Tag Archive for operations

Varroc Engineering Ltd. revenue from operations for Q1 FY19 increased by 28.8% YoY to Rs 29,188 million

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

Varroc Engineering Ltd. (Varroc), a global tier-I auto component group, today announced its results for the first quarter ended June 30, 2018 (Q1 FY19).

Summary Consolidated Financials

      (Rs million)

Consolidated Financial Performance

  • Reported revenue from operations for the quarter was Rs 29,270 million, an increase of 20.2% over Q1 FY18. Revenue growth, excluding the impact of Excise Duty in Q1 FY18 and the Interior Plastics Business in North America which was phased out during FY18, was at 28.8% YoY. The India Business revenue increased by 28.3%, the Global Lighting Business (VLS) by 29.1% and Others by 31.8% over Q1 FY18.

  • The reported EBITDA for Q1FY19 was Rs 2,412 million, an increase of 9.1% YoY. EBITDA on a like-for-like basis was up by 26.0% and the EBITDA margin on like-for-like basis for the quarter was at 8.8%.

  • The PAT for the quarter was at Rs 1,004 million as compared to Rs 984 million for Q1 FY18. Read more

HOMTOM India Appoints Nikhil Bhutani as the Director for Product and Operations

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

Nikhil Bhutani

HOMTOM, a leading smartphone brand of Shenzhen, China has now announced its foray in India with the inauguration of its India office at Noida. HOMTOM has further appointed Nikhil Bhutani as the Director for Product & Operations for their India business.

Nikhil Bhutani has a varied and rich experience of more than a decade in the field of business development, distribution management and product development. Prior to HOMTOM, he worked as the Regional Head of Ziox Mobile and, before that, as Regional Manager at Ingram Micro. Besides this, he was also associated with leading organizations like Hyve Mobiles, and The Princeton Review in the past. His diverse exposure to multiple aspects of businesses and his brief stint with Indian Army have instilled in him a “Never Say Die” approach towards his goals, qualifying him as a smart leader for any organization. Read more

#ARM Worldwide appoints Kedar Mehendale to lead West Zone operations

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

#ARM Worldwide – one of India’s leading independent digital marketing and communications consulting firm, roped in Kedar Mehandale as the West Zone head. The strategic senior appointment move comes as a part of its pan-India expansion plan, and further strengthens ARM’s leadership and growing presence in the market.                                                         

As the west zone head, Kedar will be responsible for market expansion, new acquisitions and ensuring smooth functioning across #ARM clients. A major part of his role involves leading digital marketing and brand strategies for clients across verticals. Read more

​Devraj Halder ​​ has joined ​​The Fern Hotels & Resorts as​​ General Manager – Operations (North)​

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

Devraj Halder

​Devraj Halder has joined The Fern Hotels & Resorts as General Manager – Operations (North)​. Before joining The Fern Hotels, he was associated with Royal Orchid, Jaipur.Armed with an MBA, Devraj carries with him more than two decades of work experience, having worked with some of the best national and and international brands. Some of the brands he has worked in the past include, Renaissance Goa Resort, Crown Plaza New Delhi, The Suryaa New Delhi​ etc. Read more

Cathay Dragon celebrates 10 years of passenger flight operations from Bengaluru to Hong Kong

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

Cathay Dragon celebrates 10 years of passenger flight operations between Bengaluru and Hong Kong on 02 July 2018. Since flights were launched in 2008, more than 800,000 passengers have travelled from Bengaluru and approximately 32,000 tons of cargo have been carried.

Cathay Dragon began daily flights in 2008 operating an Airbus 330-300 aircraft. The launch of flights to Bengaluru marked the first time for Cathay Dragon to operate flights from India. Read more

Clarks Exotica Appoints Varun Sharma as its Director of Operations

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

Mr. Varun Sharma

Clarks Exotica Convention Resort & Spa, one of the leading five star resorts in India, is proud to announce the promotion Mr. Varun Sharma as its new Director of Operations. In his new role, Mr. Varun will be responsible to foster synergy and provide operational excellence. Read more

STT GDC India expands its operations by developing a new Data Centre in Bengaluru

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

STT Global Data Centres India Private Limited (STT GDC India), a subsidiary of ST Telemedia Global Data Centres (STT GDC) announced today its new Data Centre (Bengaluru DC3), in Whitefield, Bengaluru. This announcement marks the commencement of the company’s multi megawatt capacity expansion plan spanning across major cities in the country (to be delivered over the next 16 to 20 months) further strengthening STT GDC India’s leadership position in the India data center market. This facility is expected to be operational by the third quarter of 2019.

With rising expectations from enterprises and cloud service providers for data centre facilities that are highly resilient, secure and able to support the growing market needs, Bengaluru DC3 has been designed to ensure that it meets the most stringent of customer requirements. Once fully operational Bengaluru DC3 will: Read more

Luxury real estate market raises it’s head for a bright future Marathon Group and Adani Realty jointly venture project at Byculla, Monte South fast tracks operations

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

https://www.adanirealty.com/assets/sites/images/logo1.png          Marathon Realty Logo - Marathon Monte South Byculla

Monte South- Render

As the real estate market continues to improve every passing day, the impact is being seen on the luxury property market of the city. Marathon Group, a leading real estate company from Mumbai, in association with Adani Realty is developing the premium residential property Monte South at Byculla.

Witnessing a gradual vitality in the market, in tandem with these conditions and to match the forthcoming rise in demand for luxury property, the Group is set to launch the 2nd tower of its ambitious luxury project soon. Read more

HONEYWELL HELPS AIRPORTS SOAR TO SMARTER, SAFER AIRSIDE OPERATIONS

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

Honeywell (NYSE: HON), a global leader in connected airports, today announced new smart airport technology that helps enhance the safety and efficiency of airside operations. The Honeywell NAVITAS™software suite intelligently integrates air and ground traffic control with maintenance operations so airports can more easily accommodate growing air traffic while promoting safety and on-time performance. Read more