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Page 10 of industry news

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revenue
Midcap IT firm posted higher revenue growth than larger peers in April-June

However, mixed performance on margins, & profit front

Updated: August 12, 2024 16:05 IST
Aditya Birla Fashion and Retail, Q2 results, profit, revenue, EBITDA, lifestyle business, fashion business, store expansion, demerger
Aditya Birla Fashion Q1 net loss widens amid weak demand

The earnings came amid a muted retail environment, led by a consumption slowdown and lower wedding days.

August 8, 2024 08:49 IST
Budget 2025, Budget 2025 Expectations, Budget 2025 Expectations Higlights, Union Budget 2025 Expectations Highlights, Nirmala Sitharaman
Relief for Non-resident E-commerce Operators: Abolishing the Equalisation Levy

“The proposal to eliminate the EL for non-residents in digital transactions will ease compliance, boost international trade, and simplify business…

August 2, 2024 13:21 IST
Image: IE
How Mumbai’s Central Suburbs are Getting a Premium Luxury Lift in Residential Real Estate

“Mumbai’s central suburbs are evolving into premium housing markets, attracting top executives and industry leaders due to their proximity to…

August 2, 2024 12:53 IST
Travel tech startups
Travel tech startups roar back to life post Covid slump

While some startups like ixigo and TBO Tek made their IPO debut this year, many have raised funding and many…

Updated: July 29, 2024 14:45 IST
Chennai Super Kings ownership
India Cements sale won’t alter CSK ownership

UltraTech Cement announced on Sunday that its board of directors has approved the purchase of a 32.72% equity stake in…

Updated: July 29, 2024 10:28 IST
UltraTech Cement, India Cements, acquisition, open offer, equity share
Ultratech Q1 profit flat, lags estimates

The country’s largest cement maker’s revenues rose marginally by 2% year-on-year to Rs 18,070 crore as against estimates of Rs…

July 20, 2024 16:33 IST
Reliance jio
Jio logs 2% increase in profit to Rs 5,693 crore

Arpu remains flat at Rs181.7

July 20, 2024 16:13 IST
infosys
Infosys headcount falls for sixth straight quarter in Q1

The total headcount for the June quarter stood at 315,332, down from 336,294 in the previous quarter.

Updated: July 19, 2024 08:59 IST
Q1 Results 2024 Highlights Infosys, Tata Technologies, L&T Tech, Havells India
Q1 Results 2024 Highlights: Infosys, Tata Technologies, JSW Infra, Havells India, and other companies announced earnings today

Q1 Earning Results 2024 Highlights: Infosys, JSW Infra, Tata Technologies, L&T Tech, Polycab India, and other public companies reported their…

Updated: July 18, 2024 18:41 IST
From Investing for growth to leveraging Gen AI to meet ESG goals

What the CXOs across sectors were reading in the changing landscape with respect to adoption of Gen AI was crucial…

July 15, 2024 14:43 IST
FE CXO Leadership Dialogue
FE CXO Leadership Dialogue on tapping the power & promise of Generative AI

It was witness to brainstorming, thought sharing and idea swapping around leveraging technology in areas that have been engaging the…

Updated: July 15, 2024 16:14 IST
LOGOs, Indospace assets sale
LOGOs, Indospace eye asset sales

LOGOS India is initiating the sale process to sell two of its assets in Chennai and Luhari in Haryana, they…

July 15, 2024 10:47 IST
EPFO news
27 establishments surrender exemption under EPFO

These establishments “surrendered” their exemption mainly due to improved services under the EPFO, the release said.

Updated: July 15, 2024 09:53 IST
Hotel industry reports marginal RevPAR growth in Oct 2024 on high base effect, festive season; medium-term demand outlook remains positive
Small Indian hotels dream big with foreign locales

In June, global hospitality technology company Oyo launched its first luxury hotel in Dubai—Palette Royal Reflections Hotel and Spa—to strengthen…

Updated: July 14, 2024 12:13 IST
Zepto
Zepto elevates Devendra Meel as chief business officer 

This move comes on the heels of the company’s recent $665-million funding round, which valued the startup at $3.6 billion.

Updated: July 13, 2024 11:33 IST
LG Electronics
LG to make investments in India, other countries to enhance HVAC quality

 The South Korea-based manufacturer is expected to make substantial investments in the coming years in India and other countries to…

Updated: July 12, 2024 10:11 IST
Jio, Voda, airtel
S&P: Better Vi network may hit Airtel, Jio user growth

The same assumes significance as so far both Jio and Airtel have been adding subscribers at the expense of Vodafone…

Updated: July 12, 2024 08:28 IST
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shorts
SBI Funds Management shares slip 4% on Day 2
SBI Funds Management shares slip 4% on Day 2
Market2 hr ago

SBI Funds Management shares fall 4% after listing at a premium, but close higher than the listing price. The company manages Rs 12.5 lakh crore across 120 schemes and offers a diverse mix of equity and hybrid funds. The IPO was subscribed 41.66 times, with strong demand from QIBs. SBI received Rs 5,711 crore from the IPO, which was the 10th most subscribed mainboard issue this year.

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