Achieved 5G rollout obligations in all circles, ready for testing: Reliance Jio tells Government Mukesh Ambani-led Reliance Jio has sent out a communication to the Telecom Department (DoT) term cell informing them about rollouts… By PTIUpdated: August 3, 2023 16:32 IST
Zomato clocks positive earnings for the first time: Q1 profit at Rs 2 crore, revenue up 70.9% Zomato recorded a revenue from operations at Rs 2,416 crore, up 70.9 per cent in comparison to Rs 1,414 crore… By Tanya KrishnaAugust 3, 2023 15:36 IST
Dabur Q1 results: Profit up 3.5% at Rs 456.61 core, revenue rises by 10.9% on-year Dabur posted revenue from operations at Rs 3,130.47 crore, up 10.9 per cent in comparison to Rs 2,822.43 crore during… By Tanya KrishnaAugust 3, 2023 14:40 IST
STL bags deal for building and maintaining data centres for public sector entity worth Rs 250 crore STL’s technology-led Data Centre connectivity and management solution is custom designed to create intelligent and automated systems to run, monitor… By FE BusinessAugust 3, 2023 14:30 IST
Government imposes import restrictions on laptops, tablets The Directorate General of Foreign Trade (DGFT) in a notification said that exemption from import licensing is provided for up… By PTIUpdated: August 3, 2023 14:27 IST
Adani Group to invest in SIL to expand its Sanghipuram captive port capacity to handle larger vessel sizes, says Karan Adani Sanghi Industries runs an integrated unit at Sanghipuram in Gujarat’s Kutch district, which has a clinker capacity of 6.6 million… By Tanya KrishnaAugust 3, 2023 13:17 IST
HPCL posts Q1 profit at Rs 6,765.50 crore on high sales volume, better marketing margin HPCL posted a total income of Rs 1,19,761.74 crore, down 1.7 per cent in comparison to Rs 1,21,829.51 crore during… By Tanya KrishnaAugust 3, 2023 12:17 IST
Nelcast Q1 profit down 7.6% to Rs 7.18 crore, revenue down 0.8% on slowdown in tractor segment Nelcast posted revenue from operations at Rs 292.77 crore, down 0.8 per cent as against Rs 295.25 crore during Q1FY23. By Tanya KrishnaAugust 3, 2023 10:59 IST
Adani-backed Ambuja Cements buys stake in Sanghi Industries for $604 million The deal is the billionaire Gautam Adani-led conglomerate’s first major acquisition this year after a report by short-seller Hindenburg Research… By FE BusinessUpdated: August 3, 2023 12:56 IST
Indian Overseas Bank net profit jumps 28 per cent to Rs 500 crore on healthy loan growth, interest income Total income of the Chennai-based bank rose to Rs 6,227 crore as against Rs 5,028 crore a year ago, led… By PTIUpdated: August 3, 2023 08:21 IST
Strides Pharma approves merger with its arm Vivimed Life Sciences, reports highest-ever EBITDA in Q1 Strides Pharma reported highest-ever EBITDA of Rs 168.6 crore in Q1FY24 from Rs 65.7 crore clocked in Q1FY23 driven by… By Sumana SarkarAugust 3, 2023 08:10 IST
SKF India to invest in upskilling employees, targets decarbonising operations by 2030 SKF India’s profit after deducting Income Tax Expense has come in at Rs 154.53 crore, up 26 percent from Rs… By FE BusinessAugust 3, 2023 07:50 IST
Titan Company Q1 profit down 4.3% at Rs 756 crore, misses estimates; jewellery biz top performer Titan Company posted revenue from operations at Rs 11,897 crore, up 26 per cent as against Rs 9,443 crore during… By Tanya KrishnaAugust 3, 2023 07:20 IST
VIP Industries Q1 profit down 16.4% at Rs 57.75 crore, revenue up 7.7% VIP Industries posted revenue from operations at Rs 636.13 crore, up 7.7 per cent as against Rs 590.61 crore during… By Tanya KrishnaAugust 3, 2023 06:46 IST
Cabinet secretary Rajiv Gauba to review PLI schemes on Thursday The Cabinet note with proposals for extending the scheme to parts of new-age bicycles, leather, footwear, and toys have already… By Mukesh JagotaAugust 3, 2023 05:30 IST
Reliance Retail almost twice the value of O2C: Bernstein The brokerage projects a valuation of $112 billion for its retail business, almost double the $57 billion valuation of its… By FE BureauAugust 3, 2023 05:15 IST
Shell, TERI outline path for India’s net zero emissions Energy lies at the heart of India’s development aspirations. By Manish GuptaAugust 3, 2023 05:00 IST
E-commerce Policy To Be Announced in Coming Weeks: CAIT The government is close to finalising the National E-commerce Policy and rules that could be announced in coming weeks, Secretary… By FE BureauAugust 3, 2023 04:45 IST
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