Business – Spectra News

Aug152024 by Spectra News DeskNo Comments

78th I-Day celebrated with great enthusiasm at KVIC headquarters in Mumbai

Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises (MSME) presided over the flag hoisting ceremony at Central Office, Vile Parle, Mumbai on the occasion of 78th Independence Day. On this occasion, officers and employees of KVIC Mumbai organised a Tiranga Yatra under the leadership of Chairman KVIC. Chairman KVIC also inaugurated the recently renovated ' Mahatma Hall ' in the premises. On this occasion, prize distribution programmes were also organised along with cultural programmes. (Image Source: Ministry of Micro,Small & Medium Enterprises) Addressing the flag hoisting ceremony, Chairman KVIC Manoj Kumar extended greetings on 78th Independence Day to all the officers and employees present in the premises as well as Khadi workers, s...

Aug142024 by Spectra News DeskNo Comments

Sandeep Poundrik takes charge as Secretary, Ministry of Steel

Breaking News, Business, Education, National

Sandeep Poundrik on August 13 assumed charge as Secretary, Ministry of Steel, at Udyog Bhawan. He is a 1993-batch IAS officer from Bihar cadre. Upon his assumption of charge, he was welcomed by senior officers of the Ministry. Poundrik was holding the charge of Additional Chief Secretary in the Industries Department and also held additional charges of several other positions in the Bihar government. (Image Source: Ministry of Steel) He had previously served as Advisor in the National Disaster Management Authority (NDMA) under the Ministry of Home Affairs and as Joint Secretary in the Ministry of Petroleum and Natural Gas. After assuming the charge, he took a meeting with senior officers of the Ministry to review the progress of steel sector in the country.

Oct312023 by Spectra News DeskNo Comments

Urban Vault plans to enter markets in Delhi, Hyderabad & Pune in coming year

Breaking News, Business

Urban Vault, one of the leading managed office space providers in India, has announced the addition of 10,000 desks across major micro-markets of Bengaluru as part of the company's strategy to expand its portfolio to meet rising demand for flexible workspace. Founded in 2018, Urban Vault currently has 15,000 desks across 40 centres in Bengaluru. The total area under its portfolio is 10 lakh square feet. With this latest addition, Urban Vault's total inventory of managed co-working seats in Bengaluru will surge to an impressive 25,000. "There is a huge demand for managed flex spaces from corporates of all sizes. We are expanding our portfolio in a big way. We are adding 10,000 seats across prime locations in Bengaluru," Urban Vault Co-founder and CEO Amal Mishra said. The company w...

Oct242023 by Spectra News DeskNo Comments

Eye-Q introduces cutting-edge I-LASIK Machine at its Vision Plus Centre, Vadodara

Business, Health

Eye-Q, the leading hospital eye care chain, has installed cutting-edge I-LASIK Machine at its Vision Plus Centre, Vadodara. The inauguration event, held on October 19, marks a significant milestone for Eye-Q, reaffirming the organization’s unwavering commitment to enhancing the vision and lives of youngsters across India. Eye-Q’s Vadodara facility is poised to redefine the eye care landscape by delivering advanced I-LASIK treatment to youngsters and enabling them to achieve their dreams. Eye-Q’s target demographic includes individuals aged 18-35 who aspire to break free from the confines of eyeglasses. The I-LASIK Machine offers a comprehensive solution, encompassing a broad spectrum of visual impairments, including mild to severe nearsightedness with or without astigmatism, farsight...

Oct92023 by Spectra News DeskNo Comments

DS Group To Infuse Over Rs 500 Cr to expand its current Hospitality portfolio

Business

Dharampal Satyapal Group (DS Group), a multi-business corporation and a leading FMCG Conglomerate, is set to significantly expand its presence in the hospitality sector with a cumulative investment of over INR 500 crores in the six properties it currently owns. With this investment, the DS Group is poised to achieve a CAGR of 15% in the hospitality segment over the next 2-3 years which is higher than the industry. As part of its expansion plan, DS Group aims to acquire three new properties over the next three years to make it a total of nine premium properties across the country. The three new properties will be in India's North and Eastern regions. Upon completing this expansion plan, DS Group aims to have a total of 1500 keys across its hospitality properties thus, reinforcing i...

