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NTPC Q2 FY25 Results Preview: Maharatna PSU's profit likely to grow by one-fifth, margin may improve by 190 bps

NTPC Q2 FY25 Results Preview: Maharatna PSU's profit likely to grow by one-fifth, margin may improve by 190 bps

Wed, Oct 23, 2024

NTPC Q2 FY25 Results Preview: Maharatna public sector undertaking NTPC is all set to report its quarterly numbers on Thursday, October 24.

POWERGRID acquires Bhadla-III & Bikaner-III Transmission Ltd under TBCB

POWERGRID acquires Bhadla-III & Bikaner-III Transmission Ltd under TBCB

Tue, Sep 03, 2024

Power Grid Corporation of India Limited (POWERGRID)–a Maharatna CPSU under the Ministry of Power–has acquired Bhadla-III & Bikaner-III Transmission Limited, the Project Special Purpose Vehicle (SPV) for the Transmission System Project for System Strengthening for interconnections of Bhadla-III & Bikaner-III Complex on August 30, 2024.

Ami Organics buys shares worth Rs 42 crore, increases stake by 1%

Ami Organics buys shares worth Rs 42 crore, increases stake by 1%

Fri, Dec 29, 2023

Speciality chemicals maker Ami Organics Ltd on Friday said it has purchased shares worth Rs 42 crore and increased its stake in the company by almost 1 per cent.

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Blinkit's losses up over 8% to reach 1,078 crore in FY23, revenue surges 3X: Report

Blinkit's losses up over 8% to reach 1,078 crore in FY23, revenue surges 3X: Report

Thu, Oct 19, 2023

Zomato-owned quick delivery platform Blinkit saw its losses increase 8.2 per cent to reach Rs 1,078.9 crore in FY23 from Rs 996.7 crore in FY22, the media reported on Thursday.

South Indian Bank Q2 results: Profit rises 23% to Rs 275 crore

South Indian Bank Q2 results: Profit rises 23% to Rs 275 crore

Thu, Oct 19, 2023

South Indian Bank on Thursday reported a 23 per cent rise in net profit to Rs 275 crore for the September quarter as provisions for bad loans came down significantly.

World Bank debars HTC construction and Advanced Technology in fraud case

World Bank debars HTC construction and Advanced Technology in fraud case

Thu, Oct 19, 2023

The World Bank has taken a decisive step in debarring the HTC Construction and Advanced Technology Joint Stock Company, a Vietnam-based construction firm, for a period of 41 months.

Happiest Minds Q2 Results: Net profit falls marginally to Rs 58 crore

Happiest Minds Q2 Results: Net profit falls marginally to Rs 58 crore

Wed, Oct 18, 2023

Happiest Minds Technologies has reported a 1.6 per cent decline in net profit to Rs 58 crore for the September quarter.

Tata Metaliks Q2 Results: Profit grows three-fold to Rs 44 crore

Tata Metaliks Q2 Results: Profit grows three-fold to Rs 44 crore

Tue, Oct 17, 2023

Tata Metaliks Q2 results: A subsidiary of Tata Steel, Tata Metaliks has its plant in Kharagpur, West Bengal. It has two major product offerings – Pig Iron (PI) and Ductile Iron Pipe (DIP).

India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil

India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil

Fri, Oct 13, 2023

India Inc is all set to report an 8-10 per cent jump in revenues for the September quarter while profit margins will also witness an expansion, an arm of rating agency Crisil said on Friday.

HDFC Life logs Rs 376 crore PAT for Q2

HDFC Life logs Rs 376 crore PAT for Q2

Fri, Oct 13, 2023

Private life insurer HDFC Life Insurance Company Ltd closed the second quarter of FY24 with a higher premium income and net profit over previous year corresponding period.

Sony confirms data breach impacting thousands, personal data compromised

Sony confirms data breach impacting thousands, personal data compromised

Fri, Oct 06, 2023

Japanese electronic major Sony Interactive Entertainment (SIE) has sent notices to some current and former employees, warning that their personal information was compromised in a recent system breach.

