Wednesday, May 25, 2022
News
NEWS HOME
»
PRN INDIA
Deepak Nitrite Limited Announces Q3 & 9M FY2022 Earnings
  SocialTwist Tell-a-Friend  
   

Achieved highest ever top line in Q3, both on standalone and consolidated basis

For 9M FY22 (Consolidated):

  • Revenues at Rs. 4,969 crore, up by 71% Y-o-Y
  • EBITDA at Rs. 1,232 crore, higher by 53% Y-o-Y
  • PAT, at Rs. 799 crore, rises 65% on a Y-o-Y basis

MUMBAI and VADODARA, India, Jan. 25, 2022 /PRNewswire/ -- Deepak Nitrite Limited ('DNL') announced its financial results for the third quarter and nine months ended 31st December, 2021.

In Q3 FY22, the company has achieved highest ever top line in a quarter, both on standalone and consolidated basis.

The operating environment was challenging, characterized by rising costs and constraints in supply of inputs. Raw material prices remained elevated together with heightened utility costs including power & fuel.

Amidst this backdrop, the Company has effectively and efficiently executed its operating schedule and fulfilled its supply commitments to ensure reliable and stable supplies to customers.

As a process, our business segments are interwoven. This means that if prices of BI increases, you may see a simultaneous dip in FSC segment, as internal product transfers take place at market prices. And accordingly, higher margin in one segment may result in lower margin for other. This year has been very strong for BI segment. In FSC segment, as most are long term contracts, there is some lag in passing the input costs.

Overall, the demand scenario appears robust with several industries getting back to pre-COVID production levels with incremental demand coming out of strategic shift in global supply chain from China to other countries including India.

Financial Highlights (Consolidated)

9M FY2022 Vs. 9M FY2021 (y-o-y)

  • Revenues were up 71% at Rs. 4,969 crore in 9M FY22 compared to Rs. 2,912 crore in 9M FY21. Healthy revenue growth was driven by strong gains in Phenolics, further bolstered by improvement in BI and PP segment. Deepak followed dynamic approach based on anticipated demand for key products.
  • EBITDA stood at Rs. 1,232 crore in 9M FY22 compared to Rs. 808 crore in 9M FY21, up by 53%. Notwithstanding sharp increase in input & utility costs, the Company demonstrated solid EBITDA momentum on absolute basis. Although margin corrected due to extreme volatility in RM & energy prices and other costs.
  • PAT grew by 65% to Rs. 799 crore in 9M FY22 compared to Rs. 486 crore in 9M FY21. Achieved highest-ever profitability in the 9M period supported by positive contribution from BI, PP and Phenolics SBU. Finance costs were low on account of sizeable prepayments of term loan made during the period.

Q3 FY2022 vs. Q3 FY2021 (y-o-y)

  • Revenues were up 41% at Rs. 1,748 crore in Q3 FY22 compared to Rs. 1,240 crore in Q3 FY21. Continued robust revenue momentum was fueled by solid growth trajectory in Phenolics. This was further supported by gains in BI and PP segment led by positive demand and higher realisation for key products.
  • EBITDA was at Rs. 378 crore in Q3 FY22 compared to Rs. 340 crore in Q3 FY21, higher by 11% on a y-o-y basis. EBITDA performance was achieved despite impact of temporary disruption in RM costs as well as increase in utility costs, including coal, natural gas, etc.
  • PAT was at Rs. 242 crore in Q3 FY22 compared to Rs. 217 crore in Q3 FY21, higher by 12%. PAT performance was in-line with stable operational performance, partly bolstered by sharp reduction in finance costs owing to repayment of high-cost debt.

CMD's Message

Commenting on the performance, Mr. Deepak C. Mehta, Chairman & Managing Director, said,

"The world continued its track record of unprecedented volatility in price and availability of commodities like coal, petrochemicals and even inorganics. This tumultuous environment tested the company and management on its judgement, agility and responsiveness to customer concerns. While we work to mitigate short term challenges and focus on operating efficiencies, we are heartened to see record breaking top line performance of both companies on the back of increase in customer dependance on Deepak for uninterrupted supply. Coupled with this strategic impetus, growing Indian demand beckons us to do much more. As new products enter the Deepak family, our strengths of research capability, process intensification and wide product basket help steer us north with confidence."

