HI-RICH MARKETING (INDIA) PRIVATE LIMITED

    Hi-rich Marketing (india) Private Limited Details

    CINU51505MH1997PTC111130
    Date of Incorporation07 Oct, 1997
    StatusStrike Off
    Company CategoryCompany limited by Shares
    Company Sub-categoryNon-govt company
    Company ClassPrivate
    Business ActivityTrading
    Authorized Capital10.0 lakhs
    Paid-up Capital0.0 lakhs
    Paid-up Capital %0.0
    Registrar Office CityMumbai
    Registered StateMaharashtra
    Registration Number111130
    Registration Date07 Oct, 1997
    Listing StatusUnlisted

    Hi-rich Marketing (india) Private Limited News

    • The April-June quarterly results of Indian companies were disappointing, with BSE 500 firms showing just an 8% revenue growth and a 3% profit rise. Analysts will closely monitor future earnings. Professionals from sectors such as automobiles, consumer goods, and healthcare are cautiously optimistic, expecting better performance due to favorable conditions in the upcoming months.

      The phenomenon of surrogate advertising is risining in which companies cleverly promote prohibited products like alcohol by using alternate items like soda. The Central Consumer Protection Authority issued guidelines in 2022 to regulate this, threatening penalties and bans for violations. Surrogate advertising relies on consumers recognizing the hidden messages behind these promotions.

      Kunal Agarwal, formerly of Samsung India, joined Xiaomi India as deputy sales head in February, leading to numerous Samsung executives switching to Xiaomi. This shift coincides with Xiaomi's recent market rise and Samsung's decline amidst inventory issues and retailer disputes over pricing and margins.

      Footwear firm Bata India Ltd reported a 61.7% increase in standalone net profit to Rs. 174.37 crores in the first quarter ended June 2024, compared to Rs. 107.84 crores in the corresponding quarter of the previous year.

      Hiring activity in the white-collar sector increased by 12% YoY in July 2024, with key sectors like Pharma/Biotech, FMCG, Real Estate, and AI/ML leading the growth. Overall, the broad-based growth across sectors and geographies signals a positive trend, with the IT sector and fresher hiring experiencing significant upticks.

    * Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 04 Dec, 2018.

    Please Note: Data on this page may not be updated vis-à-vis company’s current credentials.

    The Economic Times

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