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  • Spanish Congress approves State of Alarm extension until May 9, 2021
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  • War against COVID-19: MP’s body count rises to 2,929
  • Accident claims 3
  • MP CM bows to Keshubhai
Business Economy


Rs 35,000 cr annual revenue target set for REC Ltd

New Delhi, Oct 1 (UNI) The Department of Public Enterprises (DPE) has finalised Rs 35,000-crore annual revenue target for REC Ltd in the current financial year, up by 17.5 per cent from the previous year achievement.
Operating profit margin target has been set at 28 per cent as against 23.23 per cent achieved in previous year and target for parameter ‘Profit After Tax as a per cent of Average Net worth’ has been set at 17 per cent as against 14.05 per cent achieved in previous year, according to a Power ministry statement on Thursday.
Several other performance-related parameters and non-financial parameters including parameters relating to Government of India’s ambitious program of DDUGJY have also been agreed to. The MoU was signed by REC Limited CMD Sanjeev Kumar Gupta and PFC Limited CMD Ravinder Singh Dhillon.
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Laurus Labs’ Q2 net jumps manifold to Rs 242 crore in Q2 FY21

29 Oct 2020 | 11:02 PM

Hyderabad, Oct 29 (UNI) Hyderabad-based Laurus Labs Ltd net profit for the second quarter ended September 30,2020, increased multiple times at Rs 242 crore against Rs 57 crore in the corresponding period in the previous year.

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Telangana Dharnai portal is a great relief to people: Hosing com Group COO

29 Oct 2020 | 9:53 PM

Hyderabad, Oct 29 (UNI) Inauguration of land web portal ‘Dharani’ by the Telangana government on Thursday, will come as a relief to people who get bogged down by cumbersome procedures, said Mani Rangarajan, Group COO, Housing.com, Makaan.com and PropTiger.com.

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Corporates to scout for startups from Kerala in KSUM-NASSCOM programme

29 Oct 2020 | 9:25 PM

Thiruvananthapuram, Oct 29 (UNI) Seeking to provide the best business opportunities for startups by seizing the demand from the corporate sector, Kerala Startup Mission (KSUM) is organising a five-day “Corporate Demand Week” from November 2, in association with National Association of Software and Service Companies (NASSCOM).

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MoEngage Named a Leader in the 2020 Gartner Magic Quadrant for Mobile Marketing Platforms

29 Oct 2020 | 9:23 PM

Company has achieved rapid growth and adoption of its AI-powered, insights-led customer engagement solution
SAN FRANCISCO, Oct. 29, 2020 /PRNewswire/ -- MoEngage, the leading insights-led customer engagement platform, today announced that it has been named a "Leader" in the 2020 Gartner Magic Quadrant for Mobile Marketing Platforms report. This is the third consecutive year that MoEngage has been recognized in this report. A complimentary copy of the report is available here.

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DENSO Products and Services Americas Named 2020 North American Aftermarket Automotive Company of the Year

29 Oct 2020 | 9:22 PM

DENSO recognized for excellence in aftermarket products, model customer service and training programs
SANTA CLARA, Calif., Oct. 29, 2020 /PRNewswire/ -- Based on its recent analysis of the North American automotive aftermarket, Frost & Sullivan has honored DENSO Products and Services Americas, Inc. with its 2020 North American Aftermarket Automotive Company of the Year Award. The international consulting firm, a global expert in strategic growth, recognizes companies and organizations that model excellence in growth strategy and implementation, product and technology innovation, and leadership that increases customer value and market penetration.

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