Gati

Gati Shares Fall 10% After CARE Downgrade

Business | Thomson Reuters | Monday October 8, 2018

CARE cut its rating on Gati's long-term bank facilities to 'BBB' from 'A-', and downgraded short-term bank facilities to 'A3+' from 'A2+', according to a regulatory filing. Investors are paying closer attention to rating downgrades after the government rescued shadow banking firm Infrastructure Leasing & Financial Services (IL&FS), whose rapid decl...

Another Dana Majhi? Odisha Man Walks With Daughter's Body From Hospital

India News | Written by Saurabh Gupta | Saturday January 7, 2017

Gati Dhibar, a man from Odisha's Angul district, walked from a hospital with his five-year-old daughter's body for a kilometre before finding transport to go home to his village and perform last rites.

Gati Posts 20% Rise In Q1 Profit

Business | Press Trust of India | Thursday August 4, 2016

Logistics major Gati on Thursday reported a 20.5 per cent rise in consolidated net profit at Rs 9.44 crore for the quarter ended June 30.

GST Hopes Add Wings To Logistics Companies

Business | NDTV Profit Team | Thursday July 28, 2016

The Cabinet on Wednesday cancelled a 1 per cent inter-state tax for states that manufacture goods, which is likely to assuage the Congress party that had objected to it.

Logistics Stocks Gain On Hopes Of Early Passage Of GST Bill

Business | NDTV Profit Team | Friday June 10, 2016

Shares of logistics companies such as Snowman Logistics, Gati, Aegis Logistics, VRL Logistics, Allcargo Logistics, Gateway Distriparks and Blue Dart outperformed today on hopes of passage of GST Bill in Rajya Sabha in the upcoming monsoon session of Parliament.

Logistics Stocks Shine As Assembly Poll Results Bolster GST Hopes

Business | NDTV Profit Team | Thursday May 19, 2016

Shares of logistics companies like Allcargo Logistics, Gati, Snowman Logistics and VRL Logistics rallied sharply on Thursday, rising by as much as 10 per cent in a weak market.

These Cuties Singing 'Jungle Jungle Baat Chali Hai' Will Take You Back In Time

Offbeat | Written by Raksha Bihani | Wednesday April 27, 2016

There is no Mowgli, Bagheera, Baloo or Sher Khan here, but five girls - Arika, Prisha, Gati, Aarsha and Arohi - frolicking about in gardens, gazebos and recording studios, singing the literal translation to the song.

Gati Shares Surge On Start-Up Investment Plan

Business | Press Trust of India | Tuesday February 16, 2016

Shares of logistics firm Gati on Tuesday surged as much as 9.5 per cent after the company said it will invest in start-ups in the delivery space as the company tries to achieve its target of delivering 1 million packages per day by 2020.

Gati Shares Fall 8% After Weak Q2 Earnings

Business | NDTV | Tuesday October 20, 2015

Gati shares declined over 7 per cent to hit an intraday low of Rs 151.95 on Tuesday after the company posted weak earnings for the July-September quarter due to lower income and higher employee cost.

Renewed Bid for GST Nod Triggers Buying in Logistics Stocks

Business | NDTV | Wednesday August 26, 2015

According to analysts, logistics companies will be among the biggest beneficiary of the GST implementation as it will hasten the movement of goods.

Gati Posts 32% Fall in Q1 Profit

Business | Press Trust of India | Thursday July 30, 2015

Gati Ltd on Thursday reported a 31.9 per cent drop in consolidated net profit at Rs 7.83 crore for the quarter ended June 30, 2015.

Blue Dart Express Surges 8% on Strong Q1 Earnings

Business | NDTV | Thursday July 30, 2015

Shares of Blue Dart Express surged over 8 per cent after the logistics company posted a strong first-quarter performance.

IBM to Provide IT Solutions to Gati for E-Commerce Operations

Business | Friday March 6, 2015

Tech giant IBM on Thursday said it will provide IT solutions to supply chain logistics firm Gati Kintetsu Express (Gati KWE).

Gati to Raise Rs 120 Crore for Expanding E-Commerce Business

Business | Tuesday January 27, 2015

When contacted, Gati's CFO Sanjeev Jain said the primary objective of raising funds is to expand the e-commerce business.

Logistics Stocks Gain After Cabinet Clears GST Bill

Business | Thursday December 18, 2014

Logistics companies Gateway Distriparks gained 5.6 per cent, Snowman Logistics rose 7.8 per cent, Gati advanced 6.7 per cent and Container Corp of India was up 3.1 per cent after the Cabinet cleared the GST Bill for nationwide sales tax.