Accelerated demand for flexible workspaces contributed to increased revenues and EBITDA · TEC India contributed US$15 million in EBITDA ● Achieved a 31% YoY increase in EBITDA for TEC India ● India demand strengthened with average occupancy standing at 92% across centres ● India market growing as the third largest market for TEC globally The Executive Centre (TEC), the leading premium flexible workspace provider with more than 180 centres in 33 cities and 15 markets across the world’s fastest growing economies of Asia Pacific and the Middle East, has delivered…
Read MoreDay: 5 April 2023
An all time record cargo handling in 2022-23 at SMP, Kolkata after 1870
In its 153 years history, Syama Prasad Mookerjee Port, Kolkata (SMP Kolkata) including Kolkata Dock System and Haldia Dock Complex, for the first time, handled 65.66 million tones of Cargo in 2022-23, recording an all time high throughput which is a 12.87% increase from the previous record of 58.175 million tones moved in 2021-22. In 2022-23, SMP, Kolkata recorded highest ever growth of Traffic of 7.5 million tones done, in comparison to previous years, which is the highest quantum growth achieved in its history. SMP, Kolkata had earlier…
Read MoreNumaligarh Refinery Limited achieves highest-ever Crude throughput and Distillate yield
Numaligarh Refinery Limited (NRL) has achieved a major milestone by recording the highest-ever crude throughput of 3.093 million metric tonnes (MMT) against its nameplate capacity of 3.0 MMT in the FY 2022-23. Additionally, the company has also achieved a distillate yield of 87.6%, the highest since its inception. NRL has accomplished this feat while keeping Capital Expenditure at ₹ 6,615 Crore, which is the highest ever till date, surpassing its earlier record of ₹ 3,605 Crore in the FY 2021-22. The Company has concluded FY 2022-23 on a positive…
Read MoreMOIL Limited records 2nd highest Production since inception in FY’23
MOIL Limited has recorded its second highest production since inception, registering 6% growth over the previous year record with the production of 13.02 lakh tonnes of Manganese (Mn) Ore in Financial Year 2022-23. Capital expenditure of Rs.245 crores has also been achieved in FY’23, which is 14% higher than Financial Year 2021-22. Shri Ajit Kumar Saxena, CMD MOIL Limited, congratulated MOIL on the achievements and expressed confidence that MOIL is poised to achieve much higher levels of production in the coming years, with strategies and action plan for it…
Read MorePeople should be more responsible of their words and actions on social media says Ishita Gupta
In recent news, Bollywood actress K**has once again targeted the Gen Z on social media. This time, she took a jab at those who speak Hindi in a British accent, calling them “annoying and irritating.” It is widely believed that the actress was specifically targeting Ishita Gupta, a young woman who had earlier been attempted to be unsuccessfully trolled by K**. It all started when Ishita posted a video of herself on social media, taking a casual stroll back home after a gym session. K**, who has been known…
Read MoreHÜBNER opens new plant in India
· HÜBNER Group invests about 11 million euros and expands production capacities for mobility markets in Asia-Pacific. · HUBNER India produces among others over 500 gangway systems for Indian Railways (Train 18) and over 800 gangway systems for Indian manufacturer BEML (Mumbai Metro). · A total of 175 people will be employed at the new plant, also to expand local engineering competencies. · The new plant was built as a “green” factory with sustainable materials and local companies. With a new plant near Bengaluru, the HÜBNER Group is strengthening…
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