SBI in Talks to Down-sell Part Loan for Adani’s Lanco Acquisition

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

PM Modi to Inaugurate Aunta–Simaria Six-Lane Ganga Bridge on Aug 22

Prime Minister Narendra Modi will inaugurate the newly built Aunta–Simaria six-lane Ganga bridge on August 22, marking a significant milestone in Bihar’s infrastructure growth.The 8.15-km-long bridge, constructed at a cost of Rs 18.71 billion, connects Aunta Ghat in Mokama (Patna district) with Simaria in Begusarai and runs parallel to the decades-old Rajendra Setu. With Rajendra Setu undergoing repairs and heavy vehicles barred from plying, the new bridge is expected to ease congestion and provide seamless connectivity between north and south Bihar.Officials said the bridge will reduce tr..

Hexalog Expands with 48,000 Sq Ft Fulfilment Centre in Bengaluru

Hexalog Technologies, an AI-driven supply chain company specialising in cross-border solutions, has inaugurated a 48,000 sq ft Value-Added Centre (VAC) in Bengaluru. The new facility strengthens Hexalog’s fulfilment network and marks a significant step in its strategic expansion across high-demand regions.Strategically located in Bengaluru, the Tier 1 hub offers strong transport connectivity and proximity to major ports, enabling enhanced cross-docking, wider geographic reach, and faster last-mile deliveries across South India.Designed to support both e-commerce and cross-dock operations, th..