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Showing posts from May, 2024

DHN Forum Mumbai Highlighted Innovation, Scalibity & Investment as 3 Pillars of Digital Health Transformation

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Mumbai, 31 May 2024 : The DHN Forum Mumbai has concluded on the promising lines of empowering the regional health ecosystem, with discussions centered on digital transformation, innovation, and collaboration among healthcare stakeholders. Digital Health News (DHN), the leading force behind India's digital health transformation, has launched the DHN Forum during a conference held at the prestigious Taj Lands End, Mumbai, aimed to come up with different signature events in different cities and accelerate India's journey towards a digitally empowered healthcare landscape. The primary goal of establishing the DHN Forum is to bring together all the regional healthcare ecosystems, creating a platform for collaboration among health tech startups, pharmaceutical companies, med tech firms, and hospitals. This forum aims to foster discussions on achieving digital health transformation within their respective organizations. Ultimately, the objective is to make healthcare accessible and r

DP WORLD BECOMES ICC TOP TIER PARTNER TO DELIVER CRICKET AT EVERY LEVEL

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Smart logistics provider elevates to Premier Partner status ahead of ICC Men’s T20 World Cup. Move builds on original partnership announced in June 2023. DP World is providing smart logistics solutions at the upcoming ICC Men’s T20 World Cup, including the movement of pitches from Florida to New York venues. Dubai, UAE,  31 May 2024 :  DP World and the ICC have worked closely together since partnering in June 2023, helping to deliver cricket equipment at the grassroots level and provide smart logistics at pinnacle ICC events. DP World now moves into the Premier Partner tier of the ICC’s portfolio, re-affirming the brand’s long-term commitment and mission to growing the sport around the world. This announcement comes as anticipation builds for the ICC Men’s T20 World Cup, where 55 matches will be held across nine host locations in the USA and West Indies from 1 -  29 June . There will be 16 group stage matches held in New York, Texas and Florida, marking the first time an ICC World Cup

Flipkart’s Big End of Season Sale 2024 sets the stage for the largest fashion extravaganza, with participation from over 12,000 Brands, 2 Lakh+ Sellers and expected 100 million+ Visitors

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Beginning  1st June 2024 , this special fashion event will offer customers a personalised shopping experience with access to over 75 lakh styles Over 10 million new visitors are likely to participate, based on early trends observed Customers can opt for open-box delivery across categories such as sports shoes, watches, jeans and more This edition will feature same-day delivery on lakhs of products Bengaluru -  May 31, 2024 :  Flipkart, India’s homegrown e-commerce marketplace, has announced its much-anticipated ‘Big End of Season Sale’ (Big EOSS) beginning  1st June 2024 . With the stage set to be one of the largest celebrations of fashion, the Big EOSS will offer customers a wide range of trendy styles, premium brands and exciting Gen Z offerings curated on ‘SPOYL’, delivered to every serviceable pin code PAN India. The Flipkart Big EOSS 2024 will offer choices from over 12,000 brands and 2 Lakh+ sellers, with the option of open-box delivery across categories like sports shoes, watche

Kronox Lab Sciences Limited’s Initial Public Offering to open on Monday, June 3, 2024, price band set at ₹129/- to ₹136/- per Equity Share

Price Band of ₹129/- – ₹136/- per equity share bearing face value of ₹10/- each (“Equity Shares”) Bid/Offer Opening Date –  Monday, June 3, 2024  and Bid/Offer Closing Date –  Wednesday, June 5, 2024 . Minimum Bid Lot is 110 Equity Shares and in multiples of 110 Equity Shares thereafter. The Floor Price is 12.90 times the face value of the Equity Share and the Cap Price is 13.60 times the face value of the Equity Share Mumbai, May 29, 2024:  Vadodara based Kronox Lab Sciences (“Kronox” or “Company”), manufacturer of high-purity speciality fine chemicals, has fixed the price band of  ₹129  to  ₹136  per Equity Share of face value ₹10 each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or  “Offer” ) of Equity Shares of the Company will open on  Monday, June 3, 2024 , for subscription and close on  Wednesday, June 5, 2024 . Investors can bid for a minimum of 110 Equity Shares and in multiples of 110 Equity Shares thereafter. The public issue is entirely an offer

Airbnb Unveils 2024’s Summer Travel Trends for Indian Travelers

Popular domestic destinations for the summer  season  include offbeat locales like Varkala, Varanasi along with tourist hotspots like Goa, Delhi and Kochi. Milan, Amalfi, Tokyo, Rome and Frankfurt are  the trending  international destinations for Indian s this  summer season. India, May 29 2024:  As summer kicks in and school vacations begin, Indian travelers are seeking unique experiences and adventures across domestic and international destinations.  Today , Airbnb unveiled the latest trends shaping summer travel preferences amongst Indian travelers, highlighting a growing desire for immersive experiences beyond traditional stays. Within India, trending summer destinations include beach havens like Goa and Varkala), as well as cultural hubs like Varanasi and Delhi, and scenic cities like Kochi. Internationally, Milan, Amalfi, Tokyo, Rome, and Frankfurt have emerged as the preferred destinations, driven by Bollywood films and social media influencers. Amanpreet Singh Bajaj, Airbnb’s G

