Tag Archive for delivers

Prof. Abhijit Banerjee delivers Exim Bank’s 34th Commencement Day Annual Lecture

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Professor Abhijit Banerjee, Ford Foundation International Professor of Economics at Massachusetts Institute of Technology delivering the lecture on "Redesigning Social Policy"at the EXIM Bank's 34th Commencement Day Annual Lecture

Professor Abhijit Banerjee, currently the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology (MIT), delivered the Export-Import Bank of India’s (Exim Bank’s) 34th Commencement Day Annual Lecture in Mumbai on January 9, 2019. Professor Banerjee is also the co-Founder and Director of the Abdul Latif Jameel Poverty Action Lab at MIT and has been an honorary consultant at the Planning Commission of India. He spoke on the topic, “Redesigning Social Policy”.

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Padma Vibhushana Dr. D. Veerendra Heggade, Dharmadhikarigalu, Sree Kshetra, Dharmasthala delivers CMRU Convocation Address

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Highly acclaimed Vedic Scholar and Researcher, Daivajna K.N. Somayaji was awarded the Honorary Degree of “Doctor of Literature” (D.Lit.).

The 3rd Annual Convocation of CMR University (CMRU) was held today at the DWANI Auditorium, CMR Institute of Technology (CMRIT) campus, AECS Layout, Bengaluru. Padma Vibhushana Dr. D. Veerendra Heggade, Dharmadhikarigalu, Sree Kshetra, Dharmasthala was the Chief Guest for the event and he delivered the convocation address.

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L&T Technology Services records 41% YoY revenue growth; 56% YoY net profit rise in Q2 FY19

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

L&T Technology Services (BSE:540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the second quarter and half year ended September 30, 2018.

Highlights for Q2FY19 include:

Revenue at ₹12,661 million; growth of 10% QoQ; 41% YoY
USD Revenue at $177.2 million; growth of 5.5% QoQ and 29.5% YoY in constant currency
Net profit at ₹1,910 million; growth of 56% YoY
Interim Dividend of ₹7.5 per share (Record date November 2, 2018)

During the quarter, LTTS won 6 multi-million dollar deals across Industrial Products, Process Industry and Telecom & Hi-tech. On a YoY basis, LTTS has increased its USD30mn+ clients by 1, USD10mn+ clients by 3 and its USD5mn+ clients by 5.

“We had a strong second quarter with a 29.5% YoY rise in revenues that was broad based. All five of our industry segments grew in double digits on a YoY basis, with Industrial Products also turning around this quarter. Our Revenues from digital & leading-edge technologies increased to 33% and grew by 66% YoY.

We are seeing a healthy deal pipeline and good traction in our focus areas such as Edge computing, Smart Manufacturing, IoT, Electric & Autonomous vehicles. Our customers are investing in new technologies to transform their business and stay competitive. We are in turn continuously scaling up our technology offerings, and the acquisition of Graphene is a step towards consolidating our leadership position in the Semiconductor & Product OEM space.

In Q2 we received multiple recognitions from the industry. LTTS was adjudged ‘Best Company of the Year’ at the 14th Indo-American Chamber of Commerce Corporate Excellence Awards, which is the IACC’s highest honour,” said Dr Keshab Panda, CEO & Managing Director, L&T Technology Services Limited.

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MBL delivers strong margins at 36% in Q4 FY18 - Topline growth at 14% YOY in Q4 FY18

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By  Ashok Punatar Mobile: 09820746494 Email: ashokpunatar@gmail.com

Music Broadcast Limited (MBL), India’s 1st Private FM Radio Broadcaster, has reported its Financial Results for the Quarter and Year ended March 31st, 2018 and has delivered a topline growth of 14% in quarter 4 with a margin of 36%.

Particulars (Rs in Crores)

Q4 FY18

Q4 FY17

YoY %

FY18

FY17

YoY %

Revenue

75.9

66.6

14%

298.3

271.4

10%

EBITDA

27.4

16.6

65%

97.1

91.3

6%

EBITDA Margins

36.0%

24.9%

32.6%

33.6%

PAT

16.3

4.5

261%

51.7

36.7

41%

All the Phase III Stations commenced operations from Q4FY17

  • Key Highlights – Q4FY18 :

  • EBITDA Margins at 36% with a 65% growth in EBITDA

  • EBITDA breakeven in Ph3 markets. Faster than anticipated

  • Robust revenue growth at 14%

  • PAT growth by 261%

 

  • Key Highlights – FY18 :

  • Strong revenue growth at 10%

  • Volume growth better than the industry

  • Revenue growth majorly contributed by volume increase in the New Stations and robust value growth in Legacy Markets

  • EBITDA Margins at 32.6%

  • PAT growth by 41%

  • Volume share Increased to ~21% in the 15 Aircheck markets

  • Market Share in Bengaluru & Mumbai at 25% & 13.7% respectively Read more

Raima Sen once again delivers in Vodka Diaries

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By  K Ashwin  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Raima Sen, who has a Royal family lineage, made her debut in Godmother and has always been known for her acting prowess. Her performances are known to pack a punch. Be it Daman, Chokher Bali, Parineeta, Dus, Manorama Six Feet Under or Bollywood Diaries – her performances have always been acclaimed. Read more

Prof. Pranab Bardhan delivers Exim Bank’s Commencement Day Lecture

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By Vivek K Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

Distinguished economist, Professor Pranab Bardhan delivered Exim Bank’s Commencement Day Annual Lecture in Mumbai on March 14, 2013. He spoke on the topic “The Theory of Trade and Development from the Indian Point of View.” At the Lecture, Mr. T.C.A. Ranganathan, Chairman and Managing Director, Exim Bank of India, said that Exim Bank’s Annual Lecture series, instituted in 1986 to mark the Bank’s Commencement Day, has earned recognition as an important milestone in contributing to the debate and discussions on contemporary trade and development issues impacting global economy. Dr. Urjit. R. Patel, Deputy Governor, Reserve Bank of India, presided over the Lecture.

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