Page 2480 - Company News

Q1 show, lower licence fee, work on Western Corridor drive gains in Concor

Most brokerages upgraded the stock on hopes of margin improvement in FY22

No error of judgment in PNB Housing-Carlyle deal: PNB MD Mallikarjuna Rao

Subsequent rise in share prices of the mortgage lender post the announcement could not have been anticipated, he asserts

Bharti Airtel posts net profit of Rs 284 cr in Q1, misses street estimates

Operating performance saw improvement and was ahead of expectations

CarTrade IPO to open between August 9-11, to raise about Rs 3,000 crore

Offer priced at Rs 1,585-1,618 per share. With no fresh issue, IPO is a complete offer for sale

Bankers to discuss impact as Birla offers to give up stake in Voda Idea

Some issues beyond its control - spectrum payment and adjusted gross revenue dues - have created pressure, which the government is attempting to address

India will be short of 3.5 million cybersecurity jobs by year-end

According to a study by job portal Indeed, cybersecurity jobs saw a jump of 6 per cent in May 2020, just when Covid-19 started impacting IT

Tesla's duty cut demand reopens debate between domestic and foreign players

Analysts also believe an import duty cut on EVs will spur growth and help create a market for high-end vehicles

Serum Institute may start Covid-19 vaccine trials on kids in August

SII will conduct trials on those aged between two to 17 years

Focus on capital formation is the best way to create employment: L&T CEO

In a Q&A, S N Subrahmanyan says he is confident of margins through overhead recovery despite high input costs

Nykaa IPO: first profitable unicorn, led by women, to tap public markets

The online beauty aggregator is looking to raise Rs 525 crore via fresh equity. According to media reports the company intends to raise a total of Rs 4,000 crore

Money laundering case: ED arrests Avantha Group's Gautam Thapar

The agency arrested him following searches at 14 locations, including Mumbai and Delhi.

ABL Indira JV bags Rs 350 cr project to upgrade police infra in Maldives

ABL Indira Projects on Tuesday said it recently signed a contract worth Rs 350 crore with the Maldives Police Service.

Zee founder Subhash Chandra settles 91.2% of debt with 43 lenders

About 88.3% of the amount has been paid, while the remaining 2.9% is in the process of being paid, he says

Dabur India's profit after tax jumps 28.4%, beats pre-Covid levels

The firm reported a 28.4 per cent jump in its profit after tax (PAT) on a year-on-year basis

Adani Enterprises Q1 FY22 consol PAT at Rs 271 crore, up 9 times YoY

The company's topline more than doubled in the period under review to Rs 12,579 crore from Rs 5,265 crore in the corresponding period last year

Adani Ports' net profit jumps 77% to Rs 1,342 crore in June quarter

Its total income during the latest June quarter rose to Rs 4,938.43 crore, against Rs 2,749.46 crore in the year-ago period

Godrej Properties posts Rs 17 cr profit in Q1; sales bookings down 68%

Total income rose to Rs 261.99 crore in the first quarter of this fiscal from Rs 195.66 crore in the corresponding period of the previous year.

Shrem Group aims to raise Rs 600 cr by diluting stake in InvIT next week

Shrem Group is targeting to raise Rs 600 crore by diluting a 15 per cent stake in its infrastructure investment trust (InvIT) next week, a top official said on Tuesday.

Ola Electric to ride into two-wheeler market with scooter launch on Aug 15

Ola to share full specs and details of the electric scooter and the availability dates on the launch day

Bhavin Turakhia's email startup Titan raises $30 mn, valued at $300 mn

It's the first funding raised by Titan. Along with investment from Automattic, Titan will also be able to leverage the huge presence of WordPress across the globe