Page 15 - Viveat Susan Pinto

Cement prices may fall after excise duty cut on fuel, helping infra sector

Shree Cement says will take a cut of Rs 5 per bag and other companies are expected to decide soon.

Opposition states follow Centre, reduce VAT on petrol and diesel

However, among BJP-ruled states, Gujarat was unlikely to follow suit and reduce VAT on petrol and diesel, said senior officials

L&T plans to exit road, power concessions, incubate digital business

Company aims to touch revenue of Rs 2.7-3 trillion, achieve order inflow of Rs 3.4 trillion and return on equity of over 18 per cent by FY26

RRR on your home screen: Movie hits help pay-per-view get an audience

Hindi version of the blockbuster will stream on BookMyShow's transactional video-on-demand platform from Friday.

Infra, cement cos feel pinch of falling rupee, realty counts on more sales

Despite rise in interest rates and property prices, momentum in housing demand expected to stay, say developers; infra, cement companies remain circumspect

IPL media rights: Appeal stays despite drop in viewership numbers

Bids likely to be 20-25 per cent higher than base price of Rs 33,000 crore, some say it may touch Rs 50,000-60,000 crore

What UltraTech and JSW Cement plan to do after losing Holcim deal to Adani

Speeding up capacity expansion would be top focus area, said analysts

Schneider Electric eyes ties with Indian firms as green energy push grows

Increasing investments across functions, GreeNext JV, focused on India, progressing well, says top executive

L&T Q4 net increases 10% to Rs 3,621 cr, firm declares dividend of Rs 22

L&T admitted that volatility in the price of crude oil and other commodities owing to geopolitical uncertainties was pushing up input prices

Aided by IPL, Disney+ Hotstar adds over 4 mn subscribers in March quarter

Rival Netflix loses 200,000 global subscribers in the period

Tata group embedding digital, AI and sustainability into biz, says Chandra

Focus on health and wellness, talent and supply chain rebalancing among key trends for the future....

Uptick in movie biz prompts exhibitors to increase screen count in FY23

PVR, Inox and Cinepolis adding 125, 77 and 60 screens, respectively, in FY23

Reliance to clock $20 bn in EBITDA by 2022-end, says Morgan Stanley

High refining margins, gas prices and telecom ARPUs key contributors; stock falls nearly 4 per cent on Monday

Adani becomes fourth Indian group to acquire franchise in UAE's T20 League

Follows RIL, GMR group and Capri Global; tournament likely to be launched in June

Power crisis: Gencos may not switch on idle units soon over fuel cost surge

Imported coal price at nearly $380 per tonne, while power price is capped at Rs 12 per unit, say players

RIL Q4 consolidated net profit up 22.5%; FY22 revenue at Rs 7 trillion

Net profit goes past Rs 60,000 crore

Open to acquisitions in renewable if valuations are right: JSW Energy Jt MD

In a Q&A, Prashant Jain says his firm plans to raise its green energy capacity from 32% now to 55% in two years

JSW Energy Q4 net jumps over eight-fold to Rs 864 cr on one-time gains

After adjusting for the tariff reversal, the company's net profit stood at Rs 372 crore in Q4, which is higher than Bloomberg's consensus estimate of Rs 243 crore

UltraTech Cement logs 48% YoY growth in Q4 net to Rs 2,620 cr, sales up 9%

Ebitda declined 16% YoY to Rs 3,165 cr, while Ebitda margins stood at 19.5% in Q4 versus 25.6% last year, as energy costs swelled in the period under review

Shell to buy Actis-owned renewables firm Sprng Energy for $1.55 bn in India

Deal to help Shell triple its renewable energy capacity in operation