For the year ended 31st March, 2023, Pressman Advertising Ltd. posted a Total Income of Rs.1632.90 lakh (Rs.1636.76 lakh). The Profit Before Tax for the year stood at Rs.574.71 lakh (Rs.539.58 lakh) while Profit After Tax for the year was Rs.444.69 lakh (Rs.450.75 lakh). The Board of Directors has recommended a dividend of 50% (i.e. Rs.1) per equity share of Rs 2. For the year ended 31st March, 2023, Signpost […]
At the meeting chaired by Ms. Urmila Chakraborty, Chairperson appointed by the Hon’ble NCLT, 99.9986% votes were cast in favour of the Scheme, while a fractional 0.0014% voted against the Scheme. Under the Scheme of Arrangement, shareholders of Pressman will receive one share of Signpost in exchange for every one share in Pressman. Post the merger, the promoters of Pressman will become co-promoters in the merged entity along with the […]
myBillBook, India’s leading GST billing and accounting software for Small and Medium-sized Businesses (SMBs), in a mega update, has launched 10 new features on the platform aimed at simplifying business operations for SMBs. These new features are designed to assist SMBs in conducting business more easily and efficiently, providing them with a comprehensive suite of tools to manage their invoicing, accounting, payroll, marketing, customer relation management needs. With these additions, […]
KRAFTON recorded its 1Q23 sales at KRW538.7B, OP at KRW283B and NP at KRW267.2B in accordance with the Korean International Financial Reporting Standards (K-IFRS). Consolidated sales climbed 14% QoQ and 3% YoY in 1Q23, rewriting its record quarterly sales. OP spiked 124% QoQ with OPM reaching 53%. Especially when excluding stock compensation costs from OP, OP in 1Q23 amounts to KRW293B, which is a 12% YoY increase. NP turned to […]
Commenting on the performance, Mr Vikas Gupta, Joint Managing Director said, “The last quarter of the financial year has come out strong for us as we stabilized our operations in pharma and specialty chemicals segments with a focus on cost rationalisation and margin improvement. With significant operational, technical and commercial efficiencies, improved market combination and expecting sustainable demand as an alternative to China, we believe we are on a good upward trajectory IOL […]
The Gem & Jewellery Export Promotion Council (GJEPC) organised the 49th edition of the India Gem & Jewellery Awards (IGJA) in Mumbai. Hon’ble Chief Guest Shri Piyush Goyal Hon’ble Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution & Textiles, Government of India, felicitated 27 top Gem & Jewellery exporters during the award ceremony. The 49th edition of IGJA was powered by GIA and co-partnered by ECGC. Mr. Frank Geerkens, […]
Ami Organics Limited (BSE: 543349, NSE: AMIORG), a leading global manufacturer of advance pharmaceutical intermediates and speciality chemicals, announced that board has approved acquisition of 55% partnership interest in Baba Fine Chemicals, a fine speciality chemicals company focused on custom synthesis and manufacturing of intermediates. This acquisition heralds AMI Organics’ foray into the high entry barrier semiconductor industry. The acquisition is in line with AMI Organics’ strategy of expanding its […]
Daimler India Commercial Vehicles (DICV), a 100% subsidiary of Daimler Truck AG today announced that – despite supply chain headwinds and adverse cost environment – 2022 was one of the most successful business years since starting its manufacturing operations in India. The company reported a revenue growth of 37% and a sales growth of 25% in CY 2022 over CY 2021. 2022 was especially the best year of growth as […]
With focus on enhancing Audit Quality Mechanism, benchmarking the global best practices in Sustainability Reporting requirements and Assurance Standards and actively participating in G20 endeavors with the Government of India, CA. Aniket Sunil Talati, President, ICAI addressed the media today in Delhi. CA. Aniket Sunil Talati & CA. Ranjeet Kumar Agarwal were elected as the new President & Vice-President of the Institute of Chartered Accountants of India (ICAI) w.e.f. February 12, 2023. With more than 3.75 lakh […]
KRAFTON Inc. (CEO CH Kim) plans to establish a joint venture with NAVER Z Corp. (co-CEOs Dae-wook Kim and Chang-wook Kim) for the metaverse platform business. KRAFTON announced on April 17th that it has decided to acquire stocks and investment securities of other corporations to establish the joint venture. The total investment amount for the joint venture is KRW 48 billion, with KRAFTON set to acquire KRW 40.8 billion and […]
