Business – Page 589 – THE ECONOMIC INDIA

07 Feb

NPST Reported 3.3x Jump In 9M FY23 Net Profit

BusinessBusiness

Mumbai (Maharashtra) [India], February 7: Network People Services Technologies Limited (NSE EMERGE – NPST), engaged in providing software and digital payment solutions to the banking and finance sector, has announced its unaudited Financial Results for the Q3 & 9M FY23. Financials at a Glance: For Q3 FY23: Total Income at ₹32 crore; a 127.59% YoY growth EBITDA at ₹43 crore; a 345.45% YoY growth EBITDA Margin was at 33.27%; higher by 1,627 bps PAT at ₹81 crore; a 1,031.25% YoY growth PAT Margin was at 17.56%; higher by 1402 bps Reported EPS was at ₹80; a 1,020% YoY growth For 9M FY23: Total Income at ₹72 crore; a 58.78% YoY growth EBITDA at ₹75 crore;…

07 Feb

Yokogawa Enters Investment and Collaboration Agreement with Ideation3X, a Startup Taking a Circular Economy Approach to Waste Management in India

BusinessBusiness

Bangalore (Karnataka) [India], February 7: Yokogawa Electric Corporation (TOKYO: 6841) announces that it has made a US$10 million Series B investment* in Ideation3X Pte. Ltd. (i3X), a Singapore-based venture company that is targeting the rapidly expanding integrated solid waste management (ISWM) sector in India with a process that adopts a circular economy approach. The two companies have also signed a business collaboration agreement. With this investment in the high-growth ISWM field, Yokogawa aims to develop its business in the Indian market. Founded in 2017, i3X has been backed since its inception by Unison Capital Group, a Japanese private equity firm. i3X possesses unique…

07 Feb

Shri Keshav Cement & Infra 9m FY23 net profit up 348%

BusinessBusiness

Mumbai (Maharashtra) [India], February 7: Shri Keshav Cement & Infra Limited (BSE – 530977), engaged in the manufacturing of Cement and Solar Power Generation and Distribution in the state of Karnataka has announced its unaudited Financial Results for the Q3 & 9M FY23. Key Financials at a Glance: For 3M FY23: Revenues at₹81 crore; up 20.53% EBITDA at₹40 crore; up 9.36% EBITDA Margin at 29.88% PAT at ₹39 crore, PAT Margin at 3.99% EPS at ₹16 For 9M FY23: Revenue at ₹94 crore; up 17.23% Revenues from manufacturing and trading in cement was at ₹95 crore as against ₹63.69 crore Revenues from solar power generation and supply…

07 Feb

India’s Youngest Entrepreneur Mohammad Afzan Hasan Purchased a New VIP Car

BusinessBusiness

New Delhi (India), February 7: It’s not every day that you hear of someone under the age of 17 stepping out of their comfort zone to buy a luxury car. But that’s exactly what Mohammad Afzan Hasan, India’s youngest entrepreneur has done – setting a record by buying one of the most expensive cars in India at the tender age of 17. Mohammad Afzan Hasan and his incredible journey from being an average student to becoming the owner of a luxurious Vip car. We’ll also discuss how he achieved success so young, and what it takes to become a successful entrepreneur…

07 Feb

Sushim Gaikwad & Karan Rajora win Dada Saheb Phalke IT award 2023 for best production house

BusinessBusiness

Mumbai (Maharashtra) [India], February 7: Sushim Gaikwad and Karan Rajora owning a production house named Rajora Entertainment for a long and they are doing several events, film making albums. Song-making under the Rajora Entertainment banner. Recently they launched their film ‘Ajmer Ki Gali’ both partners said their plans for the movie are different. They are collaborating with the southern industry also. Their core buss is finance & marketing. Sushim and Karan said their finance experience helped them a lot in the film industry, the film is all about finance and art, recently Dadasaheb Phalke IT 2023 award was held in Taj…

07 Feb

RupeeBoss Financial Services launches “MSME Bharat Manch” – A Nation-wide Initiative to Empower MSMEs

BusinessBusiness

Chennai (Tamil Nadu) [India], February 7: In a major development in MSME Ecosystem space Rupeeboss.com -MSME loan Fintech which is a National distributor for 100 plus Banks and NBFC’s for MSME loans has launched MSME BHARAT MANCH – A Nation-wide Initiative, to create an empowering ecosystem to help scale MSME sector in a big way. Mr. PN Shetty CEO and Founder with his entire Senior management team and Ecosystem Partners from across the country were present in the Business Leadership League – 5 Trillion dollar economy event held in Chennai on 4th Feb 2023. Mr. Shetty has the vision to connect partners…

07 Feb

AKARA’s Comprehensive Solutions for Achieving Your Desired Body Shape

BusinessBusiness

AKARA’s Comprehensive Solutions for Achieving Your Desired Body Shape New Delhi (India), February 7: Do you struggle with managing weight, body posture, gut health, and other related health issues? While intense workout sessions can certainly help, they may not be the only solution. Sometimes, additional care and attention are needed to reach optimal health and physical fitness. One alternative approach is non-invasive weight loss, which is becoming increasingly popular as a way to achieve your desired body shape without surgery or invasive procedures. Non-invasive technology for weight loss is becoming increasingly popular to shed unwanted pounds without the need for invasive…

07 Feb

Indong Tea Company Ltd’s Rs. 13 crore public issue on BSE SME platform opens for subscription on February 9

BusinessBusiness

Sri Hariram Garg, Managing Director, Indong Tea Company Ltd Company to issue 50.04 lakh Equity shares of Rs. 10 face value at a price of Rs. 26 per share; Propose to list on BSE-SME Exchange Highlights:- · Public issue opens for subscription from February 9 and closes on February 13 · Minimum lot size for application is 4,000 shares; Minimum IPO application amount Rs. 1.04 lakh · Funds raised through the issue will be used to fund expansion plans including installation of new plant & machinery, meeting working capital requirements for the company’s business activities etc · Indong Tea Estate…

07 Feb

ADN Broadband aims to become a pan-India ISP provider

BusinessBusiness

New Delhi (India), February 7: ADN Broadband, aims to emerge as a pan-India internet services provider in the coming years and promote the Digital India initiative to the next level. Led by Rajiv Sethi, one of the pioneers of the cable TV business in India. DENADN, his endeavor, has been in the cable TV business for the last 30 years. ADN Broadband was established by Mudhit Sethi thereby diversifying into broadband and related services, thus carrying Rajiv Sethi’s legacy, and has attained phenomenal success so far. ADN Broadband started in Delhi in the year 2020 and has now established a…

07 Feb

Digital marketing is no more an option for businesses but a must: Saurabh V Gosain, Founder of Excel Range Media

BusinessBusiness

New Delhi (India), February 7: Digital marketing is no longer an option for businesses but the need of the hour, according to Saurabh V Gosain, Founder of Excel Range Media, India’s leading digital marketing agency. Mr. Gosain established Excel Range Media in 2015 to cater to the booming field of digital marketing. It was among the first agencies to provide a whole bouquet of digital marketing services, and that too, much before digital marketing became the buzzword that it has now. “Our vision revolves around the belief that digital marketing is no longer an option for businesses, be it a…