Page 25 - Ishita Ayan Dutt

Birla Corporation posts Rs 58.37 cr net profit in Q2 on ops ramp-up

The company attributed the jump in profitability to the ramp-up of Mukutban operations, cost-initiatives, premiumisation and optimization of power and fuel mix and softening fuel prices

Foundry & forging units in West Bengal hit by global slowdown and war

The last of a three-part series on export slowdown is a report from the forging & foundry units in Howrah, to assess the losses and job cuts

IIM Calcutta Board of Governors accepts Director Uttam Sarkar's resignation

Sarkar would continue as a professor in the MIS Group of the institute

Singur saga: TaMo's arbitration award roils political waters in West Bengal

The SC verdict triggered the compensation clause for Tata Motors

We worked very hard, it's the best proposal: Tata Steel CEO T V Narendran

'Unions are obviously reflecting the sentiments of their members. One way to look at it is there are many jobs which are saved, but for the people who may be losing jobs, it's an emotional issue'

Tata Steel sees consolidated net loss of Rs 6,196 cr in Sept quarter

The company has also taken a charge towards restructuring and other provisions of Rs 3,612 crore in consolidated financial statements

Tata Motors wins Rs 766 crore plus interest at 11% for losses in Singur

Arbitral Tribunal also allows it to recover Rs 1 cr towards the cost of proceedings

McLeod Russel set to focus on Uganda, India estates after Vietnam exit

The company recently signed an agreement for selling its business in Vietnam to TLK Agriculture Joint Stock Company of Vietnam for $2.15 million

McLeod Russel to sell Vietnam unit Phu Ben Tea Company for $2.15 mn

Subject to the completion of the sale, PBTCL would cease to be a subsidiary of BTHL and a step-down subsidiary of McLeod Russel

JSW Steel well placed to participate in India growth story: Jt MD & CEO

JSW Steel Jt MD & CEO Jayant Acharya, says India's growth story is playing out and the company may reach its goal of 50 mt capacity ahead of the timeline

JSW Steel reports Rs 2,760 crore net profit on the back of higher sales

The Bloomberg consensus estimate for revenue was Rs 42,539.9 crore and net income adjusted Rs 2,418.6 crore. Sequentially, revenue was up 4.93 per cent and net profit 18.04 per cent

Durga Puja's Unesco spark ignites pandal art, business and more

West Bengal's cultural extravaganza sees higher sponsorships, heightened creativity

Number of women in blue-collar jobs increasing across manufacturing sector

As companies move to be more gender inclusive

ITC Q2 results: Net profit up 6% at Rs 4.8K cr, rural green shoots visible

Says public investment strong, consumption demand relatively subdued

Speciality Restaurants to focus on oriental cuisine for expansion

Cloud kitchens, which expanded quickly during the pandemic, will continue to grow

Tea industry in hot water over financial stress and production woes

While tea prices remained stagnant, wages of tea garden workers increased significantly in the past five years

Hotels to steel: India Inc unlocks subsidiaries' value with mergers, splits

Combined value of deals reaches $32.9 bn in Q3 CY2023, the highest quarterly total since Q2 CY2022

Strong domestic demand, raw material cost, pushing up steel prices

A major producer attributed the increase in steel prices to the rising cost of raw materials over the past couple of months

Israel-Hamas war: Tea exporters worry conflict spillover to Iran

Tea export volumes to Israel are insignificant. But any repercussions on Iran, one of the top buyers of Indian tea, will impact the industry, exporters apprehend

Crisis brewing in Darjeeling's tea gardens; several owners looking to sell

In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background