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Blue Dart Express is an Indian logistics company that provides courier delivery services. [ 3 ] [ 4 ] [ 5 ] It is headquartered in Mumbai , Maharashtra . [ 6 ] It has a subsidiary cargo airline, Blue Dart Aviation that operates in South Asian countries. [ 7 ]
Blue Dart Aviation is a cargo airline based in Chennai, Tamil Nadu, India. It serves 7 Indian metro cities with its main base as Chennai International Airport . German courier company Deutsche Post owns a 70% stake in the airline through its subsidiary Blue Dart Express .
In 2012, DTDC acquired a 52 percent stake in Eurostar Express of Eurostar Group in the UAE. [8] In April 2013, DTDC acquired 70% of Nikkos Logistics. [9]In June 2013, French courier company Geopost (owned by La Poste) acquired a 39% stake in DTDC from Reliance Capital's private equity arm, taking its overall ownership in DTDC to 42%.
Tushar Kumudrai Jani or Tushar Jani [2] is a business entrepreneur, investor, philanthropist and the founder of Blue Dart Express Limited and Blue Dart Aviation, Swift Freight [3] and Express Industry Council of India (a courier and express cargo business association of all Indian companies). [4]
The stock of Blue Dart Express (BOM:526612, 30-year Financials) appears to be significantly overvalued, according to GuruFocus Value calculation.
On 8 November 2004, DHL Express invested €120 million in an Indian domestic courier, Blue Dart, becoming the majority shareholder in the company. [16] In 2005, Deutsche Post made an offer to buy the contract logistics company Exel plc, which had just acquired Tibbett & Britten Group. On 14 December 2005, Deutsche Post announced the completion ...
The DHL Express division offers worldwide courier, express and parcel shipment service, combining air and ground transport, under the DHL brand. It owns five airlines: European Air Transport Leipzig, DHL Air UK, DHL Aero Expreso, SNAS/DHL and Blue Dart Aviation. [21] In 2016, this division's revenue increased by 2.7 per cent to €14 billion. [22]
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