Page 331 - Bs Reporter

Power-packed jury to pick winners of BS corporate excellence awards today

Aditya Birla Group Chairman Kumar Mangalam Birla is the chairman of the six-member jury

NCC Ltd posts Q3 result, net profit increases by 74% at Rs 167.57 crore

NCC's consolidated revenue rose by 63.15 at Rs 3,415.64 crore as compared with Rs 2,093.45 crore in the corresponding previous quarter

Natco Pharma Q3 net down 26% to Rs 159 cr on flat revenue, fall in margins

Margin reduction of Oseltamivir in the US market cited as the major cause for the decline in profits during the quarter

Reliance Home Finance Q3 profit up 38% at Rs 55 cr, stock down 6%

Shares of the company were trading at Rs 24.70

Analjit Singh set to take over as chairman of Max Life, Max India

He would be taking over the chairmanship of the two companies from Group President Rahul Khosla, who would be moving to a non-executive role as group advisor from April 1

Apollo Hospitals Q3 profit rises 29% to Rs 86 crore on higher revenues

Total income grew 16.8 per cent to Rs 2,046.75 crore during the quarter, as against Rs 1,864.13 crore during the corresponding quarter a year ago

KKR Asset Finance lends Rs 725 crore to Bengaluru-based realtor

Embassy Group did not respond till the time of going to the press.

Sebi tightens F&O criteria on sharp swing in frontline group stocks

In a circular, Sebi said a stock will be moved to the physical settlement from the new expiry cycle if any of the four conditions are met

Aurobindo Pharma's Q3 profit surges 19.69% to Rs 712 crore on robust sales

Revenues from operations increased 21.5 percent to 5,269.7 crore during the quarter under review as compared to Rs 4336.1 crore in the year ago period

Budget 2019-20: Odisha reins in fiscal deficit despite poll focused doles

State economy to grow by 8-8.5% in FY20

Apex Lab to handle certain IP projects under new entity to raise PE funds

The company might also look at diluting a significant minority share in the new entity to Private Equity investors to raise funds to support this plan

Madras HC allows ICICI Bank to recover Rs 221 cr from Subhiksha, guarantors

Confirming the order, V Suresh, counsel for ICICI Bank said that the court dismissed the revision petition and allowed the bank to recover Rs 221 crore, with interest from 2010

RBI slaps fines on Axis, UCO and Syndicate over various compliance issues

Uco Bank was fined Rs 2 crore for non-compliance on account payee cheques

Former NSEL director Joseph Massey's police custody extended by two days

Mumbai EOW had arrested him on January 27 and sent him police custody till February 5

Cash transfers to farmers, SHG women in Andhra's vote-on-account budget

Despite new schemes and increased allocations to existing social sector programmes, state govt was able to project a revenue surplus for the first time since state's bifurcation

Hindalco develops indigenous aluminium bulker; displays it at INCAL 2019

The bulker developed by Hindalco busts the myth that aluminium is only meant for high-end, expensive and swanky automobiles

Symbiotics subscribes NCDs worth Rs 33 crore issued by Samunnati Financial

Since its launch in 2014, Samunnati has expanded to 14 states, focussing on 34 value chains and has so far disbursed over Rs 1,400 crore worth of credit, impacting 2 million farmers, indirectly

Aluminium makers need to cut costs amid markets downturn: Mines secy

He urged the Indian aluminium companies to step up value addition and focus on creating wealth out of waste

Shikha Sharma named advisor to KKR's alternative credit businesses

The businesses have a combined net worth of Rs 4,640 cr; Sharma was MD & CEO of Axis Bank until December 2018

Thermax's Rs 166 cr plant, company's ninth in India, opens in Sri City

Unit has a capacity to make 400 vapour absorption 400 machines a year