Fri, Nov 15, 2024
Nazara Technologies Q2 Results: Homegrown gaming and sports media company Nazara Technologies reported 33 per cent drop in its net profit for the July-September period (Q2 FY25).
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Thu, Nov 14, 2024
Global Health Q2 Results: Global Health, which operates hospitals under the Medanta brand, on Thursday said its profit after tax increased 5 per cent to Rs 131 crore in the September 2024 quarter.
Glenmark Pharmaceuticals Ltd on Thursday reported a consolidated profit after tax of Rs 354.49 crore in the second quarter ended on September 30, 2024.
Tue, Jan 17, 2023
The New York Post reported that Goldman Sachs' CEO David Solomon "e-mailed calendar invites that called targeted employees to phony 'business meetings' at its New York headquarters" last week.
Wed, Jan 11, 2023
The acquisition included the entire land and buildings; vehicle manufacturing plant along with machinery and equipment and transfer of all eligible employees of FIPL's vehicle manufacturing operations at Sanand.
The Department of Investment and Public Asset Management (DIPAM), which manages government holding in state-owned enterprises, had in October invited bids for selling 30.48 per cent stake in IDBI Bank, along with 30.24 per cent stake of LIC.
Tue, Jan 10, 2023
Directing the capital markets regulator to provide such documents, the tribunal said that denial of the documents sought for by the respondent (Sebi) was in "gross violation of the principles of natural justice".
Mon, Jan 09, 2023
Angel investors, including Bollywood actress Shilpa Shetty, stand to make a killing in the forthcoming IPO of Mamaearth as the company is being valued at Rs 24,000 crore.
Sun, Jan 08, 2023
Currently, the government and the Life Insurance Corporation (LIC) hold 94.71 per cent in the lender. The successful bidder will have to make an open offer for acquisition of 5.28 per cent of public shareholding.
Sat, Jan 07, 2023
According to PTI sources, the Ahmedabad-based Torrent Group is offering to pay the entire bid amount of Rs 8,640 crore as upfront cash while maintaining the Net Present Value (NPV) of Rs 8,640 crore quoted during the auction.
Wed, Jan 04, 2023
"The new capacities will go on stream over the next couple of years to meet the growing demand in an economy that is poised to remain as the fastest growing for the next few years," ATMA said in a statement.
Thu, Dec 29, 2022
The IPO comprises a fresh issue of equity shares aggregating to up to Rs 200 crore, and an OFS aggregating to up to Rs 800 crore by its promoters and promoter group shareholders, according to its DRHP.
The Board of Directors of Eicher Motors Ltd at its meeting held on Thursday "approved an investment of euro 50 million for a close to 10.35 per cent equity stake in Stark Future", the company said in a statement.
Wed, Dec 28, 2022
While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans to charge a premium rate for 5G services as it has not worked in several countries that tried to do so.
Sun, Dec 25, 2022
In May, Vasudevan had expressed his desire to move on after the process of identifying a successor was complete and had agreed to the suggestion of Chairman Arun Ramanathan to defer tendering his resignation till then.
Sat, Dec 24, 2022
India produced 113.43 million tonne of crude steel in January-November 2022, which is 10 per cent higher compared to the year-ago period. The government aims to double the country's annual crude steel making capacity to 300 MT from 150 MT at present.
A two-member bench said after examining the materials and considering the arguments, it was of opinion that the "appellants had already admitted in the leniency application regarding their involvement in the cartelisation".
Tue, Dec 20, 2022
The IPO comprises fresh issue of shares worth up to Rs 60 crore and an offer for sale (OFS) of 33,125,000 shares by promoter David Devasahayam and private equity firm Ascent Capital Advisors India.
Sat, Dec 17, 2022
The agreement for the deal is expected to be signed during the first week of January 2023 and the transaction is expected to complete around the same time.
Tue, Dec 13, 2022
The pacts were signed at the Vedanta-Avanstrate Business Partners Summit 2022 held last week at Tokyo, Japan. The summit was attended by more than 200 delegates from over 100 global companies.
Mon, Dec 12, 2022
In a regulatory filing, Tata Motors said the IPO Committee of the company, which met on December 12, 2022 has accorded its in-principle approval for such a step.
The regulator in its order in January, 2020, levied a total fine of Rs 10.3 crore on JCL, while its directors and chairman Sandeep Jindal faces a fine of Rs 20 lakh, Rajinder Jindal and Yash Paul Jindal face a fine of Rs 10 lakh each.
Revenue growth of the FMCG sector will be muted at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the last, while volume growth will be just about 1-2 per cent, down from 2.5 per cent last fiscal, Crisil said in a report on Monday.
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