As instances of self-logistics drop because of likely lower service standards and efficiency, third party logistics providers are expected to benefit in the long run. Delhivery could be among the beneficiaries then.
According to a report by PRIME Database, Paytm shares worth Rs 7,441 crore were offloaded by foreign investors in the December quarter, making it the top sell by FIIs in the quarter gone by. Their holding value in Paytm s parent company, One97 Communications, dropped to Rs 25,706 crore from Rs 33,148 crore at the end of the third quarter.
OnGrid, AuthBridge, IDfy and BetterPlace are among the background check service providers that said there has been a sharp increase in mandates as background checks and employee verification - once confined to conventional sectors like IT and banking - extends its reach across e-commerce, transportation, logistics, retail and healthcare, among others.