Month: May 2020

TVS Motor Company Operating EBITDA Improves to 8.3% for FY 2019-20

Vijay Raman

TVS Motor Company reported a total revenue of Rs. 16,455.4 Crores for the year ended March 2020 as against Rs. 18,217.5 Crores reported in the year ended March 2019. Along with this, the company successfully transitioned to BS-VI and through sustainable cost reduction improved operating EBITDA margins from 7.9% to 8.3% before accounting for one time costs. These one time costs are Rs. 22 Crores for dealer discounts to transition to BS-VI and Rs. 32 Crores for COVID-19 relief works. TVS Motor Company started the transition from BS-IV to BS-VI…

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Radha TMT Resume Operations with Detailed Standard Operating Procedure for COVID-19 Management

Newsdeck

Hyderabad, Telangana, India Radha TMT the prestigious brand of Radha Smelters Private Limited, and manufacturers of 550 TMT bars, MS Flats, MS Squares and Plain Rounds has just launched its fight against the coronavirus pandemic in a unique way. The company has restarted its production at the state-of-the-art plant taking unprecedented measures. It has formed a Dedicated committee ‘COVID Task Force‘ tasked with the development, implementation, monitoring and undertaking of follow-up actions to ensure the safety, health and well-being of employees/visitors at all times from the risk of exposure and…

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GOGAME Founder Srikanta Magaji All Set to Launch New Social Gaming App

Vijay Raman

Bangalore, Karnataka, India GOGAME Founder, Srikanta Magaji is all set to Launch India’s First Social Gaming App. This Innovative Solution for Gaming and Social curated by 19-year-old CEO. The highlight of GOGAME is that you can play your favourite games and earn real money. GOGAME is a super-fast, competitive, astounding Social Gaming Application, soon available in iOS and Android that brings next level gaming experience to the table, with full-fledged social features. Srikanta Magaji, 19-year-old CEO of GOGAME GOGAME CEO Srikanta Magaji says, “With the mission of capturing a young audience and redefining gaming and…

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HomeLane Posts Revenue of Rs. 230.4 Cr in FY20, Reduces Losses by more than 30%

Vijay Raman

Bengaluru, Karnataka, India HomeLane, India’s preferred home interiors company, today announced its unaudited financial results for FY20, posting a 130% jump in its operating revenues, from Rs. 99.95 crore last fiscal to Rs. 230.4 crore during FY20. Teal Kitchen In FY 2020, HomeLane received orders from about 6,800 customers, growing 131% from about 2,900 customers in FY19. While the company’s revenue continued to see larger volumes from its core category of modular furniture, other products and services, such as false ceiling, painting, soft furnishings, wallpaper, wooden flooring, etc. posted an emerging trend. Contribution…

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Khanvel Resort Turns “Atmanirbhar”, Uses Resort Property to Grow Veggies

Vijay Raman

Mumbai, Maharashtra, India PM Modi announced recently in an address that it intends to make the nation self-sufficient and self-reliant and urged every individual, community and business to adopt the same function. Very close to this vision, MD Nirmal Jain of Khanvel Resort has already converted the huge well spread property into an organic zone. Following this the ‘Atmanirbhar Yojana’ came into existence which promotes the concept of availing local products and services and reinstates the slogan of ‘Make in India’. Khanvel Resorts which has property spread over more than 15 acres…

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Call for Engineering and Technology #DifferenceMakers Across India to Come Forward

Vijay Raman

Bengaluru, Karnataka, India As 2020 highlights engineers and technologists on the global stage more so than ever, where their solutions to world problems and global emergencies means they are making a difference. The Institution of Engineering and Technology (IET) is calling on these difference-makers to come forward and share their stories for the world to hear. Celebrating its 149th anniversary on 17 May 2020, the IET is kickstarting the countdown to its 150th anniversary with the launch of its #DifferenceMakers campaign. The campaign aims to find those using engineering and…

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Atrimed Pharma Launches First-of-its-kind ‘Mahila’ – A Chain of Healthcare Clincs for Women by Women

Vijay Raman

First State-of-the-art clinic in Bangalore – Opportunity for women entrepreneurship Bangalore, Karnataka, India Bangalore based Atrimed Pharma – a pioneer in developing Plant based molecules and takes inspirations from Ayurvedic and traditional medicines to develop drugs, today announced the launch of state-of-the-art Chain of One-Stop Clinic only for Women for Women – Mahila (mahilabyatrimed.com/about-us). It offers a coordinated patient journey from the initial appointment through diagnosis and treatment plan in one place. The initial focus of Healthcare will be detection and treatment of Breast Cancer and Cervical Cancer. he plan of establishing Mahila clinics across…

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Sakthi Masala Contributes to the Chief Minister’s Public Relief Fund for The Second Time by Donating Rs. 5.10 Crore

Vijay Raman

Chennai, Tamil Nadu, India Sakthi Masala, one of India’s reputed food products manufacturers, donated Rs. 5 crore (on 30.03.2020) towards Tamil Nadu Chief Ministers Public Relief Fund in appreciation of the able leadership of the Chief Minister, Mr. Edappadi K Palaniswami for the COVID-19 containment and relief efforts of the state government.The group is making a contribution to the relief fund for the second time by donating Rs. 5.10 crore on 11.05.2020 for providing immediate relief to the people in distress. In total, Sakthi Masala has made contributions to the…

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SRL Diagnostics Joins Hand with Housejoy to Launch Mobile Health Clinic Vans in Bengaluru

Vijay Raman

Bangalore, Karnataka, India SRL Diagnostics, , one of India’s leading diagnostics chain has joined hands with Housejoy, a home maintenance company to develop mobile testing vans which will be deployed across Bengaluru for conducting routine pathological tests. Chief Minister B. S. Yediyurappa at the launch of Mobile Health Clinic Van A basic testing facility available at a pathological lab has been replicated in a bus by Karnataka State Road Transport Corporation (KSRTC) using indigenous technology. The bus comprising of a driver, a doctor and a lab technician is equipped to…

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SBI General Insurance Launches Arogya Sanjeevani Health Insurance Policy, A Standard Health Insurance Policy

Vijay Raman

Mumbai, Maharashtra, India SBI General Insurance launched the standard health insurance policy – Arogya Sanjeevani Health Insurance Policy SBI General Insurance. The policy provides hospitalisation cover anywhere in India with sums insured ranging from Rs. 1 lakh to Rs. 5 lakhs. Pushan Mahapatra, MD & CEO, SBI General Insurance  Pushan Mahapatra, MD & CEO, SBI General Insurance said, “The introduction of Arogya Sanjeevani is a welcome development as this is a product which has been designed at the instance of Insurance Regulatory and Development Authority of India (IRDAI) with standard coverage and…

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