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Panasonic unveils New Refrigerator line Made in India

This range is accessible in two sizes, with capacities of 401 and 357 litres, starting at an attractive price point of Rs 55,490. Additionally, Panasonic has introduced a budget-friendly 260-litre frost-free refrigerator.Read more

FIEO lauds export performance starting the new fiscal

Sharad Kumar Saraf, President of FIEO reiterated that the government must look into the key issues such as announcing new FTP after September 2021, release of the necessary funds for RoDTEP & MEIS and clarity on SEIS benefits, softening of freight charges, resolving risky exporters' issues and continuance of seamless refund of IGST.Read more

A COVID19 Relief Package for SMEs

Fiscal stimulus through Direct Benefit Transfer is surely the way to help the economically weaker sections but what about the 7,00,000 tax paying SMEs? Read more

For container freight stations, topline to flatline this fiscal as existential crisis looms

Surging share of direct port delivery (DPD), especially at the Jawaharlal Nehru Port Trust (JNPT), means growth in the container freight station (CFS) industry in India would be facing an existential crisis sooner than later, starting with flatlining of revenues this fiscal.Read more

Existential crisis looms over container freight stations this fiscal year

Surging share of direct port delivery (DPD), especially at the Jawaharlal Nehru Port Trust (JNPT), means growth in the container freight station (CFS) industry in India would be facing an existential crisis sooner than later, starting with flatlining of revenues this fiscal.Read more

Highway project awards surges 70% to all-time high

Awarding of highway construction projects rocketed 70% to an all-time annual high in fiscal 2018, spanning ~7,400 km and valued at Rs 1.2 lakh crore, data from the National Highways Authority of India (NHAI) showed.Read more

LANXESS posts a good start to the new fiscal year

Specialty chemicals company LANXESS continues its profitable growth path. The company ended fiscal year 2017 with record earnings. LANXESS has also made a good start to the new year.Read more

Sunsure Energy eyes INR 200 crore in FY18 revenue

As the last quarter of the fiscal year draws closer, Sunsure Energy Pvt Ltd is all geared up to close an action packed year at an all time high revenue of INR 200 crore from its Solar EPC business. This is a 10x leap in revenues from FY 17 for the New Delhi based company. Read more

LANXESS increases dividend after successful fiscal year

LANXESS started 2017 with a very good first quarter. Global sales of the specialty chemicals company increased by a substantial 25 per cent to EUR 2.4 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals also improved by 25 per cent to EUR 328 million, compared with EUR 262 million in the first quarter of 2016. Net income rose by a substantial 47 per cent to EUR 78 million, against EUR 53 million in the year-earlier quarter. Read more

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