Headcount falling, but employee cost rising at top four IT firms While their revenues grew 6.32%, year-on-year (y-o-y), the employee cost in the same period rose by 9.4%, data sourced from… By Sameer Ranjan BakshiOctober 25, 2023 01:30 IST
NMDC Steel strategic sale deferred, financial bids unlikely before Lok Sabha polls NMDC has already invested around Rs 22,000 crore in the new plant, with almost nil implementation risk. By Prasanta SahuOctober 25, 2023 01:00 IST
Drools doubles down on premium pet foods segment The journey has been satisfactory so far as Drools has a market share of 38% in terms of volume and… By Anees HussainOctober 25, 2023 00:45 IST
Finolex Industries’ capacity expansion in the pipeline The company’s fittings capacity is at 48,000 tonne, of which 12,000 tonne is in-house and the rest was outsourced to… By Geeta NairOctober 25, 2023 00:05 IST
Asics India FY23 profit rises 37.7 pc to Rs 55.1 crore ASICS India is a subsidiary of Asics Corporation, Japan, and is engaged in the trading of footwear, apparel and accessories. By PTIOctober 24, 2023 22:11 IST
Hindujas can’t extinguish ESOPs, other incentive schemes of RCap arm: Legal view RGICL had sought a legal view on Hinduja’s plan to extinguish ESOPs of RCap’s subsidiary. By Rajesh KurupUpdated: October 24, 2023 21:21 IST
Real estate sector Q2 Performance: Record presales in Q2, new launches to fuel momentum in Q3 Within micro-markets, consolidation story is expected to continue in the top six cities with strong volume-driven growth in Bengaluru, MMR… By FE BusinessOctober 24, 2023 15:36 IST
Barclays hints at big cost cuts even as third-quarter profit pips forecasts The British lender reported pretax profit for the period of 1.9 billion pounds ($2.33 billion) on Tuesday, down from 2… By ReutersOctober 24, 2023 13:26 IST
How e-commerce discounts during festive season impact brand profitability During the festive season, e-commerce brands buzz with a plethora of discounted products. From electronics to fashion, home decor to… By GuestOctober 24, 2023 12:37 IST
Navigating common pitfalls in e-commerce to ensure sustained growth The allure of expansion and global outreach carries its own set of risks that, if mishandled, could lead to critical… By GuestOctober 24, 2023 12:07 IST
Vedanta ‘Gharwapsi’: Ajay Goel rejoins Anil Agarwal’s Vedanta after resigning as Byju’s CFO “As part of Vedanta’s structured re-hiring program called ‘Gharwapsi’, Ajay Goel joins back the Company,” Vedanta said. By Tanya KrishnaOctober 24, 2023 11:12 IST
Torrent Pharmaceuticals posts Q2 profit at Rs 386 crore, aided by growth in India, globally Torrent Pharmaceuticals posted revenue from operations at Rs 2660 crore, up 16.1 per cent in comparison to Rs 2291 crore… By Tanya KrishnaOctober 24, 2023 10:17 IST
Asia bank margins to dip as rate hikes sink in, bad loans grow Asian banks have so far avoided negative earnings surprises — the report card from India’s HDFC Bank Ltd. was received… By BloombergOctober 24, 2023 09:38 IST
Operational environment remains challenging: BSNL The government expects the company to turn net profitable by 2026-27. By Jatin GroverOctober 24, 2023 04:00 IST
Small FMCG brands get bigger as inflation cools Volume growth of local brands at 18-19% versus large brands’ 10-11% between May-September By Viveat Susan PintoUpdated: October 24, 2023 06:36 IST
IIFL plans to increase co-lending book to Rs 15,000 crore by March In the September quarter, the non-bank lender has witnessed a sizeable growth in the microfinance and digital loan segment. By Ajay RamanathanOctober 24, 2023 02:15 IST
Retail loans to form over 90% of L&T Finance’s books by FY24 About Rs 3,000 crore to Rs 4,000 crore of wholesale loans will be sold to large lenders By Piyush ShuklaUpdated: October 30, 2023 19:10 IST
Size of India’s textile industry to double by 2030: Report The global apparel market was at around $ 1.7 trillion in 2022 and it is expected to grow at a… By Abhinay KumarOctober 24, 2023 01:45 IST
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