Business – Page 364 – THE ECONOMIC INDIA

28 Jul

Construction Tech Startup, ProjectHero, Launches Ustaad AI to Revolutionize Construction Training

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New Delhi (India), July 28: In a move aimed at accelerating the digital transformation of the construction industry, ProjectHero, a membership-driven professional network for the construction industry, has introduced an innovative AI chatbot, Ustaad AI. With this unique addition, construction workers and small to mid-sized contractors can now enhance their skills and knowledge swiftly and make their work more efficient. The integration of Ustaad AI within the ProjectHero app will allow construction workers to access training materials so that they can learn about various essential aspects of construction work. From understanding safety regulations to obtaining minute details regarding the field, the…

28 Jul

Shubham K Mart Launches Mega Store in Surat with India’s Biggest Discount Offer

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Surat (Gujarat) [India], July 28: Shubham K Mart, India’s rapidly growing hypermarket chain, has set its sights on the diamond city of Surat as it announces the grand opening of its megastore with an unprecedented discount offer on July 28. Shubham k mart launched Mahutsav offer 28 to 30 where we will be providing free gifts to the first 2000 customers for 3 days 28 to 30. Headquartered in Raipur, Shubham K Mart has already established its presence in Chattisgarh, Gujarat, and Rajasthan. Now, it ventures into the rapidly growing Jahangirpura area of Surat, offering customers an unbeatable range of discounts…

28 Jul

Necessary Measures for India’s Economic Competition with China

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New Delhi (India), July 28: In a parallel reminiscent of China’s economic rise in 2007, the Indian economy has recently crossed the $3.5 trillion mark, according to Moody’s. Projections from the International Monetary Fund (IMF) suggest that India’s economy will surpass $3.7 trillion this year. However, despite these similarities, there are significant points of divergence that have implications for India’s growth trajectory. One crucial distinction lies in the drivers of growth between the two nations. China’s remarkable ascent was propelled by investments and exports. From 2003 to 2011, China maintained an average investment-to-GDP ratio of 40 percent, whereas India’s investment…

28 Jul

An Indian Company, Neonicz Software Solutions, and Liberia Telecommunication Corporation Signed MOU to Strengthen Technological Advancement in Liberia

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Thiruvananthapuram (Kerala) [India], July 28: Neonicz Software Solutions Private Limited, an Indian-based technology company, is delighted to announce its new partnership with Liberia Telecommunication Corporation (LTC), a prominent state-owned entity in the telecommunications industry. With a shared commitment to serving people through the Government of Liberia, this partnership aims to drive growth and success for both entities. The signing of the Memorandum of Understanding (MOU) between Neonicz Software Solutions and LTC signifies a momentous occasion, marking the beginning of a new chapter for both organisations. Archa GS, CEO of Neonicz Software Solutions, and Richmond Tobii, CEO of Liberia Telecommunication Corporation,…

28 Jul

Share India Securities Ltd. Reports Stellar Earnings for Q1FY24, PAT Jumps 39% YoY

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New Delhi (India), July 28: Share India Securities Ltd. (BSE: 540725, NSE: SHAREINDIA), one of India’s leading tech-based financial services-provider, in its board meeting held on July 25th, 2023 has approved the unaudited Financial Results of the Company for the First Quarter ended on 30 June 2023. The board further approved declaration of the 1st interim dividend of Rs. 2 per share for FY 23-24. Consolidated Financial Performance Comparison – Q1FY24 v/s Q1FY23 Revenue from Operations grew by 20.15% from Rs. 23080 Lakhs in Q1 FY23 to Rs. Rs. 27730.82 Lakhs in Q1 FY24 primarily driven by growth in share…

27 Jul

Wockhardt Ltd aims to turnaround business operations with restructuring of US operations and vaccine tie-up with Serum

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Company reports strong performance in Q4FY23 with 3 fold jump in EBITDA Mumbai (Maharashtra) [India], July 27: Wockhardt Ltd – global pharmaceutical and biotechnology is aiming to turnaround its business operations and has perused important strategic initiatives for the same. Company is eying big on the restructuring of the US Business, vaccine tie-up with Serum for vaccine manufacturing in UK and Novel Antibiotics research to drive the business forward. For the Q4FY23, company posted strong operational performance with 7% Y-o-Y growth in revenue with three fold jump in the EBITDA to Rs. 47 crore. In the restructuring of its…

27 Jul

FlexyVo: Revolutionizing Business Operations with Affordable Virtual Offices for Businesses looking to expand in the United States

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Flexy Virtual Office – FlexyVo Mumbai (Maharashtra) [India], July 27: Are you an ambitious entrepreneur seeking to put your company on a path of exponential growth? Flexy Virtual Offices (FlexyVO) is a virtual office solution designed to streamline business processes for a wide array of industries. With a primary focus on catering to ERP system integrators, outsourcing companies, Amazon retailers, web development companies, and Indian Notaries, FlexyVo is set to empower businesses with growth. Flexy offers flexible, cost-effective virtual office and business solutions tailored to any specific need. In an ever-evolving business landscape, the importance of agility and adaptability cannot be…

27 Jul

CSCs Catalyzing New India’s Techade: Transforming Governance & Digital Economy

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New Delhi (India), July 27: On 26th July, CSC SPV celebrated its 15th establishment day with the subject- Transforming Governance & Digital Economy. The program was held in New Delhi in the August presence of Shri Alkesh Kumar Sharma, Secretary, MeitY, Shri Gautam Chakraborty, CEO, GAIL India, Shri K Vinod, General Manager – HPCL and Ms. Richa Mukherjee, Director – PayU India. During the programme, Shri Alkesh Kumar Sharma said, “CSCs have played a significant role in promoting rural enterprise and Digital Inclusion, mainly for rural citizens. To fulfil the last mile gap, the role of CSCs will be very significant.…

27 Jul

EEMA Races Ahead In the War of Copyright!

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New Delhi (India), July 27: As the event industry in the country undergoes significant transformations, The Event & Entertainment Management Association – EEMA, once again races ahead in advocating nonpayment of royalties to music licensing companies for any religious ceremony, including weddings, which has been upheld by the Govt. of India. EEMA happily welcomes the recently issued notice by the Ministry of Commerce & Industry, Department of Promotion of Industry & Internal Trade (Copyright & Design Section). The concern of paying music royalties to various licensing bodies for the use of music work or performance in various wedding functions has become…

27 Jul

Mr. Shiva Ramarthi: Leading Dreams Worldwide with Uniplus

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Mr. Shiva Ramarthi, CEO, Sri Jay Group New Delhi (India), July 27: Meet Mr. Shiva Ramarthi, the inspiring CEO of Sri Jay Group, a company that invests in new businesses. He has been with the company from the start and also founded some successful startups of his own. Mr. Shiva Ramarthi has taken a big step by launching Uniplus, an overseas education consultancy under Sri Jay Group, which helps students easily study abroad, making their dreams come true. Mr. Shiva Ramarthi believes that education is the key to success. He knows how important it is to get a good education and…