Page 2617 - Company News

Kansai Nerolac Paints' Q4 net profit rises 89 pc to Rs 123.62 crore

Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 2021

Moody's maintains negative outlook on Adani Transmission

Moody's Investors Service on Friday affirmed an investment grade rating of Baa3 with negative outlook on senior secured bonds of Adani Transmission Ltd (ATL).

Dabur's consolidated net profit rises 34% to Rs 377 crore in March quarter

Homegrown FMCG major Dabur India Ltd on Friday reported an increase of 33.98 per cent in consolidated net profit at Rs 377.29 crore for the fourth quarter ended March 2021

Amid spike in demand for medicines, Swiggy to prioritise pick-and-drop deliveries

The food delivery giant has reported a 350% rise in delivery of OTC medicines in 15 days

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

Anupam Rasayan to invest Rs 43 cr to set up a 12.5 MW solar power plant

Speciality chemical company Anupam Rasayan India on Tuesday said it will invest Rs 43 crore to set up a 12.5 megawatt (MW) solar power plant

Apple's app store chief fends off attacks in antitrust trial

Apple's top app store executive on Thursday faced an avalanche of documents unleashed by an Epic Games lawyer aiming to prove allegations that the iPhone maker has been gouging app makers

Mitsui aims to accelerate business in healthcare and nutrition segments

Japanese trading house Mitsui & Co Ltd aims to accelerate its business expansion in healthcare and nutrition, using Malaysian hospital group IHH Healthcare Bhd and other assets, its CEO said

Wall Street giants' outsourcing ops in India suffer as workers call in sick

A growing number of employees are either sick or scrambling to find critical medical supplies such as oxygen for relatives or friends

Amazon postpones Prime Day sale in Canada, India due to Covid-19

India, which is suffering severe shortages of medical equipment, on Thursday reported 412,262 new virus cases and 3,980 deaths, both daily records

Countries must help India in battle against Covid-19, says Deloitte CEO

Deloitte CEO Punit Renjen said the company is encouraging its 3,00,000 professionals across the globe to support three charities -- GiveIndia, United Way India and the PM cares Fund

At 21%, Cognizant sees highest IT attrition in January-March quarter

In the previous quarter, the company's attrition rate was lower at 19 per cent, though the level was 22 per cent in the January-March 2020

Jeff Bezos sells $2.5 billion of Amazon and signals more coming

Jeff Bezos, the world's richest person, continues to hold more than 10% of Amazon.com.

Study finds slightly increased blood clot rates after AstraZeneca Covid jab

A large study in Denmark, Norway has found slightly increased rates of vein blood clots, including in the brain, among adults who had received their first dose of the Oxford-AstraZeneca Covid vaccine

Delhi falls to 32nd in Knight Frank's global prime property index

New Delhi's rank declined to 32nd among global cities in terms of prime residential properties

Mahindra Group to open MADE, a design centre for mobility products in UK

The firm will be the second from India to enter UK for designing cars and SUVs, after Tata Motors set up the European Technical Centre in Coventry in 2005

Private equity players divided on reason for decline in exit deals

According to data from VCC Edge which tracks PE investments, in the first quarter of the calendar year, the value of total PE exit deals has fallen by 7 per cent to hit $1,938 million

Amid rise in raw material costs, margin pressures to weigh on tyre stocks

Tyre companies may not be able to fully pass on the surge in raw material costs

RIL seeks nod to bring in Israeli experts for Covid-related training

Reliance Group signed a $15 million deal in January with BOH to distribute the firm's swift Covid-19 breath testing system

Fighting Covid: JSPL ramps up daily oxygen supply limit to 120 tonnes/day

Jindal Steel and Power Ltd (JSPL) on Thursday said it has ramped up its daily oxygen supply limit to 120 tonnes/day for the treatment of COVID-19 patients.