Page 243 of industry news

Lupin posts net loss of Rs 89 crore in Q1

On the compliance front, the company has now satisfactorily addressed issues at both Goa and Somerset plants.

August 4, 2022 21:23 IST

CSR: Industry calls for progressive capitalism, see benefits percolating down

Dr Bhaskar Chatterjee, the architect of mandatory CSR in India, expressed satisfaction at the change in mindset of corporate leadership…

August 4, 2022 20:20 IST

Blue Star Q1 net profit rises to Rs 74 crore

The company had posted a consolidated net profit of Rs 12.71 crore in the April-June quarter a year ago, Blue…

August 4, 2022 19:14 IST

Pet food category turns profitable for FMCG companies

Cannis Lupus under Fur Ball Story brand would focus on the fast-growing pet care segment with its Ayurvedic range of…

August 4, 2022 04:20 IST

We expect our gross sales to grow at a CAGR of ~40% in next few years: L&T Realty MD & CEO Shrikant Joshi

Today, most landowners need credible partner who has the wherewithal to deliver on customers’ expectations and L&T Realty is a…

August 4, 2022 02:30 IST

The packaged food maker has seen its losses narrow over the past years. It reported a loss of roughly Rs 43 crore and Rs 28 crore in FY20 and FY21, as per data from Tofler.

Bread to batter maker, iD food eyes Rs 600 crore revenue in FY23

At present iD has an operating margin of about 45-50%.

August 4, 2022 01:00 IST

Executive Centre FY22 revenue up 7 pc at Rs 289 cr; to invest Rs 50 cr on 4 new co-working centres

The demand for flexible workspace has increased of late as corporates look to optimise their capex across and mitigate risks.

August 3, 2022 16:32 IST

L&T inks pact with Gujarat govt to establish IT-ITeS Park

The park, being set up under the recently announced IT/ITeS policy of the state government, would create nearly 10,000 direct…

August 3, 2022 16:16 IST

Siemens Q3 net profit more than doubles to Rs 300 crore

Siemens Limited is a technology company focused on industry, infrastructure, transport and transmission and electricity generation.

August 3, 2022 16:04 IST

FMCG sector to return to double-digit growth this year: Nielsen

The volumes during the quarter, although negative, improved from –4.1% in January-March quarter to –0.7% in April-June, thus indicating consumption…

August 3, 2022 03:50 IST

Zomato targets Ebitda break-even by 2023

Zomato’s share price reacted positively to the good set of numbers and loss reduction projections.

August 3, 2022 03:40 IST

Thermax profits up 40% in Q1

On a standalone basis, Thermax posted a 23% fall in net profit and a 33% growth in revenue to Rs…

August 3, 2022 03:20 IST

Zomato transitioning to multiple CEO structure

Goyal is understood to have said that going forward, the combined larger organisation with Zomato, Blinkit, Hyperpure and Feeding India…

August 2, 2022 05:30 IST

Non-executive directors not liable in cheque bounce case: SC

The court was hearing an appeal against the HC’s order that refused to quash summons issued by a magistrate court…

August 2, 2022 03:20 IST

Zomato’s consolidated loss narrows to Rs 186 crore in Q1

The revenues of Zomato’s supplies platform Hyperpure grew 40% sequentially and over 260% y-o-y to Rs 270 crore in Q1FY23.

August 2, 2022 02:40 IST

Cement companies to register lowest operating margins in last 7 years despite volume gains, says Icra

The Icra’s latest report has analysed the demand-supply scenario and input costs pressure on operating margins in FY3 for cement…

August 1, 2022 17:53 IST

IIFL Home Finance aims to double affordable housing biz in next few years; opens 100 branches

“The ambitious expansion by IIFL HFL aligns with company’s focus on scaling up in 2022-23 and coming years. IIFL HFL…

August 1, 2022 16:35 IST

CIL’s coal output rises 11 pc in July

Coal India accounts for over 80 per cent of domestic coal production.

August 1, 2022 16:23 IST

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Indifferent no more, India Inc rethinks Diwali gifting

Lifestyle40 min 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.

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