Page 1426 - Company News

NCLT to hear two insolvency petitions filed against Go First on May 8

As Go First awaits the NCLT ruling on its voluntary insolvency resolution plea, the tribunal is set to hear on Monday two petitions seeking insolvency proceedings against the crisis-hit airline

KFin Technologies' profit rises to Rs 196 crore, revenue up 13% in FY23

For the fourth quarter (Q4), the revenues from operations stood at Rs 183 crore, up 1.3 per cent year-on-year

Manappuram Finance faces reputational risk amid probe, says S&P

May impact investor confidence, Stock tanks 11.45% on BSE

Olectra Greentech net profit rises 52% to Rs 27 cr in March quarter

For FY23, the consolidated revenue increased 84 per cent to stand at Rs 1,090.76 crore as compared with Rs 593.26 crore in the year-ago period

Piramal Enterprises loss widens to Rs 196 cr on dip in Shriram investment

The Piramal Enterprises scrip closed 2.87 per cent at Rs 735.55 apiece on BSE, as against a 1.13 per cent correction on the benchmark

Blue Dart Express net profit falls 49% to Rs 69 crore in March quarter

Its total income rose to Rs 1,225.22 crore from Rs 1,169.52 crore in the January-March period of FY22

Tata Group airlines see most improvement in on-time performance in April

IndiGo, India's largest carrier, saw its on-time performance fall from 92.43 per cent in March to 89.97 per cent in April

Air India exploring collaboration with Apple in flight tech push

Carrier becoming one of largest iPad customers in India, says CEO

Piramal Enterprises posts Q4 loss of Rs 196 cr on MTM hit of Rs 375 cr

Jairam Sridharan is the Managing Director, Piramal Capital & Housing Finance (PCHFL) told media that the loss on Shriram Investments has partly gone away after March 31, 2023

Homegrown edtech startup Teachmint lays off over 70 employees: Report

Led by edtech startups, over 25,000 employees have been laid off by nearly 100 startups in India including BYJU'S, Unacademy and Vedantu

India Grid Trust to consider raising of debt through various sources

The outcome of the board meeting will be communicated to the stock exchanges after conclusion of the board meeting on May 12, 2023

NCLT to hear insolvency proceedings plea filed against SpiceJet on May 8

SpiceJet too seems to be facing headwinds, with a lessor filing a plea seeking insolvency resolution proceedings against no-frills airline and petition is scheduled for hearing before NCLT next week

Bank fraud case: CBI searches at Jet office, Naresh Goyal's residence

Searches conducted with an alleged Rs 538-cr 'fraud' case in Canara Bank

Tips Industries signs global music deal with Sony Music Publishing

The agreement has been signed to promote Tips Music's range of songs in the international markets

Dr Reddy's Laboratories launches Regadenoson injection in US market

Dr Reddy's Laboratories Ltd on Friday announced the launch of Regadenoson injection, used as an agent in the imaging of heart muscle to check blood flow, in the US market.

India Inc prepares for a tough road to evolving standards, ESG compliance

Firms will have to meet two different standards - domestic and global, say experts

Aurionpro Payments gets RBI approval to operate as payment aggregator

AuroPay can commence Payment Aggregator business upon receiving the final Certificate of Authorization from RBI

Nexus Select Trust acquires 17 malls; to continue inorganic growth post IPO

The company has fixed the price band at Rs 95 per unit to Rs 100 per unit for the proposed issue scheduled to close on May 11

Symphony Q4 net profit falls 75% to Rs 16 crore; revenue down 19.7%

Its total expenses in Q4FY23 were down 4.83 per cent to Rs 295 crore as against Rs 310 crore of the corresponding quarter a year ago

Marico reappoints Saugata Gupta as MD, Rajan Mittal joins as Ind Director

The company's board has appointed Rajan Bharti Mittal as an independent director for a term of five years, beginning from July 1, 2023 to June 30, 2028