Shobhan Mittal News

Shobhan Mittal News
Shobhan Mittal News

March 23, 2017

UK Parliament Terror Attack : What We Know So Far

Four people were killed, including the assailant, and 40 injured after being run over and stabbed in a terror attack at the heart of Britain's seat of power attributed by police to "Islamist-related terrorism". The lightning attack unfolded on Wednesday across Westminster Bridge in the shadow of Big Ben, a towering landmark that draws tourists by the millions and stands over Britain's Houses of Parliament -- the very image of London. The attacker was shot dead by police within the perimeter of UK Parliament. Here's what we know:

THE ATTACK

The attacker used a car to run down several pedestrians on the iconic Westminster Bridge. At least one woman and one other person were killed by the vehicle and others were left with "catastrophic injuries," according to police. Three police officers were among those injured on the bridge.

The driver then rammed his car into the Parliament fence and fatally stabbed a police officer as he tried to enter the building. 

Police tape off Parliament Square in London after reports of loud bangs. (Photo: Reuters)

February 14, 2017

Htsyndication covers Greenply CEO Shobhan Mittal


shobhan mittal
Shobhan Mittal, the CEO and Joint MD of Greenply Industries Limited stated that he is expecting an eight to ten percent growth in revenues by end of financial year 2017.

Shobhan Mittal has been spearheading Greenply Industries for over a long time and his company is well-known for producing plywood products that meet with the international standards.

Dalal Street coverage on Shobhan Mittal Financial Year 2017

shobhan mittal
Shobhan Mittal, the CEO and joint MD of Greenply Industries Limited stated that he is expecting an eight to ten percent growth in revenues by end of financial year 2017. Shobhan Mittal has been spearheading Greenply Industries for over a long time and his company is well-known for producing plywood products that meet with the international standards.

Shobhan Mittal stated that there are lots of challenges in the plywood business but things have definitely turned out to be positive for them. Though pricing has indeed been a challenge for different markets but according to him, their combination of better product mix and capacity utilizations certainly has led to further growth. He stated that the present focus of his company remains on reducing working capital investments which in turn will affect sales volumes as well. Also, he was of the opinion that the year 2016 has remained quite flattish in terms of pricing and there has been a dip of around Rs. 2/square meter.

Bloomberg covers Shobhan Mittal Interview

shobhan mittal
Shobhan Mittal, the CEO and Joint MD of Greenply Industries Limited stated that he is expecting an eight to ten percent growth in revenues by end of financial year 2017. 

Shobhan Mittal has been spearheading Greenply Industries for over a long time and his company is well-known for producing plywood products that meet with the international standards.

February 08, 2017

Business Wire India News cover Greenply Joint MD- Shobhan Mittal

Shobhan Mittal, the CEO and Joint MD of Greenply Industries Limited stated that he is expecting an eight to ten percent growth in revenues by end of financial year 2017. Shobhan Mittal has been spearheading Greenply Industries for over a long time and his company is well-known for producing plywood products that meet with the international standards.

shobhan mittal
Shobhan Mittal stated that there are lots of challenges in the plywood business but things have definitely turned out to be positive for them. Though pricing has indeed been a challenge for different markets but according to him, their combination of better product mix and capacity utilizations certainly has led to further growth. He stated that the present focus of his company remains on reducing working capital investments which in turn will affect sales volumes as well. Also, he was of the opinion that the year 2016 has remained quite flattish in terms of pricing and there has been a dip of around Rs. 2/square meter.

During Q2 of FY 16, the capacity utilization for the plywood division of Greenply Industries Limited was recorded at 116% whereas for the medium density fireboard (MDF) it was at 109%. The growth according to him actually resulted from higher volume and higher utilizations as pricing posed quite a tough challenge, thanks to more competition and capacities. Post demonetization, the company has faced some tough challenges and had to cut down on its production rate. D. N. Sahu, Purchase Head of GIL stated that the company was forced to reduce its production by 40% as lack of cash significantly reduced purchase of luxury goods such as plywood. Also, the management expects that the demonetization move will adversely affect demands for the next two to three quarters and the company may have to deal with the issue of working capital pressure.

Biznews covers Shobhan Mittal on FY17

Shobhan Mittal, the CEO and Joint MD of Greenply Industries Limited stated that he is expecting an eight to ten percent growth in revenues by end of financial year 2017. Shobhan Mittal has been spearheading Greenply Industries for over a long time and his company is well-known for producing plywood products that meet with the international standards.

Ad Hoc News coverage over Greenply CEO

Shobhan Mittal, the CEO and joint MD of Greenply Industries Limited stated that he is expecting an eight to ten percent growth in revenues by end of FY17. Shobhan Mittal has been spearheading Greenply Industries for over a long time and his company is well-known for producing plywood products that meet with the international standards.
shobhan mittalShobhan Mittal stated that there are lots of challenges in the plywood business but things have definitely turned out to be positive for them. Though pricing has indeed been a challenge for different markets but according to him, their combination of better product mix and capacity utilizations certainly has led to further growth. He stated that the present focus of his company remains on reducing working capital investments which in turn will affect sales volumes as well. Also, he was of the opinion that the year 2016 has remained quite flattish in terms of pricing and there has been a dip of around Rs. 2/square meter.

November 24, 2016

Traumatising post showing monkey, tortured and killed by medical students, goes viral

Doctors are no less than gods for the mortal souls as they are trusted with the job of saving lives of people or animals alike. But sadly, four medical students of Christian Medical College in Vellore forgot the basic principal of this noble profession.

During Debate On Notes Ban, This Punchline Made PM Narendra Modi Laugh

Prime Minister Narendra Modi couldn't help but laugh briefly during a fierce attack by the opposition on his decision to ban 500 and 1,000-rupee notes.

It was Naresh Agrawal of the Samajwadi Party that provided the punchline.

Viagra found in South Korea President Park Geun-hye's office

SEOUL: Little blue pills in South Korea's presidential Blue House?

President Park Geun-hye's office on Wednesday confirmed revelations by an opposition lawmaker that it purchased about 360 erectile dysfunction Viagra pills and the generic version of the drug in December.