Page 2315 - Company News

India Inc earnings hit record Rs 2.4 trillion in September quarter

Banks, oil & gas, metal firms lead 46.4% rise in profit in Q2

Tata Motors 'punches' its way to pole position in SUV market in October

Riding on new SUV Punch, it zips past M&M, Hyundai and Kia

Teething issues remain for Hindustan Petroleum and ONGC merger

Purchase of government stake in ONGC leaves firm with tight cash positiongov

After bumper listing, Nykaa reports 96% decline in Q2 net profit

Revenue up 47% YoY to Rs 885 crore

Amazon Seller Services gets fresh fund infusion of Rs 1,460 cr from parent

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,460 crore into one of its India units, Amazon Seller Services, according to regulatory documents.

Amazon never intended to invest in FCPL: Future Retail directors to CCI

The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations

Realty rally likely to continue as Street upbeat on prospects

Analysts say investors should moderate return expectations; DLF and Macrotech top picks

VA Tech WABAG reports consolidated Q2 net profit at Rs 25.93 cr

Water treatment player VA Tech WABAG Ltd has reported consolidated profit for the quarter ending September 30, 2021 at Rs 25.93 crore.

Legrand to focus on IoT, automation; scouting for more acquisitions

Legrand expects IoT, energy efficiency, connectivity, and user-interface product verticals to drive its business in India, contributing the bulk of its revenue, over the next few years.

Saya Homes to invest Rs 200 cr in new shopping mall in Noida

Realty firm Saya Homes on Sunday said it will invest around Rs 200 crore over the next two years to develop a shopping mall in Noida as the company expects retail sector to bounce back post-Covid-19.

In talks with MNCs pharma cos for acquisition of brands: Bafna pharma

Pharmaceuticals formulations major Bafna Pharmaceuticals Ltd was in advanced stage of discussion with some multi-national pharma companies for acquisitions of brands, a company official said.

Amazon's internal mails show it misled CCI: Future Retail ind directors

This is second such letter in less than a week that accuses the American ecommerce giant of concealing information and requests CCI to revoke the nod it gave to Amazon-Future Coupons Private Ltd

Global investors placing emphasis on companies' ESG performance: Survey

A percentage of investors around the world are paying more attention to companies' ESG performance when making investment decisions and may divest from firms with poor environmental track records

Aster DM Healthcare to expand in India with Rs 900 cr capex over next 3 yrs

Aster DM Healthcare is planning around Rs 900 crore capital expenditure over the next three years to expand its presence in India

Paytm share allocation at Rs 2,150 apiece likely on Tue after SEBI approval

Paytm is likely to allocate shares at the upper price band of Rs 2,150 apiece on November 16 after SEBI's approval that is expected to come on Monday

Ashu Suyash appointed independent director on HUL Board

Suyash was, until recently, the Chief Executive Officer and Managing Director at CRISIL

Puravankara's sales bookings up 20% in Sep quarter to Rs 597 crore

Realty firm Puravankara Ltd's sales bookings grew by 20 per cent to Rs 597 crore during the second quarter of the fiscal on higher volumes and price realisation.

Demand recovery at home and abroad, price uptick may prop Tata Steel stock

The street will also keep an eye on pace of debt reduction and cash flows

Glenmark Pharma PAT grows 10.1%, revenue grows 6.6% in Sept quarter

Glenmark Pharmaceuticals Limited announced its financial results for the second quarter ended Sept 30, 2021.

Apple to pay $30 mn to store workers forced to submit to bag checks

Apple Inc. agreed to pay $29.9 million to employees at its stores who were forced to submit to security bag checks -- off the clock -- when they left work after or during their shifts.