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Amritha Pillay writes on conglomerates in the industrials and energy space.
Amritha Pillay writes on conglomerates in the industrials and energy space.
Earnings before interest, tax, depreciation, and amortisation was at Rs 86 crore - a hit of 41 per cent
Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.
Analysts estimate net profit to come down in 1st quarter
The company's net profit at Rs 303.14 crore for the quarter under review, was 79 per cent lower than the net profit of Rs 1,472.58 crore reported last year
By March, Rs 50,500 cr debt to be pared; resolution for Rs 6,650 cr to continue beyond FY21
Naik takes 24% cut; company to take up Rs 4,500 cr fundraising at AGM
While the group's debt resolution amount has been revised upwards, the timeline has seen a delay partly due to Covid-19, with an Italian bidder backing out of a road asset sale deal
The fourth of the five-part series looks at how demand is returning to near normal levels
With brand-customer engagements restricted to an online-only universe, advertisers look at ways to wield the double-edged digital sword
"Ambani's comment on the deal is a message to Aramco - RIL is no longer desperate for the deal," said an analyst who did not wish to be identified
Tata Power board approves setting up of renewables InvIT
Performance venues, museums, and artists don the digital greasepaint, look for new identities, patrons and business models for a post-pandemic future
Discoms start campaign to educate about provisional bills, urge self meter reading
Encashment of bank guarantees, non-payment of maintenance costs and lower estimation of revenue and expenditure are some issues raised by road developers
Maharashtra is one of the five states that procure power from Tata Power's Mundra ultra mega power plant in Gujarat.
The acquisition is part of a project win, which Sterlite bagged through competitive bidding
Many firms are now hiring local labour.
During lockdown, advertisements are targeting women as decision makers of the household, but brands need to be cautious about the tone and narrative, say experts
In February, JSW Energy said it would acquire GMR's Kamalanga power project (1,050 Mw) in Odisha for Rs 5,321 crore.
The privatisation of distribution in Union Territories is a positive move by the government, says Prashant Jain, joint MD & CEO of JSW Energy