Page 643 - Reuters

No major event that needs disclosure: Adani Enterprises after Wilmar report

The report, citing people familiar with the matter, had said billionaire Gautam Adani and his family may retain a minority stake following a stake sale in its $6 billion consumer staple joint venture

Samvardhana Motherson misses Q1 profit view as higher costs weigh

The company also benefited from a recovery in vehicle production volumes in its key markets of China, Europe and North America

Govt expects PLI payouts to rise Rs 13,000 cr this year: DPIIT official

Under the $24 billion scheme, the federal government pays local manufacturers when targets such as sales are met, aiming to boost investment in manufacturing. Targets differ from sector to sector

India overnight rates jump on RBI's CRR tweak ahead of trading holidays

The weighted average interbank call money rate jumped to 6.66% from an average of 6.38% between Aug. 1 and Aug. 10, and above the policy repo rate of 6.5%

Domino effect: India rice export ban puts market on edge for similar curbs

Thailand, Vietnam and Pakistan, world's second, third and fourth biggest exporters, respectively, have said they are keen to boost sales since demand for their crops has been rising after India's ban

Adani group plans to raise Rs 1,498 cr via Indian bond market: Report

Adani Airport Holdings and Adani Ports and Special Economic Zone may tap the market first, with offerings of around 10-15 billion rupees

Ecuadorean presidential candidate Villavicencio shot dead in Quito at event

A suspect in the killing was wounded in an exchange of fire with security officials and later died

Grasim Industries posts 56% Q1 profit drop on chemicals, textile slump

Prices of chemicals, including caustic soda, fell in the in the June quarter, leading to a 21.5% revenue drop in the company's second-largest business

Container Corp Q1 results: Profit falls 17% as costs rise, revenue slip

State-owned Container Corporation of India reported a more than 17% fall in first-quarter profit on Thursday after costs increased and revenue fell

Honeywell Automation India's profit growth slows as expenses climb

Engineering firm Honeywell Automation India reported its slowest profit growth in five quarters on Thursday, as expenses, led by the rising costs, outpaced revenue

Apollo Tyres Q1 profit more than doubles to $48.07 million on lower costs

Apollo Tyres reported a bigger-than-expected rise in quarterly profit on Thursday, boosted by lower rubber costs and strong domestic auto sales

Hero MotoCorp misses Q1FY24 profit view on reduction in sales volume

India's largest motorcycle maker Hero MotoCorp on Thursday missed first-quarter profit estimates, hurt by a drop in sales volume

Indian rural markets growth wavers, sales volumes climb 4%: NielsenIQ

However, inflation eased in April and May, bringing some relief for consumer goods makers like Maggi instant noodles-seller Nestle India

Indian firms' funding costs from FPIs to rise by up to 40 bps: JPM analysts

He added that costs would increase by about 10 to 20 basis points for Mauritius-based SPVs

Page Industries profits fall 24% in Q1 on poor demand, profits at Rs 158 cr

Page Industries, which licenses innerwear and loungewear brand Jockey International's products in India, reported a nearly 24% fall in first-quarter profit on Thursday, as softer demand weighed

Italy bank windfall tax is 'credit negative' for banking sector: Moody's

"If implemented in its current form, (the tax) would account for about 15% of the banking system's 2022 consolidated net income," Moody's noted

Pidilite Industries posts Q1 profit rise on strong demand, easing costs

Consolidated revenue from operations rose nearly 6% to 32.75 billion rupees

Manappuram Finance Q1 results: Profit rises 76% on gold loan demand

Shares of the company closed 2.84% up after the results

India starts importing tomatoes from Nepal amid record spike in prices

The first lot of imports are likely to reach by Friday in Varanasi, Lucknow and Kanpur cities in northern India, Finance Minister Nirmala Sitharaman told the parliament

Bajaj Electricals Q1 profit falls as unseasonal rains, inflation hit demand

Consolidated net profit was 371.3 million rupees ($4.49 million) for the three months ended June 30, compared with 429.6 million rupees a year earlier