Business

Anupam Bansal, Director, Retail, Liberty Shoes  Q2/H1 FY 23 Revenue at Rs. 16,851/32,973 Lakh- Y-o-Y up by 51%/57% Q2/H1 FY 23 EBIDTA at Rs. 1,360/2,681 Lakh- Y-o-Y up by 136%/192% Q2/H1 FY 23 PAT at Rs. 587/1,135 Lakh- Y-o-Y up by 5649%/458% (Rs. in Lakh except EPS) Particulars Q2     (2022-23) Q2     (2021-22) Y-o-Y Growth/ (Decline) H1  (2022-23) H1  (2021-22) Y-o-Y Growth/ (Decline) Revenue from Operations 16,850.84 11,103.60 51% 32,972.94 20,934.87 57% EBIDTA* 1,360.28 575.63 136% 2681.82 918.83 192% EBIDTA* Margins (%) 8.07% 5.18% 289bps 8.13% 4.38% 375bps PBT 804.52 (10.59) 7697% 1,559.99 (317.07) 592% PBT Margins (%) 4.77% (0.09%) 489bps 4.73% (1.51%) 368bps PAT 587.60 (10.59) 5649% 1,134.94 (317.07) 458% PAT Margins (%) 3.48% (0.09%) 357bps 3.44% (1.51%) ...

November 11: For every 60 Million vehicles produced, 9 Million people were employed The automotive industry is a major industrial and economic force around the world. The total automobiles sold around the world between 2005 and 2021 has been shown below : Even with the observable effect of the Covid-19 pandemic, the automotive industry did face a tremendous dip but it also did well in properly adjusting its course. The very nature of the industry (innovation driven) allowed nations to shift their focus towards better energy sources during the global “shutdown”. Thus, giving rise to new sectors and demand. Employment opportunities in the Automotive Industry The automotive industry has always been a driving force for constant innovations in every involved sector so as to cater to the rising...

November 11: Good news for all the corporate entrepreneurs, solopreneurs, students and many budding wantrepreneurs! Grab the chance to get mentored by one of the world’s leading Business Coach and International Motivational Speaker, who holds ten Guinness World Records for the largest webinars on diverse topics- Dr Vivek Bindra. The power-packed & popular business seminar- Bounce Back event will be held at Asia’s biggest Shanmukhananda Auditorium, Mumbai, on 20th November 2022, from 11 am to 3 pm. The highly sought-after event will take place under the guidance of renowned leadership consultant, corporate trainer & inspirational business coach Dr Vivek Bindra, the founder and CEO of Bada Business. The expert will be seen providing unparallel business strategies & solutions to ...

November 11: Techspian began its journey in June 2020 with 8 team members working passionately with the growth vision. Within a month of incorporation, they bagged their first project in the travel domain. In two years, Techspian grew to a team of more than 150 members of technologists and product champions that help many businesses in their technology transformation. The founding team dreamt of creating a learning organization. However, the virtual ecosystem brought many challenges to the table. Techspian set to re-invent the entire learning path at the organization. It required building capabilities and redesigning the learning path with technology at its core, since finding and retaining the talent was tough initially. However, the core team shaped the talent strategy by: Developing a...

Mumbai, November 11: LANXESS India has won the FICCI Chemicals & Petrochemicals Award 2022 for ‘Digitech Front Runner of the year’ category in chemical sector. Shri Bhagwanth Khuba, Union Minister of State for Chemicals and Fertilizers, Government of India presented the coveted award in the presence of senior officials from the department of Chemicals and Petrochemicals and other stakeholders of the sector. Balaram Khot, Additional Director & Head of PTSE and Bharat Meesala, Senior Manager, PTSE – Occupational Safety, Xact, Responsible Care and Trade Compliance received the Digitech Front Runner of the year award on behalf of LANXESS India at an event held in New Delhi on 2nd November 2022. The award recognizes the organization’s efforts towards digitalization of business processe...

India’s first and only Deuterium depleted drink Mumbai, 11th November 2022: Star Impex Beverages, a globally known, homegrown brand with a legacy of 35 years, launches CANCRO, a revolutionary product in the field of medical therapy. CANCRO is the only Deuterium Depleted Drink in India,  2nd in Asia and perhaps one of the six brands worldwide to enter the depleted drink segment. Over the years, medical research has shown that decreasing the level of Deuterium in the tissues and organs is a natural biological process. However, the body’s ability to deplete Deuterium decreases as we get older, sick, and get less exercise or sunlight. The water we typically consume has a higher Deuterium level of 165 ppm, whereas CANCRO water has depleted Deuterium levels below 125 ppm. A lower Deuterium leve...

New Delhi (India), November 2022: BSE Listed (BSE: 538920) Vintage Coffee and Beverages Ltd  has informed the Exchange that it bagged orders worth ₹21 crore to export instant coffee to Russia and other CIS countries. The new orders will boost the order book position to ₹61 crore and help the company leverage its position in the fast-growing instant coffee market, managing director Balakrishna Tati said.Other group companies of Vintage Coffee and Beverages are in an advanced stage of finalisation of orders with European and West African customers for supply of consumer packs, the company said in a press communique. Vintage Coffee and Beverages is a holding company of Vintage Coffee, a 100% export oriented unit incorporated in 2015 in Hyderabad. Its instant coffee plant in Mahbubnagar distr...

70+ animation films from across the globe competing for awards and two special international film packages. Special film package screenings from Best of O!PLA Poland and Best of Annecy 2022. Live sessions with E. Suresh, Vaibhav Kumaresh, Pierre Sylvain Gires, the biggest names in the Indian Animation and Gaming scene and so much more. Partnering with recognised Institutes, bringing the best minds in animation education to discuss the roadmap of the future of design and animation. Mumbai (India), November 11: The Animators’ Guild of India brings to you the very 1st edition of its homegrown animation film festival that goes beyond the shores, presented by Solitaire. The AGIF looks to celebrate the diverse voices in the field of animation, recognize talent and grow awareness. Solitaire is I...

November 11: The 31-year-old serial entrepreneur has already established a strong presence in several businesses through different brands. Becoming a billionaire is a milestone only a few can achieve. It takes a lot of talent, hard work, dedication, and perseverance to make the dream of becoming a billionaire a reality. For the serial entrepreneur and investor Saubhagyaa R Swain, who is blessed with these abilities and more, the key milestone is just a matter of time. Aged just 31, Swain is the founder of Vincitore Group, which has a presence in multiple businesses across the world. He is an entrepreneur, industrialist, investor, and active philanthropist, who has made it big with his skills, knowledge, and passion. The personal net worth of the Indian-origin but London-based Swain is est...

The platform aims to achieve a 3.5x growth year-on-year at a CAGR of 120% The hiring will spread across the verticals of expansion support, post-admission services, tech, product, sales, and business development New Delhi (India), November 11:  University Living, a leading global student housing platform, has announced its global expansion to achieve accelerated growth at a CAGR of 120%. The new offerings by the brand would include helping students open student bank accounts, secure internships, and have access to Indian Food Services. The services come in addition to University Living’s existing one of facilitating accommodation, guarantor services, Forex, helping with room essentials, providing health & travel insurance, international money transfers, airport pickup, international...