Page 223 of industry news

Eveready Industries Q2 profit, Eveready Industries Q2 Results,

Eveready Industries Q2 profit down 53 pc to Rs 15 crore

Its revenue from operations was up 5.1 per cent to Rs 375.75 crore during the quarter under review as against…

October 28, 2022 20:49 IST

NIIT net profit falls 24.5 pc to Rs 39.5 crore in July-September

The number of MTS customers stands at 70 and revenue visibility for CLG, at the end of the quarter, was…

October 28, 2022 20:31 IST

Blue Dart Express Q2 net profit rises marginally by 3 pc

The company’s consolidated income during the July-September period increased to Rs 1,332.9 crore, over Rs 1,129.8 crore last year.

October 28, 2022 20:05 IST

SAIL inks pact with AAI for facilitating start of commercial flights from Rourkela

Steel Authority of India Ltd (SAIL) has signed the operation and management contract with AAI through its unit Rourkela Steel…

October 28, 2022 19:04 IST

Generic Revlimid pays off: Dr Reddy’s PAT up 12 pc at Rs 1,113 cr in Q2

The company launched generic Revlimid (Lenalidomide) capsules in the US market during the quarter.

October 28, 2022 18:53 IST

Record sales drive Maruti Suzuki Q2 net over 4-fold to Rs 2,112.5 crore

The company had posted a consolidated net profit of Rs 486.9 crore in the same period last fiscal, Maruti Suzuki…

Updated: October 28, 2022 15:15 IST

Parag Agrawal’s 11-month tenure as Twitter CEO ends as Elon Musk takes control

Less than a year into his job as CEO, India-born Agrawal was ousted from the company by its new owner…

Updated: October 28, 2022 11:32 IST

Indus Towers profit plunges 44% in Q2

Accepts Voda Idea’s proposal for softer payment terms

October 28, 2022 06:10 IST

Hyundai Motor partners with SK On to supply EV battery to North America

Hyundai gets nod for general insurance broking

“The company will initially cater to servicing motor insurance policies and later branch out into other general insurance policies,” HMIL…

October 28, 2022 05:50 IST

PC Jeweller defaults on Rs 3,466-cr loan facilities

The company reported a net profit of Rs 85.92 crore on a consolidated basis for Q2, against a net loss…

October 28, 2022 04:15 IST

Dabur to take digital route to launch new products

The e-commerce channel saw a growth of 50% for Dabur in the quarter ended September 30 and now contributes to…

October 28, 2022 04:00 IST

Myntra’s losses widen 39% to Rs 597 crore in FY22

Myntra’s total expenses also moved in tandem with its growth in operating revenues, increasing 46% to Rs 4,207 crore in…

October 28, 2022 03:50 IST

HUL stands out amid turmoil: Unilever CEO

“The commodity pain may continue,” Jope said as there could be further challenges due to high inflation that may persist…

October 28, 2022 03:25 IST

FMCG firms may see margins improve in coming quarters

Hindustan Unilever (HUL), the country’s largest FMCG company, has guided that the net material inflation (NMI) will be sightly lower…

October 28, 2022 01:45 IST

Udaan bags $120mn in funding via convertible notes

A person aware of the fundraise told FE that Udaan was valued at around $3.2 billion in this funding round.

Updated: October 27, 2022 15:48 IST

SAIL crosses Rs 10,000 crore procurement mark on GeM portal

GeM is a completely paperless, cashless and system-driven e-marketplace that enables procurement of common-use goods and services with minimal human…

Updated: October 27, 2022 15:27 IST

JSW Steel’s US arm raises USD 182 mn to fund Baytown plate mill modernisation

The capital of USD 182 million has been raised, the company said in a reply to a query on the…

Updated: October 27, 2022 13:10 IST

Samsung officially names third-generation heir Lee Jae-yong chairman

Lee’s promotion is partially symbolic as he has helmed the Samsung group in his capacity as the electronics company’s vice…

Updated: October 27, 2022 11:51 IST

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