Varmora Granito will invest to generate 1,200 employmentsVarmora Granito Pvt Ltd brand is setting up two state of the art high tech plants at Morbi in Gujarat. Company is planning to invest around `300 crore in 35,000 sq. meters per day facility for large format GVT tiles. The company will gen...
A number of challenges impacted the Indian industries during the complete lockdown period – labour shortage, cargo capacity challenges, manufacturing slowdown, delayed orders, stuck shipments etc. The manufacturing halt further reduced demand for logistics services that resulted in downward pressu...
Most of the industries in India have been in crisis. Many of them are expecting the government's help to rescue them from both supply side and demand side constraints that they have been facing for months.The tea industry of the country speaks differently although it had to suffer huge production lo...
Great Indian Festival is Bharat’s biggest “sellerbration” on Amazon ever! Amazon organised that its Great Indian festival - the biggest opening for its sellers and brand partners. Manish Tiwary, Vice President, Amazon India commented, “Over 1.1 lakh sellers receiving orders, 66% sellers...
Indian Bank announces results for Q2 FY21 Indian Bank has announced results for the second quarter of FY21. The bank’s operating profit is up by 40% - touching `2995 crore for the second quarter of FY21 as against `2135 crore for the second quarter of FY20. Net profit stood at `412 crore for ...
If FY20 was a bad year for the construction equipment sector with an election-induced construction slowdown, liquidity crises, slump in manufacturing, and sporadic floods; FY21 couldn’t have started on a worse note. The on-going Covid-19 outbreak threatens domestic and global growth fo...
The coronavirus pandemic is not just a health emergency – it may just be the cause of a global meltdown. The pandemic could cost the global economy between $5.8trillion and $8.8trillion, according to the Asian Development Bank (ADB). It has exposed some deep-rooted systemic issues whic...
India Power Corporation Limited has embarked on a mission to ensure that its domestic and industrial consumers are assured of electricity supply at affordable rates without suffering voltage fluctuations, power failures, blackouts, and load-shedding. The company's focus on customer-centricity, ...
India has been globally famous for its handloom industry for centuries. From the early seventeenth century, India’s two principal export items to Europe were food grains and textiles. In exchange, India predominantly imported horses and precious metals – mainly silver. For more than two centurie...
Concerns about risk factors of the market and shrinking incomes have led to a sluggish demand in the real estate sector. Ketan Sengupta, CEO, Bengal Peerless spoke to BE's Kuntala Sarkar, regarding how the real estate sector is performing during pandemic. Q. Considering sinking fami...
