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BS Reporter

Page 190 - Bs Reporter

Creditors of IL&FS Financial Services to get Rs 3,200 cr interim payout

Since the resolution began, the group has so far discharged debt worth Rs 27,000 crore

Creditors of IL&FS Financial Services to get Rs 3,200 cr interim payout
Updated On : 06 Feb 2023 | 10:51 PM IST

Grasim board inducts Ananya Birla, Aryaman Vikram Birla as directors

Aditya Birla Group flagship firm says move comes at an appropriate moment, with the creation of the paints vertical and B2B platform for building material

Grasim board inducts Ananya Birla, Aryaman Vikram Birla as directors
Updated On : 06 Feb 2023 | 8:27 PM IST

Muthoot Finance consolidated net dips 11% YoY to Rs 934 crore in Q3

Total income declines 4% to Rs 3,030 crore, loan assets grow 7% tp Rs 65,000 cr

Muthoot Finance consolidated net dips 11% YoY to Rs 934 crore in Q3
Updated On : 06 Feb 2023 | 7:46 PM IST

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

Flagged off by PM Modi at India Energy Week, the vehicle was developed over the past one year and has been under test since August 2022

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck
Updated On : 06 Feb 2023 | 4:21 PM IST

Fertilisers and Chemicals Travancore's Q3 net up two-fold to Rs 165.79 cr

Profit and turnover for the corresponding nine months of the previous year was Rs 119.84 crore and Rs 2,732.25 crore, respectively

Fertilisers and Chemicals Travancore's Q3 net up two-fold to Rs 165.79 cr
Updated On : 04 Feb 2023 | 9:24 PM IST

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr

The company's total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr
Updated On : 04 Feb 2023 | 12:57 AM IST

RBI okays appointment of sitting YES Bank exec Rajan Pental as ED

Pental, who has been with YES Bank since November 2015, will continue to head retail banking; he is also non-executive director at YES Securities

RBI okays appointment of sitting YES Bank exec Rajan Pental as ED
Updated On : 03 Feb 2023 | 6:58 PM IST

Cognizant Q4 net profit down 9.6% YoY, meets annual guidance for FY22

IT services firm reports rise in headcount, says voluntary attrition declining

Cognizant Q4 net profit down 9.6% YoY, meets annual guidance for FY22
Updated On : 03 Feb 2023 | 5:11 PM IST

Adani group companies market capitalisation erosion tops $100 billion

AEL pulled the plug on its fully-subscribed $2.4 billion (Rs 20,000-crore) follow-on public offering FPO

Adani group companies market capitalisation erosion tops $100 billion
Updated On : 03 Feb 2023 | 12:52 AM IST

IDFC twins gain more than 5% on Rs 2,000-crore capital infusion

At a meeting held on Wednesday, IDFC's board gave an in-principle approval to infuse Rs 2,000 crore "growth capital" into IDFC First Bank

IDFC twins gain more than 5% on Rs 2,000-crore capital infusion
Updated On : 03 Feb 2023 | 12:50 AM IST

Edtech giant Byju's lays off nearly 1,000 employees across verticals

According to the company sources, the layoffs are part of the"optimisation" strategy announced last year where the company plans to sack 2,500, or 5 per cent, of its employees

Edtech giant Byju's lays off nearly 1,000 employees across verticals
Updated On : 02 Feb 2023 | 10:34 PM IST

G20 education working group likely to lead to university tie ups

Collaboration with Universities across the globe would be the major outcome of the deliberations at the Chennai Meet, Sanjay Murthy, Secretary Higher Education

G20 education working group likely to lead to university tie ups
Updated On : 02 Feb 2023 | 9:06 PM IST

Freightify raises $12 million in series A led by Sequoia Capital

Freightify helps power digital transformation of Freight forwarders through their suite of proprietary products

Freightify raises $12 million in series A led by Sequoia Capital
Updated On : 02 Feb 2023 | 8:20 PM IST

Sundram Fasteners posts 7% rise in Q3 net profit as global orders rise

Auto components firm says it is 'progressing well' despite macroeconomic challenges

Sundram Fasteners posts 7% rise in Q3 net profit as global orders rise
Updated On : 02 Feb 2023 | 3:02 PM IST

Adani Enterprises decides not to go-ahead with FPO, money to be returned

Given the extraordinary circumstances, AEL's board felt that going ahead with the issue will not be morally correct

Adani Enterprises decides not to go-ahead with FPO, money to be returned
Updated On : 02 Feb 2023 | 12:21 AM IST

President's address vs Budget: Housing, free foodgrain, Railways, and more

What did the President say in her Budget session address vs what did the Budget have?

President's address vs Budget: Housing, free foodgrain, Railways, and more
Updated On : 01 Feb 2023 | 9:23 PM IST

IDFC Ltd to invest Rs 2,200 crore in IDFC First Bank, up its stake to 40%

IDFC board declares special interim dividend of Rs 11 per share; Govt of India, the firm's largest shareholder, to receive Rs 287 cr payout

IDFC Ltd to invest Rs 2,200 crore in IDFC First Bank, up its stake to 40%
Updated On : 01 Feb 2023 | 9:09 PM IST

Union Budget 2023-24: FM Sitharaman extends tax benefits to start-ups

The allocation for start-ups in the Budget include Rs 160 crore under Startup India Seed Fund (SISF)

Union Budget 2023-24: FM Sitharaman extends tax benefits to start-ups
Updated On : 01 Feb 2023 | 8:04 PM IST

SC orders Whatsapp to make public its undertaking on 2021 privacy policy

Top court wants Indian users to know that they are under no obligation to accept the platform's 2021 privacy policy in order to be able to use it

SC orders Whatsapp to make public its undertaking on 2021 privacy policy
Updated On : 01 Feb 2023 | 7:51 PM IST

Mixed day for Adani group stocks, market capitalisation unchanged

The flagship firm Adani Enterprises rose nearly 3.4 per cent after its follow-on share sale managed to sail through

Mixed day for Adani group stocks, market capitalisation unchanged
Updated On : 31 Jan 2023 | 10:13 PM IST