Under the present disinvestment policy of the government there is no possibility of privatisation of (the Indian) postal department. The services of this department come under social responsibilities and not under commercial services. Private sector is attracted more where the work involved is of commercial nature.
Read MoreUp to 600 jobs are set to be created in the Rugby area next year after Royal Mail bosses announced plans to build a pounds 40million mail distribution centre in Daventry.
The company yesterday announced proposals for a huge hub at DIRFT Logistics Park.
The centre, due to open next August, would employ 600 people, although hundreds of current employees are expected to transfer from the company’s existing sites in Wednesbury, Nottingham and Northampton.
Read MorePostcomm, the post regulator, has written to MPs accusing the Royal Mail of “straightforward scaremongering” over proposed controls on the price of a stamp. The row broke out after Royal Mail wrote to all 659 MPs warning that the new price regime would “choke the company” and the universal one-price service. In the letter Martin Stanley, the chief executive of PostComm, dismisses the Royal Mail as being far too pessimistic about the price control, which would let the price of first and second class stamps rise by 1p now, but would then freeze average prices until March 2006. Allan Leighton, the chairman of the Royal Mail, said: “Ours is a business in crisis, we’re taking this very seriously. From those comments, PostComm is not.”
Read MoreRoyal Mail has simplified its international express and signature services to make them easier to use and understand. Customers will also be given added peace of mind with compensation cover for loss or damage to all worldwide destinations plus a signature on delivery, or electronic tracking and confirmation of delivery via the internet.
Read MoreNew Wave Logistics is to occupy the UKs largest speculative distribution facility at Brackmills in Northamptonshire. The company has agreed a 25 year lease for the distribution centre which comprises 500,000 sq ft of warehousing and office space.
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