Sep242023 by Spectra News DeskNo Comments

Salad Days is all set to bring natural fare in OneRare Foodverse

Business

OneRare is thrilled to announce its partnership with Salad Days, a brand that has always been at the forefront of sustainability, inspiring a community of health-conscious individuals who share a passion for organic meals and sustainable living. The brand continues to innovate and inspire, both on the plate and in the digital realm. Salad Days believes that salads are not just sides, but rather full and satisfying meals that can contribute to one’s overall well-being. In a bid to combine their passion for healthy eating with the growing trend of digital collectibles, Salad Days is set to launch its own line of NFTs in the OneRare Foodverse offering a unique and immersive experience for foodies across the globe. Salad Days’ foray into the OneRare Foodverse marks an exciting milestone for...

Sep52023 by Spectra News DeskNo Comments

Indian Railways crosses mark of 500 MT freight loading on cumulative basis in first 4 months of this Financial Year

Breaking News, Business

Indian Railways (IR) has crossed the mark of 500 MT freight loading on a cumulative basis, yet again, in the first four months of this Financial Year. From April-July 2023, freight loading of 507.7 MT has been achieved against the last year loading of 501.55 MT, an improvement of 1.23 per cent over last year loading. Railways have earned Rs 55459 crore against Rs 53731 crore over the last year which is an improvement of 3.22 per cent as compared to the same period last year. (Image Source: Ministry of Railways) From April-July 2023, on cumulative basis, IR's total earning has been approximately Rs 80869 crore (including coaching, goods, sundry, other coaching earnings) against Rs 75847 crore over the last year which is an improvement of 6.62 per cent as compared to the same pe...

Sep22023 by Spectra News DeskNo Comments

‘Mega Oil Palm Plantation Drive’ organized in 49 districts of 11 states

Breaking News, Business

Under the National Mission on Edible Oils – Oil Palm, the state governments along with Oil Palm processing companies initiated a 'Mega Oil Palm Plantation Drive' that commenced on July 25 to further promote and increase oil palm cultivation, making the country and its farmers ‘Atma-Nirbhar’ in edible oils production. This will further assist in achieving the target of bringing an additional area of 6.5 lakh ha. under oil palm production by 2025-26. The major oil palm growing states where the plantation drive was organized are Andhra Pradesh, Arunachal Pradesh, Assam, Goa, Karnataka, Mizoram, Nagaland, Odisha, Tamil Nadu, Telangana, and Tripura. The Oil Palm Processing companies such as Patanjali Food Pvt. Ltd., Godrej Agrovet, and 3F participated actively in the drive. Apart from th...

Aug172023 by Spectra News DeskNo Comments

MOIL achieves record-breaking production and sales in July

Breaking News, Business

MOIL Limited, the largest producer of manganese ore in India, has recorded its best-ever performance for the month of July since its inception. The company produced 1.20 lakh tonnes of manganese ore in July 2023, registering a remarkable growth of 71 per cent compared to the same period last year. This is the highest-ever July production achieved by MOIL in its history. MOIL Limited has also recorded its best-ever sales of 0.94 lakh tonnes in July 2023, witnessing an impressive growth of 69 per cent over the corresponding period last year. The sales performance reflects the strong demand for manganese ore in the domestic and international markets.

Aug172023 by Spectra News DeskNo Comments

NHPC records highest ever Quarter-I Standalone Profit after Tax

Breaking News, Business

NHPC Limited, India’s premier hydropower company, has reported its highest ever Quarter-I Standalone Profit after Tax (PAT) of Rs 1,053 crore for the financial year 2023-24, against PAT of Rs 1050 crore for the corresponding previous quarter. The NHPC Board approved the Q-1 FY23-24 results in their meeting held on August 11. NHPC’s total installed capacity is 7097.2 MW of renewable power (including Wind & Solar) through its 25 power stations including 1520 MW through subsidiaries.