher-sized trucks and rail.

The company, however, has managed to grow revenues on the back of strong volumes. The profits remain steady with a focus on digitisation and yield management, it stated.

The Central Universities (Amendment) Bill, which also seeks to expand the scope of the University from beyond the railways to cover the entire transport sector to support the ambitious growth and modernisation in the field, was passed by a voice vote after a brief discussion.

"Our digital capabilities have helped us serve our customers seamlessly even during the pandemic in all our markets, including India. Our suite of digital offerings helped MSMEs (Micro, Small and Medium-sized Enterprises) in India meet working capital needs and operational liabilities," underlined the tech-savvy banking veteran. DBS also helped MSMEs in India to navigate the challenging business environment by disbursing loans to the segment during the lockdown months.

While the Question Hour and the Zero Hour were drowned in the protests, the government managed to conduct a debate amid the din, pass the Central Universities (Amendment) Bill and introduce The Energy Conservation (Amendment) Bill, 2022.

Gati Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1983.49 Crore) operating in Logistics sector.

The estimated Worker Population Ratio (WPR) on usual status for persons of age 15 years and above was 47.3 per cent, 50.9 per cent and 52.6 per cent during the years 2018-19, 2019-20 and 2020-21, respectively, indicating the increasing trend in employment. He said, "Employment generation coupled with improving employability is the priority of the government".

TCM, where LIC owned a 10.60 per cent stake as of June 30, saw Shilpa Porinju Veliyath as a public shareholding with over 1 per cent stake. Shilpa held 1,00,000 shares or a 1.34 per cent stake in the company as of June 30. She was not among public shareholders of the company in the past, with over a per cent stake.

Zoho is looking to hire more software developers, quality assessment engineers, web developers, designers, product marketers, writers, technical support engineers and sales executives.

An economic ecosystem linking two major economic centres, an industrial corridor, invigorates economic activity along the transportation corridor. Akin to an artery, it forms the lynchpin of economic activity in a region. It harbours clusters of industrial production and manufacturing catering to local as well as global demands.

Union Cabinet approved Taranga Hill-Ambaji-Abu Road new rail line to provide connectivity and improve mobility. The estimated cost of this project is Rs 2798.16 crores and will be completed by 2026-27. Gati Shakti university will also be recognised as deemed university and come under center university.

"We have a lot of demand, projects and investment on the back of sustainable mobility everywhere in the world and in India in particular. The railways is witnessing urgent investment needs in the world. Demand for us is not a constraint at all," Alstom's global CEO said.

The joint report on the country's e-commerce market was released by industry body FICCI and property consultancy Anarock.

These suggestions were made by the minister while she chaired the first meeting of the Apex Monitoring Authority for the National Industrial Corridor Development Programme(NICDP).

The Centre has approved the financial and institutional structure with a budgetary support of Rs 17,500 crore for the development of industrial cities. In December 2020, the government approved development of 11 industrial corridors spanning 32 projects in four phases based on the availability of land, preparedness and multi-modal connectivity infrastructure.

Issuing the guidelines for implementing the scheme, the finance ministry said Rs 80,000 crore is reserved for capital works to be undertaken by the states. To avail the benefit for investments made this fiscal, states will have to submit details like name of the project, capital outlay, completion period and its economic justification to the expenditure department of the Union finance ministry.

The arrival of the mainline container vessel operator signals that Mangaluru, Karnataka and the hinterland of the port now has a facility that will facilitate higher import-export activities. This is also a sign of the port heralding a higher phase of growth, he said.

"It is better to be defensive in such a market scenario for quite some time, but we believe that the Indian market is at the cusp of revolution. These small corrections are part of the journey which gives investors a good opportunity to make fresh entries or accumulate quality stocks at every dip."

NITIE Mumbai, the Indian Institute of Technology BHU and I-DAPT HUB FOUNDATION IIT (BHU), Varanasi, have launched the Global Online Certification Course on 'Data-Driven Supply Chain Transformation'

“We see an opportunity to create a Rs 25,000-30,000 crore company and we will get there; the question is how fast can we get there and how can we get there while being very prudent about the capital we have raised and get the profitability? That is what we are going to try.”

"As a part of our strategic and fundamental business realignment, we exited the non-core business such as the cold chain and project transportation business and started focusing on our four core businesses – international supply chain, CFS, express logistics and contract logistics . The acquisition of Swedish logistics company Nordicon Group and the joint venture in South Korea also positively impacted the groups performance in FY22."

Speaking at a Chintan Baithak of the Shipping Ministry dwells on Innovative Ideas to propel Indias Blue Economy, Sonowal said, “There should be zero waiting time for inbound and outbound cargo. This means there should be zero waiting of ships as well as for trucks carrying cargo.”

“These are crucial to enable handling of large volumes as fewer docks in smaller hubs choke parcels express movements during peak hours. The management aims to handle volumes more than the industry average,” the brokerage said on Wednesday.

Gati Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1628.11 Crore) operating in Logistics sector.

Spread over three days, from June 15 to June 17, the conference will focus on the rapid and sustained economic growth in partnership with the states, it said.