business

16 Nov

Runaya receives Crisil BBB+ / Positive Rating: highest credit rating in its sector

Muskan SinghBusiness
New Delhi/Mumbai (India), November 16: CRISIL Rating announced that it has assigned a long-term rating of CRISIL BBB+/Positive to Runaya Private Limited (RPL) while assigning a short-term rating of CRISIL A2. As per CRISIL, the rating reflects high revenue visibility due to the presence of the long-term supplier and customer contracts, strong financial flexibility, and the expectation of healthy return ratios driven by strong performance and efficient working capital management. The positive outlook reflects the expectation that Runaya will sustain the ramp-up in revenue while also improving its operating margins, which could subsequently result in a rating upgrade. CRISIL also…
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16 Nov

OSL’s Generosity & Commitment Towards Odisha Education

Muskan SinghBusiness
Donates another Rs 10,00,000/- (INR Ten lakh) to Mahavinayak Vidyayan, Barchana under  “Mo School Abhiyan” Bhubaneswar, Odisha (India), November 15: In a unique act of charity and ‘giving back to its soil’, Orissa Stevedores Limited (OSL) has donated another Rs 10,00,000/- to Mahavinayak Vidyayan, Barchana under “Mo School Abhiyan”. Recently OSL had extended financial support of Rs 20,00,000/-  to the schools of Cuttack district under the ambitious “Mo School Abhiyan Parichalana Sangathan” (MSAPS) launched by the Government of Odisha. The donation will go a long way in providing a boost towards building infrastructure in the school campus necessary to fulfil…
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15 Nov

Lancer Container Lines Ltd. Posts stellar Q2 Results; PAT Zooms 162%

Muskan SinghBusiness
Mumbai (Maharashtra) [India], November 15: BSE-listed Lancer Container Lines Ltd. (BSE:539841) has announced stellar results for the quarter ended 30 September 2021 (unaudited). Quarterly and Half-yearly Highlights Quarter ended 30 September 2021 (Consolidated):   (Rs. in lakhs) Q2FY22 Q2FY21 % Change YoY H1FY22 H1FY21 % Change YoY Total Revenue 13714.03 7337.39 87% 24862.84 12475.12 99% PAT 601.45 229.39 162% 898.83 448.31 100% Basic EPS (In Rs.) 5.99 2.28 163% 8.95 4.46 100% For the quarter ended 30 September 2021, the Company recorded a stellar increase in revenue, which rose 87%, from Rs. 7337.39 Lakhs (Q2FY21) to Rs. 13714.03 Lakhs (Q2FY22). PAT…
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13 Nov

Cinelal Head Mrs Alankrit Rathod appoints new OTT team

Muskan SinghBusiness
Onboards Shirish Rane as Creative Director & Deepak Chaudhari as head of PR, Marketing and Business Communication Mumbai (Maharashtra) [India], November 13: Cinelal, the brand new OTT platform and the brainchild of dynamic young entrepreneur Mrs Alankrit Rathod, has appointed Film Maker Shirish Rane as Creative Director & Deepak Chaudhari as head of PR, Marketing and Business Communication. Mrs Alankrit Rathod is pleased to announce these new roles and is proud to be associated with the new team. On this new team appointment leading lady of KDR Group, innovative Entrepreneur & Cinelal OTT Chairperson, Mrs Alankrit Rathod, has quoted, “We…
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12 Nov

UniPin Partners with Moonfrog Labs to Add Popular Indian Games on Their Platform

Muskan SinghBusiness
Giving access to local and global audiences to experience favorite games such as Teen Patti Gold and Carrom Gold New Delhi (India), November 12: After kicking off its operation in India this year, the leading digital entertainment enabler, UniPin, continues to expand its ties by partnering with Moonfrog Labs. Moonfrog Labs is one of India’s biggest Indian game publishers, which was founded in 2013 and is now part of Stillfront Group – a Nasdaq Stockholm listed enterprise. The two officially start the partnership on September 15th to make games such as Teen Patti Gold (TPG), Ludo Club and Carrom Gold…
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12 Nov

All You Need to Know about Arvind Tiwari’s Creative and Integrated Campaigns

Muskan SinghBusiness
November 12: Arvind Tiwari is one of the rising business tycoons living in Mumbai, Maharashtra. His business is in the Media Sector and the owner of a film production agency. He has a team of the most talented and innovative people in his PR and Digital team. He is already working with the different famous personalities of the film industry. The best thing about Arvind Tiwari is he never quit making his client’s expectations a reality; that is why his work is always appreciated by each of his clients. He is always known for his vision; he is very visionary…
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12 Nov

Entrepreneur Vansh Mehra creates strides with his prowess in the domain of IT

Muskan SinghBusiness
November 12: To say that this year has been tough for business owners would be an understatement. Overnight, businesses have been forced to adapt and build online businesses to survive the pandemic with little or no training giving rise to a number of digital marketing experts and professionals who are continuously evolving and helping these businesses thrive amid the pandemic. The 25 years old digipreneur, Vansh Mehra is among one renowned specialist who has been scaling businesses through his mindful approaches and advanced digital marketing strategies. He has helped a lot of small and large scale enterprises in increasing their…
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11 Nov

Heritage Infraspace has become a pioneer in the diaphragm wall technology in India

Muskan SinghBusiness
Ahmedabad (Gujarat) [India], November 11: The Ahmedabad-based Heritage Infraspace Private Limited has become a pioneer in the field of diaphragm wall technology in India with the successful construction of about 42 kilometres of diaphragm walls with 50,000 anchors in over 300 projects to date. Recently, the company started its own Ready Mixed Concrete (RMC) services with two batching plants in Ahmedabad and Gurgaon to cut the extra cost and provide higher quality concrete in the small and large-scale construction works. The company is planning to set up concrete batching plants in the metro cities soon. Heritage Infraspace, which is built…
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11 Nov

HidocDr. adds 2,50,000 doctors to its network in pandemic

Muskan SinghBusiness
The AI-based medical learning app has seen its user base swell to more than 8,13,000 Pune (Maharashtra) [India], November 11: HidocDr., India’s leading doctor networking platform, has added more than 2,50,000 doctors to its network during the Covid-19 pandemic to see its overall user base expanding to more than 8,00,000, making it the largest network of its kind in the country. HidocDr. is an AI-based medical learning app for doctors and provides them with evidence-based medical second opinions in under 15 minutes. The platform also provides access to more than a million medical cases, over 30,000 medical journals, learning series,…
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11 Nov

FMCG veteran Satyam Manohar joins Paytm as Vice President.

Muskan SinghBusiness
New Delhi [India], November 11: Senior FMCG professional and Ola’s top executive, Satyam Manohar, joins Paytm as Vice President. Satyam has worked at various leadership positions with FMCGs like Marico, Kellogg’s and Nivea and has several accolades to his name in business scaleup and digital transformation. In his last role, he has served as the Director of Strategy & Planning for Ola Electric for India & Global markets. As per his recent LinkedIn announcement: “I’m thrilled to announce that I’ve joined #Paytm as a Vice President for the EDC business. Feels great to be serving a brand that is trusted…
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