Industry

Petronet LNG profit rises 22% to Rs 636 crore

Revenue in the fiscal increased 75% y-o-y to Rs 8,666.4 crore while expenses — mostly cost of buying gas — increased by 83.7% to Rs 7,815.3 crore in the same period.

Future Retail Q1 loss widens to Rs 1,147 crore

The Kishore Biyani-led Future Group firm said it has entered into debt restructuring of the existing financial debt of the company under an RBI announced resolution framework for COVID-19 related stre

Future Retail Q1 loss widens to Rs 1,147 crore

PC Jeweller Q1 loss narrows to Rs 66 cr

The company had posted a net loss of Rs 73.55 crore for the same period of the previous fiscal year, according to a BSE filing.

Net income rose to Rs 261.74 crore in April-June 2021-22 from Rs 87.02 crore in the year-ago period.

Apparel exports to major markets increasing at healthy pace: AEPC

Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said apparel exports are picking up in every western market.

Xiaomi prematurely confirms the Redmi 10, and it looks very promising

It’s safe to assume that Xiaomi will launch the Redmi 10 in India sooner rather than later.

Should the Redmi 10 be priced in the same way, it’s going to inadvertently end up being a lot of phone for a lot less money.

EXCLUSIVE: Shift to hybrid model a strategic business opportunity for every organisation, says Microsoft

Financial Express Online's Bulbul Dhawan had an exclusive interaction with Geeta Gurnani, Country Head, Modern Work, Microsoft India to understand how the tech giant was looking at the future of work.

NTPC invites EOI to set up pilot project on hydrogen blending with natural gas

NTPC with its ambition of playing a key role in India's transition to hydrogen economy would later take this up at a commercial scale across India.

ONGC net soars 800% in Q1

ONGC's own gas production was down 5.3 per cent at 5.1 billion cubic metres while that of joint venture fields was up by a third to 0.2 billion cubic metres.

Allcargo Logistics net grows over 3-folds to Rs 106 cr in June quarter

The contract logistics business, which is under ACCI, in which Allcargo owns around 61 per cent stake, continues to demonstrate resilience with revenue and profit showing significant growth in the qua

Happy Independence Day 2021: How you can download WhatsApp stickers & wish your loved ones

Happy Independence Day 2021 Wishes, 15th August Messages, Quotes, Images: While the moderate faction of Congress revealed the cruel face of the so called 'British Civilisation' by their economic criti

Real estate: From shelter to sustainable development

Wellness, community living and sustainability will be the key components for new smart homes post-Covid.

INTERVIEW: Covid-19 has shifted focus from materialistic to experiential attainment, says Aditya Kilachand, founder and CEO, Avas Wellness

Speaking to Rishi Ranjan Kala, he pointed out that the project aims to merge traditional and modern concepts of holistic living that are customised to reflect individual tastes and preferences.

India can be global leader in future tech: Tata Sons Chairman N Chandrasekaran

Drawing a parallel with how China grew itself from a 1.2 trillion economy to a 6 trillion economy, registering a six times growth in a matter of 10 years between 2000 and 2010, he said, this was throu

Muthoot Finance expects gold loan business to drive bottom line in Q2

“We should be seeing growth in the non-gold business only from the third quarter. Vehicle finance and home loan sector has not picked up so far and is still in difficulty,”George Alexander Muthoot

Videocon resolution: Supreme Court refuses to vacate NCLAT stay on Vedanta takeover bid

Apex court directs appellate tribunal to decide the matter on Sept 7

A bench led by Justice LN Rao asked Vedanta Group's arm, Twin Star Technologies, the successful resolution applicant, to go back to NCLAT, which will finally decide the matter on September 7, the scheduled date for hearing.

“Will continue providing superior services”: Vodafone Idea CEO Ravinder Takkar reaches out to customers

Takkar thanked the users for their continued support as the company approaches the first anniversary of “Vi” branding. “Vi came with a promise of a better tomorrow, bringing the best in technolo

He further said during the lockdown, the company’s service teams truly embodied the mantra - Stay Home, Stay Safe. “We introduced digital services through WhatsApp and Google messaging so that you could connect with us at any time from the safety of your home,” he added.

Cotton Association of India lowers output estimates for current season

The total supply estimated by the CAI during the period from October 2020 to July 2021 is 482.61 lakh bales. This consists of arrivals of 348.61 lakh bales, imports of 9 lakh bales and the opening sto

The industry body has maintained its crop estimate for the northern zone at the same level as in its previous month’s estimate of 65.50 lakh bales. The estimate for the central zone has been reduced by 0.50 lakh bales to 193.50 lakh bales.

Puravankara posts net profit of Rs 155 crore in Q1FY22

The real estate developer’s consolidated revenue rose multi-fold to Rs 542 crore in Q1 FY22 against Rs 191 crore in Q1 FY20. Ebitda stood at Rs 386 crore in Q1 FY22 with margins of 71%.

Due to the adverse impact of the second wave of Covid-19 infections and the resultant disruptions, Puravankara’s sales value was lower at Rs 314 crore in Q1 FY22 compared to Rs 398 crore in the quarter ended June 30, 2020.

Power Grid Corp to enter smart meter business as govt plans to install 25 crore smart pre-paid meters

As FE recently reported, a sum of Rs 22,500 crore has been earmarked as the central government grant for the installation of 25 crore smart prepaid meters across the country under the Rs 3-lakh-crore

PGCIL has recently approved a proposal to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services (EESL), which is its joint venture company along with NTPC, PFC and REC.

Transporters’ strike holds up operations at Alang ship recycling yard in Gujarat’s Bhavnagar

In the wake of increasing fuel prices, transporters have demanded a hike in transport charges by at least 10%. They have also demanded that the loading charges of Rs 100 per tonne, which are borne by

In the wake of increasing fuel prices, transporters have demanded a hike in transport charges by at least 10%. They have also demanded that the loading charges of Rs 100 per tonne, which are borne by transporters, be waived.

Bharti Airtel concludes spectrum trading deal with Reliance Jio

The 800 MHz spectrum sold by Bharti had come to it when it acquired Tata Teleservices wireless business. Bharti had sold 3.75 MHz in Andhra Pradesh, 1.25 MHz in Delhi, and 2.50 MHz in Mumbai.

This was the first spectrum trading deal between the top two mobile operators of the country.

Godrej Industries Q1 profit at Rs 186 crore

Revenue from operations was at Rs 2,890.49 crore during the quarter. It was Rs 1,980.06 crore in the corresponding quarter last fiscal year.

GPCL

Lenovo scales up PC manufacturing capacity in India to 2 million units a year

Total revenue for all Lenovo Group businesses in India was approximately USD 462 million for the quarter ended June 30, 2021, representing year-on-year growth of 31.3 per cent.

The Legion 7i offers up to eight hours of battery life with 80WHr battery and integrates smarter power features such as Hybrid Mode under the Lenovo Vantage Control.

SpiceJet Q1 net loss widens to Rs 729 crore

The airline's operating revenue stood at Rs 1,266 crore in the first quarter of 2021-22, higher than Rs 705 crore reported in the year-ago period, it said in a statement.

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