Page 25 - Ishita Ayan Dutt

Jute industry revenue to drop 5-6% on weak overseas demand: Report

Domestic demand will be stable because of steady orders for bags used to store grain, says CRISIL Ratings

Beyond estimates: ITC's profit puffs up over 16% to Rs 5,104. 93 crore

Cigarette, FMCG (non-cigarette), and hotel segment top performers

ITC board approves demerger of hotel business; listing in 15 months

Trademarks jointly used by ITC's other businesses and hotels business would be licensed to ITC Hotels, on mutually agreed terms

ITC holding in hotel business key to its success, says CMD Sanjiv Puri

Move will help it use ITC logo and brands; entire demerger process may take 12-15 months

Jindal family-backed Shalimar Paints scripts new coming after stagnation

Jindal family-backed paint company taken up goal of modernising plants, enhancing capacity

Exide Industries to start lithium-ion cell project's phase-1 by FY25-end

The plant, with a capacity of 12 gigawatt hours (GWh), would be set up in phases

Birla Corp Q1 results: Consolidated net profit falls 3.6% to Rs 59.71 cr

Total income at Rs 2424.63 crore saw an increase of 9.3 per cent, as cement volumes grew by 12.2 per cent

Emami net profit up 86.5%, reports 7% domestic business growth in Q1FY24

The company said that with the easing of raw material cost pressure, the quarter witnessed an expansion of gross margins by 240 basis points at 65.4 per cent during the quarter

Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030

Lease of 4 of its ferrous mines to expire in 7 yrs, even as prepares to double steelmaking capacity

McLeod Russel inks deal with Carbon Resources for sale of gardens

McLeod's crop in India is about 45 million kg (mkg) across 31 estates in Assam and two in Dooars

Eveready growth to be backed by 'adequate' profitability: MD Suvamoy Saha

Eveready achieved a growth of 10 per cent over the previous year in its topline, driven primarily by the premiumisation of product portfolio

ArcelorMittal looks to rope in Indian climate tech start-ups to go green

Launches first country-specific accelerator programme to achieve decarbonisation goal

Peerless group plans Rs 1,000 crore capital expenditure over three years

In real estate, plans are being charted to launch a 15-floor retail-commercial-residential real estate project called Trium at Rajarhat

UCO Bank opens 4 special rupee vostro accounts, gets RBI nod for 8 more

"In addition, four more banks have approached us to open SRVA accounts. After completing their formalities, we will be approaching RBI seeking approval," he added

ITC hotel demerger financially win-win, says chairman Sanjiv Puri

Financial ratios to improve significantly for ITC, while new entity will start with strong balance sheet

AM/NS India's Ebitda up 54% due to higher steel shipments, lower costs

Crude steel production, which was at 1.8 million (mt), was 7.4 per cent higher YoY

Jindal Stainless pitches for imposition of CVD on stainless steel imports

Consolidated revenue was at Rs 10,183.96 crore, higher by 25.44 per cent as sales volume increased

Talks with UK govt have picked up significantly: Tata Steel's T V Narendran

T V Narendran, Tata Steel MD & CEO, tells that collectively the Tata group is one of the biggest investors and employers in the UK

ITC board gives in-principle approval for demerger of hotels business

The move may improve ITC's ROCE by 2,000 bps

Have to study Vedanta assets; K'taka mines of interest to us: JSW Steel CEO

"While we are indeed looking for iron ore and coking coal assets to ensure raw material security, our primary focus is on domestic acquisitions"