Page 139 - Companies

Uber to show drivers destination before they decide on trip request

Firm says it has raised rates to cushion impact of rising fuel prices on drivers' earnings

APM Terminals Pipavav's Q4 net profit increases 10% to Rs 72 crore

APM Terminals Pipavav (Gujarat Pipavav Port Ltd) on Thursday reported a 10 per cent rise in net profit at Rs 72.4 crore for the quarter ended March 31, 2022.

Solar PV module manufacturer Waaree Energies bags orders worth $2.37 bn

Domestic solar PV module manufacturer Waaree Energies on Thursday said it has secured new orders worth USD 2.37 billion from customers in the domestic and international markets. The orders are for supplying high-efficiency bifacial solar panels of 540Wp (watt peak) and 600Wp, Waaree Energies said in a statement. These panels will be produced in Waaree's manufacturing facility using M10 and M12 cells. "These orders are consistent with the Indian government's vision of Atmanirbhar Bharat, and will bring in more than USD 2 billion in foreign exchange while creating hundreds of job opportunities. These orders will enable us in strengthening our market position as we diversify our clientele and expand into newer markets," said Hitesh Doshi, Chairman & Managing Director, Waaree Energies. Waaree currently has a 4GW PV module manufacturing capacity and plans to add another 5GW by December 2022. The 4GW solar cell manufacturing capacity is expected to be operational by March 2023. Waaree

Firms leaving Russia caving to public pressure, not making a difference

Many companies cut ties with Russia in response to the pressure to support Ukraine from governments, investors, consumers, competitors and the general public. Some even made hefty financial sacrifices

WEF 2022: Over 50 govt heads, 1250 leaders from pvt sector to meet in Davos

The World Economic Forum said the Annual Meeting 2022 will focus on 'history at a turning point', the theme of the summit

Walton family loses $27 bn in wipeout after Walmart cuts profit outlook

Walmart, controlled by the family, fell 11 per cent in New York trading after the Bentonville, Arkansas-based company reported earnings that lagged analysts' estimates

Greenko setting up world's largest RE storage plant at $3 bn investment

The project is expected to be commissioned by 2023, Kolli said

WEF 2022: How digitalisation of industries can improve quality of life

Digital transformation bringing out the best in humans, in collaboration with machines and algorithms.

Cost pressure

Higher cost can affect margins of listed firms

Investing all my money in biz not best way to grow wealth: Ambit's Wadhwa

Veteran financier Ashok Wadhwa talks to Pavan Lall about mistakes and opportunities

AU Small Finance Bank, Tata Elxsi and Adani Power soar on MSCI foray

From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China

Non-life insurers' gross premium income rises 24% to Rs 21,327 cr in April

The non-life insurance companies had a gross premium business worth Rs 17,251.10 crore in April 2021

Companies committed to cutting emissions represent $38 trn in economy: Rpt

In 2021, the number of SBTi companies doubled to 2,253, including 1,082 companies with approved targets and 1,171 that committed to set science-based targets

Asian Paints Q4 results: Net profit flat at Rs 850.4 cr, revenue up 18.7%

The paints major saw its revenue increase 18.7 per cent to Rs 7,892.7 crore in the quarter

Our expectation is that investors buy into our simple story: Delhivery ED

Delhivery's Executive Director Sandeep Barasia explains to Surajeet Das Gupta the reason the firm is launching its initial public offering (IPO), which opens on Wednesday

Godrej Agrovet Q4 profit doubles to Rs 140 crore, revenue up 42%

The company's profit stood at Rs 63.38 crore during the corresponding period of the previous fiscal, Godrej Agrovet said in a statement

Robust O2C margin environment to drive near-term gains for Reliance

Footfall recovery pace, net subscriber count key to its consumer biz

Happiest Minds Tech net income up 45% to Rs 52 crore amid high attrition

During the quarter, the mid-sized software firm said, its revenue rose to Rs 310 crore, clipping at 38.8 per cent year-on-year and 6.2 per cent sequentially

Venus Pipes & Tubes sets IPO price band at Rs 310-326 a share

The initial share-sale will be open for public subscription on May 11 and conclude on May 13

Reliance Retail pre-tax profit rises 2.43% to Rs 3,705 crore in Q4

The company's gross revenue stood at around Rs 1,99,704 crore in the last fiscal