2 December 2013 Current Affairs
Lakshmi Mittal Tumbles To 9th Spot In South Africa’s Rich Businessmen List
NRI steel baron Lakshmi Mittal, who was at the top in South Africa’s richest businessmen list for six consecutive years, has dropped down to 9th position this year due to plummeting share price of ArcelorMittal SA. Mittal has continued to drop down the rankings since last last year when he was ranked third after losing the top spot which he held for six consecutive years previously. This year Mittal took the 9th position.
Department of Posts launched ‘Express Parcel’ and ‘Business Parcel’ Services
The Department of Posts, Ministry of Communications & IT, on 2 December launched an Express Parcel service and Business Parcel Services for speedy delivery of parcels across the country. The services were launched by Smt. P. Gopinath, Secretary, Department of Posts, at a function organized at New Delhi G.P.O. Express Parcel is a premium parcel service for retail as well as bulk customers. It offered time bound, safe and secure home delivery of parcels. To have minimal transit time these parcels will be given airlift wherever needed.Bulk customers would also have an economical option of surface transported ‘Business Parcel’. These two new parcel services aim to promote the e-commerce market in India by offering reliable and cost efficient delivery solutions. Whereas ‘Express Parcel’ is an air mail service providing guaranteed time bound delivery of parcels, ‘Business Parcel’ will provide fast, secure and cost efficient transmission of parcels through surface. These services will have ‘Cash on Delivery’ facility which has become a pre-requisite today for e-commerce parcels.