Editor

Navigating the new normal: a post-COVID approach for SMEs

IERD-Global SME News Webinar Series Thursday, 27th August 2020, 7.15 to 8.15 pm (ISD) Speakers:  Mr. Vignesh Jha: Maximizing rural industry potential  Mr.K. S Alhuwalia: Doubling business growth: some key strategies  Ms. Anita Joseph: Turn around the numbers: a fresh…

Amid Pandemic, Snowman Logistics posts Positive Q1 Results as EBITDA margin increases from 27% to 32.4%

nowman Logistics Ltd recorded a Revenue of INR 55.12 Crores against INR 62.07 Crores in Q1 FY19-20. The decline in revenue was attributable to the disruption in road transport due to migration of drivers, however the warehousing occupancy of the company increased due to a surge in demand for high quality temperature-controlled warehousing as a result of which the EBITDA increased to INR 17.87 Crores from INR 17.10 Crores in the corresponding quarter of the previous year.

Snowman Logistics on an expansion mode; adds more warehousing capacity

Served hot from Snowman Logistics:
Gateway Distriparks Limited and Adani Logistics Limited agree on a settlement
Snowman Logistics on an expansion mode; adds more warehousing capacity

South Asia: sharp economic slump in 40 years foretasted

South Asia Economic Focus anticipates a sharp economic slump in each of the region’s eight countries, caused by halting economic activity, collapsing trade, and greater stress in the financial and banking sectors.

Covid-19 impact: Nearly half of the global workforce at risk of losing livelihoods

The continued sharp decline in working hours globally due to the COVID-19 outbreak means that 1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in immediate danger of having their livelihoods destroyed, warns the International Labour Organization.

Covid-19 impact: sharpest decline in remittances predicted

lobal remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be more vulnerable to loss of employment and wages during an economic crisis in a host country.

Building Materials from WASTE

RESCUE EARTH TECHNOLOGY & ADVISORY LLP ( RETA LLP) recently developed two Environmentally Sound Technologies (ESTs). These ESTs developed by RETA LLP has received approval from World Intellectual Property Organization (WIPO).

Did you like this article? Please spread the word :)