JK Paper reports Q2 turnover of Rs 1,777cr amidst rising costs and market pressures

JK Paper reports Q2 turnover of Rs 1,777cr amidst rising costs and market pressures

JK Paper Limited reported its financial results for the quarter ended September 30, 2024, showcasing a solid turnover of Rs. 1,777 crore on a consolidated basis. However, the company grappled with profitability due to elevated wood costs and increased competition from lower-priced imports. Despite these challenges, JK Paper’s EBITDA stood at Rs. 295 crore, while […]

Kitex Garments’ profits skyrocket as Bangladesh unrest fuels Indian garment industry boom

Kitex Garments’ profits skyrocket as Bangladesh unrest fuels Indian garment industry boom

Kitex Garments Limited has reported an unprecedented financial performance for the second quarter of FY25, as the company witnessed a surge in profitability driven by strong demand and favorable market conditions. The net profit nearly tripled to ₹39.94 crore, up from ₹13.21 crore in the same quarter last fiscal, primarily benefiting from the rising unrest […]

Sagar Cements reports 19% revenue decline in Q2 FY25 amidst tough market conditions

Sagar Cements reports 19% revenue decline in Q2 FY25 amidst tough market conditions

Sagar Cements Ltd. has reported a 19% decline in revenue for the second quarter of FY25, amounting to ₹475 crore, down from ₹587 crore in the same period last year. The dip highlights the ongoing challenges faced by the cement industry, particularly due to adverse weather conditions and sluggish project completions impacting demand. Sales volume […]

Blue Cloud Softech’s AI-powered solutions are set to transform tech landscape in India

Blue Cloud Softech’s AI-powered solutions are set to transform tech landscape in India

Hyderabad-based Blue Cloud Softech Solutions Limited has made a substantial advancement in the domain of artificial intelligence, unveiling four innovative AI-powered products in India. The official announcement took place during a prestigious event in Hyderabad on October 7, 2024, attended by Telangana IT Minister Sri Duddilla Sridhar Babu and Former Special Chief Secretary Ajay Mishra. […]

MosChip Technologies launches innovative DigitalSky to empower global enterprises

MosChip Technologies launches innovative DigitalSky to empower global enterprises

In a significant move towards transforming the future of enterprise technology, MosChip Technologies announced the launch of its innovative digital solutions suite, MosChip DigitalSky. This powerful new platform is designed to help businesses modernize their operations and embrace intelligent, connected systems that integrate cutting-edge technologies such as IoT, Cloud, AI, GenAI, and data modernization. This […]

Explosive political drama: Samantha and Naga Chaitanya’s divorce becomes a national controversy

Explosive political drama: Samantha and Naga Chaitanya’s divorce becomes a national controversy

In an astonishing turn of events, the personal and private divorce of popular South Indian actors Samantha Ruth Prabhu and Naga Chaitanya has become entangled in a political firestorm. This intimate matter was thrust into the spotlight when a Telangana state minister made explosive claims that a powerful political figure was responsible for their separation. […]

Jani Master’s shocking confession: Stree 2 choreographer reportedly admits to sexual assault of ex-employee

Jani Master’s shocking confession: Stree 2 choreographer reportedly admits to sexual assault of ex-employee

The Telugu film industry has been rocked by the shocking confession of renowned choreographer Shaik Jani Basha, better known as Jani Master, who admitted to sexually assaulting a former employee. The 21-year-old victim, who worked under Jani Master as an assistant choreographer, accused him of repeated abuse over several years, starting from when she was […]

IRIS Business Services to help Telangana hit trillion-dollar economy goal with new tech

IRIS Business Services to help Telangana hit trillion-dollar economy goal with new tech

In a strategic move aimed at boosting the MSME ecosystem, IRIS Business Services Limited, a global fintech company, has signed a Memorandum of Understanding (MoU) with the Government of Telangana. This collaboration is part of the state’s broader vision to accelerate its economic growth, with a long-term goal of becoming a trillion-dollar economy by 2035. […]

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