Page 1243 - Company News

Gland Pharma posts 41% jump in quarterly revenue on Cenexi acquisition

Indian generic injectables maker Gland Pharma Ltd reported a 41% jump in first-quarter revenue on Monday

Adani Energy achieves $1 bn financial closure for transmission asset

The credit facility is part of a $ 700 million revolving project finance facility tied up in October 2021 for its under-construction transmission assets portfolio

Tata Chemicals posts drop in June quarter profit on lower prices, volumes

India's Tata Chemicals Ltd posted a 9.7% fall in first-quarter profit on Monday, hurt by a fall in soda ash prices and lower volumes

Torrent Pharma's net profit rises 7% at Rs 378 crore in April-June quarter

Torrent Pharma on Monday reported a 7 per cent increase in its profit after tax to Rs 378 crore for the June quarter

Galaxy Group, Sawasdee to invest Rs 1,000 cr to build luxury flats in Delhi

Realty firm Galaxy group and Sawasdee group will invest more than Rs 1,000 crore to develop a luxury project at Lodhi Road in the national capital

Keystone Realtors net profit jumps over 9-fold to Rs 46.97 crore in Q1

Realty firm Keystone Realtors Ltd on Monday reported an over 9-fold jump in its consolidated net profit at Rs 46.97 crore for the June quarter on higher income

Tata Play starts beaming from its GSAT-24 satellite, to increase capacity

GSAT-24 is the third made-in-India satellite which Tata Play is using for its DTH service. Now all the new customers would be served from the new one

UBS Group to cut two-thirds of Credit Suisse dealmakers in Asia-Pacific

That would cost about 200 jobs at its global banking division in Asia over the next couple of months, the people said, asking not to be identified because the matter is confidential

Coromandel arm Dhaksha bags Rs 165 crore drone order for Indian army

Recently, Dhaksha also secured a contract from agricultural inputs cooperative Iffco to supply 400 agri-spraying drones

TVS Supply Chain public issue on August 10, price band set at Rs 187-197

The total issue size is set at Rs 880 crore, including fresh issue aggregates up to Rs 600 crore, and an offer for sale of 14.23 million equity shares

QIA likely picked up shares worth $500 million in Adani Green: Report

BENGALURU (Reuters) - Qatar Investment Authority (QIA) likely picked up shares worth $500 million in India's Adani Green Energy via block deals on Monday

SC rejects Go First plea against Delhi HC nod to lessors to access planes

On August 3, the airline had moved to Supreme Court against the Delhi HC's order to allow lessors to inspect the aircraft

Indian Energy Exchange total trade volume up 19% to 8.5 bn units in July

The Indian Energy Exchange's (IEX) total trade volume rose 19 per cent year-on-year to 8,522 million units (MU) in July

We bet on private capex to grow corporate credit, says SBI chairman

SBI's total domestic advances were 28 trillion rupees as of June 30

Apraava Energy inks pacts with REC, PFC to get Rs 9,120 cr for projects

Apraava Energy signed the Memorandum of Understanding (MoUs) with REC Ltd and PFC for financial assistance worth Rs 9,120 crore ($1.1 billion), the company said

Adani Energy Solutions secures $1 bn financing for green HVDC link project

The 80-km multi-faceted project will offer a technological upgradation to the Mumbai city. The construction work for this link will begin in October 2023, AESL (erstwhile Adani Transmission Ltd) said

Burger King's India operator posts wider Q1 loss on back of higher costs

The restaurant chain's consolidated net loss widened to Rs 50.48 crore ($6.1 million) for the quarter ended June 30, from Rs 47.5 crore a year ago, according to an exchange filing

Airtel launches Xstream AirFiber fixed wireless access device: Details here

Airtel Xstream AirFiber is a plug-and-play device with in-built Wi-Fi 6 technology, which can hold connections with up to 64 devices simultaneously

Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn

After the transaction, Sharma's stake in the company will rise to 19.42%, and Antfin will cease to be the largest shareholder of Paytm

Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years

The diagnostic player has also taken price hikes in the range of 4-5 percent in the last three years