India markets open in 3 hours 5 minutes

    -282.63 (-0.54%)
  • Nifty 50

    -85.80 (-0.54%)
  • Dow

    -71.34 (-0.21%)
  • Nasdaq

    +18.46 (+0.13%)

    +41,181.00 (+1.68%)
  • CMC Crypto 200

    -5.00 (-0.62%)
  • Hang Seng

    +507.31 (+1.79%)
  • Nikkei

    -13.58 (-0.05%)

    0.0000 (0.00%)

    0.0000 (0.00%)

    0.0000 (0.00%)

    0.0000 (0.00%)

    0.0000 (0.00%)

UAE-based transport management firm Motus One eyes Indian market with innovative solutions

·2-min read

New Delhi, May 22 (PTI) UAE-based transport management company Motus One on Friday said it is eyeing Indian market with its cost-effective and innovative solutions, and plans to invest about USD 5 lakh in India. 'Recognising the huge potential of Indian logistic sector and following bold reforms, UAE-based Premier Event Logistics Company 'Motus One' has emerged as the first global giant to enter the domestic market with its cost-effective and innovative solutions and services....the company is expected to invest nearly 5,00,000 USD in India and would create huge employment opportunities,' it said in a statement.

Motus One offers logistics consultation and event-transport-related planning services and operates across a range of diverse markets, it said, adding that the company plans to leverage the potential of Indian logistics sector.

* * * * * COVID-19: HUL, Fullarton Distilleries to donate 1 million units of hand sanitizers to health workers Hindustan Unilever (HUL) on Friday announced partnership with Goa-based Fullarton Distilleries to manufacture and donate 1 million units of medical-grade hand sanitizers to doctors and nurses to support India's fight against COVID-19.

The exclusive batch of hand sanitizers, developed and manufactured by HUL's Lifebuoy and Fullarton will be distributed through HUL's network to hospitals and COVID-19 hotspots across the country, a joint statement said.

* * * * * COVID-19: RBL Bank launches contactless banking services Private sector lender RBL Bank on Friday launched contactless banking services amid the COVID-19 pandemic. The bank will offer video-based KYC which will help in remote account opening, banking services on WhatsaApp and also virtual debit card on its app, an official statement said. * * * * * COVID-19: Buynearby takes over 2 lakh kirana shops online Fintech company Buynearby on Friday said it has helped more than 2 lakh kirana shops across the country take their stores online amid the coronavirus crisis. The platform also hosts a wide range of retailers like groceries, pharmacies, sweet stores, supermarkets, milk and dairy products, branded specialty stores, gift shops, and meat shops, an official statement said.

* * * * * Visa ties up with Zaggle to help SMEs, start-ups digitise spending Cards provider Visa on Friday announced a tie up with fintech player Zaggle to help businesses digitise their spends. It will focus on SMEs and start-ups to improve productivity and reduce costs along with focusing on easy and faster credit through a card which would have both inbuilt forex and prepaid, an official statement said. PTI NAM KRH AA RVK

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting