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Delhivery to acquire Ecom Express for Rs 1,407 crore

The acquisition is pending approval from the Competition Commission of India and, once completed, Ecom Express will become a subsidiary of Delhivery.

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Delhivery, a third-party logistics company, has announced its decision to acquire Ecom Express Limited for ₹1,407 crore. The company’s board approved the acquisition of approximately 99.4% of Ecom Express shares during a meeting held on April 5, 2025.

In an official exchange filing, Delhivery stated: “We wish to inform you that the board of directors of Delhivery Limited at its meeting held today has considered and approved the acquisition of shares equivalent to at least 99.4% of the issued and paid-up share capital of Ecom Express Limited. The purchase consideration will not exceed ₹1,407 crore.”

The acquisition is pending approval from the Competition Commission of India and, once completed, Ecom Express will become a subsidiary of Delhivery.

Sahil Barua, Managing Director and CEO of Delhivery, commented on the acquisition, stating, “The Indian economy requires continuous improvements in cost efficiency, speed, and reach of logistics. We believe this acquisition will enable us to serve the customers of both companies more effectively.”

Previously, Ecom Express faced challenges, including the layoff of around 500 employees in February and the suspension of its initial public offering (IPO) plans as part of cost-cutting measures. The company’s expenses slightly increased to ₹2,921.5 crore in FY24 from ₹2,902.8 crore in FY23, while revenue grew by 2.2% to ₹2,609.2 crore. Notably, losses decreased to ₹255.8 crore compared to ₹428.1 crore the previous year.

Ecom Express, which delivered goods to over 27,000 pin codes, had approximately 15,600 employees and associates. The company previously planned to go public, but market volatility led to a pause in those efforts.

The Securities and Exchange Board of India (Sebi) had granted approval for the IPO in December, which remains valid until later this year. Ecom Express filed papers in August to raise ₹2,600 crore through the IPO, involving a combination of fresh shares and an offer-for-sale.

In conjunction with this news, Delhivery recently launched a Rapid Commerce service, designed for sub-2-hour deliveries to enhance customer experience for direct-to-consumer brands and e-commerce platforms.

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Centre reassures farmers as India-US trade deal nears completion

The Centre has assured farmers that the upcoming India-US trade deal will not harm agriculture or dairy, while creating new export opportunities for India.

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As India and the United States move closer to finalising a major bilateral trade agreement, the Centre has sought to reassure farmers that their interests remain fully protected. Senior ministers on Wednesday said the proposed pact does not compromise sensitive sectors such as agriculture and dairy, while opening new avenues for Indian exports.

Union Minister for Agriculture and Farmers’ Welfare Shivraj Singh Chouhan dismissed opposition allegations that the deal could adversely affect domestic farmers. Speaking to the media in New Delhi, he said the agreement poses no risk to staple food grains, millets, fruits or dairy products.

“Farmers’ interests are paramount and non-negotiable,” Chouhan said, asserting that the government has ensured no provision allows sudden or disruptive entry of foreign agricultural products into Indian markets. He added that safeguards for both small and large farmers remain firmly in place.

Chouhan underlined that key agricultural commodities continue to be protected and that existing measures shielding Indian farmers from unfair competition will remain unchanged. According to him, the agreement has been shaped under the leadership of Prime Minister Narendra Modi, with a clear focus on development and national interest.

Addressing concerns sparked by a recent social media post from a US official regarding greater access for American farm products, the Agriculture Minister said the matter had already been clarified in Parliament by Commerce Minister Piyush Goyal. He reiterated that India has not opened its markets in a way that would put pressure on domestic producers.

At the same time, the government highlighted potential gains for Indian exports. Reduced tariffs under the agreement are expected to benefit sectors such as rice, spices and textiles. Chouhan pointed out that India already exports rice to multiple countries, including the US, with shipments valued at around Rs 63,000 crore. Increased textile exports, he added, would directly support cotton-growing farmers and allied industries.

External Affairs Minister S Jaishankar also indicated that the trade agreement is now in its final stages. In a post on X following his visit to the United States, he described the negotiations as productive and said the deal would mark a new phase in bilateral relations. He noted progress in areas such as critical minerals, while signalling deeper engagement in defence, energy and strategic cooperation.

