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Chemplast Sanmar Q4 results: Net profit declines 80% to Rs 46 crore

For the full year, revenues were lower by 16% as compared to the last year - however, sales volumes of almost all the products were higher on a Y-o-Y basis

Chemplast Sanmar Q4 results: Net profit declines 80% to Rs 46 crore
Updated On : 16 May 2023 | 9:02 PM IST
IRDAI lowers the solvency requirement for surety bonds to 1.5 times
Updated On : 16 May 2023 | 9:04 PM IST

Market regulator Sebi plans to expand QIB base to boost bond market

Looks to include SFBs and multi-state cooperatives, among others

Market regulator Sebi plans to expand QIB base to boost bond market
Updated On : 16 May 2023 | 9:12 PM IST

Ministry of corporate affairs notifies timelines for fast-track M&As

Experts however said that while the government move is a step in the right direction, on the ground the implementation would be hard

Ministry of corporate affairs notifies timelines for fast-track M&As
Updated On : 16 May 2023 | 8:54 PM IST

NSE posts consolidated net profit of Rs 7,356 cr; revenue at Rs 12,765 cr

The exchange earns from trading and other revenue lines, including fees from listing, index services, data services and colocation facilities

NSE posts consolidated net profit of Rs 7,356 cr; revenue at Rs 12,765 cr
Updated On : 15 May 2023 | 11:41 PM IST

Amazon implements India layoffs to reduce workforce globally: Report

The downsizing round is part of the layoffs announcement made in March by Amazon CEO Andy Jassy, which was expected to impact 9,000 employees

Amazon implements India layoffs to reduce workforce globally: Report
Updated On : 15 May 2023 | 11:40 PM IST

Dish TV Institutional shareholders call for EGM, seek to remove 2 directors

The notice said the Board is acting at the behest of certain minority shareholders holding merely 4 percent stake in the company

Dish TV Institutional shareholders call for EGM, seek to remove 2 directors
Updated On : 15 May 2023 | 11:01 PM IST

Cognizant's new platform offers responsible AI for enterprise customers

Platform has a library of reusable generative AI models and agents, development tooling, and control components including API and access management, versioning, and auditing

Cognizant's new platform offers responsible AI for enterprise customers
Updated On : 15 May 2023 | 8:18 PM IST

Fertiliser firm Coromandel International's Q4 profit up 18% at Rs 290 cr

Company says 'strong growth' in products portfolio helped performance

Fertiliser firm Coromandel International's Q4 profit up 18% at Rs 290 cr
Updated On : 15 May 2023 | 8:20 PM IST

Skipper Q4 PAT down 3.4%, sees highest-ever quarterly revenue of Rs 657 cr

Dip in profit largely due to MTM losses arising from the depreciation of the rupee to the dollar

Skipper Q4 PAT down 3.4%, sees highest-ever quarterly revenue of Rs 657 cr
Updated On : 15 May 2023 | 7:41 PM IST

Manufacturing firm Tube Investments' Q4 profit rises 74% at Rs 312 cr

Company's net profit in FY23 increases 24% at Rs 956 cr from Rs 769 cr in FY22

Manufacturing firm Tube Investments' Q4 profit rises 74% at Rs 312 cr
Updated On : 15 May 2023 | 7:20 PM IST

Karur Vysya Bank Q4 net profit up 59% at Rs 338 cr, deposits up 12%

Tamil Nadu-based lender says it faced 'an extremely challenging environment'

Karur Vysya Bank Q4 net profit up 59% at Rs 338 cr, deposits up 12%
Updated On : 15 May 2023 | 6:31 PM IST

Realty stocks soar on Sebi proposal to formalise fractional ownership

Sobha Developers gains most at 11.5%, DLF and Mahindra Lifespace add over 7% each; BSE Realty index soara 4.3%, most among the 19-sectoral sub-indices

Realty stocks soar on Sebi proposal to formalise fractional ownership
Updated On : 15 May 2023 | 4:28 PM IST

Nearly 30% of married Indian women face domestic violence, shows data

The bare statistics are always extraordinary and condign punishment a rare sighting for survivors (often silent or silenced) of domestic abuse

Nearly 30% of married Indian women face domestic violence, shows data
Updated On : 14 May 2023 | 10:52 PM IST

Shriram Life Insurance net rises over 50-fold to Rs 156 cr in FY23

Strong growth in individual non-single premiums drives better show

Shriram Life Insurance net rises over 50-fold to Rs 156 cr in FY23
Updated On : 14 May 2023 | 2:51 PM IST

Healthcare services to lead job boom: Tata group Chairman N Chandrasekaran

Both Tata Motors and Tata Power have set up separate subsidiaries to make the foray into EV and green energy

Healthcare services to lead job boom: Tata group Chairman N Chandrasekaran
Updated On : 12 May 2023 | 11:06 PM IST

IOB net up 19% to Rs 656 cr in Q4FY23, income rises 16% to Rs 5,271 cr

Improvement in bad loan situation; marginal rise in low-cost deposits as percentage of overall deposits

IOB net up 19% to Rs 656 cr in Q4FY23, income rises 16% to Rs 5,271 cr
Updated On : 12 May 2023 | 8:35 PM IST

Five Star Business Finance expects 30% growth in AUM in FY24

Firm plans 60 new branches during the year, increase staff strength and hike ticket size as well

Five Star Business Finance expects 30% growth in AUM in FY24
Updated On : 12 May 2023 | 3:47 PM IST

NCLT dismisses Central Bank insolvency plea against Simplex Infrastructures

EPC firm's balance sheets do not show negative net worth, says tribunal's Kolkata bench

NCLT dismisses Central Bank insolvency plea against Simplex Infrastructures
Updated On : 12 May 2023 | 11:28 AM IST

Sebi's Shirpur Gold Refinery order raised before NCLT, may bite Goenkas

Bourses NSE, BSE brought up the issue during Zee-Sony merger hearing

Sebi's Shirpur Gold Refinery order raised before NCLT, may bite Goenkas
Updated On : 12 May 2023 | 9:47 AM IST