- Blue Dart Express Ltd. was incorporated on 5th April. The companywas converted into a public limited company on June 15th 1994 and thecertificate of incorporation on change of name was issued on June 17th 1994.

- The Company is engaged in the courier business for carriage anddoor-to-door delivery of commercial documents samples panels andprinted matter in India and throughout the world.

- The Company was promoted by Tushar Jani Clyde Cooper and KhushrooDubash.

- The name of the firm was changed to Blue Dart Express on October 1st 1990 and the firm was registered as a private limited company on April5th 1991.

- The Company acquired developed and set up a centralisedinternational and domestic super hub with computerised links to all itmajor centres.

- The Company also plans to link its major centres by satelite verysmall Aperture terminals. The Company proposes to add to its existingfleet of light commercial vehicles and pick up vans at various placesto cater to the growing business needs.

- Some of the new products include:

- (i) Voice Dart: This is 24hr. hotline available to the customer inselected cities of the country. It is an interactive voice responsecomputer system that enables customers to access key informationregarding the range of services offered by the company to track thestates of their consignment and leave messages via a mailbox all in avoice form;

- (ii) Power Dart: a software-run-system which is installed at thecustomer premises. Through a dial-up computer modem installed at thecustomer premises he can directly access the company's database andretrieve relevant information of his shipments;

- (iii) Dart Collect: Offers the overseas consignees receivingshipments from India the facility to pay the freight changes inforeign currency;

- (iv) Dart Apex: This is a day definite door-to-door product forshipments above 20 kgs. travelling to select cities within the companynetwork;

- (v) IXF-2: This is a day definite door-to-door service forinternational shipments weighing above 45 kgs. to destinations in theUSA.

1992

- The Company finalised negotiations with Federal Express InternationalInc. in respect of Global service program contract and with federalExpress Corporation in respect of Trademark use Agreement and End UserAgreement for cosmos software.

1993

- The Company introduced barcode scanners and bar coded Air waybills toenhance the quality of tracking operations. The company has more than400 users who communicate through E-Mail.

- The Company was appointed as General Sales agent in India of GederalExpress enabling the company to pickup heavy weight commercialshipments for door-to-door delivery.

1994

- A New product `Dart Apex' for door to door shipments above 20 kgs waslaunched. Other systems installed to offer greater reliability tocustomers are oracle platform bancode technology etc. The Cosmat IIhas enabled decentralisation of Company's operation.

- The Company acquired premises in Bangalore for provision ofwarehousing facility.

- 60 50 000 No. of equity shares of Rs 10 each issued subscribed andpaid-up (1 00 000 shares to promoters on 5.4.1991; 1 00 000 Rightsequity shares in proportion 1:1 on 11.10.1993; 24 00 000 bonus equityshares allotted on 6.1.1994 prop. 1:12; 32 50 000 bonus equity allottedon 3.6.1994 in prop. 1:1.25; 2 00 000 shares toemployees/directors/associates on 13.6.1994); 25 50 000 No. of equityshares of Rs 10 each were issued at a premium of Rs 140 per share tothe public in September 1994. (25 50 000 shares partly paid up).

- The Company has established computer installations at 38 majoroffices.

1995

- VSATs were installed at eight locations across the country to helpE-mail networks in India as well as the Domestic (Cosmat-2) andinternational (cosmos) tracking system and central aviation loadbooking systems (SMART).

- Two software packages viz. `Powerdart' using which the customer canlog into the Company's database and access data relating to hisshipments and the other one `Faxdart' is a tool to automatically fax tothe customer relevant information about his shipments was developedduring the year.

- The Company acquired 2 Boeing 737-200 aircraft offered by IndianAirlines. The aircrafts were sent to USA for conversion from passengerto cargo version and named as "vision I" and "vision II".

- The Company proposed new ATA (Airport to Airport) DTA (Door toAirport) and ATD (Airport to Door) Products.

- The Company signed an agreement with Federal Express InternationalInc. through which it became the official GSA of Fed Ex in India.

- The Company entered into an agreement for purchase of 35 000 sq. ft.of land situated in the vicinity of International Airport forconstructing Superhub & Technology centre for housing the company'scommunication and data processing facilities.

- Blue Dart Aviation Ltd. is a subsidiary of the Company and launcheddoor-to-door domestic express cargo aviation system.

- The Company signed an agreement with Federal Express InternationalInc. through which it became the official GSA of FedEx in India forair freight products.

- FedEx has taken a significant step forward to receive the ISO 9001certification and is the first Express Company in the world to havereceived this certification.

