National, November 8, 2024: Indian Metals & Ferro Alloys Ltd (IMFA; estd 1961), the country’s leading fully integrated producer of ferro alloys, announced Q2 FY25 results today for the period ending September 30th, 2024. Financial Performance Q2 FY25 Revenue EBITDA EBITDA Margin PAT PAT Margin EPS (not annualized) Exports ₹ 691.92 cr ₹ 175.62 cr 25.38% ₹ 132.73cr 18.60 % […] The post IMFA Sees Strong Financial Momentum in Q2…
IAMAI Introduces Best Practices Document for Affiliate Marketing in India
Gurugram, November 7, 2024: The Internet and Mobile Association of India (IAMAI) today launched a comprehensive document on the “Best Practices for Affiliate Marketing in India” at the India Affiliate Summit (IAS), India’s premier annual conference for affiliate marketing professionals. Organised by IAMAI, IAS 2024 serves as a platform for thought leaders and industry captains to address key issues within the affiliate marketing ecosystem. Affiliate marketing spending in India currently stands at around $331 million, with projections […] The post IAMAI Introduces Best Practices Document for Affiliate…
Mahindra & Mahindra Q2FY25 First Cut – Robust growth on all counts; SUV demand continues to drive growth
Mahindra & Mahindra Q2FY25 First Cut – Robust growth on all counts; SUV demand continues to drive growth – Company’s standalone revenue recorded double-digit growth of 12.3% YoY and single-digit QoQ growth of 6.6%, totalling Rs. 28,919 crores, beating the market estimates of Rs. 27,063 crores. – The company recorded double-digit revenue growth Revenue growth […] The post Mahindra & Mahindra Q2FY25 First Cut –…
Alembic Pharma Sees 12% Increase in Q2FY25 Profit, Touching Rs. 153 Crores
7th November 2024, Mumbai: Alembic Pharmaceuticals Limited reported its consolidated financial results for the second quarter ended 30th September 2024. Mr. Shaunak Amin, MD, Alembic Pharmaceuticals Limited said “India’s Branded Business continues to enhance execution capabilities in both quality and scale, with the Specialty and Animal Health segments showing good growth. The USFDA successfully inspected our Oncology Formulation Facility (F-2) without any […] The post Alembic Pharma Sees 12% Increase in Q2FY25…
Indian Gas Exchange (IGX) Sees 160% MoM Growth in October 2024
Mumbai, Wednesday, 07 November 2024: The Indian Gas Exchange (IGX) traded 8 million MMBtu (201 MMSCM) gas volume in October’24, higher by 160% on MoM basis. Decreased APM gas allocations to the CGD sector and high global LNG prices have contributed to increased trade volumes. GIXI for October 2024 was Rs 1098/$13 per MMBtu, lower […] The post Indian Gas Exchange (IGX) Sees 160% MoM…
MODIFI Partners with SMBC Asia Rising Fund to Empower Asian SMEs with Export Solutions
Bangalore, 7 November 2024 — MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanPaolo, Heliad and other top-tier global investors. Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s leading banks and a major financial force in the…
Prodigy Finance Secures dollar310 Million to Fuel Ambitions of International Masters Students
[London, November 2024] – Prodigy Finance, a leading global higher education finance company, announces the launch of a new round of funding worth up to $310 million. This marks their second partnership with the U.S. International Development Finance Corporation (‘DFC’). Building on their previous successful funding partnership with DFC, this latest funding round places social impact at its core. The round sets a minimum financing…
Deltin Teams Up with Amazing Goa Global Business Summit 2024 as Entertainment Partner
The Amazing Goa Global Business Summit 2024 will feature a rich tapestry of exhibitions, speeches, international business activities, panel discussions, workshops, seminars, cultural programs, and networking sessions, with a special emphasis on fostering export initiatives. The summit will further address the evolving needs of Goa’s hospitality, tourism, education, healthcare and technology sectors, exploring strategies for […] The post Deltin Teams Up with Amazing Goa Global…
HDFC Life Partners with riidl Somaiya Vidyavihar for Futurance Phase 6 Demo Day Event
Bengaluru, November 6, 2024: HDFC Life, one of India’s leading insurers, recently partnered with riidl Somaiya Vidyavihar, the startup incubation centre supported by Somaiya Trust, to host the ‘Demo Day’ for Futurance Phase 6. Futurance, an ongoing corporate engagement programme, initiated by HDFC Life, is designed to provide startups with opportunities to develop innovative, next-generation […] The post HDFC Life Partners with riidl Somaiya Vidyavihar…
Jaypore Brings Timeless Dokra Art to Life, Supporting Artisan Communities
New Delhi, November 6, 2024: In its mission to bring India’s vibrant craft heritage closer to the world, Jaypore has cultivated partnerships with artisanal communities, textile designers, and independent artisans across the country. These collaborations reimagine traditional crafts with a modern design language that resonates with global audiences, while telling the larger stories behind each […] The post Jaypore Brings Timeless Dokra Art to Life,…