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The Latest Breaking News from Delhivery

Delhivery expands green fleet with 1,500 Bajaj electric cargo vehicles

Delhivery is accelerating its eco-friendly logistics by partnering with Bajaj Auto to deploy approximately 1,500 electric cargo three-wheelers nationwide within two years. This initiative prioritizes smaller cities, with an initial rollout of 200 Bajaj RIKI eCarts in Delhivery's last-mile network. The integration with route optimization aims to boost efficiency and…

The Economic Times

Delhivery unveils welfare scheme with Rs 15 lakh accident cover for gig workforce

Delhivery has launched 'Abhyam', a comprehensive welfare program for its 1 lakh frontline workers. This initiative offers significant benefits including accidental insurance up to Rs 15 lakh, family health cover of Rs 5 lakh for spouse and two children, and children's scholarships. The program aims to provide a crucial safety…

The Economic Times

Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA

Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense competition, consumer demand remains robust, defying concerns about slowing discretionary spending. The report highlights resilient growth across various internet sectors, including online travel, quick commerce,…

The Economic Times

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Flipkart extends lead in Indian e-commerce, Myntra widens lead in fashion, says BofA

The Economic Times

Listed new-age internet firms brace for a costly ride as war clouds math

The March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operating metrics. However, food delivery, quick commerce, ecommerce, beauty, eyewear, furniture and logistics firms are preparing for higher costs in the upcoming quarters even as consumer sentiment remains uneven.

The Economic Times

Listed new-age companies use AI to tune their daily ops engine

Companies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, reduce failed deliveries, improve store productivity and speed up internal technology deployment. The use cases differ across companies, but the common thread is that AI is now being applied extensively to operating…

The Economic Times

Gig workers' incentives cool; YC attendees resell AI credits

Happy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in today's ETtech Morning Dispatch.

The Economic Times

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Uber CEO on Travis Kalanick; Micron’s warning to India

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtech Top 5.

The Economic Times

Irrational pricing unlikely in third-party logistics even as ecommerce growth improves: Delhivery’s Sahil Barua

Delhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite projected ecommerce growth. He believes third-party players will gain market share from first-party operators like Amazon and Flipkart due to cost efficiencies.

The Economic Times

Delhivery shares tumble 5% after Q4 results. Why Nuvama, Elara & other brokerages remain bullish

Delhivery shares: The company posted a marginal 0.2% YoY decline in Q4 FY26 net profit to Rs 72.4 crore. Despite the slight dip in profit, brokerages including Nuvama and Elara Capital maintained ‘Buy’ ratings, supported by strong operational performance.

The Economic Times

Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart bet

Happy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Delhivery elevates six executives to C-suite roles amid expansion push

Logistics firm Delhivery has promoted six senior executives to C-suite positions. These appointments support the company's expansion across its business verticals. The move strengthens leadership as Delhivery scales operations. The company also announced new board appointments and a recent board member's departure. These changes reflect Delhivery's growth strategy and commitment…

The Economic Times

Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 crore

Delhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. However, net profit stayed steady. Integration costs from an acquisition and rising input expenses impacted profitability. The company remains confident in its medium-term growth despite a volatile operating environment.

The Economic Times

Delhivery Q4 Results: Net profit flat at Rs 72.4 crore, revenue rises 30% YoY

Delhivery reported a marginal 0.2% year-on-year decline in net profit for Q4FY26 to Rs 72.4 crore, despite a 30% revenue jump to Rs 2,850 crore. The company saw significant growth in express parcel volumes and introduced AI-powered systems. For FY26, Delhivery turned free cash flow positive and achieved a consolidated…

The Economic Times

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The Economic Times

SoftBank logs $600 million paper loss on India-listed portfolio in Jan-Mar

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has…

The Economic Times

SoftBank logs $600 million paper loss on India-listed portfolio in March quarter

The Economic Times

Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in April

Mutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reductions were observed in Wipro, HDFC Bank, and Hindalco Industries across large, mid, and smallcap segments. This active portfolio management reflects ongoing strategic shifts by fund managers.

The Times of India

Fund raise through IPO more than halves to Rs 52,116 crore in FY23 from record high in FY22

MUMBAI: The total amount raised through initial public offerings (IPOs) more than halved to Rs 52,116 crore in FY23 from an all-time high collection of Rs 1,11,547 crore in the previous fiscal, according to an analysis.

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StockNews.com

Buy the Dip: 5 Stocks You'll Regret Not Adding to Your Portfolio

The immense market volatility caused by recession worries due to aggressive policy tightening by the Fed to lessen inflationary pressure has led to several quality stocks currently trading at reasonable prices. Given the long-term prospects of Qualcomm (QCOM), FedEx (FDX), Mærsk A/S (AMKBY), STMicroelectronics (STM), and Agilent Technologies (A), we…

The Times of India

Delhivery gets Sebi's go-ahead to raise Rs 7,460 crore via IPO

NEW DELHI: Supply chain company Delhivery has received capital markets regulator Sebi's approval to raise Rs 7,460 crore through an initial public offering (IPO). The IPO comprises fresh issuance of equity shares worth Rs 5,000 crore and an offer for sale (OFS) component of Rs 2,460 crore by existing shareholders,…

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