Page 812 - Company News

Britannia expects double-digit volume growth after election: MD Varun Berry

The company is "hopeful of recovery in consumption" this fiscal year with an expectation of stable inflation and a good monsoon

GCPL posts loss after tax of Rs 1,893.21 cr in Q4; Rs 10 dividend announced

Consumers are spending more on a variety of the company's offerings, from Cinthol soap to Godrej Expert hair colour

KKR acquires Bengaluru-based medical devices company Healthium MedTech

According to sources close to the deal, the value of the acquisition is Rs 6,500-7,000 crore

Muthoot Microfin Q4 results: Net profit jumps 27% to Rs 120 crore

The non-banking finance company had reported a profit after tax (PAT) of Rs 94.56 crore in the corresponding fourth quarter of FY23, according to a regulatory filing

Jet Airways founder granted interim bail for 2 months on medical grounds

A single bench of Justice N J Jamadar said Goyal shall pay a surety of Rs 1 lakh and not leave Mumbai without prior permission from the trial court

TI Clean Mobility to raise Rs 580 crore from GEF Capital Partners

TICMPL focuses on creating electric vehicle (EV) native commercial vehicle platforms across three-wheelers, tractors, and small and heavy commercial vehicles

Adani's Dhamra LNG in talks with banks to borrow $600 million for gas unit

The conglomerate is regaining the confidence of investors since being targeted early last year by US short seller Hindenburg Research

Analysts wary of Vodafone Idea's falling subscribers, broadband users

'Recent fundraise could have a bearing on subscriber additions '

Reliance renews bid for US licence to import Venezuelan oil: Report

French oil producer Maurel & Prom separately on Monday said the US on Friday granted it a licence to conduct oil and gas operations in Venezuela for the next two years

Impact of divisions in family businesses: Motivations and consequences

By embracing a proactive stance towards addressing emerging challenges, family conglomerates such as Godrej could potentially have emerged as global powerhouses

SC to hear Serum's plea challenging amendment to IT Act on May 17

With this plea, it also challenged the Bombay High Court's order that dismissed its petition against a 2016 amendment to the Income Tax Act

Robinhood Crypto gets Wells notice from US Securities, Exchange Commission

A Wells notice does not necessarily mean that recipients have violated any law. The SEC issues Wells notices to firms when it is planning to bring enforcement action against them

ICICI Pru Life launches ULIP having fund value-based distributor payouts

Customers can choose from an array of 21 funds under this product, which includes 13 equity funds, four debt funds, and four balanced funds. Additionally, they can choose from 4 portfolio strategies

Drone Destination partners Iffco for spraying agri products on 3 mn acres

The drones will spray IFFCO Nano Urea, Nano DAP, Sagarika, IFFCO MC Agro-Chemicals and other IFFCO and IFFCO joint venture's agri products, with the aim of enhancing agricultural productivity

Arvind SmartSpaces Q4 results: Net Profit rises 67% to Rs 15 crore

During 2023-24 fiscal year, the company's net profit increased to Rs 41.57 crore from Rs 25.60 crore in the preceding year

ICICI Bank enables UPI payments in India for NRIs via int'l mobile numbers

According to the bank, this will significantly enhance convenience of making everyday payments

Genpact partners with TeamLease to hire over 5,000 graduate apprentices

Apprenticeships have emerged as indispensable talent supply chain interventions across various industries, specifically in the last 4-5 years

Hexaware acquires US-based Softcrylic to strengthen data capabilities

Softcrylic specialises in tackling complex data challenges, from data capture and validation to data modelling and activation

Petrobras loads diesel from RIL on crude tanker in India after delay

The larger shipments will likely ease downward pressure on an oversupplied Asian diesel market and create a price floor for the current market, the sources said

FirstCry's parent company Brainbees Solutions re-files documents for IPO

The Securities and Exchange Board of India (Sebi) had asked the company to re-file the draft documents due to inadequate disclosure of key performance indicators (KPIs)