Tag Archives: Chain

Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions

New Delhi: The Competition Commission on Tuesday said it has approved Nippon Express’ acquisition of 22 per cent stake in Future Group’s logistics arm Future Supply Chain SolutionsNSE -0.82 % Ltd. Future Supply Chain Solutions in September said that Japan-based Nippon Express Co will acquire 22 per cent stake through a combination of primary issuance and secondary purchase from an existing investor. The Competition Commission of ... Read More »

Nippon Express acquires 22% stake in Biyani’s Future Supply Chain Solutions

The transaction, valued at ₹641 crore, will be used to fund FSC’s growth plans Japan’s Nippon Express has acquired a 22 per cent stake in Kishore Biyani’s Future Supply Chain Solutions Ltd (FSC) for ₹641 crore as the logistics company looks to tap into the rapidly-growing Indian logistics market. As part of the deal, Nippon Express has bought the 14.6 per cent ... Read More »

Ideas for Profit | Future Supply Chain: A lucrative investment opportunity

Logistics companies has been on an uptrend after the introduction of sectoral reforms in the past couple of years. Future Supply Chain Solutions (FSCS), the third-party logistics provider, has been on an aggressive expansion spree in the past one-year and the reported another strong result in Q3 FY19. Earnings are anticipated to gain further traction as the company has a strong revenue pipeline ... Read More »

Snapdeal Says Invested $300 Million in deliver Chain, Logistics in last 1.5 Years

E-commerce fundamental Snapdeal has pumped in $three hundred million (about Rs. 1,990 crores) over the last 18 months to reinforce its supply chain and logistics and facilitate the growth in shipment volumes. The city-based totally company has visible 1.9 instances growth in cargo volumes from 1.29 lakh every day shipments remaining year to 2.5 lakh this 12 months. “we’ve got ... Read More »