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PRESS RELEASE

Microchip Technology Inc announced the LX7720 radiation-hardened mixed signal motor controller

admin - October 27, 2020

Project Management Institute Launches Initial Products in Industry’s First Platform-Agnostic Suite of Resources to...

admin - October 27, 2020

Orientbell Tiles Grows by +6% in Q2FY21

admin - October 28, 2020

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The Cochin Shipyard and Fincantieri of Italy have entered a memorandum of understanding (MoU) for co-operation in the areas of design, ship building, ship repair, marine equipment manufacturing, besides training & skill development. The agreement sets the ground for a strategic partnership aimed at business development for mutual benefit as well as potential indigenisation in the identified areas of cooperation in line with the ’Atmanirbhar Bharat’ and ‘Make in India’ vision of the government. The Shipyard with facilities both on the East and West coast of India is a leading yard in ship building and ship repair, both on the commercial & defence fronts. Fincantieri is a shipbuilding company and has built more than 7,000 vessels, operating 18 shipyards in four continents. The company is into cruise ship design and construction and a player in all high-tech shipbuilding industry sectors, from naval to offshore vessels, from high- complexity special vessels and ferries to mega yachts, as well as in ship repairs and conversions, production of systems, mechanical and electrical component equipment and after-sales services.

Cochin Shipyard signs memorandum of understanding with Fincantieri

October 28, 2020

Orient Bell Ltd. today announced its unaudited financial results for the quarter ended Sep 30, 2020. Key Highlights – Q2FY21: image.png Topline growth +6% y-o-y led by renewed focus on New Products, Displays and Channel Engagements EBITDA margin at +8% led by concerted efforts on cash fixed costs and improvement of consumption KPI’s; EBITDA loss of Q1FY21 recouped fully during Q2FY21 Strong focus on Working Capital management continues – Days Inventory Outstanding (DIO) and Days Sales Outstanding (DSO) improved significantly First ever Digital launch of New Products ~ 300 new SKU’s (See the entire range at https://www.orientbell.com/new-tile-designs) o Germ Free Tiles – Wall & Floor o High Gloss Germ Free Tile – Sparkle Series300X450 o High Depth Elevation Tiles - 300X600 o New designs introduced in GVT o 400X400 Pavers - Rhino Series No. of new Orient Bell Tile Boutique (OBTB’s) added during Q2FY21 – 25, total number of active OBTB’s as on 30-Sep-20 increased to 188 Marketing investments restored during Q2FY21 – 1.3% of topline (~2.6X of Q1FY21 spend) Sale from High Value Products (HVP) increased to 41%. Own Manufacturing sales increased to ~68% of total revenue

Orientbell Tiles Grows by +6% in Q2FY21

October 28, 2020

Project Management Institute Launches Initial Products in Industry’s First Platform-Agnostic Suite...

October 27, 2020