Page 455 - Company News

Gail Q3 results: Consolidated net profit up 27.7% to Rs 4,081 crore

One-time exceptional gain of Rs. 2440 crores from international arbitration boosts revenue

Bank of Baroda Q3: Net profit rises 5.6% on non-interest income support

Reports muted NII growth; Guides for NIM of 3.0-3.10%

Companies in India not using IBC enough to resolve insolvency: IBBI chief

IBBI data suggests that the share of CIRPs initiated by corporate debtors or companies is declining over time

Four dead in slab collapse at JK Cement unit in MP's Panna, rescue ops over

The deceased have been identified as Ansar Alam (34), Masood (32), Musfir (36), all residents of Purnia, and Rohit Khare (32) of Simaria

Whirlpool intends to bring down stake in India unit to around 20% in 2025

It currently holds 51% stake

After Fronx, Maruti Suzuki India starts exporting Jimny to Japan

MSIL launched the Jimny in India in June 2023 and started exporting it to various countries in Latin America, the Middle East, and Africa from October 2023

Brookfield REIT Q3: NOI grows 11% amid rise in occupancy, gross leasing

The REIT declared a distribution of Rs 4.9 per unit for the quarter

Airtel Africa Q3 results: Net profit rises to $133 million, revenue up 2%

Appreciation in key currencies give exceptional gain of $94 million to company

Max Healthcare Q3 results: PAT drops 17.4% to Rs 289 cr, revenue up 40%

Hospital chain to set up 500 bed hospital in Thane on built-to-suit basis, focus on brownfield expansion

Adani Enterprises Q3FY25 results: Net profit plunges 96.9% to Rs 58 crore

Profit before interest, depreciation, and tax (PBIDT) for the company was flat at Rs 3,723 crore on a year-on-year (Y-o-Y) basis

FMCG major Dabur to undertake price hikes in toothpaste, fruit juices

Company record net profit of Rs 522 crore, revenue rises 3.1% in Q3

Biocon Q3 results: Net profit at Rs 25 cr, revenue at Rs 3,821 crore

It also reported a profit before tax (PBT) of Rs 155.9 crore, down 80.8 per cent in Q3FY25

Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs

The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations

Shell raises shareholder dividend despite 16% profit drop; shares rise

The oil major also announced a $3.5 billion share buyback for the current quarter, making this the 13th consecutive quarter of at least $3 billion of share repurchases

Wipro bags multi-million dollar deal from Etihad Airways for IT upgrade

Wipro will ensure seamless migration of legacy systems and improve operational efficiency across key areas, including workplace, network, infrastructure, and service management

Budget an opportunity to bolster supply chain sector: Mahindra Logistics MD

Swaminathan also said that by prioritising infra investments across highways, expressways, multi-modal transport networks, and logistics parks, the government can catalyse sectoral transformation

Coromandel International Q3: Net profit more than double to Rs 508 cr

The company's total income for the quarter ended December 2024 was Rs 7,049 crore versus Rs 5,523 crore for the quarter ended December 2023, up 28 per cent

'Law misused': Kris Gopalakrishnan responds to SC/ST Act case against him

Infosys co-founder says Karnataka High Court has stayed proceedings against him in case involving his work as chairman of Indian Institute of Science's council

India helping leverage sales potential in Asean, West Asia: Skoda CEO

With its tremendous talent pool, growing consumer demand, and access to other markets, India is becoming the Czech carmaker's second pillar outside Europe

Sebi imposes Rs 7 lakh fine on Motilal Oswal for violating broker rules

In its probe, the regulator found that Motilal Oswal Financial Services did not resolve 26 complaints within a period of 30 days