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Category: Finance

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], […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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