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Category: Finance

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

Posted on February 14, 2024 By
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…

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Finance

Varanium Cloud reports Consolidated Net Profit of Rs. 87.68 crore in Q3FY24, growth of nearly 200% Y-o-Y

Posted on February 13, 2024 By
Varanium Cloud reports Consolidated Net Profit of Rs. 87.68 crore in Q3FY24, growth of nearly 200% Y-o-Y

Total Income for Q3FY24 grew 267% Y-o-Y to Rs. 401.86 crore. Mumbai (Maharastra) [India], February 13: Mumbai based Technology Solutions Company, Varanium Cloud Limited has reported exponential growth in business operations with robust growth in the total income and net profit. Company has reported a consolidated net profit of Rs. 87.68 crore for the Q3…

Read More “Varanium Cloud reports Consolidated Net Profit of Rs. 87.68 crore in Q3FY24, growth of nearly 200% Y-o-Y” »

Finance

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

Posted on February 12, 2024 By
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…

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Finance

Indian Budget 2024 Offers Insights for Crypto Investors: 5 Takeaways

Posted on February 9, 2024 By
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…

Read More “Indian Budget 2024 Offers Insights for Crypto Investors: 5 Takeaways” »

Finance

Asher T. Gianchandani, CEO of Moksha Media Group, Applauds India’s Tech-Driven Interim Budget 2024-2025

Posted on February 9, 2024 By
Asher T. Gianchandani, CEO of Moksha Media Group, Applauds India’s Tech-Driven Interim Budget 2024-2025

New Delhi (India), February 9:  The Interim Budget 2024-2025 has ushered in a promising era of digital advancements, marked by a notable 11% increase in infrastructure spending and a focused spotlight on technology, healthcare, and MSMEs. As a media-tech company deeply entrenched in the digital landscape, we view these developments with optimism and enthusiasm. The…

Read More “Asher T. Gianchandani, CEO of Moksha Media Group, Applauds India’s Tech-Driven Interim Budget 2024-2025” »

Finance

Rajoo Engineers Ltd’s Rs. 19.8 crore Buyback opens; Buyback closes on 12 Feb

Posted on February 8, 2024 By
Rajoo Engineers Ltd’s Rs. 19.8 crore Buyback opens; Buyback closes on 12 Feb

The company is set to buyback a maximum of 9,42,300 equity shares at a price of Rs. 210 per share, utilizing the tender offer route. Rajkot (Gujarat) [India], February 7:  Rajoo Engineers Ltd, a prominent player in the Indian plastic extrusion machine manufacturing sector, boasting nearly 35 years of excellence in extrusion, has unveiled its…

Read More “Rajoo Engineers Ltd’s Rs. 19.8 crore Buyback opens; Buyback closes on 12 Feb” »

Finance

Institute of Actuaries of India Unveils Global Conference of Actuaries (GCA) with a Focus on “Data, Disruptions, and the Actuary”

Posted on February 7, 2024 By
Institute of Actuaries of India Unveils Global Conference of Actuaries (GCA) with a Focus on “Data, Disruptions, and the Actuary”

Mumbai (Maharashtra) [India], February 7: The Institute of Actuaries of India (IAI) unveiled the Global Conference of Actuaries (GCA) 2024, set to take place from 12th to 14th February 2024 at Westin Hotel, Mumbai. Themed “Data, Disruptions, and the Actuary,” this conference aims to provide a comprehensive overview of the transformative role of data and…

Read More “Institute of Actuaries of India Unveils Global Conference of Actuaries (GCA) with a Focus on “Data, Disruptions, and the Actuary”” »

Finance

Hilton Metal Forging Ltd eyeing big business for Railway Forged Wagon Wheel

Posted on February 6, 2024 By
Hilton Metal Forging Ltd eyeing big business for Railway Forged Wagon Wheel

Company has installed capacity to manufacture 48,000 Wheels annually; Company is also looking forward to bigger Railway Forged Wagon Wheel Orders in the near future through tender route. Mumbai (Maharashtra) [India], February 6: Hilton Metal Forging Ltd – prominent manufacturer and distributor in the steel forging industry, specializing in products such as for railway forged…

Read More “Hilton Metal Forging Ltd eyeing big business for Railway Forged Wagon Wheel” »

Finance

Bonus Share Declared: Small Cap Agro Stock Gains 21% In 2-Weeks On Bonus Buzz

Posted on February 6, 2024 By
Bonus Share Declared: Small Cap Agro Stock Gains 21% In 2-Weeks On Bonus Buzz

New Delhi (India), February 6: Small cap stock from the agro-processing sector stock M K Proteins Ltd on Tuesday recommended bonus shares in the ratio of 2:1 implying shareholders will be eligible to get 2 bonus shares for every 1 share held as on the record date. M K Proteins shares zoomed 21% in last…

Read More “Bonus Share Declared: Small Cap Agro Stock Gains 21% In 2-Weeks On Bonus Buzz” »

Finance

Sachin Patil, MD & CEO of Messe Stuttgart India Applauds Union Budget 2024’s Infrastructure Boost for Exhibition and MICE Industry

Posted on February 6, 2024 By
Sachin Patil, MD & CEO of Messe Stuttgart India Applauds Union Budget 2024’s Infrastructure Boost for Exhibition and MICE Industry

New Delhi (India), February 6: Applauding Union Budget 2024, Sachin Patil, MD & CEO of Messe Stuttgart India said, “ It is High Time to recognise the pivotal role of Exhibition and Trade Fair sector in propelling India onto the global stage. India’s emergence as a major hub for international events, exhibitions, and conferences is…

Read More “Sachin Patil, MD & CEO of Messe Stuttgart India Applauds Union Budget 2024’s Infrastructure Boost for Exhibition and MICE Industry” »

Finance

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