Page 211 - Bs Reporter%c2%a0/workspace/business Standard Web/video

Online cosmetics retailer Nykaa's Q2 net more than doubles to Rs 5.2 cr

Revenue for the quarter was up 39% YoY to Rs 1,230.8 crore

Reliance Retail rolls out athleisure brand Xlerate on AJIO Business

The brand caters to requirements of sports and fitness enthusiasts

DCX Systems IPO receives 8.8 times subscription on second day of offer

The company has priced its IPO between Rs 197 to 207 per share

Bank of India launches special deposit scheme; raises interest on others

Apart from the special deposit scheme, Bank of India has raised interest rate on its existing 555-days fixed deposit scheme to 6.30 per cent

Cholamandalam Investment and Finance posts 7% dip in Q2 net profit

CIFC's total income increased by 22 per cent from Rs 2,481 crore during the second quarter of 2022-23 from Rs 3,038 crore during the same period last financial year

TVS Motor sales up by 2% in October, sells over 300,000 units

Domestic two-wheeler sales registered growth of 7 per cent increasing from 258,777 units in October 2021 to 275,934 units in October 2022

CAG declares results of online essay competition; V-P to give prizes

Harsh, a student of Hidayatullah National Law University, Raipur has won the first prize in an English essay competition organised by CAG

Tech Mahindra Q2 net down 4% YoY to Rs 1,285 cr on supply side pressure

Profit was up sequentially, however; Revenue rose 20.7% YoY and 3.3% QoQ, driven by growth in CME segment and the US market

Founding Fuel launches a paywall on select stories facilitated by Fewcents

The users will be allowed to make payments for a select set of individual stories instead of purchasing a bundle

Musk sets up A team to rejig Twitter, seeks to change verification process

According to a report from The Verge, he has asked employees to change Twitter Blue, a monthly subscription service costing $4.99 to a much more expensive new subscription

Bain Capital likely to sell stake in Axis Bank through a block deal

Media reports suggested and were conformed by some industry sources that Bain Capital will dilute a 1.24 per cent stake in the lender worth Rs 3350 crore

Strong retail interest sees DCX Systems IPO subscribed 2.19 times on day-1

Price band set at Rs 197-207 a share; retail portion sold 8.7x

RBI fines Vakrangee Rs 1.76 cr for violating order on ATM deployment goals

Central bank had first issued show-cause; latest action follows company's response to the notice

Deposit rates may rise 105 bps due to 190 bps repo rate hike: SBI report

CASA occupies a 45% share in overall bank deposits; it is FDs, which make the remaining 55%, which will need the rate adjustment

Tata Trusts CEO N Srinath retires, new chief to be announced soon

Srinath joined Tata Administrative Services in 1986 and led different Tata Companies in the ICT sector

Tata Power net profit jumps 94% in Sept quarter on strong energy demand

Sequentially, revenue declined 3.2 per cent. In the June quarter, the company reported revenue of Rs 14,495 crore and net profit of Rs 795 crore

Vedanta Q2 net profit falls 60% on higher expenses; revenue up 20%

Vedanta's oil and gas business also took a hit due to the windfall tax and lower crude prices in Q2, analysts said

Debate over Lakshmi-Ganesh on rupee: Can govt change look of banknotes?

In the case of coins, RBI's role is restricted only to the distribution of the coins

JSW Energy Q2 net up 37% to Rs 466 cr; Parth Jindal joins board

Revenue up 16% YoY to Rs 2,596 cr; finance cost rises by 7% due to additional borrowings for ongoing capex

Carborundum Universal consolidated Q2 net dips 8% to Rs 94 cr, sales up 34%

Revenue spike driven by strong show in electro minerals and ceramics, and sales of Rs 141 crore by newly acquired subsidiaries