Performance Highlights

Segmental Performance – 9M FY2022 Vs. 9M FY2021 (y-o-y)

  • Basic Intermediates: BI segment reported revenues of Rs. 862 crore in 9M FY22 as against Rs. 515 crore in 9M FY21, higher by 67%. Basic Intermediates segment (erstwhile Basic Chemicals) benefited from healthy realization gains as price hikes were undertaken for key products, in-line with higher input costs. Strong performance was achieved despite curtailed production of few products in Q3 FY22 owing to temporary disruption of critical raw material at vendor's end due to force majeure; Volume growth for 9M FY22 came in at 10%. Notwithstanding the challenging macro environment, the Company continues to fulfil its delivery commitments. Moreover, it expects the performance of BI segment to sustain based on shift in global supply chain to India as well as encouraging demand trajectory.
  • Fine & Specialty Chemicals:  In the FSC segment, revenues stood at Rs. 611 crore in 9M FY22 as compared to Rs. 561 crore in 9M FY21, a growth of 9%. The performance of FSC segment must be seen in light of significant challenges linked to logistics. In addition to this, the Company witnessed elevated raw material costs from BC segment, as internal product transfers take place at market prices. Due to nature of contracts, the prices are not instantly passed on, but with some time lag. Performance going forward will be driven solid demand across products, our ability to pass on cost increase to customers and incremental gains coming out of new multiyear business being tied up.
  • Performance Products:  In the PP segment, revenues grew by 69% to Rs. 368 crore in 9M FY22 vs. Rs. 218 crore in 9M FY21. Momentum in DASDA demand is seen, resulting in higher realization and OBA was also able to pass on this increase in DASDA costs; margins of OBA and topline are also reflecting the same. This build up is expected to continue in the upcoming period as well; volume growth for 9M FY22 remained strong, at 44%. Based on fully integrated model, DNL remains well poised to capture incremental demand coming out of key applications across Textiles, Paper and Detergents, all of whom have resumed production to Pre-COVID levels.

Deepak Phenolics: In the Phenolics business, revenues grew by 95% to Rs. 3,169 crore in 9M FY22 as compared to Rs. 1,623 crore in 9M FY21. While EBITDA soared by 85% from Rs. 416 crore in 9M FY21 to Rs. 771 crore in 9M FY22. Phenolics business has delivered promising gains, backed by higher average capacity utilization of 117%. This is a result of favorable demand in India and key export geographies. Brownfield expansion of IPA has been commissioned on 19th December, 2021. This has doubled the IPA capacity to 60,000 MTPA.

Key Developments

  • EcoVadis, world's largest and most trusted provider of business sustainability ratings, has bestowed Silver rating on Deepak Nitrite with sustainability ranking of 83 percentile ranking. This has increased from a 39th percentile score earlier, reaffirming the group's progress towards greater sustainability.
  • The Company has prepaid Rs. 100 crore of project loan during the quarter without any prepayment penalty.
  • Brownfield expansion of IPA was commissioned on 19th December, 2021. This has doubled the IPA capacity to 60,000 MTPA.

About Deepak Nitrite Limited

Deepak Nitrite Limited (NSE: DEEPAKNTR) (BSE: 506401) has a diversified portfolio that caters to the dyes and pigments, agrochemical, pharmaceutical, plastics, textiles, paper and home and personal care segments and petro derivates intermediates -phenolics, acetone and IPA in India and overseas. Its products are manufactured across 6 locations, which are all accredited by Responsible Care.

For further information, please contact:

Jaydip Chowdhury
+91 75739 49521
jchowdhury@godeepak.com
Head - Corporate Affairs & Communications

Sumantra Basu
+91 75739 49181
+91 982039 3696
sgbasu@godeepak.com
Manager, Communications

More News by PR Newswire India

GMT Token Anniversary

IBM and MBZUAI join forces to advance AI research with new center of excellence

India will be pivotal to Nepal's GDP growth in 2022

Alpian and Fideuram - Intesa Sanpaolo Private Banking have entered into a strategic collaboration to accelerate the evolution of the digital wealth management offering of Fideuram-ISPB

