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Business Economy


Signs of pick - up in global demand for select industrial commodities amidst overall subdued trade: EEPC India

Signs of pick - up in global demand for select industrial commodities amidst overall subdued trade: EEPC India

Kolkata, Sep 28 (UNI) Global demand for industrial commodities is giving signals for pick-up with iron and steel, copper and zinc along with products showing a marked improvement in exports in the first five months of the current fiscal, in an otherwise pandemic-hit external trade, an EEPC India analysis has pointed out.
While the overall engineering exports from India dropped by 18.73 per cent during April-August,2020-21, iron and steel saw a huge jump of 43.7 per cent over the same period of the last fiscal.
Exports of iron and steel during this period went up from USD 3.7 billion for the five - month period of 2019-20 to USD 5.3 billion in the corresponding months of the current financial year.

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Coforge reports an industry-leading performance in Q2 FY21

22 Oct 2020 | 10:52 PM

NOIDA, India, Oct. 22, 2020 /PRNewswire/ --
Industry-leading sequential growth:
10.7% quarter-on-quarter growth in dollar terms
8.1% quarter-on-quarter growth in constant currency (CC) terms
9.1% quarter-on-quarter growth in rupee terms
Strong order booking and deal signings:
Secures two large deals, order intake of US$201mn during the quarter
Order book executable over the next 12 months up 21% YonY to US$489mn
Robust operating metrics and significant headcount addition:
EBITDA margin (before RSU cost) expands 174 bps QonQ to 18.8%
Attrition at 10.5% ― among the best in industry
Total headcount at 11,162 ― implying a net addition of 564 employees QonQ
Coforge Limited (NSE: COFORGE), a leading global IT solutions organization that was erstwhile known as NIIT Technologies Ltd, today announced an industry-leading growth performance for the quarter ended September 30, 2020 (Q2FY'21).

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Huawei Launches Petal Search, Petal Maps, HUAWEI Docs and More

22 Oct 2020 | 10:51 PM

SHENZHEN, China, Oct. 22, 2020 /PRNewswire/ -- Huawei today announced new developments to Huawei Mobile Services ecosystem at the HUAWEI Mate 40 Series launch event, launching Petal Search, Petal Maps, and HUAWEI Docs, levelling up global Huawei users' digital experience with other new updates.

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MARG ERP Limited awarded Guinness World Record holder; Largest Online Business Webinar broke all world records

22 Oct 2020 | 10:50 PM

NEW DELHI, Oct. 22, 2020 /PRNewswire/ -- MARG ERP has added one more feather in its cap by organizing world's largest webinar on its platform, participated by 87,400 people successfully. That was business coach Dr. Vivek Bindra's fifth Online free retail business webinar "Retail Ka Mahakumbh" organized by Marg Erp Limited & Bada Business pvt limited jointly; was attended by 87,400 distinctive contributors for 2 hrs 30 minutes, which is a brand new world record for the Largest Online Business Webinar.

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Oversight Board Begins Accepting Appeals

22 Oct 2020 | 10:48 PM

LONDON, Oct. 22, 2020 /PRNewswire/ -- Today the Oversight Board announced that Facebook and Instagram users can now submit appeals on content removal to the Oversight Board for an independent review. Facebook can also refer cases for a decision about whether content should remain up or come down from either Facebook or Instagram. Decisions made by the Board will be independent and binding upon Facebook. Over the following months, people will also have the opportunity to appeal to the Board on content they want Facebook to remove.

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National Diamond Council returns to partner with Lakmé Fashion Week

22 Oct 2020 | 9:24 PM

Mumbai, Oct 22 (UNI) The National Diamond Council (NDC) has returned to continue its association with India’s premier fashion platform, Lakmé Fashion Week, to support its digital-first, season fluid edition on 20th October 2020. The NDC aims to strengthen its offers through the third season of its partnership with Lakmé Fashion Week.

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