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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 .
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.
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International courier services in India include DHL, FedEx, Blue Dart Express,Spicexpress and Logistics Pvt Ltd, Ekart, DTDC, VRL Courier Services, Delhivery, TNT, [8] Amazon.com, OCS and Gati Ltd. Apart from these, several local couriers also operate across India. Almost all of these couriers can be tracked online.
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 ...