Companies
Govt-owned Insurers Go For Organisational Rejig, Look For Consultants
Banking - Published date: .
Four general insurers have decided to restructure the organisation towards profitable growth and have called for Request... Read more
Adani Wilmar Acquires Kohinoor Rice Brand In India To Strengthen Position
Banking - Published date: .
The acquisition of Kohinoor rice brand by Adani Wilmar will fuel the next level of growth for Adani Wilmar and widen the... Read more
Zepto Raises $200 Mn To Expand Its 10-minute Grocery Delivery Across India
Banking - Published date: .
The firm, which was launched 9 months back by two 19-year-old Stanford dropouts, has raised $200 million Series D fundra... Read more
2 SpiceJet Flyers In ICU; DGCA Starts Inspection Of Entire Aircraft Fleet
Banking - Published date: .
On Sunday, the Mumbai-Durgapur flight encountered a severe turbulence during its descent phase, injuring 14 passengers a... Read more
Britannia Industries Net Profit Up 4.3%, But Margins Under Pressure
Banking - Published date: .
The cost of raw material consumed in the quarter was up 21.3 per cent to Rs 1,858.7 crore Read more
Adani Wilmar Net Profit Declines 26% To Rs 219.2 Crore In March Quarter
Banking - Published date: .
Its food and FMCG portfolio stood at 0.64 MT in FY22, compared with 0.47 MT in FY21, registering a growth of 34 per cent Read more
Britannia To Take Calibrated Price Hikes To Manage Profitability, Says MD
Banking - Published date: .
According to the company, the economy was impacted by global geo-political factors which caused a further surge in infla... Read more
Voltas Signs JV Pact With Highly International To Manufacture Compressors
Banking - Published date: .
The Tata group firm has executed the joint venture agreement on April 30, 2022 with Hong Kong-based Highly International Read more
Edelweiss Housing Finance Raises Rs 276 Cr Through A Public Issue Of Bonds
Banking - Published date: .
The issue met a significant demand from the retail segment, with total collections of Rs 173.93 crore. The issue also sa... Read more
Alembic Pharma Posts Q4 Net Of Rs 35 Cr As India And US Businesses Grow
Banking - Published date: .
During the quarter, Alembic Pharma's US portfolio strengthened with the acquisition of the balance 40 per cent stake in ... Read more
Vedanta Aluminium Says Will Source 380 MW Green Power For Smelters
Banking - Published date: .
Vedanta Aluminium on Monday announced it will source 380 MW of green power on a long-term basis for its smelters. Once ... Read more
Marelli Holdings Pushes Back Decision On Sponsor After Talks Stall
Banking - Published date: .
The company, a key supplier for automakers Nissan Motor Co. and Stellantis NV, is now seeking to select a sponsor and fi... Read more
Reliance Industries Inks Pact For $2-bn UAE Deal; In Talks With ADNOC
Banking - Published date: .
RIL derives over 60 per cent of its revenue and nearly 55 per cent of its operating profit from its oil-to-chemicals (O2... Read more
Arvind Uppal New Eureka Forbes Chairman; Shapoorji Mistry Leaves Board
Banking - Published date: .
Shapoorji Pallonji Mistry and six other directors have resigned from the board of Eureka Forbes, with the new owner Luno... Read more
PepsiCo Reports Double-digit Revenue Growth For Jan-Mar Quarter In India
Banking - Published date: .
While on the volume side, the company has reported a "high-single-digit growth" for the Indian market for the convenient... Read more
Rainbow Medicare Raises Rs 470 Cr From Anchor Investors Ahead Of IPO
Banking - Published date: .
Close to 8.7 million shares were alloted to 36 institutional investors at Rs 542 per share, the upper end of the price b... Read more
Gateway Distriparks' Q4 Profit After Tax Jumps 84% To Rs 85.5 Crore
Banking - Published date: .
The company had posted a profit of Rs 46.38 crore in the March quarter of FY21, it said in a statement Read more
Shareholders, Creditors Approve Jindal Stainless Steel-JSHL Merger
Banking - Published date: .
Having a total melting capacity of 0.8 million tonne per annum (MTPA), the Hisar-based JSHL is the largest specialty sta... Read more
Wipro Announces Acquisition Of Global SAP Firm Rizing For $540 Mn
Banking - Published date: .
The deal, which is expected to close by June 30, will strengthen acquirer's capabilities in large SAP transformative eng... Read more
Chennai-based Prodapt To Double UK Exposure With £50 Mn Tech Investment
Banking - Published date: .
Aims to create over 500 jobs, had set up new office in London earlier this year Read more
