Category: Business

Business

Sky Gold Limited reported Q3FY23 net profit of Rs.11.67 crore

February 11, 2023

Mumbai (Maharashtra) [India], February 11: Sky Gold Limited (BSE Code: 541967), one of the leading jewellery companies based in Mumbai reported unaudited Financial Results for the Q3 FY23 & 9M FY23. Financials at a Glance:  Q3 FY23: Revenues at ₹57 crore EBITDA at ₹28 crore; up by 73.45% EBITDA margin at 4.59% Net profit at ₹67 crore; up by 501.55 % EPS at ₹91 9M FY23: Revenues at ₹62 crore; up by 52.36% EBITDA at ₹37 crore; up by 7.77% Net profit at ₹90 crore; up by 20.97 %    EPS at ₹11.66 Speaking on the occasion Mr. Mangesh Chauhan, Managing Director and Chief Financial Officer of Sky Gold Limited said – “The strong demand for our jewellery products enabled us to surpass FY22 revenues of ₹ 796 crore by reporting revenues of ₹ 885 crore in the first nine months of the curr

Business

WoodenStreet On Expansion Spree, Strengthen Retail Presence With 3 New Experience Stores in Mumbai

February 11, 2023

WoodenStreet’s Mumbai Store Mumbai (Maharashtra) [India], February 11: India’s leading online furniture brand, WoodenStreet is going aggressively in expanding its offline footprint with its aim to strengthen niche markets and omnichannel consumer engagement across India. WoodenStreet in its recent expansion drive announced the opening of 3 new experience stores in the city of dreams, Mumbai. These new stores have strengthened their existing pool & taken it to a solid number of 8 physical experience stores across the city. The brand has invested $500,000 in these new launches, covering a carpet area of 10000 sq. ft. combined. All three stores are located in the prime locations & high suburbs of Mumbai, which are Borivali, Juhu Tara, and Padle Gaon. The three new launches will

Business

Digital Marketing is soon to be all about AI says Shabbir Hussain – Co-Founder at Hats-Off Digital Pvt. Ltd

February 11, 2023

Pune (Maharashtra) [India], February 11: While the year 2020 was a reset the world needed the most to bring humans, nature & humanity back on track. It marked a new beginning for digital marketing which most of the brands / small businesses & start-ups were not taking seriously until they were hit by a pandemic that forced them to shut their offline businesses & modes of marketing. This is when they realized the importance of Digital Marketing for a 360-degree presence as a brand. Just when people had pay cuts & were being laid off due to the pandemic, some geniuses had already started preparing for a big leap in the digital arena. AI which was just known to the world as a new technology in the making just one fine day popped up and has now become a household thing. Right f

Business

BoM celebrates 88th Business Commencement Day, Launches slew of Digital products & services

February 11, 2023

Pune (Maharashtra) [India], February 11: Bank of Maharashtra (BoM), a premier public sector bank in the country, celebrated its 88th Business Commencement Day on 8th February 2023. Shri A S Rajeev, Managing Director & CEO, Shri A B Vijayakumar, Shri Asheesh Pandey, Executive Directors, Shri M K Verma, RBI Nominee Director, Shri Rakesh Kumar, Share Holder Director, along with General Managers were present in the program. All branches/ offices across the country were connected in hybrid mode to this program. While addressing the 88th Business Commencement Day program, Shri A S Rajeev, MD & CEO, Bank of Maharashtra, congratulated all staff members and said, “The journey bank has traversed so far is incredible, and the Bank’s advancement in business growth in past few years

Business

Achhi Aadat Campaign-2022 across 7 districts of NCR Delhi through Mobile LED AAC Van (MLAV)

February 11, 2023

New Delhi [India], February 11: The Achhi Aadat Campaign-2022 (AAC), initiated by Japan International Cooperation Agency (JICA) India along with the campaign implementing partner IJ Kakehashi Services Private Limited (IJK), is not leaving any stone unturned to spread awareness on good habits regarding the importance of hygienic practices for the benefit to the health of the people in India. Under this coverage, two Mobile LED vehicles are moving across five rural NCR districts of Uttar Pradesh and two NCR districts of Rajasthan. The main purpose of deploying the mobile LED van is to create awareness and disseminate messages on handwashing with soap and nail hygiene among children and communities. These geographies are those areas where the campaign conducts the orientations of Frontline Wo

