Everest Kanto Cylinder Limited (EKC), a prominent global manufacturer of seamless steel gas cylinders, has announced a robust performance for the second quarter of the fiscal year 2025, with consolidated revenues surging by 22.7% year-on-year to ₹367.3 crore. The clean energy solutions company also reported a 47% increase in profit after tax (PAT), reaching ₹38.6 […]
Platinum Industries Limited, a leading manufacturer of PVC and CPVC additives, announced a remarkable 64.7% revenue growth for the first half of FY25, exceeding ₹2 billion in consolidated revenue. The company, which is the third-largest player in India’s PVC stabiliser market, attributed the growth to robust demand in domestic and international markets. For the second […]
Dabur India Limited, one of India’s leading names in Ayurveda and FMCG, has reported a consolidated net profit of Rs 425 crore for the second quarter of 2024-25, while revenue stood at Rs 3,029 crore. Despite a challenging macroeconomic landscape, including high food inflation and constrained urban demand, Dabur has managed to navigate these difficulties […]
UN Secretary-General António Guterres has delivered a powerful warning, stating that Gaza faces an alarming risk of “ethnic cleansing” if the international community does not intervene immediately. With casualties soaring and essential resources such as water and fuel becoming critically scarce, Guterres has implored world leaders to facilitate a humanitarian ceasefire and prevent further human […]
After the killing of Yahya Sinwar, Hamas faces a strategic crisis as it works to reorganize and recover. Sinwar, who served as the leader of Hamas’s military wing in Gaza since 2017, was confirmed dead following an Israeli airstrike in Rafah. The militant group now moves cautiously, concealing the identity of its new leader—a move […]
Israel has elevated its military readiness to the highest alert level in anticipation of the forthcoming first anniversary of the October 7, 2023 attack by Hamas, which resulted in over 1,200 fatalities and triggered a profound escalation of regional conflict. As this significant date approaches, the Israeli Defense Forces (IDF) have intensified preparations for potential […]
Hamas representatives engaged in intense negotiations with Qatari and Egyptian mediators in Doha on September 11, 2024, as talks over a potential hostage exchange and ceasefire deal with Israel reached a critical juncture. Both sides are struggling to find common ground amid escalating tensions and continued violence in the Gaza Strip. Mediators are facing increasing […]
AngloGold Ashanti has reached an agreement to acquire Centamin in a $2.5 billion cash and stock deal, positioning itself as the fourth-largest gold producer globally. This strategic acquisition gives AngloGold Ashanti control over Centamin’s flagship Sukari mine in Egypt, the largest gold mine in the country, boosting its annual production by around 450,000 ounces to […]
In a significant move to overhaul Egypt’s telecommunications landscape, Nokia has announced a strategic partnership with Telecom Egypt. This collaboration marks the introduction of 5G technology in Egypt, with the deployment set to enhance connectivity in major cities including Cairo, Alexandria, Giza, Luxor, and Aswan. Under the deal, Nokia will utilize its AirScale portfolio to […]
In a grave development near the Gaza Strip’s border with Egypt, an Egyptian soldier was killed on Monday in what has been described as a “shooting incident” near the city of Rafah. This incident adds another layer of complexity to the already volatile situation in the region, which is witnessing an ongoing conflict between Israel […]