Articles
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6 days ago |
inc42.com | Anne Florentyna
SUMMARY Vaishnaw was speaking at the inauguration of VVDN’s Surface Mount Technology (SMT) Line and Mechanical Innovation Park in Manesar He said that the scheme is expected to boost domestic production, create jobs and reduce import dependency Vaishnaw also revealed in an X post that the sector has created nearly 25 Lakh jobs Days after the Union Cabinet approved the PLI scheme for electronics components, Union Minister Ashwini Vaishnaw has said that the guidelines for the scheme have been...
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6 days ago |
htsyndication.com | Anne Florentyna
India, April 19 -- Days after the Union Cabinet approved the PLI scheme for electronics components, Union Minister Ashwini Vaishnaw has said that the guidelines for the scheme have been finalised and its online portal will be launched soon. Vaishnaw was speaking at the inauguration of VVDN's Surface Mount Technology (SMT) Line and Mechanical Innovation Park in Manesar. He said that the scheme is expected to boost domestic production, create jobs and reduce import dependency.
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6 days ago |
htsyndication.com | Anne Florentyna
India, April 19 -- Logistics unicorn Xpressbees saw an uptick in its consolidated net loss in the fiscal year ended March 31, 2024 (FY24), despite a healthy growth in its top line. The startup, which began operations as the logistics arm of listed new-age tech company FirstCry, reported a 10.8% increase in its loss to INR 199.9 Cr in FY24 from INR 180.4 Cr in the previous fiscal year. Operating revenue grew 11.8% to INR 2,831.3 Cr during the year under review from INR 2,531.5 Cr in FY23.
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6 days ago |
inc42.com | Anne Florentyna
Logistics unicorn Xpressbees saw an uptick in its consolidated net loss in the fiscal year ended March 31, 2024 (FY24), despite a healthy growth in its top line. The startup, which began operations as the logistics arm of listed new-age tech company FirstCry, reported a 10.8% increase in its loss to INR 199.9 Cr in FY24 from INR 180.4 Cr in the previous fiscal year. Operating revenue grew 11.8% to INR 2,831.3 Cr during the year under review from INR 2,531.5 Cr in FY23.
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1 week ago |
inc42.com | Anne Florentyna
SUMMARY The stock was up INR 280.70 per share on the BSE, as of 1:09 PM, reflecting a gain of 6.8% from its last close of INR 262.80 apiece The company’s market capitalisation currently stands at INR 20,928.47 Cr ($2.44 Bn) The stock has been on the upturn for the past three straight sessions, while it is also set for its best day since mid-February Shares of logistics major Delhivery jumped 7.3% to INR 282.05 apiece during the intraday trading session on the BSE today. The stock was up INR...
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https://t.co/8wIbofRWnH @ZolostaysC is set to sell its student accommodation business to @GoodHostSpaces for INR 107.8 Cr via a #slumpsale. 90% of the deal (INR 97.02 Cr) will be payable in cash, while the remaining 10% (INR 10.78 Cr) via OCDs. A story for @Inc42
https://t.co/yzaMzKTf6Q @BluSmartIndia delayed salary payments for the month of March as the electric cab-hailing startup grapples with a financial crisis. @AnmolJaggi assured his employees that all the pending dues will be cleared by the April end. A story for @Inc42
https://t.co/90fWXehfXu Gurugram-based @gonoise entered the GCC region as part of its international expansion plans by partnering with distribution company @limeconcepts to enter the region, under the first phase of its global expansion plan. A story for @Inc42