Business conglomerate Godrej Industries Ltd on Tuesday reported an 81 per cent increase in consolidated net profit at Rs 322.49 crore for the April-June quarter of 2024, on higher income.
Its net profit stood at Rs 178.06 crore in the year-ago period.
Total income increased to Rs 5,259.41 crore in the April-June period of 2024-25 fiscal, from Rs 4,893.40 crore in the corresponding period of the previous year, according to a regulatory filing.
Godrej Industries has presence in chemicals, estate management (real estate), finance & investments.
On business performance of its subsidiaries, joint ventures and associate companies, Godrej Industries said the consolidated sales of Godrej Consumer Products Ltd (GCPL) stood at Rs 3,311 crore in the first quarter of this fiscal.
Godrej Properties' total Income grew to Rs 1,638 crore in April-June period of this fiscal, from Rs 1,315 crore in the year-ago period.
Godrej Agrovet's total income declined to Rs 2,360 crore in the period under ..

Godrej Industries has presence in chemicals, estate management (real estate), finance & investments

Press Trust of India

Patel Engineering Ltd on Tuesday reported a 25.81 per cent rise in its consolidated net profit to Rs 48.17 crore in the April-June quarter of 2024.
It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing.
The company's revenue from operations declined by 1.52 per cent to Rs 1,101.66 crore in the June quarter.
It was at Rs 1,118.61 crore in the year-ago period.
Patel Engineering's Managing Director Kavita Shirvaikar said, "Our focus remains on delivering long-term value for our stakeholders while continuously enhancing operational efficiency and output."
"With this strong foundation in place, we are poised to build a brighter future for Patel Engineering Limited and creating lasting value for India's infrastructure development," she added.
The Mumbai-based engineering, procurement, and construction firm has a strong presence in tunnels and underground works for hydroelectric and dam projects.

It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing

Nykaa Q1FY25 results: Ebitda surged over 30% Rs 96 crore in April-June quarter compared to Rs 73 crore last year

Business Standard

German chemical major HELM AG and agrochemical firm Parijat Industries (India) Ltd on Monday announced a wide-ranging strategic partnership covering digital commerce, branded crop protection products, technical manufacturing and international distribution.
The collaboration will bring together HELM's global agri-input portfolio and technology platforms, including portfolio company PEAT GmbH, which runs the Plantix digital agriculture platform, with Parijat's manufacturing base, global distribution network and formulation capabilities, according to a statement.
As part of the pact, Parijat will acquire a retailer-focused digital commerce platform along with its retailer database to strengthen procurement efficiency, market access and distribution reach.
The company will also collaborate with the Plantix team to leverage its farmer connect and demand-generation capabilities, including exclusive direct-to-farmer marketing features.
The deal further paves the way for a new brand line i

Farmer, Agriculture

The company will also collaborate with the Plantix team to leverage its farmer connect and demand-generation capabilities, including exclusive direct-to-farmer marketing features.

India's state-owned KABIL is expected to start lithium extraction in Argentina in ​the next four to five years after completing project ​feasibility, a parliamentary panel report on its ops said

Lithium-ion cells

Reuters

The Annual General Meeting of Tata Sons, scheduled for Tuesday, is likely to be adjourned as Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, is unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, people familiar with the matter said.
The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February.
As per a notice circulated by the company earlier, the AGM is scheduled to be held on Tuesday, August 18, 2026 at 2:30 pm through video-conferencing or other audio-visual means.
Apart from taking up Chandrasekaran's renomination as director, the Tata Sons AGM is also supposed to consider and approve the standalone and consolidated financial statements of the company for fiscal year ended March 31, 2026 and to declare dividend on ordinary shares of the company for

bombay house tata

The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February

Earlier this month Jio Financial Services and BlackRock ‌launched ​the JioBlackRock Nifty ​50 ETF, marking the joint venture's entry into India's fast-growing exchange-traded fund market.

Mutual Funds, stock market trading, equity fund

Food delivery aggregator Swiggy on Monday announced the rollout of its AI Assistant 'Guru' for its restaurant partners, to track payouts and monitor the performance of their campaigns across over 720 cities and accessible to 2.7 lakh restaurants.
Menu insights on Guru allow partners to add items, generate descriptions, and highlight top-selling items to deliver personalised insights, by analysing the category performance and what is working for them, Swiggy said.
Rohit Kapoor, CEO, Swiggy Food Marketplace said, "Today, AI has redefined how businesses operate and is driving higher efficiency across industries. Having partnered with restaurants for over 12 years, we understand the operational demands and constant multi-tasking that our partners navigate every single day".

AI assistants are evolving from answering questions to remembering users' preferences and digital context, bringing privacy, data security and user control into sharper focus.

Swiggy announced its AI Assistant 'Guru' for its restaurant partners, to track payouts and monitor the performance of their campaigns across over 720 cities and accessible to 2.7 lakh restaurants.

The two organisations signed a Memorandum of Understanding (MoU) to create greater awareness among MSMEs about equity financing, particularly through the BSE SME platform

MSME credit scheme, aviation sector India, Emergency Credit Line Guarantee Scheme, ATF prices, West Asia crisis, airlines India

The lender expects its cost of funds to fall to 9.75-9.8 per cent after its AA- rating upgrade and plans to raise the non-JLG portfolio share to 40 per cent in two years

Muthoot Microfin

Ati Robotics plans a US manufacturing plant, while Addverb and Novus Hi-Tech are developing physical AI robots for industrial and defence applications and exports.

Robodog, quadruped robot, robot

NSRCEL plans specialised sector centers and AI tools to expand its entrepreneur network toward one million

IIM BANGALORE

Funding accelerated in 2026 despite fewer rounds, as investors backed mature chip ventures and government-supported companies attracted private and strategic capital

semiconductors chipmakers

The IIT Madras alumni-founded company is using AI agents to accelerate the discovery of semiconductor materials and has released hundreds of AI-discovered materials alongside a new industry benchmark

L_R Discovered Materials co-founders Co-founders  Akash Ramdas and Advaith Sridhar

Sinha will take over as chairperson for a three-year term from October 1 after Mittal concludes his tenure and exits the payments bank's board on September 30

Airtel Payments Bank

Mittal, founder and chairman of Bharti Enterprises, was appointed non-executive chairman of Airtel Payments Bank in April 2016

Maheshwari also delved into the company's offline expansion, acquisitions and artificial intelligence (AI) strategy

Prateek Maheshwari Cofounder, PhysicsWallah

Krishna Jonnalagadda believes power is the main constraint in building artificial intelligence data centres

Krishna Jonnalagadda, global chief technology officer, GE Vernova

Ashwani Kumar, Managing Director and Chief Executive Officer (MD&CEO), UCO Bank

We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar

Pham Sanh Chau

VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

Yogesh Mathur, Director-Sales & Marketing, HMSI

Two-wheeler demand likely to remain tepid until festival season, says HMSI

JSW joint managing director and chief executive officer Jayant Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations

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