Global Infrastructure Partners and TotalEnergies announce a strategic partnership in U.S. renewables including their controlling stakes in Clearway Energy Group and SunPower Corporation

Healthtech app, Fitelo unveils new branding after Pre-Series A fund-raise

Preqin publishes inaugural Benchmark Report for India Alternative Investment Funds

IGI grades 3 exquisite lab grown creations for Greenlab's sustainable project

USIF Impressive Track Record in the EB-5 Industry & Backed by Superior Project History

Study Finds Top Challenges Journalists Face Include Combating Fake News, Filing Stories at a Faster Rate and Attracting New Audiences

Golden Gate Global and Other Leading EB-5 Regional Center Operators File Suit Against USCIS

International consortium to advance decarbonisation of the aviation sector

Lear to Acquire I.G. Bauerhin, a Global Leader in Seat Climate Control

Vision Impact Institute Joins Partners to Bring Good Vision to Vulnerable Populations in Panama

ICP DAS - BMP will attend Medical Taiwan Expo 2022 in Taipei

AMAZFIT SIGNED THE OFFICIAL OUTDOOR SMARTWATCH OF THE 2022 ESCAPE FROM ALCATRAZ TRIATHLON

CGTN: The key Xi Jinping learned from his father

Eurofins Discovery Announces Formation of its New Scientific Advisory Board

DCW reports Q4 & FY22 results; PAT surpasses INR 1bn

SHL, Adecco Group's latest study helps uncover Generation Z's leadership potential

Quantinuum Introduces InQuanto to Explore Industrially Relevant Chemistry Problems on Today's Quantum Computers

America's Frontier Fund to Convene the Quad Investor Network

Insilico Medicine Announces Novel 3CL Protease Inhibitor Preclinical Candidate for COVID-19 Treatment

Agora, Inc. Deepens Leadership Bench Amid Record Company Growth

Strava's Global Community Continues Strong Growth Surpassing 100M Registered Athletes on the Platform

Firework Closes $150M SoftBank Vision Fund 2-Led Series B to Continue to Build the Future of Commerce

Nexteer and Continental Joint Venture CNXMotion Expands Brake-to-Steer Technology with New Software Functions

Arcadia Acquires Urjanet to Accelerate the Transition to a Zero-Carbon Economy

Admissions start for Allen Commerce, batch from last week of June

UAE powerhouse VPS Healthcare launches Burjeel Holdings to scale the next generation of its growth

AMAZFIT UNVEILS THE T-REX 2: A RUGGED OUTDOOR GPS SMARTWATCH WITH PREMIUM FUNCTIONALITY AND TREND-SETTING DESIGN

Nobu Hospitality Continues Strategic European Expansion with Announcement of Nobu Hotel Madrid

Blueline Madagascar Selects Ribbon's Optical Transport Solution to Deliver Increased Capacity Across its Communications Network

Quectel's 5G modules enable next-generation connectivity powered by the NVIDIA Jetson AGX Orin

Icon Global Announces Record $60 Million List Price for Nine Acre Houston Estate Mansion Compound. Tops Entire Texas Luxury Residential Marketplace.

Kahi Unkahi celebrated life and literature with Jashn-E-Dastaan, Grand Mushaira in Delhi

/C O R R E C T I O N -- GIGABYTE/

Monotype Study Shows Typeface Choice Can Boost Positive Consumer Response by Up to 13%

Clarivate Annual Sustainability Report Highlights 2021 Milestones, Establishes Sustainability as Strategic Business Imperative

Global Infrastructure Partners Announces €450 Million Notes Investment

The Valuable 500 Launch 'Generation Valuable' on World Economic Forum stage

New Study Shows Critical Role of 1,5-Anhydroglucitol (1,5-AG) in COVID-19 Pathogenesis by Binding to the COVID-19 Spike Protein

Global Beer Brand Corona Encourages People to Answer a Call from Nature with Second Season of Corona Studios Original Content Series, "Free Range Humans"

Fullerton Health Chronicles COVID-19 Journey in E-book

Allied Digital Services announced key business and financial highlights - Significant growth of Operating Revenue, EBITDA, launch of a new FinTech vertical and expansion of global affiliates

Targa Telematics Applauded by Frost & Sullivan for Uniquely Leveraging Its Technology to Meet European Vehicle Leasing and Rental Telematics Real-world Client and Market Needs

