Business – Page 400 – THE ECONOMIC INDIA

30 May

Innovating Monetization Strategies: How Magazine Publishers Thrive in the Digital Era

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New Delhi (India), May 30: Magazine publishers are struggling with the necessity to modify their business models in an era where digital media predominates in order to remain viable. The sustainability of magazine publishers depends on their capacity to investigate new revenue streams as traditional media spending declines and digital platforms assume a dominant role in the media landscape. Magazine publishers can access revenue sources like syndication, IP licencing, branded content, and more by using their unique content. And surprisingly, Indian publishers have adopted these cutting-edge economic models, while Western publishers are only now starting to experiment with them, demonstrating an…

30 May

Lincoln Pharmaceuticals Ltd achieves the milestone of Rs. 533 crore Revenue and Rs. 100 crore Profit before Tax for the first time in a Financial Year for FY2022-23

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Mr. Mahendra Patel, MD, Lincoln Pharmaceuticals Ltd FY23 Results Highlights:– (Standalone) · Net Profit Reports Y-o-Y growth of 5.11% to Rs. 72.90 crore; · Total Income reports Y-o-Y growth of 10.52% to Rs. 532.79 crore; · EBITDA reports Y-o-Y growth of 5.86% to Rs. 111.65 crore. · Company recommends 15% dividend, Rs. 1.5 per share for FY 23 Q4FY23 Results Highlights:– (Standalone) · Net Profit Reports Y-o-Y growth of 14.00% to Rs. 12.56 crore; · Total Income reports Y-o-Y growth of 11.47% to Rs. 116.41 crore; · EBITDA reports Y-o-Y growth of 6.26% to Rs. 20.54 crore. Ahmedabad (Gujarat) [India], May 30: Lincoln Pharmaceuticals Limited, one of India’s leading healthcare companies, has achieved the milestone of Rs. 533 crore in Revenue &…

30 May

BigBloc Construction Ltd Reports Net Profit of Rs. 30.14 crore in FY23, rise of 87.4% Y-o-Y

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Mr. Narayan Saboo, Chairman & Managing Director, Bigbloc Construction Ltd Business Highlights: – · Commenced commercial production at its 5-lakh cubic meter per annum AAC Blocks plant at Wada in Palghar, Maharashtra · In joint venture with Thailand’s SCG Group, setting up a 3 lakh cubic meter per annum plant for ALC Panels and AAC Blocks at Kapadvanj near Ahmedabad, Gujarat and has acquired 60,000 sq mtr land for the project. The plant is expected to start commercial production in FY23-24. · Expects to generate 2.5 – 3 lakh units of carbon credits per annum post all expansions are completed. BigBloc…

30 May

Fuelling Start-up Success: Neel Shah’s Mentopreneur Leads the Way in Strategic Brand Building

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Neel Shah, Founder, Mentopreneur Mumbai (Maharashtra) [India], May 30: In the dynamic realm of start-ups, where dreams soar and innovation knows no limits, there exists a towering presence that illuminates the path to entrepreneurial triumph – Mentopreneur, a premier brand consultancy firm in India, dedicated to empowering founders and start-ups in their extraordinary journey towards success. Mentopreneur is led by visionary marketing maverick Neel Shah, whose prolonged 11-year career and an impressive portfolio of 100 brands have altered the landscape of brand strategy. Neel Shah, The ‘Chief Mentor’ at Mentopreneur, is well-acquainted with the realm of brand building. His entrepreneurial…

30 May

Unified Capital and Investments Sets its Sights on Delhi: Unveiling of New Office Signals Expansion into Delhi NCR!

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New Delhi (India), May 30: Brace yourselves for the groundbreaking news as Unified Capital and Investments, a distinguished force in the financial realm, takes a leap forward with the eagerly awaited grand opening of its spanking new office in Delhi. This daring manoeuvre brings the company’s unmatched expertise and top-notch services within arm’s reach of the vibrant and pulsating financial terrain of the National Capital Region (NCR). With a headline that packs a punch and an atmosphere of exhilaration that lingers, Unified Capital and Investments pulls back the curtain on its shiny new office, signifying a monumental milestone in their…

30 May

Paving the Way for Future Creatives – AVGCI Launches with a Memorable Studio Tour

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Hyderabad (Telangana) [India], May 30: In an inspiring event that left students brimming with excitement, Mr. Mike, Founder and CEO of Rotomaker, launched the highly anticipated AVGCI (Animation, Visual Effects, Gaming and Comics) Multimedia Training Institute during a captivating studio tour. The event served as a platform to showcase AVGCI’s unique selling propositions, highlighting its pivotal role in shaping the future of the creative industry. The studio tour, a testament to the visionary leadership of Mike, served as an immersive experience, offering students a glimpse into the world of cutting-edge visual graphics and cinematic excellence. Walking through the state-of-the-art facilities,…

30 May

Veerhealth Care Ltd turnaround business operations; Company Reports Net Profit of Rs. 1.58 crore in FY23

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Gujarat (India), May 30: Veerhealth Care Ltd – engaged in the business of ayurvedic, herbal and personal care products has successfully turnaround its business operations in FY23. Company has reported net profit of Rs. 1.58 crore and revenue from operations of Rs 13.27 crore in FY23. Company also successfully completed preferential issue of Rs. 5.90 crore to fund its expansion plans. For FY23, company reported revenues of Rs. 13.27 crore, 38% growth YOY as against revenue of Rs. 9.62 crore in FY22. Company reported net profit of Rs. 1.58 crore in FY23 as against loss of Rs. 9.6 lakh in…

30 May

BST Infratech Ltd. is set to grow bigger in 2023-24

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Kolkata (West Bengal) [India], May 30: BST Infratech Ltd. is one of the largest manufacturers, suppliers and exporters of superior-quality Iron & Steel Products. Established in 2007 by Sri Gopal Kumar Agarwal, the company grew exponentially throughout the years and has become an integral part of India’s ever-growing, progressive and advanced iron and steel industry. The company has been around for 16 years, and in these years, they have become a very popular brand among its customers. The founder of BST Infratech Ltd., Shri Gopal Kumar Agarwal, currently serves as the Managing Director of the company. In the context of…

30 May

Mobile Access and On-Site Efficiency: The Role of Cloud Technology in Construction

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Mr. Vijay Gupta, CEO and Founder at SoftTech Pune (Maharashtra) [India], May 30: The construction industry has witnessed a transformative shift with the emergence of cloud technology. By leveraging mobile access and cloud-based applications, construction professionals now have the ability to enhance on-site efficiency and productivity. This blog explores the various ways cloud technology has revolutionized the construction industry, improving mobile access to critical project information and streamlining on-site operations. Mobile Access to Critical Project Information Gone are the days of carrying around stacks of blueprints and paperwork on construction sites. Cloud technology empowers construction teams to access vital project…

30 May

Cressanda Solutions receives work order from Eastern Railways to provide advertisement and Concierge Services in over 500 trains

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Company has appointed Veteran of Railway sector – Mr. Satya Prakash (Ex member of Railway Board and Former Senior Executive of Railways, IIT Delhi 1974 Alumni) as an advisor on the board Mumbai (Maharashtra) [India], May 30: Cressanda Solutions Ltd – leading company providing IT solutions, digital media and IT enabled services has received the work order from Eastern Railway for providing advertising and concierge services in trains. Company has paid the requisite 1st quarter license fees and securities deposit to the railway authority. The contract will be commenced within 60 days of the receipt of Work Order. Company has appointed Veteran…