Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck’s emergence as India’s largest commercial vehicle technology platform, driven by its expanding tolling and telematics offerings and improved profitability. The company has significantly digitized India’s trucking ecosystem, serving a substantial portion of the trucker base.
Export Promotion Mission sets unified path to strengthen India’s export competitiveness
India took a major step to strengthen its export ecosystem with the launch of the Export Promotion Mission (EPM), a unified framework approved in the