Category: Business

Anandam International is building a global network of warehouses

Anandam International Chairman Ashok Anand, who has been running a highly successful real estate business in Bhopal, took the lead more than 10 years ago and has the credit of setting up a state of the art logistic hub at Mandideep near Bhopal the capital of the central Indian State of Madhya Pradesh, has embarked

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Anandam International – Pioneering a global warehouse hub

Newsroom24x7 Network Ashok Anand, the Chairman and promoter of Anandam International, is pioneering the concept of linking warehouse and logistics facilities across the globe with willing clients . His robust group, Anandam International is in the warehouse and logistics business since 2007. Ashok Anand, who is shortly leaving on a business tour, which will take

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Gurgaon Housing project: Delhi EOW registers FIR against Emaar

Newsroom24x7 Network New Delhi: The economic Offences Wing of Delhi Police today (31 August 2018) registered an FIR against Emaar MGF Land Limited (also called Emaar India), its directors and officials on a complaint lodged by a number of buyers who have alleged that they have been cheated by the company that lured them with

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Foreign Investment, Mauritius route and black money

Lalit Shastri Prime Minister Narendra Modi had promised during the 2014 election campaign that he would bring back the black money stashed abroad by Indian citzens after coming to power. The Modi led Government’s report card on this count draws a blank and people have started asking questions. A lot has already been analysed and

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Delhi EOW registers FIR against MVL Limited

Newsroom24x7 Network   New Delhi: The Delhi Economic Offences Wing (EOW) has registered an FIR against MVL Limited under Sections 406/420/120B of Indian Penal Code on the allegation of cheating, dishonestly inducing delivery of property and criminal breach of trust after conducting preliminary enquiry on a specific complaint lodged by a buyer (couple) of an

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Poor cement quality, crumbling structures and bad roads

Lalit Shastri   Some unscrupulous elements, are illegally mixing cement with fly ash, raising its proportion to even 60%. This is being sold to the consumers in the name of good quality branded cement.   After last week’s twin-building collapse in greater Noida, the Uttar Pradesh Government followed the thumb rule and was quick in

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Karam Chand Thapar & Bros. (Coal Sales) Ltd rocked by brokerage scam

Newsroom24x7 Network New Delhi: The Connaught Place Police station in the Capital registered an FIR earlier this month against a former CEO of Imported Coal Division (ICD) of Karam Chand Thapar & Bros. (Coal Sales) Ltd. (KCT India) and his wife; Ambit international FZE, a Dubai based company and its promoter; and others, on the

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India’s share in total global exports must be raised to at least 3.4%: Prime Minister Modi

Newsroom24x7 Network New Delhi: Prime Minister Narendra Modi today laid the foundation stone for Vanijya Bhawan, a new office complex for the Union Government’s Department of Commerce, in New Delhi. The Prime Minister expressed confidence that the building will be completed well within deadline. He emphasized that this would be in keeping with the spirit

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9 die in police firing in TN

Newsroom24x7 Network Chennai: At least nine persons died and a number of others were injured when police opened fire on a violent mob protesting against Sterlite Copper, a unit of Vedanta Limited, at Tuticorin on Tuesday (22 May 2018). People have been demanding and agitating for the closure of Stellite Copper 400,000 metric tonne per

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Shakti Pumps Fy 18 Profits up 60% to Rs 34.84 crore; Operating Profit up by 29% at 80.9 crore

 Newsroom24x7 Network Mumbai: Shakti Pumps, a leading manufacturer of Energy Efficient stainless steel, Pumps and Solar Integrated Systems in India with exports to over 110 countries, today (18 May, 2018) reported total income of Rs. 440 crore for the year ended Mar 31, 2018 a 2% growth and Net Profit stands at Rs.34.84 crore a

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Global house prices will rise, but ideal conditions to end projects Fitch

Newsroom24x7 Network London: National house prices are forecast to rise this year in 19 of 22 markets highlighted by Fitch Ratings in a new report, but growth is expected to slow in most markets and risks are growing as the prospect of gradually rising mortgage rates comes into view this year. “Arrears are at very

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Fitch Revises Adani Transmission’s Outlook to Negative

Newsroom24X7 Network Singapore: Following Adani Transmission Limited’s (ATL) planned acquisition of Reliance Infrastructure Limited’s (RInfra) integrated power generation, transmission, distribution and retail business in Mumbai, Fitch Ratings has revised India-based Adani Transmission Limited’s (ATL) Outlook from table to Negative. Fitch believes the acquisition will not increase the company’s business risk. The addition of retail customers

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“Come, Make in India, Invest in India – for India and for the world”

Newsroom24x7 Network Hyderabad: Prime Minister Narendra Modi today invited “entrepreneur friends” from across the globe and said they should “Come, Make in India, Invest in India – for India, and for the world”. The Prime Minister was addressing the Global Entrepreneurship Summit, 2017 here. He invited the entrepreneurs to become a partner in India’s growth story

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Webgility Expands India Presence, Opens New Indore Campus

Newsroom24x7 Network Ecommerce Software Leader Helps Businesses of All Sizes Take Advantage of Ecommerce Automation Indore: Webgility, the leader in ecommerce automation software in the small and medium business market, today announced that it has expanded its presence in India to support the company’s rapid growth. The company, which has had a presence in India

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