Page 21 - Amritha Pillay

UltraTech Q1 profit after tax surges 7% on back of higher volumes

In Friday's trade, UltraTech's shares closed at Rs 8126.50 per share, down 1.18 percent on the BSE

Dalmia Cement Q1 profit after tax down 29.6% due to higher expenses

The company met street expectations on revenue but missed the profit guidance

Global industrial firm ABB anticipates low revenue growth for current qtr

ABB also reported a sluggish growth in order intake for Q1FY24, at $ 8,667 million, up 2 per cent in comparable terms

Adani's Dharavi dream: Producing millionaires minus slumdog prefix

Adani in his note also linked the bid prices to the huge personal connect it offered

Strong Q1 likely for capital goods firms with low costs, healthy execution

For companies, such as BHEL, the street will also watch out for further clarity on the non-power segment

L&T CFO, CEO took double-digit remuneration cuts in FY23: Annual report

In comparison, the median remuneration for all employees rose by 3.06%; average increase in pay for non-managerial employees was 7.72%

Debt for firm will rise, but so will Ebitda: JSW Energy's joint MD & CEO

'Sometimes there are difficulties in terms of the right of way, land acquisition, etc'

Tata Steel to explore opportunities in lithium, other battery-minerals

The Tata Group, in June, also signed a deal with the Gujarat state government for setting-up a lithium-ion cell factory with an investment of about Rs 13,000 crore

JSW Energy Q1 net profit down 48%, revenue declines 3% to Rs 2,927 cr

JSW Energy said short-term sales were lower in the quarter under review due to an unfavourable base effect from the last financial year

Open to wind, solar modes for future projects: Prashant Jain, JSW Energy

JSW Energy's joint MD and CEO Prashant Jain speaks about the company's growth opportunities

BPCL to consider buying 36.62% Oman firm stake in Bharat Oman Refineries

Proposes to merger Bharat Gas Resources with itself

Oil marketing companies continue to hold petrol and diesel price hike

The rise in crude oil prices may dent marketing margins if not passed on, however, some say OMCs may have a cushion to absorb

Throughput at IOC refineries rises to 100% in Nov on growing demand

Demand for petrol is now higher than last year, while demand for diesel continues to lag behind

Kalpataru Power drops plan for new Mumbai office, cites 'investor feedback'

KPTL had said the plans for the new office in Santa Cruz involved purchasing land for Rs 207 crore

ICE launches WIM LNG futures contracts, to reflect cargoes at Indian ports

ICE is an operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services

L&T wins orders for supply of mining equipment to coal, cement sectors

S N Subrahmanyan, managing director and chief executive officer of L&T, said, these orders are a strong indication of the revival taking place in the mining industry

ONGC Videsh makes fourth commercial oil find in its Colombian block

OVL is the operator in the block with a 70 per cent stake, along with its partner Geopark

Tata Power fully repays Mundra unit's bank loans worth Rs 4,150 cr

Mundra unit's long term debt now stands at Rs 3,790 crore and comprises bonds and debentures

RIL profit slips 15% to Rs 9,567 crore as Covid-19 hits oil business

Revenue in line with estimates; profits beat expectations partly due to lower taxes; Ebitda for refining biz declines 21.4% QoQ

Govt hikes ethanol procurement price by Rs 1.95, nudges mills to blending

For the 2019-20 sugar season, government had fixed a target of producing 2.60 billion litres of ethanol.