Page 2622 - Company News

Covid impact: SpiceJet defers up to 50% salary of most employees in April

SpiceJet had been facing financial issues even before the second wave of the coronavirus pandemic hit the country in March 2021

RIL ramps up production of medical grade liquid oxygen to 1,000 MT per day

Reliance Industries has now become the country's largest producer of medical grade liquid oxygen from a single location

Hyundai Motor India's total sales decline 8% to 59,203 units in April

Domestic sales stood at 49,002 units, while exports were at 10,201 units last month, the company said

Serum Institute plans to start vaccine production outside India: Report

Adar Poonawalla said last week that the Serum Institute would be able to raise its monthly output to 100 million doses by July

JCB India halts all operations for 10 days citing coronavirus surge

The company said it had sufficient inventory levels to support the demand for products during the pause period

Boeing announces $10-million aid as coronavirus cases explode in India

Boeing will partner with local and international relief organisations and deploy the emergency fund in the areas of greatest need

World's largest sovereign fund makes provision for India capital gains

Norway fund has investments across sectors in India, shows latest disclosures

Amid Covid-19 second wave, headwinds visible for India's FMCG sector

Second wave and weak sentiment are likely to impact consumption

Covid restrictions, competitive pressures may impact Titan's growth

Margin pressures, valuations too weigh on the stock

Asset quality, second Covid-19 wave concerns weigh on AU SFB stock

Gross NPA ratio spiked to 4.25 per cent in March quarter from 1.68 per cent a year ago

India vs US listing: Zomato may be test case for start-ups waiting in wings

The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies

Reliance Industries' profit more than doubles to Rs 13,227 crore in Q4

Company beats the Street on top line and Ebitda

Amazon continues to reap benefits from pandemic as profit more than triples

It also posted revenue of more than $100 billion, the second quarter in row that the company has passed that milestone

Ujjivan may move resolution again to appoint Samit Ghosh MD & CEO

The firm is reaching out to shareholders again in this issue after they voted against Ghosh earlier

IndusInd Bank net profit jumps 194% in March quarter on low provisions

The profit after tax grew to Rs 926 crore, from Rs 315 crore in the year-ago period

Tata Power considering a $473-million IPO for its renewable energy unit

The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust

Marico net profit up 14% in Jan quarter; revenue up 34% on low base

The company's domestic consumer business contributes nearly 77 per cent to overall top line

Reliance Retail revenue up 25% in March quarter on strong recovery

Profit for the quarter also surged on the back of strong operational performance

Jio Platforms net profit jumps 47% in January-March quarter to Rs 3,508 cr

On a sequential basis, it was a weak show with a fall in ARPU, flat profit growth

TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today

Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; was heading financial analytics before this announcement