English

Textile Industry is poised well in the wake of China +1 strategy. Government of India (GoI) aims to develop the industry to $300 billion from current level of $75 Billion by 2025-26. New Delhi, November 11, 2021: After being hit hard by COVID, India’s textile industry is well on course on the road to recovery. During the pandemic, the domestic textiles and apparels industry slumped to US $75 billion after peaking at US$ 106 billion in…

New flights to and from Amritsar, Surat, Dehradun and Aizawl Delhi/Mumbai, November 11, 2021: GO FIRST (formerly known as GoAir) today announced the introduction of 32 new flights to its expanding domestic network. The airline has added Amritsar, Surat, Dehradun and Aizawl to its domestic network and these airports will be connected by direct flights to and from Delhi, Mumbai, Srinagar, Bengaluru, Kolkata and Guwahati, thus enhancing regional connectivity. The addition of new stations will…

Billing growth of 10.5% y/y and Revenue growth of 17.9% y/y Net Profit growth of 19.9% q/q and 61.4% y/y Chennai, November 11, 2021: Matrimony.com Limited, the leading online matrimony company, announced its unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2021, as approved by its board of directors. Murugavel Janakiraman, Chairman and Managing Director said, “This quarter has seen a good all-round performance. With a new…

Experts deliberate the food service future in post pandemic era at Phygital Retail Convention Mumbai, November 11, 2021: More QSR (Quick Service Restaurants) and fine dining brands should emerge from the same cloud kitchen to enable food service providers leverage the aggregators costs like Zomato or Swiggy, according to industry experts, Thursday. The aggregators cost is 20% and more and hence the investments made in cloud kitchen can be leveraged by promoting multiple restaurant brands…

Prohibition is counter-productive and promotes illicit, counterfeit and unsafe products causing health hazards Madhya Pradesh: Recently there have been statements suggesting prohibition of alcohol in the state of Madhya Pradesh. The International Spirits & Wines Association of India (ISWAI), an apex body of the premium AlcoBev sector, strongly advocatesthat prohibition is a counter productive and retrograde step that will only encourage spurious, illicit and counterfeit products in the market, exposing citizens to substandard and unsafe…

Actor Anuj Rampal, who has been a known face in the theatre world, is currently basking in the glory of his OTT debut on Amazon Prime -Akkad Bakkad Rafu Chakkar. The show has been received well by the audience and Anuj has been getting a lot of appreciation for his acting chops, especially his comic timing. The actor plays one of the lead characters along with Actor Vicky Arora. The series is directed and produced…

Vijay Varma’s to end the year on a working note, to wrap this project next! Vijay Varma has had a work packed year. The actor has been shooting since the turn the year and has a lot of big projects to his name. He has been hopping from one city to another for his shoots the entire year and even now is stationed in a small town for a shoot. A source close to the…

Four-day Chhath festival to conclude today with `arghya’ to rising Sun Indore: Amidst corona scare, thousands of people of the Poorvottar Samaj comprising people from Bihar, Uttar Pradesh and Jhakhand here on Wednesday, offered arghya’ to the setting Sun God by standing in natural and artificial water bodies, ponds with complete religious sanctity. Apart from this a large number of devotees also offeredarghya’ to the setting Sun at the rooftops of their homes as well…

A non-linked, non-participating individual savings plan, Offers fixed guaranteed returns and liquidity Mumbai: HDFC Life, one of India’s leading life insurers has been an innovator in the product space. This Diwali, HDFC Life is offering a new-age, feature-packed product, HDFC Life Sanchay Fixed Maturity Plan that guarantees achievement of fixed financial goals. HDFC Life Sanchay Fixed Maturity Plan is a non-linked, non-participating, individual savings plan, designed to provide guaranteed returns in the form of a…

FINANCIAL HIGHLIGHTS OF Q2 FY 22 Consolidated PAT has increased by 72.0% to Rs. 31.9 cr & standalone PAT has increased by107.1% to Rs. 29.5 cr in Q2 FY 22 compared to  Y-o-Y quarter Consolidated net sales for the quarter has increased by 46.2% to Rs. 430.8 cr & standalone net sales for the quarter has increased by 57.8% to Rs. 374.6 cr Consolidated EBITDA has increased by 54.4% to Rs. 51.7 cr and standalone…