BHEL pays Rs 88 crore final dividend to Government of India for FY23

BHEL pays Rs 88 crore final dividend to Government of India for FY23

Thu, Oct 05, 2023

State-owned engineering firm BHEL on Thursday said it has paid Rs 88 crore as final dividend to Government of India for fiscal year 2022-23.

EKI Energy Services picks up 26% stake in WOCE Solutions

EKI Energy Services picks up 26% stake in WOCE Solutions

Fri, Sep 29, 2023

EKI Energy Services Ltd on Friday said it has completed the acquisition of a 26 per cent stake in WOCE Solutions Private Limited (WOCE) for around Rs 80 lakh.

FMCG maker Emami acquires 26% stake in Axiom Ayurveda

FMCG maker Emami acquires 26% stake in Axiom Ayurveda

Thu, Sep 28, 2023

Homegrown FMCG maker Emami on Thursday announced the acquisition of a 26 per cent stake in Axiom Ayurveda, which markets beverage products under the brand 'AloFrut', for an undisclosed amount, paving its entry into the juices segment.

CDIL unveils new EV semiconductor packaging line in India, to make 600 mn units annually

CDIL unveils new EV semiconductor packaging line in India, to make 600 mn units annually

Thu, Sep 28, 2023

In a fillip to India's semiconductor journey, Continental Device India Private Limited (CDIL) on Thursday became the first Indian company to start production of Silicon Carbide devices for electric vehicles (EVs).

Amazon looking to tie-up with more banks for credit card offerings

Amazon looking to tie-up with more banks for credit card offerings

Wed, Sep 27, 2023

Global e-commerce giant Amazon is looking to tie-up with more banks for credit card offerings, as it sees high growth in the segment, a senior official said on Wednesday.

Tech company in Kerala trains its workforce in martial art form Kalaripayattu

Tech company in Kerala trains its workforce in martial art form Kalaripayattu

Tue, Sep 26, 2023

Breaking away from conventional approaches to employee wellness and growth, a tech company at Infopark here has introduced its workforce to the centuries-old martial art of Kalaripayattu.

Top South Korean firms, including Samsung, fare worse than US counterparts in H1 2023

Top South Korean firms, including Samsung, fare worse than US counterparts in H1 2023

Mon, Sep 25, 2023

South Korea's major companies, including Samsung, performed far worse than their US counterparts in the first half of 2023 due to the sluggish chip and energy sectors amid a global economic slowdown, a report showed on Monday.

Philips India FY23 revenue up 4.6% to Rs 5,734 crore, profit down 2%

Philips India FY23 revenue up 4.6% to Rs 5,734 crore, profit down 2%

Fri, Sep 22, 2023

Philips India has reported 4.6 per cent rise in revenue from operations at Rs 5,734 crore for FY23, though the profit after tax (PAT) was down 2.2 per cent to Rs 260 crore, according to financial data accessed by business intelligence platform Tofler.

Lupin inks pact to acquire 5 drug brands from Menarini for Rs 101 crore

Lupin inks pact to acquire 5 drug brands from Menarini for Rs 101 crore

Fri, Sep 22, 2023

Drug firm Lupin on Friday said it has inked a pact to acquire five drug brands from Italian firm Menarini for Rs 101 crore.

Sterlite Power acquires Beawar Transmission to develop power project in Rajasthan

Sterlite Power acquires Beawar Transmission to develop power project in Rajasthan

Fri, Sep 22, 2023

Sterlite Power on Friday said it has acquired Beawar Transmission Ltd for developing an electricity transmission project in Rajasthan.

Indian firm STL opens $56 mn optical solutions manufacturing facility in US

Indian firm STL opens $56 mn optical solutions manufacturing facility in US

Thu, Sep 21, 2023

Indian optical and digital solutions company STL (Sterlite Technologies Ltd) on Thursday opened a $56 million manufacturing facility in the US to drive the rural broadband build in the country.

Amazon launches multi-channel fulfilment for sellers, retailers in India

Amazon launches multi-channel fulfilment for sellers, retailers in India

Thu, Sep 21, 2023

Amazon on Thursday launched multi-channel fulfilment (MCF) for sellers including direct-to-consumer (D2C) brands, retailers and manufacturers in India.

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