Swiss Pac India elevates Digital Printing capabilities with HP Indigo 25K

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HP Indigo 25K Digital Press meets the growing demand for a sustainable packaging market  New Delhi,  May 30, 2024  –   As part of its dedication to pioneering packaging solutions, Swiss Pac India has recently integrated the cutting-edge HP Indigo 25K Digital Press into its operations in Gujarat. This strategic installation equips Swiss Pac with the capability to swiftly meet the evolving demands of the market, particularly catering to the needs of small and medium-sized businesses (SMBs). With the HP Indigo 25K, Swiss Pac is poised to deliver vibrant packaging solutions across various sectors, ranging from colorful coffee and tea pouches to sophisticated beauty product packaging, stylish pet food packs, and eco-conscious health food bags. Prashant Vachhani, Managing Director, Swiss Pac said,  “Swiss Pac has always been at the forefront of innovation, from being the first to market with India’s largest stock range of ready-made pouches to now the addition of the HP Indigo to our reperto

Innova Captab Limited reported a strong set of numbers for FY 24

Innova Captab Limited reported a strong set of numbers for FY 24 with Revenue from Operations at  ₹ 1,081.31 crore and Profit After Tax at ₹ 94.35 crore Mumbai: 29th May 2024:  Innova Captab Limited (BSE: 544067, NSE: INNOVACAP)  is an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution and marketing and exports has announced its financial results for the last quarter and full year ended March 31st, 2024   Financial Performance: FY24 v/s FY23   • Total Income for the FY 24 stood at  ₹ 1,093.79 Crore  against  ₹ 935.58 Crore  in FY 23 with growth of  16.9%  over FY 23.   • Revenue from Operation has increased to  ₹ 1,081.31 Crore  in FY 24 from  ₹ 926.38 Crore  in FY 23, registering a growth of  16.7% .   • The Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) stands at  ₹ 166.94 Crore  in FY24, as against  ₹   122.85 Crore  in FY 23, with an increase of

Swiggy HDFC Bank Credit Card will now add cashback to monthly statements for greater benefits

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Starting  June 21, 2024 , Swiggy, India's leading on-demand convenience platform, and HDFC Bank will revise its cashback structure on its Swiggy HDFC Bank co-branded credit card to provide greater benefits to its cardholders. The new cashback structure will now credit and adjust earned cashback directly against the cardholder’s outstanding balance in their monthly credit card statement, rather than as Swiggy Money on the Swiggy app. This change aims to provide cardholders with greater financial flexibility by reducing their statement balance for the next billing cycle. The new structure comes as a standout benefit to consumers, offering unmatched value and enhancing the overall user experience. Since its launch in July 2023, the Swiggy HDFC Bank credit card has seen tremendous growth, with the card base increasing by approximately 70% in the first four months of this year alone, highlighting its popularity and the substantial benefits it offers to users. Cardholders will continue t

DGFT Holds Revised Wastage Norms for Gem & Jewellery Exports: GJEPC

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DGFT Gives GJEPC Time Until  31st July  to Provide Inputs on Standard Input Output Norms (SION) Mumbai,  May 29, 2024 :  On behalf of the industry, the Gem & Jewellery Export Promotion Council (GJEPC) extends its heartfelt appreciation to the Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry for their recent decision to put in abeyance  the changes in maximum  permissible wastage norms for gold, platinum, and silver content in jewellery exports. In a virtual meeting called at a short notice on 28th May, GJEPC played an active role in advocating for a balanced approach that enables minimal disruption to exports and considers both efficiency and the livelihoods of millions associated with the trade. In the meeting, GJEPC informed DGFT officials that the revised norms would have a disproportionate impact on the small and medium-sized enterprises (MSMEs), which represent 85% of all exporters. DGFT has given GJEPC time until  31st July  to provide inputs o

CONSOLIDATED RESULTS FOR QUARTER / YEAR ENDED 31st MARCH, 2024 Responsive Industries Limited

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CONSOLIDATED RESULTS FOR QUARTER / YEAR ENDED 31st MARCH, 2024 Annual Consolidated Net Profit Grew More Than Fivefold to ₹161.26 Crores, up 561.17% Y-o-Y Annual Consolidated EBITDA at ₹261.25 Crores, up 107.36% Y-o-Y Annual Consolidated EPS at ₹6.05 Per Share, up 564.84% Y-o-Y Mumbai,  May 28th, 2024  — Responsive Industries Limited, a leading India-based manufacturer of Luxury Vinyl Plank (LVP), SPC Floors, Resilient Sheet Vinyl, Synthetic Leather, Synthetic Ropes and Waterproofing Membrane, has announced its financial performance for the fourth quarter and year ended on March 31st,2024.   FY24 Results:   Particulars (₹ Cr.) FY23 FY24 % Change Revenue 973.66 1,086.97 11.64% EBITDA 125.99 261.25 107.36% EBITDA Margin 12.94% 24.03% - Net Profit After Tax 24.39 161.26 561.17% Net Profit After Tax Margin 2.50% 14.84% -   4th Quarter Results:   Particulars (₹ Cr.) Q4FY23 Q3FY24 Q4FY24 YoY Revenue 237.15 267.27 288.19 21.52% EBITDA 44.46 67.93 75.74 70.36% EBITDA Margin 18.75% 25.42% 26.28%