Business – Page 797 – THE ECONOMIC INDIA

31 May

SVP Global Textiles Ltd reported Annual Results; net Revenue of Rs 1778.37 Crs up by 25% and PAT of Rs 71 Crs up by 187% Y-o-Y

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Mumbai (Maharashtra) [India], May 31: The Textile Industry is undergoing continuous stress due to rising cotton prices during FY 22. The pressure is likely to continue till the arrival of the new crop in Sep 22. The spinning mills have taken a major hit. In spite of the prevailing situation, SVP Global Textiles Ltd has reported financial results in FY21-22 with a net profit of Rs 71.28 crore (Net Profit Margin 4.00%) for FY22 as against a net profit of Rs. 24.85 crore (Net Profit Margin 1.75%) in the corresponding period last year, a growth of 186.84%. Income from operations…

31 May

Business Mint is proud to announce the Nationwide Design & Architecture Awards – 2022

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New Delhi [India], May 31: Despite an ever-increasing competitive market, the Nationwide Design & Architecture Awards – 2022 was established to honour and acknowledge the remarkable efforts and accomplishments achieved by the pioneers of the design and architectural arena. The Nationwide Design & Architecture Awards have aided the worldwide interior design and architecture business by bringing together an exclusive group of firms and are consistently referred to as “the pinnacle of acknowledgement within the industry.” Interior designers, architects, design studios, interior and architecture businesses, design organizations, and e-commerce portals will be honoured at the Nationwide Design & Architecture Awards. To…

31 May

Vikas Lifecare to launch a Rs 200 crore QIP, company to raise Rs 50 cr in 1st tranche

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New Delhi [India], May 31: Vikas Lifecare Limited, formerly known as Vikas Multicorp Limited, will raise Rs 200 crore (2,000 million) through qualified institutional placement (QIP). The company will raise funds in tranches. In the first tranche, the board has approved raising Rs 50 crore (Rs 500 million). The remaining Rs 150 crore (Rs 1,500 million) will be raised via subsequent tranches by the company. The company board has approved and fixed the floor price for the issue at Rs 4.20 per equity share, with a face value of Re 1 each. The price has been derived by the pricing…

30 May

India’s Largest Garment Technology Expo (GTE 2022) winds up with massive success

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More than 15500 visitors visited the exhibition More than 500 brands exhibited New Delhi [India], May 30: After getting a massive response in the last edition, Garment Technology Expo (GTE 2022) organised the 31st edition to display a rich mix of garment stitching and processing technologies from over 500 brands and companies. Today, the mega show windes up at the NSIC Exhibition Complex, Okhla, New Delhi. As India’s largest Garment Technology Expo attracted visitors from all around India and neighbouring countries, including Bangladesh, Sri Lanka, Nepal, and Myanmar, renowned brands like IIGM, HCA, Juki, Magnum, Mehala, Tukatech, E.H.Turel, ALT, Ramsons,…

30 May

Make smart investments in Startups with Bestvantage

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New Delhi [India], May 30: Trends suggest that startups are now more popular among investors than traditional investment options. They believe that investing in startups fuels factors such as innovation, economy, and workforce, which ultimately leads to the generation of wealth, unlike traditional options. Putting your savings in a Fixed deposit or in a bank account that hardly yields 3% interest and fails to cover even the inflation rate is not a wise choice! But if you are assuming that simply putting your money in a startup and expecting higher returns is all you have to do, then you are…

30 May

Hecs Group Inaugurates Its Corporate Office And Lays Foundation Stone For Its Second Manufacturing Unit

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Chennai, May 30: HECS, a leading South Indian Environmental Solutions provider on 26th May 2022, inaugurated its corporate office at Guindy Industrial Estate. Thiru Siva inaugurated the corporate office. V. Meyyanathan Hon. Minister of Environment and Climate Change, TN, in the presence of Mr Dustin Bickel (Economic Officer, US Consulate). The event also marked the virtual foundation stone laying of the HECS manufacturing facility at SIPCOT Vallam Vadagal. The event was well attended by over 250 well-wishers, including various leaders from top Industrial houses in the country and across the globe. Hon Minister of Environment and Climate Change Thiru Siva.…

30 May

Kishore Gokavarapu – has been awarded as Most Prominent Industry Professional of the Year – 2022, API Production & Operations Category by Business Mint

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Hyderabad, 30 May: Thought leadership can take any enterprise to greater heights while being the flagbearer to the society for peace and prosperity. With impeccable tools such as compassion and sensibility, a leader can effortlessly soft-pedal numerous existing societal issues. One example of such exemplary leadership is Kishore Gokavarapu, who has made a mark in his targeted industry with his sheer determination and utmost dedication. Kishore is the Plant Head of Deft Organics Limited, an emerging leader in manufacturing and supplying high-value, low-volume APIs specializing in biological molecules. Kishore was recently awarded the prestigious title “Most Prominent Industry Professional of…

28 May

Bring the art of Snac-king to your screens!

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New Delhi (India), May 28: When it comes to catching the eyes of the consumer on social media, generating digital content that interacts, digital content that stands out is a necessity, and in a continuously transforming platform, generating such content acts as quite a challenge, which brands and their digital partners are taking on quite comprehensively. Snac Atac, a famous snack manufacturing brand based out of Ahmedabad, has veered towards taking the wacky and fervent approach on their social media platforms, with close support from their digital partner’s Communication Crafts. What truly stands out in their social media marketing campaigns…

28 May

Market defining Pharma Expo, PharmaLytica returns with over 300 Brands

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Mumbai, 28 May 2022: Informa Markets in India, the leading B2B exhibitions organiser, is back with the 8th edition of the PharmaLytica Expo, the premier global pharma trade show and conference. Slated from 1st -3rd June 2022, the three-day expo will be held at the Bombay Exhibition Centre, Mumbai. The focus of PharmaLytica Expo 2022 would be to keep companies abreast with innovations in the growing businesses of India’s pharma industry and achieve the vision of becoming a $130 bn industry by 2030. The expo, with over 300 topline brands, will present the entire value-added chain in niche segments within…

28 May

IndustrialPlot.com An Exclusive Property Portal launched for Industrial Properties will boost Atmanirbhar Bharat Mission

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Jaipur (Rajasthan) [India], May 28: IndustrialPlot.com, a Jaipur based real estate startup for the sale/rent of industrial and commercial properties, brings you the quickest and most convenient way to display your property advertisement and connect with prospective buyers & sellers, and tenants. The industrial sector has been regarded as an engine of economic growth and social development in many developed and developing countries. For a developed India, Infrastructure is key. For Infrastructure, we need industries that would generate employment, reduce imports and thus shape the economy. Foreign investment is expected to come in huge numbers. Therefore, land at affordable prices along…