DERMALOG and Rheinmetall join forces for increased vehicle security

Trinohex® Ultra LIB electrolyte additive now available in EU

Mobileum and Digis Squared Announce Partnership to Provide Comprehensive Edge-to-Edge Network Testing and Analytics

EdHeroes: How addressing social issues helps child development

Xinhua Silk Road: New book reveals key archaeological discoveries at China's Shimao ruins

NSDL launches 'Market ka Eklavya - Express' in 75 cities to mark 75 years of Independence

Glenmark launches 'Hello Skin' - India's first Whatsapp based chatbot to help patients suffering from fungal infections

ANKUR SEEDS in Hybrid Revolution: Launches One of the World's First GMS Based 'Indian Bean (Dolichos) Hybrids'

E-grocery Giant BigBasket Trusts Purple Quarter for its Tech Leader Search; VP of Engineering Onboarded

Supermicro to Add NVIDIA Grace CPU Superchip-Based Servers to the Industry-Leading Portfolio for HPC, Data Analytics, and Cloud Gaming Applications

Survey of over 52 000 workers indicates the Great Resignation is set to continue as pressure on pay mounts

ZOTAC SHOWCASES A NEW UNIVERSE OF POSSIBILITIES AT COMPUTEX 2022

OptraSCAN's Artificial Intelligence-Equipped Digital Pathology Scanner OS-SiA Granted U.S Patent for Scanning, Indexing and Analyzing of the Tissue Area at the Same Time

CommsEase Releases New Global Intelligent Routing Network WE-CAN to Provide the Technological Cornerstone of Metaverse

Lear Acquires Leading Seating Materials Specialist Thagora

Computex 2022: Supermicro CEO Keynote Updates Industry on Total IT Solutions, Green Computing, and Corporate Expansion

Nigeria to Launch Major Crypto Initiative, IP Exchange Marketplace and Wallet, on Algorand in Partnership with Developing Africa Group and Koibanx

OLECTRA BAGS BIGGEST EVER ORDER

CirrusLabs Launches New Offices in India for Talent Development and Technology Delivery

Nexteer Releases 2021 Sustainability Report; Demonstrates Company's Continued Efforts to Embrace ESG

G&W Electric Company Announces $3.6 million Strategic Investment to Intelligent Generation

RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B to Accelerate R&D and Expand Global Presence

Netomnia and STL to collaborate for testing of programmable FTTx in live networks

RevBits Adds SaaS for Dynamic Scaling, Flexible Operations and Streamlined Deployments

HistoSonics Announces Agreement with GE Healthcare

Vignan Online offers advanced electives in MBA and BBA programs for the 2022-23 batch

Sunrise Group among Top Ten ICIS Global Top 100 Chemical Distributors

Bitget Launches All-new Reward Scheme

HappyEasyGo raises new funding from existing shareholders

JAIN (Deemed-to-be University)'s Centre for Creative Arts and Design announces Undergraduate and Post-Graduate Programs in Communication Design, Fashion Design, Film & Media and Interactive Media and Coding

Skilled Big Data Professionals in Demand; UPES Student Lands 48LPA Job Offer with Microsoft

People's movement needed for environmental protection says Vice-President M Venkaiah Naidu during the inauguration of ILC-2022 at Chandigarh University

IDS NEXT ACQUIRES SHAWMAN SOFTWARE

Manufacturing industry undergoing rapid sustainability transformation, says Schneider Electric and MIT Technology Review report

NUVOCO Vistas announces its financial results for Q4 FY21 and FY22

India's New Biscuit Brand - 'CRAZE' logins with 40 varieties

Control Print Limited posts highest ever Y-o-Y growth: Revenues up by 24.8%, PAT up 40.3%

Investopia Launches its Global Talks Starting from India

G SQUARE SIGNS DR. SHIVA RAJKUMAR AS THE BRAND AMBASSADOR FOR KARNATAKA

Pro Music Rights, Inc., one of the world's largest music licensing companies, announces licensing agreement with Tiktok

GitHub exec Maneesh Sharma joins LambdaTest as Chief Operating Officer

Trainocate: A Leading Learning & Development Service Provider can help advance IT careers