Cigniti Technologies, the world’s leading AI & IP-led Digital Assurance and Digital Engineering services company, appoints ex-Chairman and CEO of Capgemini India, Dr. Srinivas Kandula as its Executive Director on the Board. Dr. Kandula brings with him a wealth of experience from his previous role where he was responsible for leading the company’s operations across India and as Head of HR at IGATE. This appointment supports the company’s ambitions to equip itself to […]
CNH Industrial announces that it has entered into an agreement to purchase Hemisphere GNSS (Hemisphere), a global leader in high-performance satellitepositioning technology, currently owned by Unistrong, a company incorporated in the People’s Republic of China. This acquisition is a critical step that advances our automated and autonomous solutions for Agriculture and Construction. Combined withour Raven Brand’s capabilities, this development gives us full control of our precision and navigation technologies. “This […]
Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) has announced the appointment of Mr. Kenichi Umeda as the new Managing Director of the company. Mr. Umeda succeeds Mr. Satoshi Uchida, who has completed his term as the Managing Director of the company. Mr. Kenichi Umeda brings with him over 27 years of valuable industry experience across various global markets. At Suzuki Motorcycle India, Mr. Umeda […]
Hero Electric, India’s largest electric two-wheeler manufacturer, has achieved another milestone by crossing the 1 lakh unit sales mark for the second consecutive financial year. This achievement is a testament to the company’s commitment to offering clean, green, and affordable mobility solutions to the masses. Hero’s impressive sales performance can be attributed to its varied and revamped product portfolio by introducing a focused range of 5 platforms with multiple variants catering […]
20.95 Ventures, the world’s first business community welfare platform has announced the launch of HUMBEE, its leading-edge mobile app to address two widespread gaps in every industry – a) the need for social security cover for overlooked participants of the value chain viz. dealers, distributors, super stockists, retailers, pharmacists, kiranawalas, agents and more, and b) the need for an integrated platform for corporates to appropriately channelise their welfare intent to […]
Anupam Rasayan India Ltd. (NSE, BSE: ANURAS), one of India’s leading custom synthesis & speciality chemical players, has signed a Memorandum of Understanding (MoU) with the Government of Gujarat for setting up new plants with an investment of Rs. 670 crores. These plants will be set up in Jhaghadia and Sachin in Gujarat. The company aims to commission the plants before 2025. The large part of the plants will focus […]
Bengaluru-based Hind High Vacuum Co. Pvt. Ltd (HHV), a leading Indian provider of vacuum equipment for high precision optical coatings, announced the launch of its range of ‘Made in India’ Ophthalmic coaters, under the OPTICOAT platform of coaters, for ophthalmic lenses. The first model ‘OPTICOAT 600’ is perfectly sized to be suitable for small and mid-sized prescription labs. The next sizes ‘OPTICOAT 1100’ and ‘OPTICOAT 1400’ are designed to support […]
The TV9 Network has won big at the VDONXT Awards. At a ceremony held in Mumbai on February 27, the TV9 Network went back with as many as six awards across categories such as brand integration stand-alone, action, best smart-budget film, aerial videography and lifestyle. It was an encore of industry appreciation for News9 Plus. Soon after stealing the show at the Afaqs! The Future of News media awards, News9 Plus, the world’s […]
Sonata Software, a leading Modernization and Digital Engineering company, has announced that Sonata Software North America Inc., (SSNA), a wholly owned subsidiary of Sonata Software Limited (SSL), has signed a definitive agreement with the Shareholders of Quant Systems INC., a Texas (USA) based IT Solutions and Software company,to acquire 100% stake. This acquisition is in line with Sonata’s strategy to accelerate the growth curve and build scale. It will accelerate […]
Piaggio Vehicles Pvt Ltd (PVPL), a 100 % Indian subsidiary of the Italian Piaggio Group and India’s leading manufacturer of small commercial vehicles as well as pioneers in 3-wheeler electric mobility announced the entry of their Apé Electrik vehicles in the Philippines. The electric 3-wheeler vehicles will be manufactured in PVPL’s plant in Baramati, Maharashtra and exported to the Philippines. The company will be deploying the Apé E-City and Apé […]
