Business – Page 755 – THE ECONOMIC INDIA

31 Mar

LANXESS sales up 23.8 percent year-on-year at EUR 7.557 billion in fiscal year 2021

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Mumbai, March 31: LANXESS closed fiscal year 2021 successfully. Despite immense increases in energy, raw material and freight costs, the specialty chemicals company significantly improved its sales and earnings. Group sales amounted to EUR 7.557 billion in 2021, up 23.8 percent on the previous year’s figure of EUR 6.104 billion. EBITDA pre exceptionals increased by 17.2 percent to EUR 1.010 billion compared with EUR 862 million a year earlier. Earnings were therefore within the guided range of EUR 1 billion to EUR 1.05 billion. The good results across all of the Group’s segments were mainly driven by strong demand from…

30 Mar

ShortGun – India’s answer to Meta?

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Jeet Chandan & Vidhit Mehta of Shortgun March 30: ‘The best way to predict the future is to create it’ said Peter Drucker and it is this quote that Mumbai-based serial entrepreneur Jeet Chandan lives by. Jeet is the founder of a Startup Investment & Consulting Firm ‘Entremax’ which helps startups to build digital brands and also gives opportunities for venture funding. Apart from these two the other ventures this young entrepreneur has are Bizdateup – a business networking platform, Internkhoj – an intern hiring platform, and Vipani – a paper trading simulator. Jeet has been working on the final…

30 Mar

The Team of Acadza Talks about Using Modern Technology in the EdTech Venture and More in an Insightful Interview

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The company provides JEE/NEET aspirants with live coaching and automated tools to help them with their preparations March 30: Acadza, a promising EdTech startup, provides JEE/NEET aspirants with end-to-end coaching and multiple digital tools to help them prepare for the prestigious examinations. Founded by Anshul Singhal, the company aims at using technologies like AI and machine learning to leverage the learning experience of the students. Given the nickname of Dost, different digital tools built by the EdTech venture cater to the different aspects of preparing for examinations. In a recent interview, a few members of the Acadza team answered questions…

30 Mar

Sehdev Packers and Movers has become India’s leading relocation service provider company

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March 30: Are you looking to relocate your house, move your bike to another destination, shifting of commercial space, car, etc.? If yes then you are in the right place to discover India’s best company, Sehdev Packer and Movers in the relocation services, offering packing and moving solutions for the last one-and-a-half-decade. With a highly professional and experienced team, Sehdev Packers and Movers has become a name to reckon with in the fast-moving relocation services in India. Furthermore, the company knows this industry and can efficiently transport all your things Sehdev’s tagline is ‘Aapke Safar Ka Saathi Taaki Aap Suffer…

30 Mar

Mogul Kitchen, Frozen Kebabs & Snacks: The Next Big Thing In Kebab Industry

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New Delhi (India), March 30: Mogul Kitchen manufactures authentic traditional taste frozen kebabs with a higher level of hygiene. The company manufactures the best quality frozen kebabs at their unit situated in Ghaziabad, UP in India. Mogul Kitchen is rolling out some scrumptious products by maintaining their original taste. The products sold in Mogul Kitchen’s retail packaging are Chicken Galawati Kebab, Chicken Seekh Kebab, Chicken Pop Corn, Chicken Boti Kebab, Chicken Malai Boti, Chicken Shami Kebab, Chicken Burger Patty, Chicken Kofta (Meatball), Chicken Sausage, Chicken Salami. In the words of Mogul Kitchen’s Director, Mr. Iftakhar Nadime, “We use state-of-art machinery and…

30 Mar

JSP Motors Launches ‘Speedy Wheelz’ – Bengaluru’s first pre-owned luxury car showroom

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Bangalore (Karnataka) [India], March 30: Leading auto firm JSP Motors recently announced the launch of ‘Speedy Wheelz’, a first-of-its-kind pre-owned luxury car showroom in Bengaluru. Spread across 8000 sq ft, Speedy Wheelz prides itself as Bengaluru’s first elite showroom for pre-owned luxury vehicles; and aims to be a one-stop destination for pre-owned luxury vehicles providing buying, selling, servicing, detailing, insurance, car modification, and much more, all under a single roof. Speaking on the launch of Speedy Wheelz, Ms. Sivapriya, Managing Director of JSP Motors, said, “We are very excited to have launched our first-ever showroom for Speedy Wheelz here in…

30 Mar

How FI-MEN, a technology, is helping in mobilising finance for EVs in India

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By Ashok Mittal, CEO, Prest Loans, Brajendra, CEO, Finayo, Bakesh, COO, Yogesh CAO, Kamal CTO, Sanjay Mentor. New Delhi (India), March 29: India is inching toward becoming a fully Electric Vehicle (EV) nation by 2030 with optimistic sales figures and the unveiling of a host of new models by automobile manufacturers. According to a recent report by research firm JMK Research and Analytics, the consolidated sales of EVs in the country clocked 50,000 units in December last year, registering a 240 per cent Year Over Year (YoY) growth compared to December 2020. With the Omicron lead wave subsiding coupled with…

30 Mar

Inauguration of SSIPL Dealership Outlet at Ahmedabad, Gujarat

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SCHWING Stetter India Pvt Ltd M Sezhiyan, National Head CE Business, PN Krishna Kumar, Director, V G Sakthi Kumar, Managing Director, Dealer: Shreenathji Infra Equipments, Vibhor Parikh, Dealer Principal March 30: SCHWING Stetter India, a 100% subsidiary of the Schwing Group of companies GmbH, Germany, was incorporated in 1998. We are the pioneer of Concrete Construction equipment manufacturers in India, catering to the customers with world-class concreting equipment. SCHWING Stetter India has introduced path-breaking products in the Indian concrete industry and leading the Indian concrete equipment industry since 1998. Schwing Stetter, India’s No.1 concrete Equipment Company in partnership with world No.3…

30 Mar

WAPTAG to host Water Expo from March 31 to April 2 in Gandhinagar

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Gautam Bhai Shah – Treasurer, Rishabh Sanghvi – Vice President, Ashit Doshi – President, Bhupesh Patel – Secretary, Hemant Shah – Dy. Secretary, Sachin Ringwala – Exhibition commitee Head The Expo will see over 220 exhibitors from across the world, who will showcase the latest technologies in the water and wastewater management sectors. Ahmedabad (Gujarat) [India], March 30: The Water Purification & Treatment Association of Gujarat (WAPTAG), the leading association of the water purification and treatment industry, is hosting the WAPTAG Water Expo 2022 at Mahatma Mandir in Gandhinagar from March 31 to April 2. WAPTAG Water Expo 2022, the sixth…

30 Mar

How color impacts your purchase decisions?

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March 30: No matter how much people give credit to their purchase decisions based on their strictly selective choice, independent of any condition, color of a product or a brand greatly influences consumer buying decisions. Colors have the power to evoke emotional responses in people. Not only this, colors convey the essence of a certain product or a brand. Moreover, human brain prefers the stuff that is easily seeable, understandable, and invokes positive feelings. Not only the product purchasing but also the timing of purchase is influenced by the colors that brands use to create a sense of urgency. For…