Business

JEE Main 2023: Over 1200 Physics Wallah students outperform, score 99 percentile

February 11, 2023

Over 490 PW students scored 99.5 percentile, the highest in PW’s history, and over 2900 of its students scored 98 percentile New Delhi (India), February 11: PW (PhysicsWallah), India’s most affordable and accessible edtech platform, announced that over 2900 of its students scored 98 percentile and have been declared eligible for the JEE Advanced examination. More than 490 students scored 99.5 percentile, and over 15 students scored 99.9 percentile in this exam. Among the top scorers from PW include Ramkrishna Gena (99.94 percentile), Aryan Rai (99.94 percentile), Rai Shrijal Anjani (99.92 percentile), Nishant Jotriwal (99.91 percentile), Anubhav Saha (99.89 percentile), Aryan Laroia (99.88 percentile). These students studied from PW’s top Lakshya and Prayas Online batches for J

Business

The IPO of Shera Energy Ltd. received applications worth Rs.1567 crore

February 11, 2023

Jaipur (Rajasthan) [India], February 11: The IPO of Shera Energy Limited, the only company in the country to produce wires and strips made of non-ferrous metals like copper, aluminum and brass under one roof, has been successful in garnering wide support from investors on Thursday. Against the IPO of 61.76 lakh shares worth Rs 35.20 crore opened on Tuesday, the company has received bids for 27 crore 50 lakh 34 thousand shares, through which applications worth Rs 1567.69 crore have been submitted. The listing of this issue of the company on the emerge platform of the National Stock Exchange will take place on February 17. The issue has been applied for in lots of two thousand shares, whose price band was kept at Rs 55-57. The company’s CMD Naseem Shaikh said that the highest number of

Business

Yewale Group Brings The Authentic Taste Of Mumbai’s Vada Pav To Pune With “Mumbaicha Vadewala”

February 11, 2023

Pune (Maharashtra) [India], February 11: Mumbai and vada pav are synonymous. The City of Dreams has been known for its lip-smacking vada pav for several decades. The Yewale Group of Pune brings the same authenticity and taste of Mumbai’s favorite snack to Pune with Mumbaicha Vadewala. The new initiative by the Yewale Group, Mumbaicha Vadewala, was launched on February 9, 2023, at Pune’s Navi Peth. The outlet was inaugurated by the hands of Shri Girish Bapat and Shri Dhiraj Ghate. Along with Mr. Navnath Yewale, the Managing Director and CEO of the Yewale Group, the event was attended by all the Directors of the company, namely Mr. Ganesh Yewale, Mr. Nilesh Yewale, Mr. Mangesh Yewale, and Mr. Tejas Yewale. The launch was also graced by the presence of valuable guests, including: Kedar Dada

Business

ClassAct 2023 concludes with a roaring success: Here’s the full list of winners

February 11, 2023

The top scorers of the Grand Finale find the quiz to be a truly unique experience New Delhi [India], February 10:  The much-awaited Grand Finale of ClassAct 2023–The Hindustan Times Republic Day Quiz proved to be a roaring success, with more than 100 students of grades 6 to 12 participating from all over India. The mega quizzing event took place on 5th February from 10 AM to 12 Noon. The complete list of winners has been announced on the official page. There are exciting prizes up for grabs for the winners of this online school quiz. Amazon gift vouchers worth INR 1.14 lakh will be awarded to all 100 finalists, with rank holders 1, 2 and 3 receiving vouchers worth INR 30,000, 20,000 and 10,000, respectively. Additionally, all students who participated in the quiz will receive participation

Business

Tamara Leisure Experiences launches an internship programme designed to train the next generation of Responsible Hoteliers

February 11, 2023

Bengaluru (Karnataka) [India], February 11: The Responsible Hoteliers of Tomorrow Internship Programme initiated by responsible hospitality group Tamara Leisure Experiences is designed to impart the group’s extensive and groundbreaking sustainable tourism models with aspiring, purpose-driven hoteliers. The programme seeks undergraduate students from a variety of subject backgrounds who wish to pursue multi-disciplinary careers underpinned by a focus on people, the planet and profit. The 6-week internship will take place at the Tamara offices in Bangalore, followed by project work at one of the Tamara properties in Coorg, Kodaikanal or Trivandrum. Interns, who will be introduced to the future of sustainable tourism through operations training, community engagement and project work, can expe