Crosscope and Farcast Biosciences join efforts to reshape the precision oncology landscape via AI-powered pathology

La Tim Group sponsors the National Squash Tournament at National Sports Club of India, Mumbai

Woolpert Selected by Pacific Community (SPC) for Topo-Bathy Lidar, Aerial Imagery in Vanuatu

HyperSense named in 2022 Gartner® Market Guide for Multipersona Data Science and Machine Learning Platforms

Rockwell Automation Honors Innovation and Transformational Solutions at Asia-Pacific PartnerNetwork(TM) Conference

Campari® Toasts to Official Partnership with 75th Festival de Cannes

Huawei Commits to Empowering a Low-Carbon APAC with Green Power Technology

Tech Start-Up BIZZO Launches GoMahabaleshwar Microsite to Empower Local Travel & Tourism Businesses

Huawei Debuts Digital Banking Solutions in TCF 2022

Tulip Partners with Stanley Black & Decker on Global Operations Platform

CGTN: China calls for unity among BRICS nations to boost security for all

Unilumin Attended ISE and Received Clients' Praise

PC Building Made Easy: GIGABYTE introduces AORUS Project Stealth Computer Assembly Kit

LunaJets Nearly Doubles Revenue but Sees Clouds Ahead

Karyopharm and Menarini Group Receive Positive CHMP Opinion for NEXPOVIO® (selinexor) for the Treatment of Patients with Refractory Multiple Myeloma

BingX Completes Audit Report with CertiK to Enhance User and Asset Security

There is Still One Way To Invest During Bear Market and Make Money: Delisted Stocks

Nike at 50: A Genealogy of Progress

FII Institute unveils new Inclusive ESG™ Framework and Scoring Methodology & announces strategic investment in leading green tech firm

Texas Cardiac Arrhythmia Institute at St. David's Medical Center to host international conference on complex cardiac arrhythmias

Qapitol QA rejigging test automation space with quality and speed

Tata Communications launches DIGO - integrated platform for converged and contextual conversations

GOLDIAM reports an exceptional FY2022 performance, surpasses PAT of INR 1bn

SEKISUI Specialty Chemicals Now Runs on Renewable Energy

Bitget KCGI 2022 Officially Begins alongside Extended Registration Deadline

Shanghai Electric Works with Partners to Ensure Progress of its International Projects

5th edition of Godrej Food Trends Report 2022 launched

Menarini Group and Radius Health, Inc. announce publication of elacestrant pivotal Phase 3 EMERALD clinical trial data in the Journal of Clinical Oncology

Ventura Securities further commits to its digital transformation agenda by appointing Arpan Sen as Chief Technology Officer

MDRT Celebrates Global Membership Reuniting In Person at 2022 Annual Meeting

Hindi story series 'Kahani Train' to reach over 1 lakh children in summer, 2022 A story a day for better literacy

Glenmark Pharmaceuticals receives sANDA approval for Abiraterone Acetate Tablets USP, 500 mg

BharatMove App by Hash, picking momentum and disrupting supply chain for SMR and Hawkers

Flyability releases the Elios 3, an indoor LiDAR drone for Industry 4.0

GFF and PAI Announce New Partnership to Strengthen Civil Society and Youth Engagement to Accelerate Progress in Women, Children and Adolescent Health

World's first underwater bar opens to mark the launch of Hendrick's Neptunia Gin

Global Data from IBM Shows Steady AI Adoption as Organizations Look to Address Skills Shortages, Automate Processes and Encourage Sustainable Operations

ViewSonic ColorPro VP3881a Wins the Coveted TIPA World Award 2022 for Best Video Monitor

Cultivated Meat Startup Evolved Meats Raises $2 Million in Seed Round, Led by Funders Maple Leaf Foods and Big Idea Ventures

HABANOS, S.A. PRESENTED COHIBA 55 ANIVERSARIO EDICIĂ“N LIMITADA WORLDWIDE

TRIO World Academy honoured with 'Institution of Happiness' award from QS I-GAUGE

Introducing Altrata, the Leader in Data Intelligence on the Wealthy and Influential

KISS to Become Knowledge, Logistical Hub of FIFA's 'Football For School' Initiative

