Tag: India

Leveraging India Post's strength

Posted by | Jul 13, 2006 | |

The strengths of India Post are its long tradition of handling financial services, its wide reach among the mass market and its credibility and trust, says R. VAIDYANATHAN, arguing that more flexibility and autonomy can help the behemoth provide the latest financial services while making profits for itself

India Post is a fascinating organisation. It is effective, efficient, has phenomenal reach and boasts of a tradition of distributing financial products from 1882. It is best in terms of know-your-customer and sits on voluminous data. It needs functional autonomy and its staff more incentivised pay and perks. If India leverages the strength of its postal system, it can serve the people better and make some profits.

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DHL unveils 250 million USD expansion plan in India

Posted by | Jul 13, 2006 | |

Committing over 250-million USD investment in India for the next few years, global air express services company, DHL Express, has set up a disaster recovery centre in Chennai.

During the expansion plan in the coming years, the company will introduce new technologies, expand infrastructure, develop innovative products and services, and improve marketing and sales.

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Logistics post to increase postal revenue by rs100 crore (the department of posts will start a logistics post service from delhi and will expand existing services)

Posted by | Jul 10, 2006 | |

The Department of Posts (DP) has announced its plans to start a Logistics post service from Delhi. The service will operate from Delhi to Jaipur, Chandigarh, Ludhiana, Agra and the National Capital Region. It will focus on large consignments from clients in the corporate sector.

The service is expected to earn a revenue of Rs100 crore in the first year of operation. The DP’s existing Logistics post services in Mumbai and Tamil Nadu will also be expanded. The DP’s post and parcel service earns Rs1,000 crore a year now.

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DHL appoints Craig Gossgart as Country Manager, India

Posted by | Jul 10, 2006 | |

New Delhi, July 10 (PTI) Air express services provider DHL today said it has appointed Craig Grossgart as Country Manager for its Indian operations.

“Craig Gossgart will be responsible for driving the Express business in one of DHL’s key growth markets in the region,” a DHL release said.

Grossgart succeeds Chris Callen who was appointed Vice President, Domestic Express, DHL Express Asia Pacific region.

Prior to being appointed as Country Manager for India, Grossgart was Chief Executive Officer of Hong Kong-based Asian Container terminals, the release said.

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Dutch TNT To Renew Coop Talks with Japan Post

Posted by | Jun 29, 2006 | |

Dutch mail and express deliveries group TNT NV will renew negotiations with Japan Post about a strategic cooperation, TNT CEO, Peter Bakker, said on June 28, 2006.

Our initial deadline to set up an international express services joint venture cannot be met, chiefly due to the ongoing privatisation of Japan Post, Bakker added. TNT and Japan Post said earlier this week that the joint venture talks between them were ended. According to Bakker, there are many other cooperation opportunities.

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