Anubhav AgarwalBudget 2024Budget BuzzBusiness NewsDharmesh MehtaDr. Aamir Junaid AhmadFinancePNN NewsPress ReleaseZeeshaan Pathan

Budget Buzz: Leading Entrepreneurs Sound Off on India’s Fiscal Roadmap

New Delhi (India), February 17: The annual Union Budget unveils its plans for the Nation’s economy, and naturally, leading entrepreneurs have their keen observations to share. This curated list captures the diverse reactions of prominent business minds, offering valuable insights into how the budget might impact different sectors and the overall entrepreneurial ecosystem. Dharmesh Mehta – Founder & Managing Director of ARTHAM Finserve Pvt Ltd The unveiling of a budget that charts a clear course for the Nation is a welcome sight in an era of uncertainty. The cornerstone of this budget is its commitment to policy continuation, instilling confidence and stability in the corporate sector. The FY25 fiscal deficit has been pegged at 5.1% of GDP, lower than market expectations, with a ...

Read More
BusinessFinancePNN NewsPress Release

5 Skills Required to Bag Business Analytics MBA Jobs in 2024

New Delhi (India), February 16: In the demanding market of business analytics, there is an increasing need for specialists with advanced skills. Now that we are in 2024, the competition to secure employment in Business Analytics MBA programs has intensified more than in previous times. To secure a seat in PGDM(MBA^) Admissions, candidates need to possess a combination of skills. This blog will examine the key abilities that can set you apart and increase your chances of landing a rewarding role within the field of business analytics. 1. Analytical and Quantitative Skills Business Analytics, at its heart, involves examining large amounts of data to gain significant insights. An MBA in Business Analytics concentrates on developing strong analytical abilities and proficiency with numer...

Read More
Business NewsFinancePNN NewsPress Release

StockGro Introduces Be Financially Free Initiative to Elevate Financial Literacy in India

New Delhi (India), February 15: In a country where the path to financial literacy has been elusive for many, StockGro is lighting the way with its groundbreaking Be Financially Free (BFF) campaign. This initiative is set to redefine the financial landscape of India, addressing the critical need for accessible financial education in a nation where only 27% of adults are financially literate. StockGro’s mission? To empower every Indian with the tools and knowledge for sound financial decision-making. As we enter 2024, StockGro’s BFF campaign is emerging at a pivotal moment in line with the financial revolution. Harnessing the power of advanced technology and interactive learning, the initiative promises to elevate financial literacy rates across India, cultivating a generation of financi...

Read More
Business NewsFinancePNN NewsPress Release

Beyond Saving: How StockGro’s BFF Campaign Is Teaching India to Invest Wisely

New Delhi (India), February 14: Did you know that nearly three-quarters of India’s adult population lacks basic financial literacy? In response to this startling statistic, StockGro has unveiled its ambitious Be Financially Free (BFF) movement. This innovative initiative seeks to bridge the financial knowledge gap in India, where understanding money management is crucial for every citizen’s economic well-being. With its foundation in advanced technology and interactive learning, the BFF campaign aspires to democratise financial education, making it accessible to every Indian across the socio-economic spectrum. Discover this transformative initiative at [StockGro’s Be Financially Free portal] (https://www.stockgro.club/bff/).  At the heart of the BFF initiative lies a collection of i...

Read More
Business NewsFinancePNN NewsPress Release

Lagnam Spintex reports Total Revenue of Rs 123.63 crores in Q3FY24 an increase of 71% from Q3FY23 and Multifold increase in PAT

New Delhi (India), February 14: Lagnam Spintex Limited, a leading manufacturer of high-quality cotton yarns in India, has announced its results for the quarter ended on December 31st, 2023 in its board meeting held on 12th February 2024. The revenue for this quarter Q3FY24 grew to Rs 123.63 Cr compare to Rs 72.16 crores in Q3FY23, a jump of 71%. Lagnam is very excited to inform that the increase in Revenue was due to the new product profile they have added as part of their expansion project and reached out to new markets both in Exports and Domestic. Lagnam Spintex Q3FY24 Results comparative: The Profit After Tax for this quarter Q3FY24 grew to Rs 4.63cr compare to Rs 0.23 crores in Q3FY23, a multifold jump. Similarly, the Earning Per Share (Basic & Diluted) in Q3FY24 is ...

