Delhivery earmarks ₹1,250 crore for acquisitions
The Hindu
Delhivery Ltd., a fully-integrated logistics services player, has earmarked ₹1,250 crore for funding inorganic growth through acquisitions and other strategic initiatives, the company said in its draf
Delhivery Ltd., a fully-integrated logistics services player, has earmarked ₹1,250 crore for funding inorganic growth through acquisitions and other strategic initiatives, the company said in its draft red herring prospectus filed with SEBI.
The company is planning to raise fresh capital of ₹5,000 crore to fuel its growth and expansion plans. The proposed IPO will also include an offer-for-sale amounting to ₹2,460 crore.
It said it will continue to look for high-quality acquisition and investment opportunities within and outside India that are complementary to its business or that enable it to build new, valuable capabilities for customers, strengthen or establish its presence in key target markets in India and globally.
Assembly polls 2026: Follow updates from The Hindu on the upcoming elections in five States, on March 22, 2026
Currently, only the services in the 32 series stop at the section of the road adjacent to the Broadway terminus, temporarily closed on account of reconstruction work. Small traders association tells R. Ragu that ensuring the services now accommodated at the temporary terminus at Island Grounds stop at NSC Bose road would benefit visitors to the markets in Parrys
The Hindu photo feature on Aragam which is now known as book village. Photos and text by Imran Nissar
The silent reading movement in the Mylapore-Mandaveli-RA Puram area showed up first at Nageswara Rao Park around two years ago, with modest ambitions, when Balaji launched it along with other reading enthusiasts from the region. This initiative has now moved parks, and seems to set to get entrenched in one. Due to renovation work at Nageswara Park, the reading session became irregular. With the Nageswara Rao park work gaining more surface area, it had to be shifted elsewhere. And it seems set to continue with a newly discovered green patch in RK Nagar in the Sundays to follow.
Explore Tamil Nadu's upcoming four-cornered election contest, featuring key players DMK, AIADMK, TVK, and Naam Tamizhar Katchi.
Trump plans to deploy ICE officers for airport security unless Democrats fund the Department of Homeland Security amid ongoing shutdown.
Cuba experiences its second nationwide blackout in a week, exacerbated by an ongoing U.S. oil blockade and energy crisis.
Kamal Haasan urges Tamil media to avoid the term "censorship" in films, advocating for artistic freedom and recognition of certification.
Pottalurani residents boycott elections again, demanding closure of fish waste processing units impacting health and environment.
VCK leader Thirumavalavan emphasizes the need for local candidates amid concerns over past electoral losses due to outsiders.
Women teachers over 50 express discontent after Revenue Department denies blanket exemption from SIR and census duties in Karnataka.
Union Minister skips crucial NCTP meeting amid backlash over controversial Transgender Rights Bill, raising concerns within the community.
Former Minister Semmalai urges parties to limit freebies and prioritize development for Tamil Nadu's future prosperity.