Page 1739 - Company News

Godrej Consumer Products net profit falls 25% in second quarter

Its net sales in the quarter was up 7.2 per cent to Rs 3,391.92 crore which was led by price hikes

Stores now preferred choice over online shopping: Raymond's Singhania

Raymond's sales rise 15% in September quarter versus pre-Covid period

Near-term growth concerns, further price cuts to cap returns for Marico

Further price cuts, higher advertising costs to weigh on margins

Zoho Corp revenue hit $1 billion in 2021, India business grew 77%

At current growth rate, India could be company's biggest market in 10 yrs: CEO

Demonetisation deliberate move by 'PayPM' to aid billionaire friends: Rahul

Congress leader Rahul Gandhi attacked PM Modi over demonetisation, saying it was a deliberate move by "PayPM" to ensure that two-three of his billionaire friends could monopolize India's economy.

GMR Goa International Airport Limited at North Goa unveils its brand logo

GMR Goa International Airport Limited, an upcoming facility at Mopa in North Goa, on Tuesday unveiled its new brand Logo

Public good enablers to drive India's digital revolution: BankBazaar CEO

Public good enablers like digilocker, account aggregator system and video e-KYC will drive India's next digital revolution as the country sits on a mammoth volume of 50 billion digital transactions

Bharat Highways InvIT to raise Rs 3,000-crore through rupee-term loans

To retire debt of seven road projects that it will acquire

Gatik's driverless B2B delivery service gains pace in US and Canada

The middle-mile segment, unlike long-haul transport or last-mile delivery to an end consumer, involves business-to-business (B2B) operations, mostly from a warehousing location to a retail centre

M P Birla group's Birla Corporation posts Rs 56 cr loss in second quarter

M P Birla group flagship company Birla Corporation Ltd posted a loss of Rs 56 cr in second quarter of the current fiscal against a net profit of Rs 86 crore in the same period previous financial year

India's Godrej Consumer profit misses view on weak Indonesia sales

India's Godrej Consumer Products on Tuesday reported a sharper-than-expected drop in second quarter profit, as expenses climbed, while Indonesia sales continued to decline

India's 'first' Twitter user undecided on whether to pay for blue tick

Naina Redhu says she joined social media platform in 2006 after getting an invitation email

Viatris eyes $1 billion revenue from eye care acquisitions by 2028

Company has bought ophthalmology business of Taparia family-backed Famy Life Sciences

Welspun India's Q2 net profit down 96% at Rs 8.33 cr due to high input cost

Home textiles major Welspun India Ltd reported a 95.86 per cent decline in its consolidated net profit to Rs 8.33 crore for the second quarter ended September 30, mainly due to high input costs

Tobacco player VST logs 22% sales growth in quarter ended Sept 30

Tobacco and cigarette manufacturer VST Industries registered a 22 per cent growth in sales and logged 15.4 per cent growth in net profit in the quarter ended September 30, 2022

Reliance unit to build world class Greenfield Smart City near Gurugram

One of the four Japanese companies that are to be situated in a smart city being developed by an arm of Reliance Industries Ltd near Gurugram, has done ground-breaking for a medical devices unit.

Pocket FM expects to reach $100 mn annual revenue run rate by Sept 2023

Audio content app Pocket FM expects to reach an annual revenue run rate (ARR) of USD 100 million by September 2023, the company said on Tuesday

Cryptoverse: Dogecoin's price double abfter Elon Musk acquired Twitter

Dogecoin's price doubled after the Tesla tycoon completed the $44 billion deal. It was trading at about $0.07 on Oct. 27 before Musk tweeted "the bird is freed" to announce his ownership

VC firm Quona Capital announces close of its third fund at $332 mn

Company has invested in more than 17 start-ups in India, has almost 30% of its global team in country

Smartworld Developers inks MoU with Schneider Electric for home automation

Realty firm Smartworld Developers Pvt Ltd on Tuesday said it has tied up with Schneider Electric for home automation in its upcoming projects