Trina Storage and Power Electronics will jointly deploy over 1GWh of BESS projects by end of 2023

HAVAS HEALTH & YOU APPOINTS DAN RUBIN AS PRESIDENT OF HAVAS HEALTH +

Databricks Appoints Trâm Phi as Senior Vice President and General Counsel

Easy NFT Business Platform, SKY Play on New York Nasdaq Tower

CellCarta expands it proteomics portfolio with the acquisition of next-generation immuno-MRM assays from Precision Assays

Experience Parallel Search Capabilities on the HUAWEI Mate Xs 2 with Petal Search

JA Solar Achieves Seventh Consecutive "Top Performer" Rank in 2022 PVEL PV Module Reliability Scorecard

PolyU's Pioneering Technologies in AI, Materials Science and Biotechnology Awarded at TechConnect 2022 Innovation Awards

CredAvenue Achieves 2nd ISO Certification (ISO 22301:2019) for Business Continuity

Parmeshwar Group commissions a fully integrated Steel Plant

Kitchen Brains Accelerates Growth with Investment from Source Capital

Trina Solar receives Top Brand PV Awards by EUPD Research

Goodix Pushes Boundaries in IoT Innovations with Next-Generation Sensing & Connectivity Solutions

Triumph International India showcases its new collection of premium lingerie at its Annual Fashion Show

PREVEST DENPRO LIMITED REPORTS ROBUST FINANCIALS FOR FY22. 60% JUMP IN PAT AND 34.6% GROWTH IN REVENUE ON YOY

TAICCA is pleased to launch the Open call for immersive content creators.

HarperCollins Presents STARTUP COMPASS: How Iconic Entrepreneurs Got It Right By Ujwal Kalra, Shobhit Shubhankar, IIM Ahmedabad

Accops wins Future Security Leaders Award in Dubai for its secure Digital Workspace solution

CGTN: China reaffirms commitment to high-standard opening-up

Chandigarh University mechatronics engineering students successfully tests AI-Powered Driverless Car NOMAD

IIIT Hyderabad to Offer Master of Science in IT in 2 Modes - On Campus and Online - From August 2022

/DISREGARD RELEASE: D'art Designs Pvt Ltd/

Wingreens acquires Bengaluru based Postcard Snacks, strengthens brand portfolio

Media Alert: Computex Keynote with Supermicro CEO

Rail Cybersecurity Leader Cylus Appoints Sandeep Joshi to Advisory Board

Talview Wins HR Tech Award 2022

Panduit Launches RapidID(TM) Network Mapping System

Boring No More: Accountants, Auditors See Themselves as Creative, Curious and Adventurous, Study Shows

CJ 4DPLEX America appoints Samuel Real Senior Vice President of Sales and Operations, Latin America

The ICOA Fund is Officially Live

Strava Acquires Injury Prevention App, Recover Athletics

Agora Announces RTE2022 Virtual Conference

New survey finds 87% of patients with long-term health conditions face stigma; nurses feel they lack time and resources to provide adequate support

The INX Digital Company Names Renata Szkoda as Chief Financial Officer

Petal Maps brings the navigation experience to life with the all-new HUAWEI Mate Xs 2

Huawei Releases Flagship Foldable HUAWEI Mate Xs 2 and other products, elevating its synergy between software and hardware

MADworld to Partner with UCOLLEX and Animoca Brands Japan on NFTs for Bubble, Vampire in the Garden, and Great Pretender

Money View eyes INR 1500 Cr Revenue Run Rate by year end

Vertex 670W modules achieve excellent results in the PVEL reliability test, Trina Solar wins its eighth consecutive "Top Performer"

Sims Limited Named One of America's Most Responsible Companies by Newsweek

BitMEX launches Spot Exchange as it looks to expand product offering for retail users

Apis Growth Fund II Announces Investment in Leading B2B Payment Network DT One

A Resilient and Sustainable Energy Future - 15th Singapore International Energy Week

Beko's 'Hack the Normal Sustainability' hackathon highlights the power of creativity and collaboration

Foods and Inns Limited declares robust growth, Standalone Revenue up by 73% YoY

JA Solar releases n-type PV module DeepBlue 4.0 X

Lacework Integrates Kubernetes Features to Enhance Security Across Multi-Cloud Environments

