Business – Page 874 – THE ECONOMIC INDIA

24 Mar

Alice Blue witnesses 70% YOY growth in active client base

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India, March 24: Alice Blue has witnessed robust growth among its customer base and corresponding investment in the stock markets. The company has seen a noteworthy in the number of new demat accounts opened signaling on boarding of new customers. New demat accounts opened in FY 2019 increased by around 300% compared to FY 2018. The growth continued from FY 2019 at about 240% in FY 2020. Similarly, in FY21 as well with an overall increase of 70% YoY in the total clients at Alice Blue. During the first quarter of 2022, Alice Blue has seen an addition of 20%…

24 Mar

SOLO becomes the first Indian brand to enter the global office stationery and supplies market

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Delhi [India], March 23: The ‘SOLO’ brand of Filex Systems Private Limited, plans to become India’s lone office supplies and stationery company to expand its global footprint with presence Middle East and African markets, building on its presence in 6 countries. The SOLO brand was founded in 1996 by Amit Gupta out of a pure desire to change the perception of office stationery and supplies in India. High-quality, innovative, and international-standard products paved the way for the brand to become India’s go-to option for premium office stationery. The company offers products in the categories including files, folders, desktop organizers, writing…

23 Mar

Jyotsna Reddy launches Innovation – centric Beauty brand Glam Hour

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Glam Hour’s Good Formulas for Complexion Perfection & Healthy Skin New Delhi (India), March 23: Beauty has risen to flourish at peak level post-pandemic. The trend now revolves around Hybrid products that have excellent characteristics of Makeup and skincare. Complexion products are coming up with Bridge formulations. Glam Hour’s exclusive range of foundations is an excellent place to start if you want smooth yet skin-friendly formulas. Their formulations can be incorporated into a makeup regimen without worrying about skin inflammation when it comes to foundations. The products of this range are specially formulated with a good blend of oils and…

23 Mar

ANVI introduces India’s first AI powered alternative digital bank to deliver financial inclusion for the underbanked and unbanked at the bottom of the pyramid

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New Delhi (India), March 23: ANVI is building a fully digital, comprehensive banking and financial services ecosystem across India by connecting a population of one billion underbanked Indians, retailers and SMEs to deliver essential financial services for free and bring them affordable credit. India has a significant and growing population of unbanked and underbanked individuals who have no access to credit cards or formal credit. This enormous population of one billion Indians mainly comprises blue-collar workers and their families who earn and spend in cash. As digitisation sweeps the nation, it catalyses positive change while exacerbating deep socio-economic divides. Since existing fintech…

23 Mar

Need To Invest In Building a Supportive Ecosystem for Women

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Ms Namita Thapar, CEO of Emcure Pharmaceuticals Namita Thapar’s message on women empowerment and prioritizing women’s healthcare March 23: Young women and girls (15-24 years) are an important demographic group constituting 20% of the Indian population, yet they face tremendous challenges in meeting their sexual and reproductive health needs. They – especially women and girls living in rural communities – lack credible sources of information on sensitive SRH topics. This leads to huge gaps in fundamental knowledge of puberty, menstruation, pregnancy-related care, and contraception. As a result, they face several health problems – inadequate menstrual hygiene, reproductive tract and sexually…

23 Mar

Future’s Finance, a New-Age Blockchain Platform is Utilizing the PoA Algorithm to Deliver Scalable Real-Life Solutions

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Future’s Finance, an Indian blockchain-based platform has leveraged the Proof of Authority consensus algorithm to develop salable and practical technology solutions for complex problems across multiple industries and sectors. March 23: The primary reason why blockchain technology has grown exponentially over the last decade is the fact that it has given people an extremely feasible way to interact, transact, and exchange value over the internet. Moreover, it has been instrumental in revolutionizing the age-old concept of centralized storage, by enabling decentralized record-keeping without any single point of failure. It has opened up multiple avenues that allow the deployment of DApps…

23 Mar

Practical Guide to Fashion Law- a Book covering the laws and legal issues in Fashion

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Anuj Kumar, Founder & Editor-in-Chief, Fashion Law Journal New Delhi [India], March 23: The fashion industry has been growing rapidly in recent years. However, the legal aspects of this industry have been largely neglected. There is a lot of buzz about ‘fashion laws’ and how they can help someone who wants to be a part of this industry. A book titled ‘A Practical Guide to Fashion Law’ published by Fashion Law Journal, An imprint of Legal Desire, is now released worldwide. It is a valuable resource for legal issues involving the fashion industry. A Manual for the Fashion Industry is…

23 Mar

Building Bridges over Troubled Waters for Startups

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Building bridges over troubled waters for startups: A musical journey of making a difference! March 23: Sharing his insights on diving through the storms of risks Sanjay Sarda enlightens how a Start Up can achieve its milestones and navigate efficiently through rough waters of the Startup Ecosystem. With each passing day Sanjay Sarda is shining more and more as an Iconic personality in an evolving corporate world. We decided to touch base with Sanjay Sarda who was last seen in the Forbes India Article of Sept 21, to find what milestone he has reached in his journey which recently completed…

22 Mar

Exports of Cotton Textiles exceeds target – Chairman, TEXPROCIL

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Shri Manoj Patodia, Chairman – TEXPROCIL Mumbai (Maharashtra) [India], March 22: Exports of Cotton textile products such as Made-ups ((including home textiles), Fabrics and Yarns have reached US $13.95 billion from April 2021 to February 2022, surpassing the Government’s target of US$ 12.50 billion. In a statement today, Shri Manoj Patodia, Chairman of The Cotton Textiles Export Promotion Council ( TEXPROCIL), said, “ Exports of Cotton textiles have exceeded the target by 102% in 11 months itself which is a landmark achievement in the history of cotton textile exports “. Chairman, TEXPROCIL expressed his sincere thanks to the Hon’ble Prime Minister ShriNarendraModiji for his visionary leadership and support to the textiles industry and for the historic steps…

22 Mar

Pioneer Embroideries aims ₹ 400 cr top-line growth by FY24: Report

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Mumbai (Maharashtra) [India], March 22: Pioneer Embroideries Ltd (PEL), one of India’s leading manufacturers and exporter of value-added speciality polyester filament yarn (SPFY) and embroidery & laces, can cross turnover of ₹ 414 crores by FY 24 from ₹ 226 crores in FY22, according to a research report by ProfitMart Securities. The report said that on the bottom line level, we expect the company to record a PAT of ₹ 13 crores in FY22, which is expected to bounce back to ₹ 16 crores in FY23 and ₹ 21 crores in FY24. Thus on a conservative basis, PEL should record an…