Business – Page 586 – THE ECONOMIC INDIA

11 Nov

LIBERTY announced its Q2 and H1 ended 30th September, 2022 Unaudited Financial Results

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Anupam Bansal, Director, Retail, Liberty Shoes Q2/H1 FY 23 Revenue at Rs. 16,851/32,973 Lakh- Y-o-Y up by 51%/57% Q2/H1 FY 23 EBIDTA at Rs. 1,360/2,681 Lakh- Y-o-Y up by 136%/192% Q2/H1 FY 23 PAT at Rs. 587/1,135 Lakh- Y-o-Y up by 5649%/458% (Rs. in Lakh except EPS) Particulars Q2 (2022-23) Q2 (2021-22) Y-o-Y Growth/ (Decline) H1 (2022-23) H1 (2021-22) Y-o-Y Growth/ (Decline) Revenue from Operations 16,850.84 11,103.60 51% 32,972.94 20,934.87 57% EBIDTA* 1,360.28 575.63 136% 2681.82 918.83 192% EBIDTA* Margins (%) 8.07% 5.18% 289bps 8.13% 4.38% 375bps PBT 804.52 (10.59) 7697% 1,559.99 (317.07) 592% PBT Margins (%) 4.77% (0.09%) 489bps…

11 Nov

Changing Landscape of Careers in the Automotive Industry

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November 11: For every 60 Million vehicles produced, 9 Million people were employed The automotive industry is a major industrial and economic force around the world. The total automobiles sold around the world between 2005 and 2021 has been shown below : Even with the observable effect of the Covid-19 pandemic, the automotive industry did face a tremendous dip but it also did well in properly adjusting its course. The very nature of the industry (innovation driven) allowed nations to shift their focus towards better energy sources during the global “shutdown”. Thus, giving rise to new sectors and demand. Employment opportunities in the Automotive Industry The…

11 Nov

Dr. Vivek Bindra is coming to Mumbai for His Bounce Back Event: Great prospect for corporates, SMEs, MSMEs, Students and Businessmen

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November 11: Good news for all the corporate entrepreneurs, solopreneurs, students and many budding wantrepreneurs! Grab the chance to get mentored by one of the world’s leading Business Coach and International Motivational Speaker, who holds ten Guinness World Records for the largest webinars on diverse topics- Dr Vivek Bindra. The power-packed & popular business seminar- Bounce Back event will be held at Asia’s biggest Shanmukhananda Auditorium, Mumbai, on 20th November 2022, from 11 am to 3 pm. The highly sought-after event will take place under the guidance of renowned leadership consultant, corporate trainer & inspirational business coach Dr Vivek Bindra,…

11 Nov

Startup Story: Techspian Journey from Dreamers to the Times Achievers

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November 11: Techspian began its journey in June 2020 with 8 team members working passionately with the growth vision. Within a month of incorporation, they bagged their first project in the travel domain. In two years, Techspian grew to a team of more than 150 members of technologists and product champions that help many businesses in their technology transformation. The founding team dreamt of creating a learning organization. However, the virtual ecosystem brought many challenges to the table. Techspian set to re-invent the entire learning path at the organization. It required building capabilities and redesigning the learning path with technology…

11 Nov

LANXESS India wins the Digitech Front Runner of the year FICCI Award 2022

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Mumbai, November 11: LANXESS India has won the FICCI Chemicals & Petrochemicals Award 2022 for ‘Digitech Front Runner of the year’ category in chemical sector. Shri Bhagwanth Khuba, Union Minister of State for Chemicals and Fertilizers, Government of India presented the coveted award in the presence of senior officials from the department of Chemicals and Petrochemicals and other stakeholders of the sector. Balaram Khot, Additional Director & Head of PTSE and Bharat Meesala, Senior Manager, PTSE – Occupational Safety, Xact, Responsible Care and Trade Compliance received the Digitech Front Runner of the year award on behalf of LANXESS India at…

11 Nov

Star Impex Beverages announces the launch of CANCRO

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India’s first and only Deuterium depleted drink Mumbai, 11th November 2022: Star Impex Beverages, a globally known, homegrown brand with a legacy of 35 years, launches CANCRO, a revolutionary product in the field of medical therapy. CANCRO is the only Deuterium Depleted Drink in India, 2nd in Asia and perhaps one of the six brands worldwide to enter the depleted drink segment. Over the years, medical research has shown that decreasing the level of Deuterium in the tissues and organs is a natural biological process. However, the body’s ability to deplete Deuterium decreases as we get older, sick, and get…

11 Nov

Vintage Coffee and Bevarages bags ₹21 crore export orders

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New Delhi (India), November 2022: BSE Listed (BSE: 538920) Vintage Coffee and Beverages Ltd has informed the Exchange that it bagged orders worth ₹21 crore to export instant coffee to Russia and other CIS countries. The new orders will boost the order book position to ₹61 crore and help the company leverage its position in the fast-growing instant coffee market, managing director Balakrishna Tati said.Other group companies of Vintage Coffee and Beverages are in an advanced stage of finalisation of orders with European and West African customers for supply of consumer packs, the company said in a press communique. Vintage…

11 Nov

A first of its kind festival AGIF’22 to celebrate and recognize the animation talent with the motto “Animation For Everyone”

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70+ animation films from across the globe competing for awards and two special international film packages. Special film package screenings from Best of O!PLA Poland and Best of Annecy 2022. Live sessions with E. Suresh, Vaibhav Kumaresh, Pierre Sylvain Gires, the biggest names in the Indian Animation and Gaming scene and so much more. Partnering with recognised Institutes, bringing the best minds in animation education to discuss the roadmap of the future of design and animation. Mumbai (India), November 11: The Animators’ Guild of India brings to you the very 1st edition of its homegrown animation film festival that goes…

11 Nov

Vincitore Group founder Saubhagyaa R Swain soon to hit the Bloomberg billionaire Index

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November 11: The 31-year-old serial entrepreneur has already established a strong presence in several businesses through different brands. Becoming a billionaire is a milestone only a few can achieve. It takes a lot of talent, hard work, dedication, and perseverance to make the dream of becoming a billionaire a reality. For the serial entrepreneur and investor Saubhagyaa R Swain, who is blessed with these abilities and more, the key milestone is just a matter of time. Aged just 31, Swain is the founder of Vincitore Group, which has a presence in multiple businesses across the world. He is an entrepreneur,…

11 Nov

Aiming to disrupt the prop tech market, leading student accommodation platform University Living announces its global expansion and plans to hire 400+ members by FY23

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The platform aims to achieve a 3.5x growth year-on-year at a CAGR of 120% The hiring will spread across the verticals of expansion support, post-admission services, tech, product, sales, and business development New Delhi (India), November 11: University Living, a leading global student housing platform, has announced its global expansion to achieve accelerated growth at a CAGR of 120%. The new offerings by the brand would include helping students open student bank accounts, secure internships, and have access to Indian Food Services. The services come in addition to University Living’s existing one of facilitating accommodation, guarantor services, Forex, helping with…