Page 242 of industry news

HPCL rating: Reduce | Marketing woes will continue to hurt

Performance at record low; FY23e EPS down by 71%; ‘Reduce’ maintained with revised target price of Rs 220.

August 9, 2022 00:30 IST

BPCL to invest Rs 1.4 trillion in next five years: Gas, renewables, e-mobility among focus areas

BPCL also plans to increase its renewable energy capacity to 1 GW by 2025 and 10 GW by 2040, aligning…

August 8, 2022 00:05 IST

Need to put handloom census data in public domain, says Piyush Goyal

Goyal also highlighted the need to connect weavers and artisans with a greater clientele in both domestic as well as…

August 7, 2022 22:36 IST

Ashima’s depreciation and amortisation expenses increased by 25% from Rs 82 lakh to Rs 1.03 crore on y-o-y basis.

Ashima Ltd net profit up 3% to ₹377 crore in June qtr

In the current fiscal, sales started improving which reflected the company’s balance sheet.

August 7, 2022 03:30 IST

Total revenues of the company stood at Rs 1,411 crore as compared to Rs 960 crore, registering an increase of 47%.

Chemplast Sanmar PAT up 41% to ₹41 cr in Q1

In the first quarter, the company commissioned the first of its multiple capex projects which was announced at the time…

August 7, 2022 02:30 IST

Fortis healthcare shares | IHH Healthcare Sale share |

Fortis Q1 profit falls 69 pc at Rs 134 cr

The healthcare major had logged a net profit of Rs 431 crore, which included an exceptional gain of Rs 306…

August 6, 2022 10:43 IST

IRB Q1 PAT soars 404% to Rs 363 cr

In a statement, the company said its Board has approved transfer of the Vadodara Kim hybrid annuity model (HAM) project…

August 6, 2022 08:19 IST

Srei lenders may explore possibility of selling accounts to ARCs

the lenders have earlier extended the deadline to submit resolution plans for the insolvent Srei firms by 10 days to…

August 6, 2022 08:14 IST

Raymond reports Q1 net profit at `82 crore

Raymond reports Q1 net profit at Rs. 82 crore

The company’s expenses on manufacturing and operating (stores & spares consumed, power & fuel, job work charges etc.) increased to…

Updated: August 6, 2022 08:00 IST

Paytm Q1 revenue sees an 89% jump

Y-o-Y to `726 crore, leading to an increase in contribution margin to 43% of revenues in comparison to 35% in…

August 6, 2022 07:41 IST

Flipkart Wholesale to have an omni-channel approach

Koteshwar LN, business head, Flipkart Wholesale, told FE that the company is evaluating several models for expansions, which currently has…

Updated: August 6, 2022 07:31 IST

Paytm Q1 net loss widens to Rs 644.4 crore

The gross merchandise value more than doubled to Rs 3 lakh crore in the June 2022 quarter from Rs 1.5…

August 5, 2022 22:16 IST

MapMyIndia net profit up 18 pct at Rs 24.2 crore in April-June

MapMyIndia chairman and managing director Rakesh Verma in a statement said that the company’s first quarter of financial year (FY)…

August 5, 2022 20:13 IST

Nykaa net profit rises 42 pc to Rs 5 crore in April-June

The GMV of Nykaa’s beauty and personal care segment grew by 39 per cent on a year-on-year basis to Rs…

August 5, 2022 19:38 IST

However, a few cracks have begun to emerge, analysts at Kotak Institutional Equities said.

IT revenue growth may lose pace

The margins have also taken a hit at most of these companies due to costs related to backfilling attrition, fresher…

August 5, 2022 05:30 IST

In FY22, order booking of Tata Projects stood at Rs 14,800 crore (Rs 8,860 crore in the previous year), resulting in a total order backlog of Rs 44,997 crore.

Infrastructure, capital goods firms’ order book positions soar

The same was the case for engineering, procurement and construction major KEC International’s order book position (including lowest bidder status)…

August 5, 2022 04:10 IST

Looking to make the most of customers' appetite for an extended getaway, travel companies are offering a range of holiday packages and handsome offers on flight and hotel bookings.

Travel companies line up offers to cash in on long weekend

Yatra.com is providing discounts of up to 25% across flight and hotel bookings. ixigo is offering discounts of 15% and…

August 5, 2022 03:20 IST

The company said adjusted operating profit came in at a record high of $561 million as against $555 million a year ago.

Novelis’ strong showing powers Hindalco surge

The company has guided that its capital expenditure in 2022-23 will be around $1.3-1.6 billion including maintenance capex of $300…

August 5, 2022 00:10 IST

Related News

Is the Eiffel Tower really being demolished in 2026? Here’s the truth behind the viral claim

Aadhaar Card update October 2025: Here’s how to change name, address, date of birth and phone number online in simple steps

Nobel Peace Prize 2025 Live Updates: Trump reacts after Nobel Peace Prize snub, says winner, Maria Corina Machado, accepted award ‘in his honour’

Who is Alexandr Wang? The 28-year-old hired by Mark Zuckerberg for $14 billion to head Meta’s Superintelligence Labs

H-1B Fears Ease as USC Sees Record Indian Enrolments, Dean Says

Indian students enrollment at record high says USC dean, explains H-1B benefits despite fees

Indifferent no more, India Inc rethinks Diwali gifting

Lifestyle5 hr ago

A survey by Almonds AI found that 73% of corporate employees are unhappy with their Diwali gifts. In response, companies are adopting personalized and inclusive gifting options, like AdvantageClub.ai’s ‘My Gift, My Choice’ campaign. This trend is seen in various industries, with a focus on sustainability and social responsibility.

View all shorts