Page 175 - Bs Reporter/workspace/business Standard Web/undefined

NCLAT sets aside NCLT order on Zee Entertainment-Sony India merger

The appellate tribunal set aside the NCLT order on grounds of "violation of principles of natural justice"

Voltas Tamil Nadu facility plan on track, to invest Rs 500 cr for room ACs

The construction of the new manufacturing facility is spread over 150 acres

Narendra Modi govt at 9: Index returns in line with long-term trend

Improvement in financial savings channelised massive inflows into the equities market through the mutual fund route

Kerala makes history, becomes India's first fully e-governed state

The state will also roll out the Kerala Fibre Optic Network shortly, which will make access to the internet affordable/free

Indian Steel Association, AISC ink MoU to unlock new avenues in sector

"MoU aims to leverage the strengths, expertise, and resources of both organizations to unlock new avenues for growth, innovation, and sustainability in the steel industry," a statement from ISA said

Reforms galore, index annual returns in line with the long-term trend

The returns are also below the previous Manmohan Singh-led United Progressive Alliance (UPA) government

TVS Supply Chain chief R Dinesh elected CII president, Rajiv Memani is VP

Veteran entrepreneur is winner of several business awards, has assisted industry group for many years

Harsh Jain, founder of start-up Dream11, elected IAMAI chairperson

Organisation representing technology companies also names new vice chairman and treasurer

Sundaram Finance Holdings net profit surges 48% in FY23 to Rs 237 crore

On a standalone basis, net profit of Rs 94.75 crore for the year ended March 2023 was seen up 101 per cent over the Rs 46.91 crore for the corresponding period of the previous year

Andhra cops arrest 3 Malaysians at Chennai airport in loan app scam case

The scamsters would capture the contacts of victims who took the loans and extorted money from them by threatening to circulate morphed images and videos and post the images on social media

Adani stocks cool off after 3-day surge; save for three, rest shed 0.5-6%

Flagship Adani Enterprises declined the most at 6 per cent after a three-day 40 per cent surge

Biocon Q4 results: Net profit rises 31% to Rs 313 cr, revenue up 57%

For the entire financial year, the company's net profit saw a decline of 29 per cent to Rs 462.7 crore, as compared to Rs 648.4 crore in 2021-22

ALD Automotive completes acquisition of LeasePlan, makes local mgt changes

With this deal, the combined entity now has a total of 3.31 million vehicles managed worldwide

Amara Raja Batteries posts 41% rise in Q4 net profit; revenue up 11%

During the period under review, the company's revenue from operations also saw an increase of 11 per cent to Rs 2,429 crore, from Rs 2,181 crore during Q4 FY22

Ashok Leyland Q4 consolidated net up four-fold to Rs 803 cr

Revenue from operations up 33% to Rs 13,203 cr in Q4 of FY23

Post offices barred from exchanging Rs 2,000 notes, can accept deposits

Exchange facility is available only at banks. Customers can make deposits since the Rs 2,000 note is legal tender," said a top banking industry source

FTSE ups Manyavar's weighting; Max Healthcare likely to make MSCI cut

Global index provider FTSE has increased the weightage of Vedant Fashions (Manyavar) in four of its indices

Adidas appointed kit sponsor for Indian cricket team till March 2028

Partnership gives German sportswear giant exclusive rights for manufacturing kit across all formats of the game