Page 497 - Company News

Dabur expects single-digit revenue growth, flat operating profit in Q3FY25

In the domestic market, Dabur's HPC (home & personal care) is expected to grow in the mid to high single digits, while Health Care is expected to be 'flattish' due to the delayed winter onset

Tata Elxsi to partner with Qualcomm for next-gen mobility solutions

The company said it will showcase a live demonstration of its AVENIR SDV suite of solutions integrated with Qualcomm Technologies' Snapdragon Ride Flex SoC

Western Carriers India bags Rs 139 cr material handling order from Vedanta

As of March 31, 2024, WCIL reported sales of Rs 1,685 crore, a nearly 3 per cent increase from the previous year. The company's net profit stood at Rs 80.35 crore, translating to a 12-per cent on-year

Policy change, seasonal uptick to drive gains for United Spirits stock

The higher revenue is on account of changed policy in Andhra Pradesh, new launches and a higher share of the premium segment in the product mix

Tata Motors, M&M to get incentives worth Rs 246 crore under PLI scheme

The budgetary allocation for this scheme is Rs 25,938 crore

UPI moment for B2B payments: Bharat Connect likely to go live by March

The NPCI subsidiary, which will follow the model similar to TPAPs, is conducting pilots with eight companies

Sebi quashes Zee, Punit Goenka's settlement plea; expands investigation

The matter pertains to alleged violations of LODR regulations

PNB sees robust growth in deposits in Q3FY25; CSB Bank logs over 20% growth

South Indian Bank saw its advances outpace deposit growth in Q3FY25

Tesla records 1.1% sales drop for 2024, first annual decline in 9 years

The annual decline for the Austin, Texas, company came despite offers such as 0 per cent financing, free charging and low-priced leases

V2 Retail's revenue from operations increases 58.1% to Rs 591 crore in Q3

The value retailer reported revenue from operations of Rs 373.76 crore in the October-December quarter a year ago, V2 Retail told the BSE in a regulatory filing

Visakhapatnam Port signs Rs 300 cr deal for flyover to ease cargo traffic

Designed to improve traffic management and cargo evacuation, the project will cover the areas surrounding the port and critical parts of the city leading to it

Regaal Resources files draft papers with Sebi to raise funds via IPO

Kolkata-based agro-based company Regaal Resources Ltd has filed its draft red herring prospectus (DRHP) with market regulator SEBI to raise funds through an initial public offering (IPO).

Varun Beverages announces Rs 412 cr investment in South African subsidiary

Besides Bevco also has franchise rights from PepsiCo in South Africa, Lesotho and Eswatini

Black Box enters next growth phase with revamped GTM strategy: Ventura

Black Box, an Essar Group company, is a digital infrastructure integrator. Its portfolio includes data centre solutions, advanced networking solutions, AI-powered analytics and IoT-enabled devices

Akums announces new facility for lyophilized, sterile dosage manufacturing

Lyophilisation is the process of extracting water from drug particles at freezing temperatures, maintaining the drug's value and preserving the stability

JK Lakshmi Cement receives go-ahead from exchanges for amalgamation plan

For Udaipur Cement Works Ltd (UCWL), its shareholders will receive four shares of JK Lakshmi Cement for every 100 shares they hold in the company

Govt clears PLI incentive of Rs 246 cr sought by M&M, Tata Motors

According to sources, Tata Motors submitted an incentive claim of approximately Rs 142.13 crore based on determined sales in FY 2023-24

Royal Enfield reports 25% rise in total sales at 79,466 units in Dec 2024

Exports jumped 90 per cent at 11,575 units last month, as compared to 6,096 units in December 2023

Looking forward with hope to achieve growth at scale: Mahindra CEO

Shah said over the past year the group has accelerated its growth trajectory and its businesses are on an ambitious growth path and are firing on all cylinders

TVS Motor reports 7% increase in total sales at 321,687 units in Dec 2024

Domestic two-wheeler sales were up marginally at 215,075 units in December 2024