Page 2192 - Company News

Max India reports Rs 5.7 crore consolidated net loss in December quarter

Total income rose to Rs 42.83 crore in the third quarter of this fiscal from Rs 34.20 crore in the corresponding period of the previous year

Aavishkaar Capital, KfW launch $250 million ESG First Fund

The fund will focus on strengthening the Environmental, Social and Governance (ESG) practices of mid-cap businesses

Uttam Galva Steels net loss soars to Rs 59 crore in December quarter

Uttam Galva Steels Limited posted a consolidated net loss of Rs 59.64 crore during the third quarter ended on December 31, 2021.

Cosmo Films Q3 net profit rises 66% to Rs 104.4 crore; revenue up 35%

In a separate filing, Cosmo Films said its board on Tuesday declared a second interim dividend of 100 per cent, or Rs 10 per equity share

RPG Life Sciences net profit rises 14% at Rs 15 crore in third quarter

RPG Life Sciences said its net profit increased 14 per cent to Rs 14.63 crore for the third quarter ended December 31, 2021.

Raymond Q3 net profit at Rs 101.07 crore, income rises 48.25%

The company had posted a net profit of Rs 22.18 crore during the October-December of the previous fiscal

Food delivery startup RailRestro sees 50% decline in sales amid Covid surge

The IRCTC-authorised food partner has termed the present crisis as a "blip"

Consumer goods giant Unilever cutting 1,500 management jobs

Unilever, which makes Vaseline skin care products and Ben & Jerry's ice cream, says it's laying off 1,500 staff as part of a company-wide restructuring.

Ola Electric CEO Bhavish Aggarwal hints at electric car launch soon

Ola Electric is likely working on an electric car as its CEO and Founder Bhavish Aggarwal has dropped hints of the company's prospective entry into the sector.

2021 sees 22% jump in advertising volumes after pandemic-hit 2020

After getting impacted by the onset of COVID-19, television advertising bounced back in 2021, with a 22 per cent jump in the overall volumes at 1,824 million seconds, as per a report.

Sterlite Technologies bags around Rs 170 crore deal from Power Grid

The company said it has already been supplying optical fibre cables and has developed a communication network for Power Grid Corporation of India Ltd

M&M top brass promises urgent remedial action in farmer humiliation row

M&M chairman Anand Mahindra said in a tweet: ' Core Purpose of @MahindraRise is to enable our communities & all stakeholders to Rise. And a key Core Value is to uphold the Dignity of the Individual.'

Airtel looking to onboard strategic investor via equity allocation: Report

Bharti Airtel has notified the exchanges that its board will on January 28 consider a proposal for issuance of equity capital through a preferential issue

Top headlines: FRL turns down Amazon bailout offer; Maruti Q3 net falls 48%

Business Standard brings you the top headlines on Tuesday

'Completed all steps of retro tax repeal law, entitled to Rs 8k-cr refund'

'Company has concluded all necessary steps under the rules of the India Taxation (Amendment) Act 2021 required for payment by Govt of India of a tax refund of approximately Rs 7,900 cr,' says Cairn

BPCL to invest Rs 10,000 cr in six new city gas licences in next 5 years

BPCL on Tuesday said it will invest Rs 10,000 crore over the next five years in setting up city gas distribution networks in the cities for which it secured licences in the latest bidding round.

FRL's independent directors accept Reliance's bailout offer, reject Amazon

Independent directors of Kishore Biyani-led Future Retail Limited told Amazon its offer to provide Rs 3,500-cr funding was 'a game of smoke and mirrors'

Working with AWS to meet growing demand for online learning: upGrad

upGrad has moved the vast majority of its IT infrastructure to AWS, a move that has helped the higher education technology provider rapidly scale to meet the burgeoning demand for online education

Smartron Group secures up to $200mn capital commitment from GEM Group

Smartron has signed an agreement with Global Emerging Markets Group (GEM), wherein the alternative investment organisation will provide a share subscription facility of up to USD 200 million

Akasa Air take off likely in late May or early June: CEO Vinay Dube

Seeking to further democratise air travel with dependable and affordable services, Akasa Air likely to start flights in late May or early June after getting its first Boeing 737 MAX aircraft in April.