Page 2062 - Company News
Reliance, Viacom18 tie up with Bodhi Tree to form mega TV and streaming biz
Uday Shankar and Lupa Systems' Bodhi Tree to become major shareholder alongside Reliance and Paramount Global; Bodhi Tree to invest Rs 13,500 crore in Viacom18
 "Reliance, Viacom18 tie up with Bodhi Tree to form mega TV and streaming biz")
Syngene's Q4 PAT up 7% to Rs 148 cr; revenue rises 15% to Rs 758 cr
The company had reported a PAT of Rs 138 crore in the January-March period of 2020-21
 "Syngene's Q4 PAT up 7% to Rs 148 cr; revenue rises 15% to Rs 758 cr")
Dr Batra's to double clinic count in FY23 on spike in homoeopathy demand
Eyes 225 centres, entry into smaller towns; Firm says clinics are back to pre-Covid-19 footfall levels, with 30% YoY growth in patients in FY22
 "Dr Batra's to double clinic count in FY23 on spike in homoeopathy demand")
HDFC AMC's Q4 net rises 8.7% to Rs 344 cr; income up 6.5% to Rs 581 cr
The company's total income rose to Rs 580.93 crore in the period under review from Rs 545.57 crore in the fourth quarter ended on March 31, 2021
 "HDFC AMC's Q4 net rises 8.7% to Rs 344 cr; income up 6.5% to Rs 581 cr")
Bajaj Auto Q4 standalone net up 10% to Rs 1,469 cr despite revenue dip
Total revenue from operations for the automaker came in at Rs 7,974.84 crore, down 7.2 per cent from Rs 8,596.10 crore in the same quarter last year
 "Bajaj Auto Q4 standalone net up 10% to Rs 1,469 cr despite revenue dip")
HUL consolidated net rises over 5% to Rs 2,307 cr in March quarter
Revenue up 10% to Rs 13,468 cr, FY22 sales top Rs 50,000 cr
 "HUL consolidated net rises over 5% to Rs 2,307 cr in March quarter")
Reliance Industries mcap hits Rs 19 lakh cr mark in intra-day trade
The market heavyweight stock jumped 1.85 per cent to its record high of Rs 2,827.10 during the day on the BSE
 "Reliance Industries mcap hits Rs 19 lakh cr mark in intra-day trade")
Top B2B player Moglix bolsters top rung, elevates three execs as MDs
The announcement comes as a boost to Moglix's senior leadership as it is poised for global expansion and growth
 "Top B2B player Moglix bolsters top rung, elevates three execs as MDs")
Samsung unveils T7 shield portable SSD for first time in India
Samsung has launched its latest external storage device, the T7 Shield Portable Solid State Drive (PSSD), for Indian consumers.
 "Samsung unveils T7 shield portable SSD for first time in India")
TVS Motor partners Rapido to expand reach in mobility, hyper-local segments
TVS Motor Company on Wednesday said it has entered into a strategic partnership with on-demand delivery and mobility platform, Rapido for mobility and growth
 "TVS Motor partners Rapido to expand reach in mobility, hyper-local segments")
Macrotech aims 27% growth in sales bookings to Rs 11,500 cr this fiscal
The company, which got listed last year by raising Rs 2,500 crore through its Initial Public Offer (IPO), markets its product under the Lodha brand
 "Macrotech aims 27% growth in sales bookings to Rs 11,500 cr this fiscal")
ASUS launches BR1100 Windows laptop series in India aimed at Gen Z users
With a starting price of Rs 24,999 and Rs 29,999 for non-touch and touch versions, respectively, the newly-launched laptops are now available on online and offline platforms
 "ASUS launches BR1100 Windows laptop series in India aimed at Gen Z users")
Michelin becomes first tyre maker in India to get BEE accreditation
Michelin X Multi Energy Z tyre has been awarded the industry's first fuel savings label with a 4-star rating by the Bureau of Energy Efficiency (BEE), the company said in a statement
 "Michelin becomes first tyre maker in India to get BEE accreditation")
S&P raises Adani Electricity Mumbai's outlook from 'Negative' to 'Stable'
IHC investment in parent Adani Transmission Ltd to improve leverage and credit quality
 "S&P raises Adani Electricity Mumbai's outlook from 'Negative' to 'Stable'")
Flipkart commits to increasing employability for the differently-abled
Signed agreement with dept under Ministry of Social Justice and Empowerment, and skill council focused on such people
 "Flipkart commits to increasing employability for the differently-abled")
TVS Motor Co signs deal with Rapido to strengthen hyperlocal mobility biz
By signing this MOU, TVS Motor and Rapido are bringing together their strength in mobility and seamless technology platform, respectively, to deliver a winning proposition to this demanding user base
 "TVS Motor Co signs deal with Rapido to strengthen hyperlocal mobility biz")
Budget of homebuyers becoming flexible, says M3M's Pankaj Bansal
Incidentally, NCR-Delhi has also replaced Bengaluru as the startup capital of India and the growing startup and unicorn community is also exploring the residential sector for investments
Gross leasing of warehousing space in 5 cities up 11% in Jan-Mar
Gross leasing of industrial and warehousing space rose 11 per cent across five major cities to 6.2 million square feet during January-March period
 "Gross leasing of warehousing space in 5 cities up 11% in Jan-Mar")
Eduvanz raises Rs 50 cr in debt round as credit disbursal doubles in FY22
Onboards Oxyzo and Unifi AIF as new lenders; existing lenders, Vivriti and MAS, take incremental exposure
 "Eduvanz raises Rs 50 cr in debt round as credit disbursal doubles in FY22")
Agritech startup raises Rs 29 cr from investors for growth and expansion
Poshn said in a statement that it has "raised Rs 28.8 crore in seed funding, led by Prime Venture Partners and participation from Zephyr Peacock"
 "Agritech startup raises Rs 29 cr from investors for growth and expansion")