Hudco posts record profit of Rs 725.84 crore in Sept quarter
Hudco has recorded a net profit of Rs 725.84 crore in the second quarter of the current financial year as compared to Rs 335.68 crore in the first quarter, registering a growth of 2.16 times. On a half-yearly basis, the net profit rose by 72% to Rs 1,061.52 crore as on 30.9.2019 as compared to Rs 615.52 crore as on 30.9.2018 in FY 2018-19. Total income in the second quarter rose to Rs 2,053.79 crore from Rs 1,816.19 crore in the first quarter of the current fiscal.
LBSIM, Delhi, to celebrate silver jubilee next year
Lal Bahadur Shastri Institute of Management (LBSIM), Delhi, is celebrating its silver jubilee in the year 2020. It has been imparting value-based education in management and technology. The institute has been nurturing and grooming business leaders with a global outlook, supported by strategic national and international partnerships. It has maintained its tryst with social realities by engaging students to develop special plans for improving the quality of life of underprivileged through a dedicated and specially designed social and rural immersion programme at the national level.
Royal Enfield strengthens
footprint in Himachal
Royal Enfield has announced the opening of its new store in Manali. The store aims to provide one more access point to thousands of Royal Enfield motorcyclists traversing the treacherous mountains passes to Leh, Ladakh each year. The store will have a full-service facility with over five service bays and a crew of fully trained and authorised Royal Enfield service personnel to provide support to the riders. With this launch, the total number of stores has gone up to 13 in Himachal Pradesh, further expanding its presence in the region.
Bunge India, Rohtak kirana traders launch ‘Swachh Bharat Abhiyan’
Taking ahead the legacy and responding to the nation’s call, wholesale and retail kirana traders of Old Anaj Mandi, Rohtak, along with members of Chaubisi Pariwar (Regd.) carried out massive cleanliness drive at Old Anaj Mandi area of Rohtak recently. The initiative was supported by Bunge India, manufacturers of Gagan refined oils and Gagan vanaspati ghee. More than 50 people participated in the drive.
GBP Group gets overwhelming response during festive period
Real estate developer GBP Group has announced that it has received an overwhelming response from home buyers during the festive period. The group sold 400 units worth Rs 150 crore in 60 days of the festive period. Last year, the group had sold 340 units worth Rs 100 crore during this period.
Clat Possible organises
law awareness summit
Clat Possible recently organised National Law School Awareness Summit-2019 in Chandigarh in association with Hindustan Times & PACE. Over 700 students from schools of Chandigarh attended the summit. Besides Dr Surabhi Modi Sahai, MD & CEO, Clat Possible, Mohd Asadullah, founder, CLAT Gyan, advocates Angel Sharma and Anhad Singh Miglani of the Punjab and Haryana High Court also attended the summit.
Malabar Gold & Diamonds’
‘Men in Platinum’ campaign
Malabar Gold & Diamonds has launched a unique campaign targeting men by putting a large collection of specially curated platinum ornaments on sale. Titled ‘Men in Platinum’, the campaign began on November 14 at its Ludhiana showroom and will continue till December 15. Bracelets, chains, rings and ‘karas’ of platinum under the brand name ‘Mine’ will be available during the sale. The group currently has a strong retail network of more than 250 outlets across 10 countries.
Lenovo launches ThinkBook specially dedicated to SMBs
Lenovo has launched a new sub-brand dedicated to small and medium-sized businesses (SMBs) called ThinkBook. Newest additions to this product offering are ThinkBook 14 and ThinkBook 15 which embrace the portability of modern consumer-oriented devices and the performance to empower tomorrow’s business leaders.
Hines and Conscient unveil
luxury residential project
International real estate firm Hines and Conscient Infrastructure Pvt. Ltd have commenced work on developing a premium residential project – Elevate – in Gurgaon. The project, estimated to cost Rs 2,000 crore, is the Hines’s first residential venture in India. Located on Golf Course Extension Road, in Sector 59, Elevate is a thoughtfully designed high-quality residential project offering premium flats priced between Rs 2.5 crore and Rs 4.2 crore.
Intuit QuickBooks launches online accountant in India
Intuit QuickBooks has announced the launch of QuickBooks Online Accountant in India – an online practice management solution specifically designed for chartered accountants (CAs) to take their practice to the next level. It helps CAs to grow their practice and manage their clients at one place.