Read More
Business NewsFinancePNN NewsPress Release

IFL Enterprises Ltd turnaround business operations; Net profit grows 5-fold to Rs. 88 lakh in Q3FY24

Company to enter into new business domains such as trading of agricultural produce, including fruits, vegetables, seeds, organic products, herbal products, and agri-commodities. During nine months ended December 2023, Company has allotted 4.54 crore bonus equity shares in a 1:4 ratio and 2.2 crore bonus shares in 1:10 ratio to eligible investors Ahmedabad (Gujarat) [India], February 14:  Gujarat based IFL Enterprises Ltd – engaged in the papers and stationery business has successfully turnaround the business operations. Company reported standalone net profit of Rs. 88 lakh in Q3 FY24 as against net profit of Rs. 14.6 lakh in Q3 FY23, growth of over 500% Y-o-Y. Total income during Q3FY24 was reported growth of 239% Y-o-Y to Rs. 2.325 crore as against total income of Rs. 68.4 lakh in ...

Read More
Business NewsFinancePNN NewsPress Release

Spacenet reports 486% surge on PAT year-on-year basis

Hyderabad (Andhra Pradesh) [India], February 14: Hyderabad based Spacenet Enterprises India Limited (NSE: SPCENET), a prominent global trading entity with substantial operations in Hong Kong and Dubai, has reported an exceptional 486% increase in its consolidated profit after tax (PAT) on an annual basis. This significant growth highlights Spacenet’s focused strategy on diversifying its investment portfolio by incorporating stakes in pioneering, disruptive technology enterprises. Among its key investments are Billmart.com, a fintech innovator offering state-of-the-art financial technology solutions, Pathfinder, a leading generative AI company, and String Metaverse Limited, a forefront runner in the Web 3.0 gaming industry. In a strategic initiative to strengthen its foothold in t...

Read More
Business NewsFinancePNN NewsPress Release

India’s Interim Budget Points to Steady Growth Across Key Sectors

New Delhi (India), February 12: As India heads into national elections in 2024, Finance Minister Nirmala Sitharaman presented an upbeat interim budget focusing on sustained inclusive growth. Clear strategies were outlined across sectors like healthcare, agriculture, infrastructure and e-commerce that buoyed market sentiments while putting people first. Healthcare: More Holistic Vision, But Milestones Ahead The budget aims to unify maternal and child health schemes under an overarching umbrella. As Dr. Sujit Chatterjee, CEO of Dr. L H Hiranandani Hospital explains, “The comprehensiveness of combining vaccinations, nutrition and healthcare access across phases from pregnancy to adolescence is judicious.” However, the real test lies in translating policy to tangible outcomes. Despit...

Read More
Budget 2024Business Newscashaa.comCoinChapter.comFinanceGaurav KumarKaren MkrtchyanPNN NewsPress Release

Indian Budget 2024 Offers Insights for Crypto Investors: 5 Takeaways

The Indian budget for 2024 has not introduced specific new regulations or tax changes for the cryptocurrency sector directly in its announcements. However, there are significant expectations and discussions within the industry regarding potential changes that could impact the sector: Taxation and Regulation Clarity The industry is eagerly awaiting clearer regulations and a more favorable tax regime. The current high tax rate, including a 30% tax on virtual assets and an additional 1% Tax Deducted at Source (TDS) on all crypto transactions, has been a point of contention. Industry experts have suggested a need for clarity in the definitions of virtual digital assets (VDAs), tokenization, and a call for removing the 1% TDS on overseas crypto assets to unlock the full potential of the ...

Read More
BusinessFinancePNN NewsPress Release

Balu Forge Industries Earnings press release Q3 FY24 #2.

Mumbai (Maharashtra) [India], February 9: Balu Forge Industries Ltd is one of the prominent companies in India for producing precision machined components. It is engaged in the manufacturing of finished and semi-finished crankshafts and various other forged components and has a strong clientele comprising of 25+ OEM’s. The Company boasts of a precision machining unit with a comprehensive product range which caters to customers across various industries such as automobiles, ships, locomotives, aerospace, defence, oil and gas, railway, marine, prototypes and others. BFIL facility is located in Belgaum, Karnataka and has an existing capacity to produce 18,000 tonnes forged components per annum which will be expanded to ~32,000 tonnes in the coming quarters. Further, the company h...

Read More