ŠKODA AUTO Group Generates Solid Earnings for 2022 Within Challenging Environment

Ludhiana, March 16, 2023 (News Team):
The Škoda Auto Group1) delivered 731,300 vehicles worldwide in 2022 and increased its revenues year-on-year by 18.5% to 21 billion euros (2021: 17.7 billion euros). The market environment remained challenging due to the ongoing semiconductor shortage, persisting supply chain issues and a substantial increase in raw material prices. Thanks to effective countermeasures, the car manufacturer managed to achieve a positive operating profit amounting to 628 million euros (2021: 1.083 billion euros; -42%). This was attained despite the financial burden of extraordinary effects regarding the situation in Russia. The negative impacts related to the business in Russia were estimated at almost 700 million euros. Therefore, the return on sales without these extraordinary effects slightly exceeded last year's 6.1%, but dropped to 3.0% including extraordinary effects. Despite the current challenges, Škoda continues to be financially sound, pushing the internationalization of the company and keeps investing heavily into electromobility and digitalization.
Omaxe Organises Blood Donation Camp at Omaxe Royal Residency, Ludhiana

Ludhiana, March 14, 2023 (News Team):
Omaxe, India's one of the leading real estate developers has orgnaised a blood donation camp on 12th March 2023, Sunday at Omaxe Royal Residency, Pakhowal Road, Ludhiana.
IDFC Mutual Fund Rebrands to Bandhan Mutual Fund

Ludhiana, March 13, 2023 (News Team):
IDFC Mutual Fund is set to adopt its new brand identity as Bandhan Mutual Fund on Monday, March 13, 2023. Consequently, each scheme of the fund house will be renamed to replace the word ‘IDFC’ with the word ‘Bandhan’. Since the underlying investment strategy, processes, and team continue to remain the same, investors can benefit from the same high‐quality investment approach that the fund house is reputed for.

Omaxe Launches Royal Signature, a New High-Rise Luxury Project in Ludhiana

Ludhiana, March 10, 2023 (News Team):
Omaxe Ltd., one of India's leading real estate developers, has recently launched its new luxury project –Royal Signature, in Ludhiana. Spread across 1.85 acres, this opulent project is within Omaxe's fully integrated luxury township called "Royal Residency," conveniently located at Pakhowal Road, a prominent residential area in Ludhiana. The towering structure soaring 120 metres high, stands as the tallest tower in Ludhiana and Punjab.
ŠKODA AUTO India Announces Season 2 of Škoda Single Wicket Tournament

Ludhiana, March 09, 2023 (News Team):
ŠKODA AUTO India has announced Season 2 of the ŠKODA Single Wicket (SSW) tournament, with an objective to cover 59 cities and 32,000+ young cricketers across India. ŠKODA Single Wicket Season 2 will start on April 28.
Vi Brings Popular OTT Platform Atrangii on Vi App

Ludhiana, March 07 2023 (News Team)
: Get ready to binge on some of the best Hindi content as, Vi, India’s leading telecom operator, has partnered with Atrangii to offer premium subscription