What to watch. Gulf Oil ropes in Mahindra Logistics

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.