Balbir Singh Sidhu launches a sharp attack on the BJP government over the hike in commercial gas cylinder prices The Congress will strongly oppose every anti-people policy that affects people's kitchens S.A.S.Nagar 2 May ( Ranjeet Singh Dhaliwal ) : Senior Congress leader and former Health Minister Balbir Singh Sidhu has termed the steep increase in commercial gas cylinder prices by the BJP-led central government as a well-planned conspiracy against small traders and common people, who are considered the backbone of the country's economy. Sidhu said that the significant hike in gas cylinder prices in a single day proves that the BJP government neither cares about small businesses nor about the kitchens of ordinary households. People who are already burdened by inflation, unemployment, and taxes are now being further oppressed by rising gas prices. He stated that this decision is a direct economic blow to thousands of families associated with tea vendors, dhaba owners, hotel ope...
Globe Textiles Posts Stellar Q3 Results with 53.7% Profit Surge and 46.2% Revenue Growth Chandigarh 28 February ( Ranjeet Singh Dhaliwal ) : Globe Textiles, a leading player in the textile sector, has announced its financial results for the third quarter and nine months ending December 31, 2024. The company reported impressive growth in revenue and net profit, reflecting on its business strategy and operations are working well. For the quarter ended December 31, 2024, revenue surged by 46.2% to ₹ 15,159.21 lakhs, compared to ₹ 10,367.19 lakhs in the corresponding period of the previous year. Net profit increased by 53.7% to ₹ 291.42 lakhs from ₹ 189.55 lakhs in the same period last year. For the nine months ended December 31, 2024, revenue saw a 20.8% rise to ₹ 42,397.79 lakhs from ₹ 35,095.74 lakhs in the previous year. Net profit witnessed a significant 56.6% increase to ₹ 943.55 lakhs, highlighting the company’s sustained growth momentum. Globe Textiles' ₹4,504 lakh Rights Issue...