1996

- The Company has developed two software packages - namely `Powerdart'and `Faxdart.'

- The Company has entered into an agreement with its wholly ownedsubsidiary company for lease of the 2 aircraft.

- The Company has received a `AA-' rating for its proposed issue of Rs.15 crores Non-convertible debentures to be issued on a privateplacement basis from Credit Rating Information Services of IndiaLimited for this instrument.

- The Company has entered into a commercial understanding with itswholly owned subsidiary Blue Dart Aviation Limited whereby the Companyhas hired the entire aircraft payload capacity of two B737-200 cargoaircraft of approximately 16 tonnes per aircraft.

- 2 50 000 shares issued (prem. Rs 35 per share) on conversion ofwarrants.

1997

- The Company has signed a new 5 year Global Service Program Contractwith Federal Express (FedEx) which became effective from 1st October.

- The company has entered into various strategic alliance withregional/express courier companies in lieu of expanding its marketshare.

- Blue Dart recently became the first Express Company in India to getthe ISO 9001 Certification.

- Federal Express Corporation (FedEX) the world's largest expresstransportation company will enter the Indian air express marketthrough a new agreement with Blue Dart India's express company.

- The Company has launched its "Smart Box" in the eastern region tocater to the needs of small business. 1998

- The Company had undertaken with the set up of the aviation system was completed during the financial year under consideration.

- The Company has set up customs bonded warehouse at Chennai Mumbaiand Calcutta and transhipment facilities at all the 5 major domesticairports through which it operates.

- The Company has entered into appropriate interline agreements with 9international carriers viz. Air India Air France British Airways Emirates Singapore Airlines Swissair Air Canada Cargolux and FedExfor movement of interline cargo.

- The Company has issued 23 00 000 debentures of the face value of Rs.100/- each aggregating to Rs. 2300 lakhs to Newfields Holdings Limited.

- The Company has subscribed to the Rights issue of 100 lakh shares ofRs. 10 each aggregating to Rs. 1000 lakhs of Blue Dart AviationLimited - a 100% subsidiary.

- The Company has entered into lease agreements for the rental ofproperty vehicles computers equipment and other assets.

- Blue Dart Aviation a subsidiary of Blue Dart Express Limited hasintroduced India's first load and trim software for their Boeing 747flights.

- Blue Dart Aviation Ltd a wholly-owned subsidiary of Blue DartExpress Ltd is to establish a hangar facility at Chennai airport.

- Blue Dart has already signed an agreement with Lufthansa Cargo.

- Debentures were converted into 3 066 667 No. of equity shares of Rs10/- each at a premium of Rs 65 per share.

1999

- The Company has launched its services in the Kashmir Valley. Thecompany has entered into a regional service participant (RSP) agreementwith Priority Courier Services to service the Kashmir Valley region.

- The company hasreceived A+ rating from Crisil for its proposednon-convertible debentures.

- The Company will be setting up its Business Logistics designs.

2000

- Duff and Phelps India has assigned a D1+ rating to the Rs 10 crore CPissue of the company.

- BDEL claims to be the largest express company in the country.

- Blue Dart has a tie-up with Federal Express for this business. BlueDart is the leader in the domestic courier industry with a market shareof around 36 per cent.

- The Company has entered into a strategic alliance with Super FastCourier Service in the east as part of its move to expand its reach inthe secondary markets.

- The Company the country's largest integrated air express company has tied-up with China Airlines.

2001

- Domestic courier major Blue Dart Express has declared a 1:1 bonus.

- Blue Dart Express Ltd. India's leading integrated air express andlogistic service provider has signed an exclusive agreement with CrownCouriers a leading courier company.

- Blue Dart Express Ltd integrated air express and logistics company has opened its office in Bangalore strategically located close to theairport.

2002

-Company has high load factor of 86% on its aircraft.

-Ties up with DHL Worldwide Express which is a five year sales alliance.

-Llyod's Register Quality Assurance certifies the company's new global standard ISO 9001:2000 for all its products/services.

-Enters into an interline agreement with South African Airways.

2003

-Begins customer satisfaction standard 'net service levels' .

-Acquires 4th aircraft Boeing 737 as part of its fleet expansion plans.

-Mr Kushroo Dubash Director along with his family members purchases 6415 shares.

-Places 90-day Commercial paper at 5% with a state run bank for Rs.5 cr.

-Bhiwandi emerges as a warehousing hub for the company.

-Blue Dart inks pact with Sri Lankan Airlines

2004

-Blue Dart joins hand with Hayleys

2007