Ingenico to enable the rollout of Alipay+ to millions of merchants and thousands of banks and acquirers with PPaaS, its cloud-based Payments Platform as a Service

TAFE ROPED IN D'ART TO DELIVER EICHER'S GLOBAL RETAIL IDENTITY

IIT Alumni Council invites startups to join the next generation banking platform under the MegaFund initiative

Indusface Enhances its Web Application & API Protection (WAAP) platform AppTrana with Industry's First Risk-Based Protection to APIs

Singapore Based Healthcare Company Receives Coveted WHO certification for its Vaccine Data Loggers

NMIMS Balwant Sheth School of Architecture & Centre of Interior-Environment and Design invite applicants for B. Arch, M. Arch, and B.A. (Hons) Interior-Environment Design

PMI ACHIEVES FEMALE REPRESENTATION TARGET: 40% OF WOMEN IN MANAGERIAL POSITIONS

Akash Combines Priyanka Chopra and the hit Netflix show "You" in his New Music Video

Paramount Pictures' "TOP GUN: MAVERICK" Soars into the Immersive 270-Degree Panoramic ScreenX Theaters.

ICANN Reports DNS Abuse is Trending Downward Globally

Fluid X Introduces Aqua Bags: The At Home Weight Training for All Fitness Levels

Kohler Brings Global Innovations and Immersive Experiences to Salone del Mobile

DevOps Institute Announces 'Upskilling IT 2022' Report

PVEL Reveals Top Performing Manufacturers in 2022 PV Module Reliability Scorecard

Deepgram Named One Of Inc. Magazine's Best Workplaces For Second Year in a Row

Lacework Named to the 2022 CNBC Disruptor 50 List

Coinshift Closes $15 Million Series A Led by Tiger Global, Sequoia Capital India, Alameda Ventures

e.GO Mobile Opens New Brand and Experience Store in Berlin

Andhra Pradesh CM performs First Concrete Pour for World's largest Integrated Renewable Energy Storage Project

WSJ Bestseller Global Talent Unleashed by Globalization Partners Founder and Executive Chair Now Available in Bookstores and Online

Big CIO Show to convene India's top-notch CIOs at Taj Lands End, Mumbai

InEight launches project controls solution to manage progressive project delivery models; pilot shows 10% reduction in design costs

Announcing LeanIX Connect Summit Americas 2022: Innovation for the Always-on Enterprise

TDK Ventures Nicolas Sauvage recognized in Top 20 of Global Corporate Venturing Powerlist 2022

Frost & Sullivan awards Microsoft with the Platform of the year for its IoT Solutions

Record-breaking interest in more sustainable IT products

Aditya Birla Group's Hindalco Ind. Ltd. and Manush Labs launch 'Cleantech Startup challenge 2022'

Adoption of Voice Technology Crucial to Bridge Digital Divide: IAMAI

Herzing University Announces InUni as International Markets Strategic Adviser

Royce Thomas joins as President and Chief Business Officer of CtrlS

Losant Earns Frost & Sullivan's 2022 Global Technology Innovation Leadership Award for Its Innovative and Customizable IoT Platform

Armis Launches 'Critical Infrastructure Protection Program' with Three Months of Complimentary Service to Support SHIELDS UP Initiative

BOGOTA'S LEONOR ESPINOSA NAMED THE WORLD'S BEST FEMALE CHEF 2022

Parineeti Chopra Teams Up with PADI to Create Ocean Change

DBS DIALS UP DIGITALISATION EFFORTS TO MEET BURGEONING DEMAND FOR SUPPLY CHAIN FINANCING ACROSS ASIA

ENROLMENTS SOAR FOR SP JAIN'S EXECUTIVE MBA PROGRAM AS PROFESSIONALS RETURN TO WORK

SUSE Transforms Cloud Native Security From Core to Cloud to Edge With Significant Advancements to NeuVector and Rancher

"Selective secularism is dangerous for the country," says Director Vivek Agnihotri during CMFF-2022 at Chandigarh University

MOĂ‹T HENNESSY LAUNCHES THE FIRST EDITION OF THE WORLD LIVING SOILS FORUM: MOBILIZE AND TAKE ACTION FOR THE LIVING SOILS

Skills for English™ Language Tests Now Approved by the Irish Government for Study Visa

THE GOLDEN TRAIL WORLD SERIES AIMS TO PUT TRAIL RUNNING ON TV!

