The Competition Commission of India has approved Delhivery’s acquisition of Ecom Express. This deal is worth approximately Rs 1,407 crore. It will significantly consolidate India’s logistics sector. The acquisition aims to strengthen Delhivery’s position in last-mile delivery. It will also expand warehousing and fulfillment services. Analysts predict a potential upside for Delhivery shares. The average target price is Rs 413.
Corporate actions this week: NTPC, Coal India among nearly 90 cos set to hit record dates for dividend payouts, bonus issues & stock splits
Nearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends, bonus issues and stock splits from August 31 to
August 30, 2026