Kamdhenu's Q3 profits dip

05 Feb 2024 CW Team

In a recent financial report, Kamdhenu, a prominent player in the steel and paints industry, revealed a 7% decline in net profit for the third quarter of the fiscal year 2024. The company, which has been a stalwart in the market, is grappling with challenges brought about by the shifting economic landscape.

Kamdhenu's net profit fell to ?11 million during the mentioned quarter, reflecting the complex dynamics at play in the current business environment. Economic uncertainties, coupled with changes in consumer behavior, have contributed to this downturn, posing a formidable test for the company's resilience.

Industry analysts speculate that the ongoing global economic shifts, trade disruptions, and supply chain challenges may have influenced Kamdhenu's financial performance. The company's management, however, remains optimistic about implementing strategic measures to navigate these challenges and restore growth.

This financial development raises questions about the broader implications for the steel and paints sector, highlighting the need for industry stakeholders to adapt swiftly to the evolving market conditions. Investors and market observers are closely monitoring Kamdhenu's response strategies, anticipating their impact on the company's future financial outlook.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..