Mahindra Logistics picked a majority stake in Whizzard; Stock zoomed
Mon, Apr 11, 2022 9:37 AM

Mahindra Logistics picked a majority stake in Whizzard; Stock zoomed

A Flip by Flipitnews
Get it on Google Play
India’s largest Third-Party Logistics (3PL) solution provider, Mahindra Logistics Ltd. (MLL) declared about picking a majority stake in ZipZap Logistics Private Limited, which is a last-mile logistics service provider operating under its brand ‘Whizzard’.  

Through this acquisition, MLL’s existing last-mile delivery business and EDel will get a boost. In early trade, MLL was trading higher in BSE.

More great flips

Shikhar Dhawan: From Cricket Champ to Startup Investor!

Shikhar Dhawan: From Cricket Champ to Startup Investor!

Shikhar Dhawan, renowned cricket star, diversifies into angel investing, supporting innovative startups. He partnered with 📌QUE, amplifying eyewear fashion. He invested in 📌SVISH, 📌TagZ Foods, & 📌Upstox endorsing consumer brands & fintech. 📌SARVA YOGA received $2.79M reflecting his interest in healthcare ventures.

Open Flip
Uber forecasts gross bookings for second quarter below expectations

Uber forecasts gross bookings for second quarter below expectations

Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, sending it shares down nearly 10% before the bell. The weakness in a key metric that denotes the total value of revenue earned on the Uber platform signals demand weakness for the company's ride-share and food delivery services.

Open Flip
TVS Motor Sees Profit Jump 18% To ₹485 Cr

TVS Motor Sees Profit Jump 18% To ₹485 Cr

TVS Motor Company reported its earnings for the March quarter after market close on Wednesday. The auto manufacturer’s revenue from operations in the quarter ended March 2024 grew by 24% at ₹8,169 crore against ₹6,605 crore in the quarter ended March 2023. The auto giant’s net profit for the quarter was at ₹485.4 crore, up around 18% from the ₹410 crore posted in the same quarter last year.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon