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INDIA BUSINESS WORLD - JANUARY 1st - JANUARY 15th - 2008


BCCL PICKS UP STAKE IN AIREX LOGISTICS & EXPRESS SERVICES

India's leading media house Bennett, Coleman & Co Ltd (BCCL) has picked up stake in Airex Logistics and Express Services Pvt Ltd (ALESPL), which specialises in serving courier, cargo, warehousing and distribution. Airex Logistics serves the express logistics needs of banking, financial institutions, pharmaceuticals that includes cold chain products, electronic manufacturers and insurance companies across India. Besides, it also specialises in offering express courier and cash management services for various leading multinational and locals banks and insurance companies, which lay a lot of stress on safe, guaranteed and timely delivery of documents.

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