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).

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