Balaji Amines reports strong growth of 40% in PBT for Q2FY18

For the quarter ending September 2017, the company has reported significant growth of 40% in PBT from Rs33.22cr to Rs46.5cr. During the same period its sales has increased by 17% to 201.2cr from Rs 172.15cr.   Balaji Amines Ltd, World’s largest producer of DMA-HCL and India’s largest manufacturer of Aliphatic Amines announced its second quarter and first half  results ending September 2017, for FY18. On a year-to-year basis, the sales have increased by 17% from Rs. 172.15cr to Rs. 201.2cr. It has reported a strong PBT growth of 40% at Rs…

Read More

Emmbi commences manufacturing of Food and Pharma packaging products, capacity to expand

Emmbi Industries Ltd came out with a record quarterly performance in H1 of FY 2017-18 results declared today by the company. Highlights of H1 of 2017-18 performance: PBT grew by 17.72% vis-a-vis first half of the last financial year to Rs. 9.81 crores. PAT and EPS grew by 16.88% vis-a-vis first half of the last financial year to Rs. 7.30 crores and Rs. 4.13 per share, respectively. Company’s Gross Sales for the first half of FY 2017-18 has increased to Rs. 130.74 crores from Rs. 115.71 crores of FY 2016-17….

Read More

Compuage Infocom Ltd reports encouraging growth of 20.3% in sales for Q2FY18

Sales for the quarter ending September 2017 was up by 20.3% to Rs1133.42crore from Rs 941.78crore. Profit after tax was almost at the same level of Rs 6.6cr as compared to Rs 6.8 crore in the same quarter previous year. Compuage Infocom Ltd (BSE Code 532456), one of the India’s leading IT distribution company announced its Q2 results for FY18. On a consolidated basis, the sales for the quarter has increased by 20% to Rs 1133.42 crore from Rs941.78  crore, reported during the same period previous year. EBIDTA increased by 5.2%…

Read More

Thomas Cook India targets the strong growth potential of smaller catchments within the NCR market

Thomas Cook (India) Ltd., India’s leading integrated travel and travel related financial services company, strengthened its presence in the National Capital Region with the inauguration of a new franchise “Gold Circle Partner” outlet at East Centre Mall, Laxmi Nagar, inaugurated by Mr. Romil Pant- Senior Vice President- Leisure Travel, Thomas Cook (India) Ltd. This expansion augments Thomas Cook India’s distribution and reach in NCR to 16 consumer access centres: 6 owned branches, 10 Gold Circle Partner (franchise) outlets.   The Thomas Cook Gold Circle Partner programme is an exclusive franchise partner initiative that increases the brand’s presence and reach across…

Read More

Singapore at its best festivals

Singapore Food Festival (July 14, 2017 to July 30, 2017) Singapore’s love for food goes well beyond the hawker centres, cafés and Michelin-starred restaurants that pack the city—it runs in our blood. And there’s no better time to eat like a local than at the annual Singapore Food Festival (SFF), where local culture, proud tradition and contemporary dining are served up on a platter. At the annual festival, you can look forward to a curation of local favourites housed under one roof, fun lifestyle events (think barbecues paired with live…

Read More

Goa Most Preferred Destination in India says report

Panjim, May 18: Goa is a tiny State in India, yet a tourism destination par excellence. Goa Tourism’s persistent efforts at marketing and promotion of the State in recent years have borne rich dividends. Receiving more than 6 million tourists, both domestic and foreign who come to experience its natural beauty, tourism adventure activities, festival and cultural tourism and a lot more 365 days of the year, has rightly earned recognition to the State as the Most Preferred Destination for tourists in India, by none other than the Google India…

Read More

Mr. Dinabandhu Mohapatra takes charge as Managing Director & Chief Executive Officer of Bank of India

Bank of India has reduced its Marginal Cost of funds based Lending rate (MCLR)  from 8.50% to 8.40% with effect from May 7, 2017 Mumbai, May 8, 2017: The Government of India has appointed Mr. Dinabandhu Mohapatra as Managing Director and Chief Executive Officer of Bank of India, with effect from May 5, 2017. Bank of India has also reduced its Marginal Cost of funds based Lending rate (MCLR) by 10bps from 8.50% to 8.40% with effect from May 7, 2017. Prior to this Mr. Mohapatra was the Executive Director…

Read More

Menino D’Souza takes charge as Director of Tourism, Govt of Goa

Mr. Menino D’Souza took charge as the Director at the Department of Tourism, Govt. of Goa, here on Monday, replacing Mr. Sanjeev C. Gauns Dessai. Mr. D’Souza who is also the Goa Excise Commissioner will hold additional charge of the post as Director of Tourism following the appointment of Mr. Sanjeev Gauns as Director of Vigilance. On taking charge today, Mr. D’Souza said, “It will be my endeavour to ensure that all policies and decisions pertaining to Goa tourism are executed in the right perspective and all functioning of tourism…

Read More

GST rates will have no inflationary impact: Jaitley

Finance Minister Arun Jaitley today allayed apprehensions about rise in prices of goods and commodities after the roll out of GST saying tax rates will be kept at near current levels to ensure that there is no inflationary impact. Introducing four bills to give effect to the Goods and Services Tax, Jaitley said preparations to roll out the new tax regime is nearing completion and the process to classify categories of commodities will start next month. The aim of the GST Council is to decide everything relating to the tax…

Read More

Sensex ends 122 pts higher ahead of F&O expiry, SBI soars

Markets today carried forward the winning momentum to the second session as the Sensex climbed 122 points to end at about 1-week high of 29,531.43, spurred by SBI and ICICI Bank, ahead of derivatives expiry tomorrow. Mood was also aided by a firming trend at other Asian bourses and a higher opening in Europe, traders said. After a positive start, the 30-share Sensex rose further to hit the day’s high of 29,554.39 and settled up 121.91 points, or 0.41 per cent, at 29,531.43 — a level last seen on March…

Read More