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Midlands company helps deliver sports qualifications

Digital platform leads to 18,000 sports qualifications during lockdown.



  • Employment
  • Sport
  • Training
  • Chartered Institute for the Management of Sport and Physical Activity
  • ReTrain to Retain


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Howard Shocker: Trump’s secret emails to the queen (of Ingerland)

From Sir Howard’s hot desk at the La Hula 69 Bar in Las Vegas





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Treetop Adventure Golf tees off with Quiet Sessions

Family golf centre aiming to make pastime accessible for all.






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Jewellery Quarter lights up for Christmas

Christmas lights and festive displays to add retail cheer.





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Refurbishment completed on St Boniface Church, Quinton

£250,000 upgrade gives back community centre to Quinton.





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10-minute delivery and the gifting industry: A perfect match or just a quick fix?

Across the board, gifting companies recognize the impact of quick commerce on consumers’ habits, particularly for last-minute, spontaneous needs. However, they note that quick commerce platforms struggle to meet the demand for customized or personalized gifting.




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FSSAI steps up scrutiny on quick commerce companies over product shelf life

India's food safety regulator directed e-commerce and quick commerce companies to follow shelf life guidelines for packaged food deliveries. The regulator emphasized a minimum remaining shelf life of 30% or 45 days upon delivery. This action follows complaints about companies not disclosing expiry dates. The regulator stressed the importance of clear expiry dates and adherence to labeling regulations.




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Blackstone in advanced talks to acquire shopping center owner Retail Opportunity

Blackstone is close to acquiring Retail Opportunity Investments Corp, which owns U.S. shopping centers worth $3.4 billion including debt. Other private equity firms, including Bain Capital, are also interested. The deal could be finalized in the coming weeks if negotiations succeed. ROIC has raised rents significantly amidst high inflation, making it an attractive target.




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India's Q2 GDP growth may slow down to 6.5%; FY25 growth seen closer to 7%: SBI

SBI economists predict a dip in India's GDP growth to 6.5% for the September quarter, citing temporary pressures on the domestic economy. Despite this, they maintain an optimistic outlook, expecting a rebound in the following quarter fueled by rising rural demand and anticipate FY25 growth to approach 7%.




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Retail space leasing in malls, main high streets falls 1 pc to 1.63 mn sq ft during Jul-Sep: Report

Retail leasing in India's top eight cities dipped slightly in the third quarter of 2024, driven by strong demand on main streets and limited mall supply. While overall leasing edged down 1%, main streets accounted for 68% of activity, pushing rental rates up in several cities.




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GDP likely to grow 6.2 pc in Q2: Barclays

India's economic growth is projected to slow to 6.2% in the second quarter of 2024-25, due to a high base effect and heavy rainfall, as per Barclays' estimates. While government spending and rural consumption are picking up, urban demand and private investment remain weak. Barclays has revised its GDP forecast for 2024-25 to 6.8% from 7% earlier, expecting a recovery in the second half of the year.




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Furniture retailer Furnishka raises Rs 27 crore from India Quotient

Furnishka will use the new capital to advance product design and development, strengthen manufacturing and supply chain capabilities, and expand to new geographies. The company will also expand its product categories focused on premium living room, dining room and bedroom collections, open six large-format stores, and create educational content to guide customers.




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Stove Kraft Q2 profit marginally up; total income rises to Rs 416.45 crore

Commenting on Q2 performance, Stove Kraft's managing director Rajendra Gandhi said, “With positive market momentum supporting us, we remain committed to driving volume and value growth in revenue and margins in the upcoming quarters." He further said that ​​the company's expansion of Pigeon outlets through the COCO and COFO model has been promising. During this quarter, the firm added 22 new stores, bringing our total to 213.




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Sheela Foam Q2 revenue grows 32% driven by strong B2B and B2C performance

Sheela Foam, maker of Sleepwell and Kurl-on mattresses, reported a consolidated net profit of Rs 9 crore on revenues of Rs 813 crore in Q2 FY25. The company saw a 32% year-on-year revenue increase, driven by a 19% rise in mattress volume.




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Dulux Paints maker Akzo Nobel India's Q2 profit rises on automotive sector demand

Akzo Nobel India reported a 14% increase in net profit to Rs 108.7 crore in the fourth quarter, driven by higher demand from the automotive sector. Despite muted retail demand due to higher rainfall and price hikes, the company's revenue from operations rose 3% to Rs 9.82 billion.




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Eureka Forbes Q2 Results: Net profit shoots up 83% YoY to Rs 46 crore, revenue up 27%

Eureka Forbes reported an 83.2% YoY rise in Q2 net profit to Rs 46.67 crore, with revenues up 27.6% to Rs 672.87 crore. Growth was driven by product innovation, increased marketing, and early festive season demand.




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Asian Paints Q2 net profit falls 42% on subdued demand

Net profit after minority interest declined to ₹694.60 crore in July-September quarter from ₹1,205.40 crore during the corresponding period of last fiscal year. Consolidated net sales decreased 5.3% to ₹8,003.0 crore from ₹8,451.9 crore.




