Page 3288 - Company News

Nestle India pre-tax profit rises 18% to Rs 614.6 crore in Dec quarter

Nestle, which follows a January-December financial year, also declared its yearly income for 2019

CG Power's board battle led to value destruction for shareholders: Report

The research also said that KKR India may have had a role in the unfolding of events at CG Power, since the private equity investor had debt exposure to the holding company Avantha Holdings

BPCL net trebles to Rs 2,051 crore in Q3, revenue dips on low oil prices

BPCL had posted a net profit of Rs 698.62 crore in October-December 2018

Panasonic eyes 6% growth in FY20 to reach Rs 12000-cr sales target in India

The company expects that smart range would consist a substantial chunk of its consumer appliances business in coming years

Nestle India posts 38.4% rise in net profit at Rs 473 crore for Dec quarter

Net sales rose 8.75 per cent to Rs 3,130.74 crore during the quarter under review

Aptronix expands retail footprint, opens six outlets in Tamil Nadu, Kerala

The stores in Chennai have been set up in Phoenix Market City-Velachery, Khader Nawaz Khan Road-Nungambakkam, Marina Mall and in East Coast Road.

Havells India eyes Rs 600-700 cr revenue from water purifier business

The company now boasts of 20 products in the water purifier business segment

LIC IPO can take time, process may extend beyond FY21, says Macquarie

The investment banking and financial services firm in a note cast doubt on chances of LIC hitting the IPO market in next financial year (FY21) following its interactions with actuaries and valuers

Air India Express expects Rs 5,000 cr revenue in FY20, profit surges 283%

Air India Express is also scheduled to launch its flight services to Abu Dhabi and Doha from Tiruchirappalli, starting March 28 this year.

Vodafone Idea reports consolidated loss of Rs 6,438.8 cr in Dec quarter

The quarterly results come as Vodafone Idea and other Indian telecom firms are pressured by government demands to pay $13 billion in overdue levies in a long-contested dispute

Podcast: How organisations are promoting International Women's Day

National carrier Air India will be flying 12 international flights as well as 40-plus domestic flights with an all-women crew on Women's Day

SUV Urus attracts 75% first-time Lamborghini buyers in India: Country head

With a 20% share, Lamborghini India claims to be a market leader of the industry

Apollo Hospitals PBT grows 41 per cent, expects momentum to continue

Total income grew 16.5 per cent to Rs 2921.40 crore during the quarter, as against Rs 2507.53 crore in the same period of previous year

Agritech platform Clover raises $5.5 mn from investors including Omnivore

The company said in a statement that it has raised this amount in Series A funding from Omnivore alongside existing investors Accel and Mayfield

Etihad to add daily flight on Abu Dhabi-Thiruvananthapuram, Chennai route

Etihad Airways will operate an additional daily flight on the Abu Dhabi-Thiruvananthapuram route and on the Abu Dhabi-Chennai route just for the month of May using its narrow-body aircraft.

CG Power's boardroom battle has destroyed value for shareholders: InGovern

According to Thapar, the events at CG Power have been orchestrated by the lenders

BNY Mellon looking to add 1000 more to its 13,000 employee base in India

The bank's employees are spread across two centres in Pune and Chennai, and handle both operations as well as technological functions

Lockheed Martin ready to help India on Tejas fighter, AMCA projects

India is also working on an ambitious $5 billion project to develop a fifth-generation medium weight deep penetration fighter jet to significantly bolster its air power capability.

Apollo Hospitals posts consolidated net profit at Rs 89.95 cr in Q3

The consolidated total income for the quarter under review grew to Rs 2,921.40 crore from Rs 2,507.53 crore registered the same period a year ago

JLR launches BS-VI variant of Discovery Sport, priced at Rs 57.06 L

Built on the new Land Rover Premium Transverse Architecture, Discovery Sport provides greater capability and has all-wheel drive and hill descent control to make the hardest of drives seem effortless.