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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

ALD Automotive completes acquisition of LeasePlan, makes local mgt changes
Updated On : 23 May 2023 | 9:11 PM IST

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

Amara Raja Batteries posts 41% rise in Q4 net profit; revenue up 11%
Updated On : 23 May 2023 | 8:52 PM IST

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

Ashok Leyland Q4 consolidated net up four-fold to Rs 803 cr
Updated On : 23 May 2023 | 8:24 PM IST

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

Post offices barred from exchanging Rs 2,000 notes, can accept deposits
Updated On : 23 May 2023 | 7:04 PM IST

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

Adidas appointed kit sponsor for Indian cricket team till March 2028
Updated On : 23 May 2023 | 2:18 PM IST

Textile industry veteran Karumuttu T Kannan passes away in Madurai

Kannan was a board member of TVS Motor and other companies, and an educationalist associated with several institutions

Textile industry veteran Karumuttu T Kannan passes away in Madurai
Updated On : 23 May 2023 | 11:25 AM IST

Global investment firms IFC, M&G invest in Vivriti Retail Asset Fund

The fund will focus on scaling investment in securitised debt securities with MSE-backed assets

Global investment firms IFC, M&G invest in Vivriti Retail Asset Fund
Updated On : 22 May 2023 | 10:21 PM IST

Dhanlaxmi Bank Q4 net up 63% to Rs 38 cr on improvement in asset quality

For the whole of FY23, the bank's net profit was up 37% to Rs 49.36 crore

Dhanlaxmi Bank Q4 net up 63% to Rs 38 cr on improvement in asset quality
Updated On : 22 May 2023 | 7:43 PM IST

Gland Pharma down 33% in two days, Shreyas Shipping hits 20% upper limit

The miss comes on the back of a key customer filing for bankruptcy, high competition from Chinese players, and production shutdowns

Gland Pharma down 33% in two days, Shreyas Shipping hits 20% upper limit
Updated On : 22 May 2023 | 5:18 PM IST

RBI asks banks to keep daily data on exchange, deposit of Rs 2,000 notes

Banks will have to submit the data 'as and when called for', says central bank in notification

RBI asks banks to keep daily data on exchange, deposit of Rs 2,000 notes
Updated On : 22 May 2023 | 12:40 PM IST

Political fortunes: Here are the average assets of re-contesting MLAs

An analysis of asset comparison of re-contesting MLAs in the Karnataka Assembly election

Political fortunes: Here are the average assets of re-contesting MLAs
Updated On : 21 May 2023 | 10:29 PM IST

India Inc in a wait-and-watch mode on impact of Rs 2,000 note withdrawal

Real estate sector may face the brunt; CEOs from other sectors hopeful of business as usual

India Inc in a wait-and-watch mode on impact of Rs 2,000 note withdrawal
Updated On : 19 May 2023 | 10:37 PM IST

NCLT rejects IDBI Bank's insolvency plea against Zee Entertainment

Lender has the option to move appellate tribunal to appeal against the order

NCLT rejects IDBI Bank's insolvency plea against Zee Entertainment
Updated On : 19 May 2023 | 6:33 PM IST

Nexus Select Trust, country's first pure-play REIT, rises 4% on debut

Firm's IPO was subscribed 5.4x, units were proced at Rs 95-100 a share

Nexus Select Trust, country's first pure-play REIT, rises 4% on debut
Updated On : 19 May 2023 | 4:35 PM IST

Edtech major Byju's sued by an agent connected to its $1.2 billion loan

The lawsuit was filed by Glas Trust Company and investor Timothy R. Pohl against Byju's Alpha, Tangible Play, Inc. and Riju Ravindran

Edtech major Byju's sued by an agent connected to its $1.2 billion loan
Updated On : 19 May 2023 | 12:03 AM IST

Container Corporation of India announces FY23 dividend of Rs 2 per share

Concor's Q4 profit after tax (PAT) came in at Rs 278.5 crore, with operations revenue of Rs 2,166 crore

Container Corporation of India announces FY23 dividend of Rs 2 per share
Updated On : 18 May 2023 | 9:28 PM IST

In Tamil Nadu, Airtel surpasses 2-million customer mark on 5G network

Airtel was the first to roll-out 5G in the country and Chennai was one of the first eight cities to get ultrafast Airtel 5G Plus

In Tamil Nadu, Airtel surpasses 2-million customer mark on 5G network
Updated On : 18 May 2023 | 11:15 PM IST

Manyavar's OFS fully subscribed, garners nearly 1.4 times more bids

The floor price for the OFS has been set at Rs 1,161

Manyavar's OFS fully subscribed, garners nearly 1.4 times more bids
Updated On : 18 May 2023 | 5:18 PM IST

APSEZ sets new record, handles highest ever rail cargo of 121 MMT in FY23

In FY23, APSEZ generated around Rs 14,000 crore in revenue from rail cargo for Indian Railways

APSEZ sets new record, handles highest ever rail cargo of 121 MMT in FY23
Updated On : 17 May 2023 | 10:57 AM IST