Page 241 of industry news

NMDC looks to mine lithium and cobalt in foreign lands

The company is planning offshore mining of copper, nickel and gold, Deb said.

August 12, 2022 15:39 IST

The 1,500 GCCs, currently operating in India, employ close to 1.4 million people, according to Nasscom.

Multinational companies to expand GCC footprint

American retail giant Lowe’s Companies opened its second GCC in Bengaluru in April. Together with Lowe’s existing office, the new…

August 12, 2022 06:30 IST

The consolidated order book was up 20% year-on-year to Rs 2,611 crore. Pump production increased 103% during the quarter under review.

Kirloskar Brothers profit up 31.4%

Sanjay Kirloskar, chairman and managing director, Kirloskar Brothers, said the top-line grew at a healthy pace, driven by improved product…

August 12, 2022 02:00 IST

Managing director Ashwath Ram said there had been double-digit growth in demand from the real estate, pharma, biotech and data centre businesses.

Cummins India demand surges, but supply chain a constraint

In the Indian market, the road construction sector saw a drop in activity because of the monsoon, but is expected…

August 12, 2022 01:45 IST

Operating efficiencies boosted Ebitda (earnings before interest, taxes, depreciation, and amortisation) 771% y-o-y to Rs 297.8 crore from Rs 34.2 crore.

Page Industries’ profit zooms in Q1 on strong sales

Ebitda margin was 22.2%, compared to 24%. Cash and cash equivalents rose to Rs 314.4 crore during the quarter, up…

August 12, 2022 01:00 IST

Facilities worth Rs 35,000 crore rated by Icra could be downgraded post RBI FAQs

The top five sectors which stand to be affected by the central bank’s diktat are power, healthcare, engineering, construction and…

August 10, 2022 14:33 IST

Check on cross-border economic offences: Airlines asked to share detailed information of international passengers

The PNR Regulations aim to receive and process passenger name record information along with any other information relevant for risk…

August 10, 2022 03:50 IST

Textile industry pins hope on festival season for demand revival

Textile units in neighbouring Bangladesh, Sri Lanka and even China are facing challenges of slowing global demand, energy crisis.

August 10, 2022 03:40 IST

MRF net profit falls 30% to Rs 112 crore in Q1

Total expenses rose 37% to Rs 5,481 crore, of which raw materials’ increase accounted for 26% at Rs 4,043 crore.

August 10, 2022 02:20 IST

Dish TV net profit falls 64 pc to Rs 17.85 crore; revenue down 17 pc in April-June

External factors dominated and impacted the recharge behaviour of DTH subscribers with top-end consumers swapping between DTH and streaming content…

August 9, 2022 21:32 IST

Eldeco Housing and Industries Q1 profit jumps to Rs 10 crore

Realty firm Eldeco Housing and Industries Ltd on Tuesday reported more than two-fold jump in consolidated net profit at Rs…

August 9, 2022 19:58 IST

IGL net profit up 72% in Q1

Product-wise, CNG recorded sales volume growth of 63 per cent, while piped natural gas recorded sales volume growth of 17…

August 9, 2022 19:47 IST

ABB India net profit more than doubles to Rs 147 crore in June quarter

The company had reported a profit of Rs 68 crore in the quarter ended June 30, 2021, according to a…

August 9, 2022 17:12 IST

FMCG firms hope festival season will boost volumes

The FMCG firms are looking at various distribution and multimedia channels to tap into the consumer demand at all levels…

August 9, 2022 03:20 IST

Torrent Power elevates Varun Mehta as director on board

Torrent Power on Monday said its consolidated net profit more than doubled to Rs 502.01 crore in the April-June quarter.

August 9, 2022 02:20 IST

Torrent Power Q1 consolidated net profit jumps 140%

On July 30, 2022, Torrent Power acquired 100% of the paid-up capital of Wind Two Renergy from lnox Green Energy…

August 9, 2022 02:10 IST

UpGrad raises $210 million, led by Bodhi Tree, ETS Global, Kaizen

Founded in 2015, the Mumbai-based company has raised at least $930 million so far, including in this round, Tracxn data…

August 9, 2022 02:00 IST

Nykaa rating: Buy | Sustained growth is the standout feature

Business offers multi-decade expansion opportunity; ‘Buy’ retained with target price revised to Rs 1,743.

August 9, 2022 00:40 IST

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‘All available funds’: Trump directs Pentagon to protect troop pay as shutdown stretches

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Page 241 of industry news

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