ITI Mutual Fund opens
branch in Ludhiana
ITI Group, which had launched mutual fund business under the brand name ITI Mutual Fund in April this year, recently opened its branch in Ludhiana. It was inaugurated by George Heber Joseph, CEO & CIO, ITI Mutual Fund.
Discovery Channel to air
‘Man Woman #MeToo’
According to National Crime Records Bureau (NCRB), every 20 minutes, a woman is raped in India. 93% of these rapes are committed by someone known to the victim. The #MeToo movement, a war cry that united woman across the globe to boldly stand up and raise their voice against sexual harassment, found a huge support in India. Discovery Channel has produced a show titled ‘Man Woman #MeToo’. The show will go on air on November 29 at 9 pm on Discovery Channel and Discovery Channel HD.
GoAir maintains lead in
on-time performance
GoAir has maintained its lead in on-time performance for the 14th consecutive month. This has come at a time when the airline is celebrating its 14th anniversary. According to data released by the DGCA, GoAir registered 79.9% on-time-performance in October 2019, the highest among all scheduled domestic airlines.
Killer Jeans clocks
24% revenue growth
Kewal Kiran Clothing Ltd has reported a 10% growth in revenue in the second quarter of the current fiscal. The company’s leading brand ‘Killer Jeans’ has clocked strong sales growth of 24.2% year-on-year, while sale of other brands grew by 11.4%.
Planet Fashion launches ‘The Stylish Wedding Collection’
Planet Fashion from Aditya Birla Fashion and Retail Ltd. is again celebrating the onset of the grand wedding season with its ‘The Stylish Wedding Collection’. The exclusive wedding ensemble for men would boast the best of suits from top-notch brands like Louis Philippe, Van Heusen, Allen Solly and Peter England.
JK Cement unveils wall
putty in new avatar
JK Cement has announced a brand refresh for its iconic brand, JK Wall Putty with its all new avatar – JK Cement WallMaxX. The company has rolled out a new TV campaign across the country, announcing the brand re-launch, to further strengthen the brand’s key positioning.
Reliance Jio adds 3 lakh
subscribers in Punjab
Riding on its biggest, fastest and largest true 4G network in Punjab, Reliance Jio has added around 3 lakh subscribers in September alone, as per the latest telecom data released by TRAI. With this addition, Jio continues to remain the undisputed market leader in Punjab with the highest customer base of 1.30 crore subscribers.
Canara Bank celebrates
114th foundation day
Canara Bank recently celebrated its 114th founders day by hosting a customers’ meet. It was chaired by circle head BP Jatav, DGMs Prabhat Kiran and Sucha Ram and Regional Head Satinder Kumar. The circle head talked about how mutual growth of the bank and customers benefitted both. The customers were given insights of the business position of bank.
Isuzu offers discount
on BS-IV vehicles
Isuzu Motors has urged its buyers to avail price benefits on its range of vehicles. Keeping in line with the upcoming regulatory mandate, the company will close the production of BS-IV compliant vehicles by December-end. The BS-VI models – Isuzu D-MAX V-Cross and mu-X SUV – are expected to be priced Rs 3 to 4 lakh more. The price of commercial range – D-MAX Regular Cab and D-MAX S-CAB – will also increase by Rs 1 to 1.5 lakh.
Fortis holds awareness
meet on heart ailments
Dr RK Jaswal, director, cardiology, Fortis Hospital, Mohali, recently disclosed there are 98% chances of survival if a patient is treated within the first two hours of the onset of heart attack. He had organised a patient and public awareness programme to educate the masses about how to survive a heart attack and lead a high-quality life thereafter. Over 400 patients attended the awareness session.
Red Chief ropes in Vicky Kaushal as ambassador
Leayan Global Pvt. Ltd., has roped in actor Vicky Kaushal as the brand ambassador for its footwear brand Red Chief. The company has a robust distribution network and its products are available through 3,000 plus multi-brand outlets, over 170 exclusive stores and all leading e-commerce platforms.
Microsoft rolls out education transformation framework
Committed to empowering students with future-ready skills, Microsoft has rolled out its K12 Education Transformation Framework to schools across the country during the second edition of Microsoft Education Days in Gurugram recently. Microsoft Education Days 2019 brought together more than 700 school leaders, educators, students and Microsoft partners to deliberate on the future of learning.
