Indoco Remedies Q1FY24 profit dips 36.8% to Rs 24.39 crore, revenue up 5.5% Indoco Remedies posted revenue from operations at Rs 416.81 crore, up 5.5 per cent in comparison to Rs 395.21 crore… By Tanya KrishnaJuly 25, 2023 12:07 IST
Tata Steel Q1 profit dips 91.8%; aims at 2x capacity growth in India by 2030 Tata Steel is working towards scaling up to capitalise on the “India growth opportunity” and is putting in investments to… By Tanya KrishnaJuly 25, 2023 10:49 IST
Shoppers Stop Q1 profit down 36.5% at Rs 14.49 crore; posts ATV growth of 8% Shoppers Stop posted revenue from operations at Rs 993.61 crore, up 4.8 per cent as against Rs 948.44 crore in… By Tanya KrishnaJuly 25, 2023 09:58 IST
Tata Steel Q1 profit falls 92% on Europe hit But still beats estimates By Rajesh KurupJuly 25, 2023 05:15 IST
Cognizant signs $800-mn deal with Gilead Sciences The announcements should help bring cheer to the IT Services sector, which is grappling with weakening demand as clients defer… By Sameer Ranjan BakshiJuly 25, 2023 05:00 IST
Poonawalla Fincorp profit surges 62% y-o-y Poonawalla’s direct digital programme’s contribution to disbursements increased to 86% in Q1FY24 as compared with 81% in Q4FY23. By Geeta NairJuly 25, 2023 02:30 IST
Cotton industry to see revival in FY24 According to a CareEdge report, the Indian cotton yarn industry is likely to register a sales volume growth of 5-7%,… By Abhinay KumarJuly 25, 2023 01:45 IST
NARCL acquires Rs 21,349-cr toxic assets, far cry from target Jaypee Infratech among 3 indebted firms acquired by the ‘bad bank’ By Prasanta SahuJuly 25, 2023 01:30 IST
JSW Steel looks at iron ore, coal mines, brownfield expansions priority The company will bid for iron ore mines, whenever opportunities arise, and that adds value and strategically fits with its… By Rajesh KurupJuly 25, 2023 01:00 IST
Local equipment sourcing by private firms to increase in next few years, telecom secy While the DoT was implementing the telecom reform package, the focus was shifting to promote domestic manufacturing of telecom and… By Jatin GroverJuly 25, 2023 00:45 IST
Retail shareholders in Adani firms fall by 1.57% in June quarter On the contrary, the number of retail investors in Adani Total Gas or ATGL went up by 179,961, followed by… By Rajesh KurupJuly 25, 2023 00:15 IST
RIL to acquire 33.33% in Brookfield Infrastructure and Digital Realty JV for data center projects in India Digital Realty has a joint venture with Brookfield Infrastructure. RIL will become an equal partner in the JV, which will… By FE BusinessJuly 24, 2023 21:33 IST
OfficeBanao appoints Akhilesh Agarwal as its new head of finance In his new role and the head of finance, Akhilesh Agarwal will work towards driving the company’s financial growth by… By FE BusinessJuly 24, 2023 20:43 IST
All industrial licences issued under IDR Act will be valid for 15 yrs It added that applicants should meet certain conditions at the time of applying for extension. By PTIJuly 24, 2023 20:38 IST
Mahindra Logistics posts net loss of Rs 8.30 crore in Q1FY24, revenue up 7.8% Mahindra Logistics posted revenue from operations at Rs 1,293.22 crore, up 7.8 per cent in comparison to Rs 1,199.90 crore… By Tanya KrishnaJuly 24, 2023 16:40 IST
ITC approves demerger of hotel business, to incorporate ITC Hotels Ltd The company will hold a stake of about 40 per cent in the new entity and the balance shareholding of… By Tanya KrishnaJuly 24, 2023 16:17 IST
HDFC AMC Q1 profit rises 26.9% to Rs 477.41 crore, revenue up 6.2% HDFC AMC posted revenue from operations at Rs 574.54 crore, up 6.2 per cent on-year in comparison to Rs 540.95… By Tanya KrishnaJuly 24, 2023 14:52 IST
Paints, coatings industry to touch Rs 1 lakh-crore in five years: Akzo Nobel India In its latest annual report, the company said the present size of the paints and coatings industry is around Rs… By Mithun DasguptaUpdated: July 24, 2023 15:01 IST
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