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Domino's India operator Jubilant Foodworks Q2 net profit drops at Rs 66.53 crore

Jubilant Foodworks Ltd., the operator of Domino's Pizza and Dunkin' in India, reported a lower net profit of Rs 66.53 crore in the second quarter, compared to Rs 97.2 crore in the same period last year. Despite the profit dip, revenue rose to Rs 1,954.72 crore from Rs 1,368.63 crore, fueled by expansion and growth in the Indian market.




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Godfrey Phillips India Q2 Results: Net profit up 23% at Rs 248.31 crore

Cigarette maker Godfrey Phillips India Ltd on Monday reported a 23 per cent rise in consolidated net profit to Rs 248.31 crore in the second quarter ended September 30, 2024, fuelled by higher sales.




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Britannia Industries Q2 net profit dips 9.36% to Rs 531.55 crore

Britannia Industries' revenue from operations increased by 5.29 per cent to Rs 4,667.57 crore in Q2 FY25, up from Rs 4,432.88 crore during the second quarter of the financial year 2023-24. On the company's quarterly performance, Varun Berry, vice chairman and managing director, said, “A ~8% volume growth with a sequential increase in revenue and operating profits are satisfactory results in the face of severe commodity inflation leading to a tepid consumer demand scenario in most FMCG categories."




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Bhutani Group acquires Logix City Center in Noida

Bhutani Group acquired Logix City Center for nearly Rs 1,000 crore. The deal includes 1.2 million sq ft of retail, office and hospitality space. Bhutani Group also secured land with potential for a 600,000 sq ft residential project. The company recently won a bid to develop Film City near Noida's upcoming airport.




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Parag Milk Foods Q2 net profit rises 15.9%; revenue up at Rs 871.31 crore

Parag Milk Foods reported a 15.9% rise in consolidated net profit, reaching Rs 29.21 crore in the second quarter ending September 2024. This compares to Rs 25.19 crore during the same period the previous year. The company saw a 10% volume growth and a 9% value growth. Total revenue from operations increased by 9.2% to Rs 871.




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Apple leads global tablet shipments in Q3 with 31.7% market share: IDC

Apple shipped 12.6 million tablets in the third quarter (Q3), with a modest growth of 1.4 per cent year-over-year in the quarter and garnering 31.7 per cent market share, as global tablet shipments grew 20.4 per cent to reach 39.6 million units.




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Blue Star Q2 profit up 36% to Rs 96 crore

"During the quarter, the company maintained the growth momentum established in the first quarter. A strong performance across all major segments, supported by a robust order book, reflects increasing demand for its diverse product portfolio," said an earnings statement from Blue Star.




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Bajaj Electricals posts Q2 profit fall on weak demand

Bajaj Electricals experienced a 59% drop in second-quarter profits, attributing the decline to weaker demand for cooling products due to monsoon rains. Despite a slight revenue increase, the company's profits were impacted by reduced demand and cost-of-living pressures. Analysts anticipate a demand resurgence in the December quarter, fueled by festive season promotions.




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DOMS acquires 51% stake in bag manufacturer Skido

Stationery retailer DOMS Industries has acquired 51 per cent of stake in Skido Industries with an initial investment of Rs 51 lakh, marking its entrance into school bag manufacturing, it said in a press release on Thursday. The remaining stake of Skido remains with Sehgals.




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Pidilite Industries' Q4 Results: Profit rises 6% to Rs 301 crore on lower costs

India's Pidilite Industries , which makes Fevicol adhesives and Dr. Fixit waterproofing products, posted a 6.2% jump in fourth-quarter profit on Tuesday, driven by lower input costs.




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DOMS Industries' net profit up at Rs 42.79 crore in Q4 FY24, YoY standalone revenue grew to Rs 362.4 crore

​​Santosh Raveshia, Managing Director, DOMS Industries Limited said, "As we conclude FY24, we are pleased to report on a period marked by significant achievements and strategic initiatives that have reinforced our strong position in the stationery and art materials market. We continued seeing positive business traction resulting in robust sales growth coupled with further elevation of margins, reflecting upon the strength of the ‘DOMS’ Brand to connect with its consumers."




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Cello World launches Rs 737 crore QIP

The term sheet indicates an indicative issue price of Rs 852 per share and a floor price of Rs 896 per share. Cello World’s stock closed at Rs 961 on July 3, indicating that the QIP is being launched at an 11% discount to the last closing price.




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Volume and value growth to converge in second half of Q2FY25: Pidilite

Pidilite Industries Ltd. managing director Bharat Puri expects volume and value growth to align in the second half of Q2 2024, with value growth potentially surpassing volume due to improved product mix. The company reported a 9.6% increase in volume and a 21% rise in net profit to Rs. 571 crores. Export sales were affected by geopolitical tensions and shipping delays.




