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FTCCI to Host Its First-Ever President’s Cup in 2024

Nov 15, 2024 by Sujata 0 Comments #Ever, #First

Hyderabad, November 15, 2024- The Federation of Telangana Chambers of Commerce and Industry (FTCCI), the 106-year-old one of the most vibrant regional chambers, embarked on a new initiative ‘FTCCI President’s Cup 2024. It is an industry cricket tournament.

Mohammad Azharuddin, former Indian Captain unveiled the poster in a brief function held today at FTCCI Office in Red Hills.

Speaking to the gathering the former Indian captain said ‘I am always there for cricket’. Industries need some relaxation and a cricket league for industries is a very good idea. All business and no play is not good for health. They need to play sports to keep fit and lead an active lifestyle, he said.

Azharuddin said along with cricket they must also organise tournaments for other sports. We need to encourage other sports as well.

Replying to a question he said, the real romance in cricket is test matches. Without them, the sport will lose its sheen.

Mr Suresh Singhal, President of FTCCI said it is not merely a sporting event but also a celebration, an event for fostering bonds among people in the industries, forging friendships, collaborations, and networking.

The league will be held on 15th, 16th and 17th December. It will have 8 teams, comprising 11 players and it will be ten over each side’s tournament. The winners will walk away with prizes.

Mr Ravi Kumar, , and KK Maheshwari Vice Presidents of FTCCI and Teams and Players have also participated in the program

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RR Kabel Limited Reports Unprecedented Revenue Growth for Q2 and H1

Oct 25, 2024 by Sujata 0 Comments #Ever, #Highest

Mumbai, October 25, 2024 – RR Kabel (RRK), the leading consumer electricals player & strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter and half year ended on September 30, 2024.

Commenting on the Results, Mr. Shreegopal Kabra, MD said, – “RR Kabel has delivered its highest-ever quarterly and half-yearly revenues, despite overall moderate volume growth. The Wires & Cables business in the domestic market achieved strong double-digit volume growth, while the FMEG segment recorded solid revenue performance, driven by robust volume growth and an improved product mix, maintaining its position as the fastest-growing among peers. Despite challenges like global shipment delays and higher commodity prices, demand has remained stable. Looking ahead, we expect margin improvements in the second half of the year, with our capex plans progressing as scheduled and set for completion by the fiscal year-end. We are also focused on our long-term vision of achieving double-digit EBITDA margins, breakeven in the FMEG segment, capacity expansion, and diversifying into newer and emerging market opportunities”