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.
2020: What is in for Retailers?
There’s no hiding the fact that the global retail environment, much like the rest of the world, has been beset by negative or flat growth and shrinking margins. Some have laid the blame on increased competition from the internet.
Farming goes hi-tech
Arya agri-tech solutions promotes technology-intensive farming in Kerala. Farming goes hi-tech. Precision farming, highly automated farming, remote monitoring and controlling operations with the help of data supplied by drones. This is how technology-intensive modern farms function.
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.
Festivals, Entrepreneurs and MSMEs
India, indeed, is a land of festivals and each one of them is celebrated with equal gaiety, be it Ganesh chaturdhi or Dussera or Divali of Hindus, Id of Muslims, Christmas of Christians and Guru Govind Singh’s birthday of Sikhs and so on
Women creating peace: joint venture for peace
Joint Ventures for Peace brings together Palestinian and Israeli women entrepreneurs and artists to work as equal partners and create a unique discourse on peace. This project, seeks to break down some of the barriers between Israelis and Palestinians, and to create peace on the ground. This was established by the Shorouq Society for Women (www.shorouqsociety.org) and The Negev Institute for Strategies of Peace and Development – NISPED (www.nisped.org.il).
