Torrent Power has posted Rs 450 crore as net profit for the quarter ended March 31, 2023. The company had incurred a loss of Rs 488 crore in the year-ago period. According to the company, its revenue went up 61.3 per cent to Rs 6,038 crore for the quarter ended March 31, 2023, against Rs […]
Fashion brand AJIO on Monday announced its flagship event ‘Big Bold Sale’ which shall start on June 1, 2023.For the mega sale, customers are given early access for a limited period of six hours daily. Customers can shop across 5000+ brands offering over 1.3 million curated fashion styles. “BBS will see customers across 19,000+ pin […]
RattanIndia Enterprises (REL) has on Tuesday announced the launch of a new cargo drone ‘L-40’ by its subsidiary company Throttle Aerospace Systems (TAS). The company has earlier launched the L-20 and L-15 and now doubled it carrying capacity from 20 to a staggering 40kg, within the last quarter. The L-Series platform was launched in February […]
Krishan Kumar Chutani, former CEO of Dabur International, who exited the company in January 2023 has joined Haldiram as CEO. Chutani has been with Dabur since 1992 and under his leadership Dabur’s International business, company reported an impressive annual turnover of more than AED 1.2 billion. He was responsible for expanding the company’s operations across […]
Tarun Bhagat has been promoted as Chief Marketing Officer, India and South Asia at global beverage giant Pepsico. Bhagat took to LinkedIn to announce his promotion: “I’m excited to announce that I’ll be joining PepsiCo as Chief Marketing Officer, India & South Asia Beverages!” Bhagat was previously the Senior Director of Marketing for Mountain Dew, […]
India’s first live popsicle concept Scuzo Ice ‘O’ Magic has launched its dessert café in SCO NO. 04, Sector – 79, Omaxe World Street, Greater Faridabad, Haryana. “The demand for healthy desserts and food products is increasing and thus, Scuzo has taken the responsibility to emerge as a health-conscious dessert brand that meets the demand […]
Miniratna state-owned manganese ore mining company MOIL on Monday reported a 38.3 per cent drop in its net profit to Rs 80.9 crore for the quarter ended March 31, 2023, against Rs 131 crore in the year-ago period. In FY23, the company made profit before tax (PBT) and profit after tax (PAT) of Rs 334.45 […]
Germany’s economic recession will impact India’s exports from various sectors including chemicals, machinery, apparel and electronics to the European nation. This was stated by Sanjay Budhia, the chairman of the CII committee on EXIM, according to a media report on Sunday. The chairman underlined the impact of the German recession is too early on Indian […]
Unified Payments Interface (UPI) transactions are projected to continue growing steadily and are expected to reach 1 billion per day by 2026-27. This would account for 90 per cent of the retail digital payments in the country. This has been stated in a report titled “The Indian Payments Handbook 2022-27,” released by PWC India. The […]
The world-famous aromatic tea from Darjeeling is experiencing a decline in demand in Europe of at least 10 to 15 per cent from the previous year, a decline that has almost exactly paralleled Germany’s entry into a recession. According to the office bearers of the Indian Tea Exporters Association, Germany is the consuming and trading […]
