Black Box to increase India biz share in global revenue, hire 400 people in 2 yrs
Essar Group’s IT arm Black Box expects the share of India business to grow by 1-2 percentage points in its course to become a USD 2 billion revenue company by 2027-28, a top official of the company said. The company specialises in building IT infrastructure for critical technology applications including hyperscaler data centres and planning […]
Essar-backed Pluckk’s meal kit arm Kook to grow 4 times in FY25
It has a selection of over 50 meal kits and has presence across five cities, with over 250 dark stores in each city Essar-backed fresh foods brand Pluckk sees Kook, the meal kit start-up it acquired last year, to grow four times in FY25 and expects monthly volumes to touch 1 million by March 2028 […]
Black Box Targets Tripling in Revenue on US Networking Demand
Indian digital network builder Black Box Ltd. is seeking to nearly triple sales to $2 billion over the next four years, betting on growing demand for data centers and cybersecurity services in its largest market of North America. Black Box, controlled by Indian ports-to-power conglomerate Essar Group, will use acquisitions and leverage its partnerships with […]
Black Box eyes partnerships, M&A in India
Digital infrastructure firm Black Box is looking for partnerships or mergers and acquisitions to enter the Indian market, which is the most lucrative data centre opportunity for the next three to five years, said Sanjeev Verma, a wholetime director of the Essar Group subsidiary. The systems integrator serves top tech companies in more than 35 […]
Mint Sustainability Summit 2024: GreenLine leads the discussion on decarbonising India’s road transport sector
In a significant advancement for India’s green mobility sector, GreenLine Mobility Solutions Ltd, India’s pioneering green logistics company, took center stage at the Mint Sustainability Summit 2024. Held at the ITC Maurya in Delhi on August 28, 2024, the summit brought together a diverse group of industry leaders and experts to explore and discuss pathways […]
Black Box delivers robust PAT growth of 55% YoY owing to strong emphasis on enhanced productivity and better deal margin
Mumbai, August 13, 2024: Black Box Limited (BSE: 500463) (NSE: BBOX), announced its unaudited financial results for the quarter ended 30th June 2024 Consolidated Performance Highlights: Profit and Loss: Particulars (Rs in Cr) Q1FY25 Q1FY24 YoY Change Revenue from Operations 1,423 1,571 -9% EBITDA 115 89 28% EBITDA Margin 8.1% 5.7% PAT 37 24 55% […]
Black Box seeks $2 bn revenue within 3-4 years: CEO of digital infra firm in an interview with Business Standard
US and India biggest growth markets for the company, says Sanjeev Verma Black Box, a digital infrastructure firm listed on the BSE, seeks $2 billion in revenue within three to four years by expanding in the United States (US) and India,, said its chief executive officer Sanjeev Verma in an email interview. Growth will come […]
Mr Sanjeev Verma, CEO – Black Box Limited in an exclusive interview with ET Now
Watch Mr Sanjeev Verma, CEO – Black Box Limited, as he shares his views on the company’s recent fundraiser and growth plans in an exclusive interview with ET Now ( Click here for the media release ) Excerpts: Before we go to market, let’s get in the management of blackbox, Sanjeev Verma Chief Executive Officer of […]
Black Box Limited secures Rs. 410 Crores in funding to drive growth and expansion in digital infrastructure sector
Mumbai, August 2, 2024 – Black Box Limited (BSE: 500463/NSE: BBOX), a premier trusted global digital infrastructure solution integrator delivering cutting-edge technology solutions and worldclass consulting services to businesses around the globe, announced that it has received commitment for raising of funds aggregating to Rs. 410 crores via preferential issue aimed at accelerating growth and […]
Hindalco Birla Copper Partners with GreenLine for a Cleaner, Greener Future
In a significant step towards environmental sustainability and reducing carbon footprint, Hindalco Birla Copper has embarked on a pioneering initiative in collaboration with GreenLine, its green logistics partner. This strategic partnership aims to revolutionize logistics operations by introducing LNG-powered trucks, heralding a new era of cleaner transportation in the industrial sector. The initiative supports Hindalco […]