Orient Cement, part of the CK Birla Group, posted an over three-fold surge in its net profit to INR 85.47 crore for the quarter ended March 2015. MD and CEO Deepak Khetrapal attributed the rise to higher realisation in cement prices in southern India and cost optimisation. Orient Cement’s volume reached 9.90 lakh tonnes in this quarter, representing capacity utilisation of nearly 80 percent, owing to the company’s strong distributor network and supply-chain. The company expects to further expand its reach and capacity with the upcoming Greenfield facility in Karnataka.read more
Prashant Vatkar has been appointed as the new MD of HIL Limited, a flagship company of the CK Birla Group. He has over two decades of experience, and has successfully led brands such as Marico, Samsonite, Heinz and Britannia. In his new role at HIL, Vatkar plans to drive company growth and lead business expansion. He believes that the Indian economy is poised for major investments in infrastructure—an opportunity that HIL will capitalize on for future growth.read more
HIL Limited (HIL) has reported strong growth as a result of its focus on modernisation and process excellence. HIL, a CK Birla Group company, reported an eight-fold increase in net profits in FY15 at Rs 66.86 crore vs Rs 7.13 crore in FY14. Total income jumped to Rs 1,107.79 crore in FY15 from Rs 869.47 crore in FY14. The company, which provides comprehensive building solutions and manufactures prefabricated building materials, also recorded net profit of Rs12.84 crore for the fourth quarter, 2015, as against Rs 3.20 crore in the corresponding quarter in FY14. “With a favourable policy framework, the infrastructure and housing sectors are picking up, resulting in improved market sentiment. Our go-to market strategy and investments in our brands have also paid off”, said HIL’s managing director, Prashant Vatkar.read more
Kolkata Knight Riders cricket team were at CMRI to inaugurate Sports Medicine clinic and to meet some infant patients in Kolkata. View more at: www.cmri.inread more
Birlasoft has appointed Anjan Lahiri as its Chief Executive Officer. Mr Lahiri, formerly, co -founder of Mindtree, brings with him years of experience and the entrepreneurial spirit that is needed to take Birlasoft to the next level. He will be based in New Jersey and will steer the company to stay ahead of customer needs and expectations in a dynamic industry.read more
Rakesh Khanna: Switching to Smarter Options 27/03/2015
With time, lifestyle undergoes a change and so do consumer preferencesread more
The Indian home electrical industry has undergone a complete transformation over the last three decades. Consumers are now increasingly spending a disproportionate amount of time and money on improving their homes. Home electrical solutions have come to symbolise and reflect the smart and modern outlook of their owners, typically a projection of their own personality. Orient Electric has always been at the forefront of providing superior quality products by partnering consumers in every stage of their modern living. This has only become possible by constant evolution and rejuvenation process.