Photo: Khadims
Indian footwear company Khadim announced that it has registered a growth of 83% in the second quarter of the financial year 2022. The revenue increased from Rs 882.30 million in Q1FY22 to Rs 1616.46 million in Q2FY22. The company registered a net profit of Rs 64.75 million in Q2FY22 compared to a loss of Rs 108.90 million in Q1FY22. ''We're looking forward to doing good business,'' said CEO Ashok Chotrani.
The UK is pushing for a cut in customs duty on electric vehicles in the ongoing negotiations for signing a free-trade deal with India, a senior official confirmed. At present there is a customs duty of 60 per cent on imported cars priced below $… read-more
TAGS: India-UK Free Trade Deal, PM Modi, PM Rishi Sunak, Electric Vehicles
With the aim of making X, formerly known as Twitter, an all-app platform, Tesla CEO and X owner Elon Musk announced that X would soon be announced as a dating platform. Interestingly, the speculations of X being a relationship platform came after… read-more
TAGS: X Platform, Dating App, Elon Musk, Technology, Finance
Attrition at some private sector banks is "high" and the RBI is "closely" looking at the issue, Governor Shaktikanta Das said on Tuesday. Speaking at the annual BFSI Insight Summit organized by the Business Standard, Das said this is an… read-more
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TAGS: Facebook, Mark Zuckerberg, Elon Musk, Name Change, Tesla CEO
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TAGS: RBI, manoranjan mishra, RBI Executive Director, Economic Graduate, National
Slain gangster-politician Atiq Ahmed's Benami Property, worth Rs 12.5 crore was attached by the Uttar Pradesh Police in Prayagraj's Katahula area on Monday. The confiscated land was spread across 5.0510 hectares, and was purchased and registered… read-more
TAGS: Benami Asset, Land, Farmers, gangster atiq ahmed, Uttar Pradesh
