businessfortnight

Mumbai, May, 2018 : Huhtamaki-PPL Webtech Division partic ipated in the recent InnoPack Pharma Confex held in Mumbai on 24 th and 25 th May, 2018.  This event focuses on various aspects of pharmaceuticals packaging.   The well designed Huhtamaki-PPL Webtech Stand attracted a large number of visitors as it displayed a comprehensive range of products including paper labels, film labels and special labels for the pharma industry.  The special labels included:   Anti-counterfeit solutions: Transfer labels, tamper-proof seal labels, backside printing and numbering, variable data labels, hologram labels.   Aesthetic solutions: Dome labels, metallic gold and silver printed labels, ultra clear films, digital printed labels, tactile labels.   Functional Labels: Hanger labels, reclosable labels, braille labels, squeezable wrinkle-free labels for tubes and pouches, high and low temperature resistant labels.   Extended text labels: Two and three layer labels, ...

New Delhi:  Shares of Sun Pharmaceutical Industries Ltd on Monday rose over 7% after the company reported its first profit growth in six quarters, helped by lower material costs and a one time tax write back. In intraday trading, Sun Pharma shares rose 8.17% to Rs504.70 apiece on BSE. On NSE, shares of the company advanced by 6.54% to close at Rs497. The company’s market cap went up by Rs7,951.2 crore to Rs119,891.20 crore. In terms of equity volume, 11.48 lakh shares of the company were traded on BSE and over one crore shares changed hands on NSE during the day. Q4 net profit rose 7% from a year ago quarter to Rs1,310 crore—higher than the Rs895 crore profit projected by analysts tracked by  Bloomberg . The profit was boosted by a one time tax write back of Rs259 crore and a 39% reduction in raw material costs. Sun Pharma’s Q4 revenue rose 2% quarter on quarter to Rs6711 crore mainly driven by 12% sequential growth in US sales. The company said it is hopeful of clearing...

To Showcase the BSIV range product range of Eicher through Pro AdvantEDGE at Kolkata, West Bengal Kolkata:  Eicher Trucks and Buses, part of VE Commercial Vehicles exhibited its complete range of heavy duty trucks at an exclusive display, Eicher Pro AdvantEDGE. The experiential meet, organised at Kolkata, West Bengal, gave customers a peek into Eicher’s superior technology via a walk through and interactive demonstrations. Eicher showcased its new M Booster+ Technology that enhances fuel saving and hence profitability for the owners. M Booster+ is an advanced Drivability Software which optimizes the acceleration through Multimode system to match the desired operating condition and thus gives best in class fuel efficiency. At a specially designed vehicle display and experiential zone, customers were explained about Eicher’s products, futuristic technology practices and Lifetime Support Solutions. With over 284 authorized service centers and a wide range of network across citie...

The Indian Railways is facing intense competition from airlines and road transport services for a while now. With dirt-cheap prices of air tickets, and easy availability of road transportation, it’s necessary for the Railways to boost its revenue by devising various ways of earnings to remain in the game. Keeping this in mind, the Railways is planning to modernise its goods sheds in big cities across the country and lease them out to private companies under public-private partnership model, a Mint report said. The report said global giants like Amazon and Coca-Cola are in the fray among a host of companies in logistics business, FMCG (Fast Moving Consumer Goods) and automobile sector. The benefits of owning a warehouse on the Railways property are immense. As the logistic cost of a product of a particular company reduces, its supply chain improves and the margin goes up, leading to high profit. The report suggests the both the railways as well as road transport authorities are aiming ...

The Indian Railways has registered its worst performance when it comes to punctuality in the past three years. Almost 30 per cent of the trains were late in the financial year 2017-18, according to official data. While the year 2015-2016 recorded 77.4 per cent punctuality of trains, the subsequent years have seen a drop in that figure with 76.69% in 2016-17 and 71.39% in 2017-18. Officials have said that the Railways is facing the punctuality issue due to the maintenance work undertaken on a massive scale. Both mail and express trains have been running behind scheduled time because of over 15 lakh maintenance blocks that were put in 2,687 locations in 2016-17. This rose to 18 lakh in 2017-18 with maintenance work in 4,426 locations. Sources in the ministry said that Indian Railway Board Chairman Ashwani Lohani has told the zonal railway officials it was embarrassing that such delays were happening. According to a report by The Economic Times, Lohani has ordered a 15-day drive to ensur...

The Indian Railways on Friday announced that if your train is fully – from start station to end station – cancelled, your tickets will be cancelled and refunds will be processed automatically. In a tweet, the IRCTC, which handles online ticketing operations of the Indian Railways, said that in case of train cancellation, ‘PNR (passenger name record) will be automatically cancelled. Refunds will be processed in the same account through which payment was made’. View image on Twitter In the last couple of months, the government introduced several new rules to make passengers’ ticketing experience hassle-free. Last month, the Railways came up with some new rules to help the passengers seeking Tatkal tickets at the last minute in cases of emergency.  Due to high demand during summer, the Tatkal tickets get booked within a short span of time, especially on some of the busiest routes. Also, technical glitches on the IRCTC website make it difficult for passengers to book the tickets. ...

Mumbai, May 3, 2018: Elevating its 2018 stable, Indian Motorcycle®, America’s First Motorcycle Company today launched the most premium touring machine, the Indian® Roadmaster Elite. This   head turning masterpiece features a custom-inspired dual tone candy paint which is handcrafted with real 23K Gold leaf badging on the tank. Indian Motorcycle’s® most luxurious machine is priced at INR 48,00,000 (Ex-Showroom). The industry-leading seven-inch Indian Motorcycle® Ride Command® System is standard and has technology features like Bluetooth audio, navigation, vehicle information & status and split-screen technology to customize the display to focus on the details essential for riders. In a glittering ceremony, Mr. Pankaj Dubey, Managing Director and Country Head, Polaris India Pvt. Ltd., handed over the keys of the most luxurious motorcycle to Mr. Swaranjit Singh Bajaj, 1 st owner of Indian® Roadmaster Elite. Commenting on the launch and exclusivity of the flagship model of...