Stocks

Gulf Oil ropes in Mahindra Logistics

| Updated on February 11, 2019

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Gulf Oil Lubricants India on Monday announced its association with Mahindra Logistics. The tie-up is to strengthen Gulf Oil’s supply chain and implement its post GST consolidation strategy, which is focused on achieving efficiencies in total cost. Accordingly, Mahindra Logistics has set up a central distribution centre in Chennai with the aim of serving the entire product portfolio of Gulf Oil. Shareholders of both companies will closely monitor the execution.

Published on February 12, 2019

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