Allcargo Logistics Aims to Slash Costs by ?30 Million in FY24

04 Jan 2024 CW Team

In a strategic move to enhance operational efficiency, Allcargo Logistics, a prominent player in the logistics sector, has announced ambitious plans to curtail costs by ?30 million during the fiscal year 2024. This cost-cutting initiative reflects the company's commitment to adapt to the evolving market dynamics and streamline its financial structure. The comprehensive plan encompasses various aspects of the logistics chain, including optimization of supply chain processes, resource management, and technological integration. Allcargo Logistics aims to leverage advanced technologies and data-driven solutions to achieve these cost reductions without compromising the quality and reliability of its services. The company's proactive approach to cost management is driven by a meticulous analysis of market trends, global economic conditions, and emerging challenges in the logistics industry. By implementing these cost-cutting measures, Allcargo Logistics anticipates not only bolstering its financial resilience but also staying ahead in the competitive landscape.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..