Estimated read time 3 min read
Business Uncategorised

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

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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.

Estimated read time 3 min read
Business SMEs workers

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.

Estimated read time 2 min read
Business SMEs

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).