FNZ makes investment in GIST to accelerate sustainable investing globally

Volocopter Collaborates with Microsoft on VoloIQ Aerospace Cloud Project

ABL AND ODIMMA THERAPEUTICS JOIN FORCES IN PERSONALIZED CANCER IMMUNOTHERAPY

New Research Reveals Best Investment Migration Options to Improve Climate Resilience

Parcos announces its first Parcos Select Store in association with Prestige The Man Store, Bengaluru

Oizom's breakthrough technology leads the way in monitoring air quality in 50 countries

The Institute of Professional Banking (IPB) in collaboration with The Smart Owl launches its first center in Bengaluru

YPO Names Dharsono Hartono the 2022 Global Impact Award Recipient

The INX Digital Company Reports First Quarter 2022 Updates and Business Earnings Release

SOHAR FREEZONE DRIVES GROWTH WITH NEW INCENTIVES FOR TENANTS

Magic EdTech achieves ISO 27001:2013 Certification

Lockton posts highest year-over-year growth in company history

Four the Win - GIGABYTE Wins Big at iF Design Award 2022

Nava Bharat Ventures - reports all-round record performance for Q4 & FY22

HarperCollins is proud to announce the release of Five Seats of Power: Leadership Insights from the Mahabharata by Raghu Ananthanarayanan

LifeOmic Applauded by Frost & Sullivan for Enabling More Cost-efficient, Targeted Holistic Precision Health with Its Interoperable Precision Health Solutions

SOFWAVE™ TECHNOLOGY WINS MAJOR BEAUTY AWARDS -- 2022 ADDING TO THE 2021 ELLE AWARD

Ribbon's Partner Program Receives 5-Star Rating in CRN® 2022 Partner Program Guide

Johnson Matthey publishes latest PGM Market Report, 2022

Broking Firm BP Wealth launches its B2C Retail offering 'Stoxbox,' India's first subscription-based retail brokerage app

HH Global launches industry-leading Sustainable Procurement Framework for strategic suppliers

New Report Estimates the Metaverse Could Contribute 2.8% to Global GDP in Its First Decade

THE LEELA PALACES, HOTELS AND RESORTS EMBARKS ON A JOURNEY OF HOLISTIC WELLBEING WITH 'AUJASYA BY THE LEELA'

Trina Solar keeps second spot for global module shipments in first quarter

The 21st century digital revolution of Vedic Worship: The Next Big Thing - Sadhana App

SPJIMR hosts its Annual Convocation for its participants

The most decisive platform for the Indian woodworking, furniture and mattress manufacturing industry is set to create new benchmarks

Registrations for NMIMS NPAT in full-swing. Check how to register and other details

HOPIUM proposes the appointment of French Cabinet Minister for Transport, Mr. Jean-Baptiste Djebbari, as a member of its Board of Directors

IIIT HYDERABAD ORGANISES WORKSHOP ON IoT AND oneM2M

NMIMS Shirpur campus commences admission for a 4-year degree program at School of Agricultural Sciences & Technology (SAST)

SVKM's NMIMS appoints Dr. Kaiwan Mehta as Dean of Balwant Sheth School of Architecture

Launch of one of the most awaited 'DroneNaksha' for Drone Survey and Mapping at DFI event 2022 - by PDRL

Microland Foundation Renovates and Modernizes the Out-Patient Department of Government Lawley Hospital, Coonoor

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Imperative to work on ground water reple...
BJP plans to make inroad among backward ...
BKU meeting on May 29 to discuss rifts, ...
Man tied to running truck for stealing m...
K'taka lovers try to get rid of their ch...
Not to depend on Navy, Goa to recruit st...
More...    
 
 Top Stories
French Open: Badosa advance into R2... 
MSME Home Textile Sector deeply imp... 
IPL 2022: Shubman Gill feels he doe... 
RCP Singh dismisses speculation of ... 
BJP top brass to meet today to deli... 
North Korea launches 3 ballistic mi... 
Maharashtra govt increases security... 
SecurView launches next-generation ...