Page 1263 - Company News

Sundram Fasteners report consolidated profit at Rs 128.74 cr in Q1

Total income on a consolidated basis for the quarter under review was Rs 1,415.27 crore as against Rs 1,421.70 crore recorded in the same period of last year

7 airlines closed down in 5 years; 16 carriers operational now: Govt data

A total of seven airlines, including Heritage Aviation and Air Odisha Aviation, have been closed down in the last five years, the government said on Thursday

Adani Transmission renames as Adani Energy Solutions with immediate effect

Adani Energy Solutions, erstwhile Adani Transmission, is the country's largest private transmission company, with a presence across 14 states

Airtel Africa posts $151 million net loss in Q1; revenue rises 9.6%

Higher finance costs and June devaluation of Nigerian currency identified as contributing factors

Foreign investors to create more value for RE in India: ReNew's Sinha

Increasingly more companies are partnering with foreign investors at project level

Qatar Airways posts $1.2 bn profit over FY23 when it hosted FIFA World Cup

Qatar Airways received a $3 billion infusion from the government during the pandemic to keep it afloat

Can Fin Homes Ltd to take Rs 38.5 crore hit in Q2 due to fund fraud

This marks the second time the company has fallen victim to fraud in recent quarters

Godfrey Phillips India Q1 results: Profit up 78% to Rs 254.44 crore

The company demonstrated strong cigarette domestic volume growth and unmanufactured tobacco export growth in Q1 of FY24

NDTV reported consolidated loss after tax of Rs 8.08 cr loss in Q1

News broadcaster NDTV Ltd on Thursday reported a consolidated loss after tax of Rs 8.08 crore in the first quarter ended June 30, 2023, impacted by lower revenue.

RITES, IRFC sign pact to work in transport infrastructure sector

Engineering firm RITES said it has signed a pact with the Indian Railway Finance Corporation (IRFC) to explore possibilities of collaborating in the railway eco-system

PowerGrid InvIT's consolidated net profit falls 10% to Rs 190 crore

PowerGrid Infrastructure Investment Trust on Thursday reported a 10 per cent decline in consolidated net profit at Rs 190.90 crore in the June quarter

Lupin announces USFDA warning letter resolution for Goa, Pithampur plants

Drug maker Lupin on Thursday said it has resolved manufacturing issues raised by the US health regulator regarding its Goa and Pithampur-based manufacturing facilities.

AIX Connect gets regulatory nod to operate flights under Air India Express

This development marks a significant fast-tracking of the integration efforts, including harmonisation of customer touch points, products, and services across both airlines, it added

Google for Startups Accelerator invites applications, focus on AI

Google for Startups Accelerator is inviting applications for its eighth cohort with a focus on AI-first startups, the company announced in a blogpost on Thursday.

Indian Energy Exchange net profit up by 10% to Rs 76 crore in June quarter

Indian Energy Exchange on Thursday posted a 10 per cent increase in consolidated net profit to Rs 75.82 crore in the June quarter on the back of higher revenues.

Foxconn unit in talks for $200 million components plant in Tamil Nadu

In the last few months, Foxconn had announced significant investment plans in states like Karnataka, Telangana and Tamil Nadu, bolstering its presence in South India

S&P upgrades Delhi International Airport's rating to 'B+' from 'B'

Stronger Traffic and Profitability drives rating action

Syngene's playbook: 50% revenue from contract manufacturing in 2-3 years

Acquisition of Stelis facility saves $15 million in capex in FY24

Sunteck Realty Q1 sale bookings for properties up 16% to Rs 387 cr

Mumbai-based Sunteck Realty has reported 16 per cent increase in sale bookings of properties to Rs 387 crore for the first quarter of this fiscal year

ACC Q1 results: Net profit jumps 105% to Rs 466 crore, revenue up 16.4%

Adani firm to not conduct separate, independent probe into Hindenburg allegations