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Showing posts from March, 2024

WARNER MUSIC AND TIPS INDUSTRIES LIMITED EXPAND THEIR PARTNERSHIP

  https://youtu.be/fUPiEKHm5U8?si=vU9j8oiyGCVfz_hY WARNER  MUSIC AND TIPS INDUSTRIES LIMITED EXPAND THEIR PARTNERSHIP Most importantly this deal also enables them to distribute music to the world’s largest social media platform, Meta.  Overall, this partnership will improve distribution of content thus enhancing revenue for company. We look forward to engaging and working more closely with  Warner  Music This new deal will now see  Warner  Music take on the commercial and distribution responsibilities for all Tips Music’s frontline and catalogue music on all audio streaming apps, which spans across 23 Indian languages and 30,000+ songs. With access to even more incredible music from Tips Music catalogue,  Warner  Music will use its extensive global network of experts to promote Tips Music’s artists and songs around the world, opening them up to new fans and opportunities.  

HINDUSTAN OIL EXPLORATION : production-linked incentive (PLI) to boost oil production in the country

https://youtu.be/eYDdH1OKQWw?si=-oJh5erime1JdUHQ HINDUSTAN OIL EXPLORATION : production-linked incentive (PLI) to boost oil production in the country The oil ministry has called for a  production-linked incentive  (PLI) to  boost oil production  in the country that has been declining for years. "A multi-pronged approach is required for achieving production targets such as  enhancing production  from already producing fields, speedy execution of  field development plans  in existing and new fields, ... production-linked incentives in existing acreages," the oil ministry said in a recently released report titled 'Indian Petroleum and Natural Gas Statistics'. Current government policies provide incentives to companies deploying enhanced recovery techniques in maturing fields. A gas pricing policy introduced last year permits a 20% premium over the government-set price for the additional volume  ONGC  and  Oil India  may produce fr...

S.J.S. Enterprises: 9M margins at 24.7%

https://youtu.be/PsHONemiLqk?si=Tyf9ui-2OMsRH4_a For 9MFY24, revenue grew 35.1% YoY to Rs 4,410.1 mn, primarily on back of WPI acquisition and robust performance on consumer and exports business.  SJS  continues to expand share of wallet by winning new businesses from key customers like M&M, Tata Motors, Autoliv, Whirlpool, Royal Enfield, TVS, Honda Motorcycles & Scooter, Ola among many others SJS  became the first printing company in India to be awarded Quality system certification for new technology of ‘Optical cover Glass’   EBITDA at Rs 1,103.5 mn, on a margin of 24.7%, grew 23.2% YoY.  Net Profit grew 12.2% YoY to Rs 581.8 Mn, on a margin of 13.2%

India's GDP growth accelerates to 8.4% in Q3; FY24 growth pegged at 7.6%

https://youtu.be/lSIj06PJbjM?si=uD7kFStvlWctmMP1   India's  GDP  growth accelerates to 8.4% in Q3; FY24 growth pegged at 7.6% India's  gross   domestic   product  ( GDP ) grew 8.4 percent in the December quarter, data released by the Ministry of Statistics and Programme Implementation on February 29 showed, blowing all expectations out of the water. Commenting on the  GDP  data, Prime Minister Narendra Modi said in a post on X: "Robust 8.4%  GDP  growth in Q3 2023-24 shows the strength of Indian economy and its potential. Our efforts will continue to bring fast economic growth which shall help 140 crore Indians lead a better life and create a Viksit Bharat!." Growth in the third quarter of the current financial year was propelled by double-digit growth in the manufacturing sector, with construction not too far behind, posting a growth rate of 9.5 percent.