Page 328 - Business Finance

Onward Technologies consolidated net profit rises 178.26% in the March 2019 quarter

Sales rise 5.87% to Rs 65.68 crore

Sical Logistics consolidated net profit declines 12.87% in the March 2019 quarter

Sales rise 14.62% to Rs 426.45 crore

Jubilant Life Sciences reports consolidated net loss of Rs 99.29 crore in the March 2019 quarter

Sales rise 5.77% to Rs 2352.15 crore

Aryan Share & Stock Brokers reports standalone net profit of Rs 0.23 crore in the March 2019 quarter

Sales rise 187.50% to Rs 0.46 crore

Engineers India standalone net profit rises 37.70% in the March 2019 quarter

Sales rise 20.19% to Rs 612.61 crore

Sita Enterprises reports standalone net profit of Rs 0.04 crore in the March 2019 quarter

Sales reported at Rs 0.08 crore

Sanghi Industries standalone net profit rises 42.10% in the March 2019 quarter

Sales rise 8.80% to Rs 275.96 crore

Spencer's Retail reports consolidated net profit of Rs 1.83 crore in the March 2019 quarter

Sales rise 3.67% to Rs 523.46 crore

UPL consolidated net profit declines 72.01% in the March 2019 quarter

Sales rise 49.80% to Rs 8525.00 crore

Ajmera Realty & Infra India consolidated net profit declines 15.09% in the March 2019 quarter

Sales rise 7.03% to Rs 122.54 crore

Glance Finance reports standalone net profit of Rs 0.34 crore in the March 2019 quarter

Sales rise 29.11% to Rs 1.02 crore

Birla Cable standalone net profit declines 42.87% in the March 2019 quarter

Sales decline 12.17% to Rs 100.36 crore

Sical Logistics standalone net profit rises 115.88% in the March 2019 quarter

Sales rise 22.72% to Rs 379.17 crore

Amazon invests in UK-based food delivery platform

Expanding its efforts into the online food-delivery market, Amazon led a $575 million investment in London-based food delivery company Deliveroo, which was once of interest to Uber and Uber Eats.

TTK Prestige allots 23.10 lakh equity shares

Under bonus issue

More Air India flights to Dubai from early June

Seeking to fill the void created by Jet Airways' suspension of operations and peak summer travel demand, state-run Air India has added capacity on the busy Delhi-Dubai, Mumbai-Dubai and Delhi-Mumbai sectors.

The conglomerate is dead, long live the conglomerate! (Column: Behind Infra Lines)

News headlines from across the world seem to suggest that conglomerates that dominated many industries for the past decades are seeing a seismic shift of business strategy.

Spencer Retail reports turnover of Rs 2,187 crore in FY 19, plans to acquire Nature's Basket

Spencer's Retail, part of the RP Sanjiv Goenka Group, reported turnover of Rs 2,187 crore for the year ended March 31 and announced a plan to acquire Nature's Basket, a wholly-owned subsidiary of Godrej Industries, for Rs 300 crore.Nature's Basket is a neighbourhood convenience store format grocery retailer with products ranging from fresh fruits and vegetables, fish and meat, artisanal bread, fast-moving consumer goods and staples.Spencer's is a multi-format retailer providing quality products across categories such as food, personal care, fashion, home essentials, electrical and electronics to its key consumers. It has specialty sections like epicuisine, gourmet, patisserie, wine and liquor."Nature's Basket will make Spencer's a truly national player, giving it access to the west of India through its 36 stores in Mumbai, Pune and Bengaluru," said Shashwat Goenka, Head of Retail and FMCG at the RP Sanjiv Goenka Group."These stores are located in prime residential locations, have a ...

Positive signs for Goa mining to be visible in six months: CM

Goa Chief Minister Pramod Sawant has said that some positive signs will be visible in the next six months as far as resumption of the mining industry in the state is concerned. The five-decade-old mining industry in the coastal state came to a standstill in March last year, after the Supreme Court quashed the second renewal of 88 iron ore mining leases. Addressing an event organised by Sesa Football Academy on Friday, Sawant said, "The state government would certainly ensure that the mining industry becomes operational once again." "We are trying our level best to restart the mining industry in Goa. Since the time I have taken over as the chief minister, things are changing. You will see positive changes towards the resumption of mining industry within the next six months," Sawant, who represents Sankhalim Assembly constituency, which is predominantly a mining belt, has held a series of meetings with the officials of mining companies earlier this week. The Goa ...

Charitable trust in Rajkot runs 'Roti Bank' to fight hunger

In order to ensure that no person goes to bed hungry, a charitable trust named Shree Bolbala Charitable Trust based in Rajkot has come up with an initiative to feed the needy.The initiative, called 'Roti Bank', has grown within a few months of its inception. With the help of auto-rickshaw drivers, the bank collects home-cooked rotis and later distributes it among not only the needy in the city but also to the patients in hospitals."There is a concept in Roti Bank. We collect rotis from more than 1000 households and every hour we are collecting. The volunteers collect two rotis from each household and then deliver to the needy across the city," said Jayesh Upadhyay, Trustee, Shree Bolbala Charitable Trust.Another member of the trust said, "We want to ensure that no one sleeps with an empty stomach. The idea of launching a roti bank came after we saw videos of such banks in Bihar and Punjab."Interestingly, apart from Rajkot, Aurangabad district of Maharashtra also has a 'Roti Bank' ...