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DOMS Industries Q1 profit rises to Rs 54.3 crore

DOMS Industries Limited reported strong Q1 FY25 results, with a notable 17.3% increase in revenue and 49.5% growth in profit after tax compared to Q1 FY24. The firm saw improved EBITDA and margin performance. The company also announced plans to acquire a majority stake in Unilcan Healthcare to expand its market.




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DOMS Industries' Q2 PAT rises 42.8% at Rs 53.7 crore

DOMS Industries Limited witnessed a 42.8% surge in consolidated profit after tax, reaching Rs 53.7 crore in Q2 FY25. This growth was fueled by a 19.7% rise in revenue, driven by strong sales in writing instruments, adhesives, and kits. The acquisition of a 51.8% stake in Uniclan Healthcare further bolstered the company's performance.




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Titan Q2 PAT declines 23% to Rs 704 crore

Titan Company's consolidated profit after tax declined by 23.1 per cent in the second quarter of this fiscal. However, the company's consolidated income increased by 26 per cent during the same period. Its international jewellery business experienced a significant income growth of 62 per cent. Caratlane, a subsidiary of Titan, also reported a 28 per cent increase in total income.




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Raymond Lifestyle Q2 profit drops 70% YoY to Rs 42 crore

Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY'25, reaching Rs 42.18 crore. This decline is attributed to subdued demand and inflationary pressures. Despite this, the company remains optimistic about the future, citing recent positive trends in the festive and wedding season and plans for retail expansion and new product launches.




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Trent's Q2 profit surges 46.9% at Rs 335.06 crore

Trent reported a 46.9% increase in consolidated net profit to Rs 335.06 crore in the second quarter that ended September 30, 2024. Revenue from operations grew by 39.3% to Rs 4,156.67 crore. The company expanded its store footprint, with 800 large-format fashion stores across 184 cities. Also, it opened new stores for both Westside and Zudio brands during the second quarter of this fiscal.




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Jockey India licensee posts Q2 profit rise on premium demand

Page Industries, the company that holds the license for Jockey and Speedo in India, saw its profit increase by 30% in the second quarter. The company's profit reached 1.95 billion rupees. This growth was driven by higher sales of premium athleisure wear. Despite a general slowdown in consumer spending, demand for these products remained strong.




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Consumer sentiment relatively muted in Q2: Noel Tata, Trent chairman

Trent Limited, a Tata Group company, witnessed a 40% rise in net sales for the quarter ending in September. The retailer's revenue reached Rs 4036 crore, while net profit saw a 46% increase to Rs 423 crore. Despite the growth, consumer sentiment remained subdued. Trent opened 43 new stores during the quarter, expanding its presence to 184 cities.




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ABFRL posts net loss at Rs 214.7 crore in Sep qtr

Aditya Birla Fashion and Retail Ltd (ABFRL) reported a consolidated net loss of Rs 214.70 crore in the September 2024 quarter due to higher depreciation and interest costs. Despite this, the company saw consistent growth driven by newer businesses and established brands. ABFRL recently announced the de-merger of its Madura business into a separate listed entity, ABLBL.




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Safari Industries (India) net profit declines 25.40% in Q2 FY25

Safari Industries India reported a 25.40% YoY decline in consolidated net profit to Rs 29.66 crore in Q2 FY25, despite a 23.72% YoY increase in revenue to Rs 457.79 crore. The luggage maker's profit before tax also fell by 27.07% YoY to Rs 37.84 crore, primarily due to a significant rise in total expenses, including a 53.




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Relaxo Footwears net profit declines 17% in Q2 FY25

Relaxo Footwears recorded a 17 percent drop in net profit to Rs 37 crore for the second quarter ending September 30. Revenue also decreased by 5 percent to Rs 679 crore. The company attributes the decline to lower demand and increased competition from unorganized players. Relaxo plans to add more distributors and optimize operations for future growth.




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Kalyan Jewellers Q2 PAT dips 3.3%; YoY revenue up 37.3% at Rs 6,065.4 crore

Kalyan Jewellers saw a 3.3% dip in consolidated net profit, reaching Rs 130.32 crore in Q2 FY25, compared to the same period last year. Despite this, revenue from operations rose to Rs 6,065.4 crore, contrasting with Rs 4,414.53 crore in Q2 FY24. Ramesh Kalyanaraman, executive director of the company said, "We recorded SSSG in excess of 20 per cent for the Diwali minus 30 days period when compared to the base year. ​​We are upbeat about the ongoing wedding season across the country and hope to end the calendar year on a very strong note."​​​​




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L'Oreal third quarter sales disappoint as China spends less on beauty

L'Oreal's third quarter sales rose by 3.4% but missed expectations due to low consumer confidence in China. North Asia sales declined 6.5%. Reduced demand for suncare and dermatological products also slowed growth. Chief Executive Nicolas Hieronimus highlighted the need to excite consumers with new innovations, especially targeting young GenZs.