Page 134 - Companies

Ex-L&T Infotech CEO Sanjay Jalona joins ChrysCapital as operating partner

Sanjay Jalona will be based in the US, look after investments in the business services sector

Tech Mahindra Q1 results today: How company performed in last four quarters

Tech Mahindra Q1FY23 results: In the last quarter the company recorded a net profit of Rs 1,038 crore. In Q3FY22, it stood at Rs 1,329 crore

Tata Steel Q1FY23 result: How did the company perform in last four quarters

Tata Steel to announce Q1FY23 results on Monday; company plans Rs 12,000 cr investment in India and Europe

This year we have seen a massive shift to the cloud: SAP APJ president

Over the past decade SAP has been investing in creating business network capability, said Marriott

Godrej & Boyce bets on indigenous manufacturing, aims at 20% revenue growth

In its 125-year journey, Godrej and Boyce, the first Indian company to make typewriters, refrigerators and ballot boxes for Independent India's maiden election, still considers indigenous manufacturing as one of its core areas to fuel growth, an official said. Started with making of locks in 1897 and safes in 1902 by its founders Ardeshir and Pirojsha Godrej, the group's flagship company now has presence in construction, electrical and electronics, industrial engineering, appliances, furniture and aerospace, and aims at 15-20 per cent growth in revenue this year riding on its understanding on consumer insights and innovation, Sr VP and Head of Brand and Strategic Insights, Godrej & Boyce, Mehernosh Pithawala told PTI. The Mumbai-headquartered company clocked a revenue of Rs 11,800 crore in the 2021-22 fiscal, he said. The diversified conglomerate intends to strengthen its position as a global source of manufacturing with the world looking at a "China plus" policy and is planning ..

Q1FY23 results: Infosys net up 3% at Rs 5,360 cr, dips 6% sequentially

Revenue up nearly 24% YoY to Rs 34,470 cr; attrition rate rises to 28.4% in Q1FY23, from 13.9% a year ago and 27.7% in the immediately preceding quarter

Edible oil makers asked to remove packaging temperature from the labels

SEA executive director BV Mehta said that several oil companies in India have been resorting to the unfair practice of packing the oil at a higher temperature to reduce the weight

Fitch downgrades Jubilant Pharma to "BB-" indicating higher default risk

Rating agency foresees firm's financial leverage worsening as a rise in capex will coincide with lower profitability

RIL Q1FY23 results: A look at the company's performance in last 4 quarters

For Q4FY22, the consolidated gross revenue of Reliance Industries (RIL) stood at Rs 2.32 trillion, 35.1 per cent higher than the same quarter in the previous year

RBL Bank reports Q1 net profit at Rs 201 crore; asset quality improves

The bank's net profit rose 1.7 per cent from Rs 197.83 crore in Q4FY22

Hindustan Zinc beats estimates, Q1 net profit up 56% at Rs 3,092 crore

Revenue from operations increased to Rs 9,236 crore in Q1 versus Rs 6,378 crore last year

Edtech startup Creative Galileo raises $7.5 million in Series A funding

The latest round brings Creative Galileo's total funding to $10 million, including a pre-series A round of $ 2.5 million announced in October 2021

Adani Group approaches SBI for Rs 14,000 crore loan: Report

The application for the PVC plant comes just days after Adani Group secured a loan worth Rs 6,071 crore for a new copper refinery at Mundra, on June 26

448 notices served to e-commerce entities for violations of declaration

As many as 448 notices were served to e-Commerce entities for violations of the declaration during the last one year and nine months and approx Rs 78 lakh penalty was charged from companies

Renting apartments gets costlier for companies with new GST rates in effect

The rent of apartments for top executives will attract an 18 per cent Goods and Services Tax (GST)

Wipro Q1FY23 results: A look at the performance in the last four quarters

Ahead of Wipro's Q1FY23 results, data suggests the net income of Wipro saw growth in Q4FY22 and stood at $406.9 million. However, it was lower than the net income in Q1FY22, reported at $434.8 million

Netflix soothes Wall Street concerns with customer growth forecast

Netflix Inc averted its own worst-case scenario of subscriber losses, posting a nearly 1 million drop from April through June

DLF aims to double retail presence in 4-5 yrs, build new malls: Chairman

Realty major DLF Chairman Rajiv Singh has said the company has initiated the development of new shopping malls and looks to double retail portfolio in next five years

ADIA eyeing minority stake in Aditya Birla's health insurance arm: Report

The discussions for ADIA taking a minority stake in Aditya Birla Health Insurance Co Ltd are ongoing and expected to gain pace in the coming weeks

L&T Q1FY23 results: How the company performed in the last four quarters

Larsen & Toubro has seen a steady rise in net profits over the previous four quarters