Officials view the agreement as part of a broader effort to strengthen India-US economic and strategic ties amid global uncertainty. While detailed provisions are yet to be made public, the Centre has reiterated that farmer welfare remains at the heart of the negotiations.

In an emotional appeal, Chouhan referred to farmers as the nation’s “Annadata” and said serving them was equivalent to worship. He assured that the government would continue to stand firmly with farmers as India charts a new course in its trade relationship with the United States.

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Punjab AAP leader Lucky Oberoi shot dead in daylight attack in Jalandhar

AAP leader Lucky Oberoi was killed in a daylight shooting in Punjab’s Jalandhar after attackers fired multiple bullets at him while he was inside his car.

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AAP LEADER Lucky oberoi

AAP leader Lucky Oberoi was shot dead in a broad daylight attack in Punjab’s Jalandhar on Friday after unidentified assailants opened fire at him near a gurdwara in the city.

According to initial information, Oberoi was inside his car near the Gurdwara Sahib in the Model Town area when attackers arrived on a two-wheeler and fired multiple rounds at him. Five bullets reportedly hit him during the attack.

He was rushed to a private hospital immediately after the shooting, but doctors declared him dead due to the severity of his injuries.

Attack near gurdwara, police launch investigation

As per preliminary details, Oberoi was parking his vehicle outside the gurdwara when the attackers struck. The shooting triggered panic in the area, prompting an immediate response from the local police.

A police team reached the spot soon after receiving information and has launched an investigation into the incident. Efforts are underway to identify the attackers and determine the motive behind the killing.

Political reactions after killing

Following the incident, Leader of Opposition in the Punjab Legislative Assembly, Partap Singh Bajwa, strongly criticised the state government, alleging a collapse of law and order in Punjab.

In a post on X, Bajwa said the daylight killing of an AAP leader outside a gurdwara reflected the deteriorating security situation in the state. He questioned the government’s ability to protect citizens, claiming that fear and gang violence were gripping Punjab under the current administration.

Background

Lucky Oberoi was associated with the Aam Aadmi Party in Punjab. His wife had earlier contested municipal elections as an AAP candidate but did not win.

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Pariksha Pe Charcha 2026: PM Modi to interact with students at 10 am today

PM Modi will address students across India at 10 am today as part of Pariksha Pe Charcha 2026, focusing on stress-free examinations and learning.

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Pariksha pe charcha

Prime Minister Narendra Modi will interact with students from across the country on Friday at 10 am as part of the annual Pariksha Pe Charcha (PPC) programme. The 2026 edition continues the initiative’s focus on reducing exam-related stress and encouraging students to prioritise learning over pressure.

In a message shared on X, the Prime Minister invited students, parents and teachers to watch Pariksha Pe Charcha 2026, noting that this year’s discussions will cover topics related to examinations, the importance of staying stress-free and maintaining focus on learning. He described the programme as a platform he enjoys, as it allows him to engage directly with young minds from different parts of the country.

Aligned with NEP 2020 vision

The Pariksha Pe Charcha initiative aligns with the National Education Policy 2020, which emphasises holistic development, mental well-being and a supportive learning environment. The programme seeks to transform how examinations are perceived by fostering confidence, positivity and celebrating the exam season as a learning festival rather than a source of anxiety.

According to an official release from the Ministry of Education, the Prime Minister has also shared his views on examinations and student well-being in his book Exam Warriors. Available in multiple languages as well as Braille, the book highlights the importance of self-belief and open conversations around stress so that children can enjoy a balanced and fulfilling childhood.

Student participation in pre-event activities

Conceptualised by the Prime Minister, Pariksha Pe Charcha introduces new and engaging elements every year. In the lead-up to the 2026 edition, several student-focused activities were organised across schools nationwide. These included the Swadeshi Sankalp Daud, a student-led run or walk promoting the spirit of self-reliance, along with quiz and writing competitions conducted at selected Kendriya Vidyalayas on Parakram Diwas.

The Ministry of Education stated that approximately 4.81 crore students participated in these pre-event activities, reflecting the scale and reach of the initiative.

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