Page 147 - Companies

Saregama India plans to invest up to Rs 750 cr in music business

Saregama India, a part of RP-Sanjiv Goenka Group, is planning to invest up to Rs 750 crore in its music business to achieve a 25-30 per cent revenue growth in the next few years

Embassy REIT to invest Rs 850 crore to develop office space in Bengaluru

Currently, Embassy REIT is developing a total of 4.6 million square feet area, including the new 1.9 million square feet office buildings

Siva Industries bidder Vallal RCK to move SC after NCLAT rejects offer

NCLAT says will send company to liquidation as deadline of 330 days as per IBC Code is breached

Beauty, private labels will take Shoppers Stop margins to double-digits: MD

In a Q&A, Venu Nair, talks about the company's strategy to expand in tier-1 and tier-2 cities

Chennai-based agri-commerce firm WayCool lines up Rs 250 crore ESOP

Scheme to cover all 1,500 employees; firm plans to expand its presence to geographies like Middle East as part of its roadmap to become a unicorn by 2025

Criticism hypocritical, blacklisting by America will be rescinded: NSO

"I absolutely sleep soundly at night," said Shalev Hulio, Chief Executive Officer of NSO Group

Easemy Trip consolidated profit after tax soars by 83.8% in Q3

The company had posted a profit after tax of Rs 22 crore in the same period last fiscal

MRPL third quarter profit rises to Rs 969 crore

The Mangalore Refinery and Petrochemicals Limited (MRPL) posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21.

MapmyIndia declines since listing gains; Q3 net profits, revenue fall YoY

Shares of MapmyIndia haven't been able to keep its strong bull run and have fallen around 15 per cent since its bumper listing on the exchanges.

Looking at new markets to push apparel exports: AEPC chairman

AEPC said it is looking at new markets such as Latin America, Australia and Israel to push the country's exports

Oberoi Realty net profit rises 63% at Rs 467.53 crore in Dec quarter

Its net profit stood at Rs 286.65 crore in the year-ago period

Smartphones maker Oppo India to set up power, performance lab by March

Tasleem Arif, head (research and development) and vice-president of Oppo India, told PTI that the company has recorded a 120 per cent jump in patents that emanated from its India lab

Suzlon Energy reports net profit of Rs 37 crore in December quarter

The company had reported a consolidated net loss of Rs 118.06 crore in the quarter ended on December 31, 2020

Happiest Minds Technologies Q3 net profit jumps 16.1% to Rs 48.92 cr

IT firm Happiest Minds Technologies Ltd on Friday reported a 16.1 per cent jump in consolidated net profit to Rs 48.92 crore for the December 2021 quarter. The company had posted a net profit of Rs 42.15 crore in the year-ago period. Its revenue during October-December 2021 grew 47.2 per cent to Rs 283.94 crore as compared with Rs 192.84 crore in the year-ago period, a regulatory filing said. Venkatraman N, MD and chief financial officer of Happiest Minds Technologies, said the company continues to deliver all-around healthy financial and business performance. "Revenue growth of 47.2 per cent, Ebitda at 26.1 per cent, robust cash generation and healthy capital return ratios are testimony to this. "Coupled with onboarding talent and healthy utilisation levels, we are well-positioned to address the strong demand environment for digital services," he added. The company's operating revenues in dollar terms stood at USD 37.8 million, a growth of 5.5 per cent q-o-q and 44.2 per cent ..

Adani Total Gas wins 14 out of 52 city gas licences, Indian Oil Corp 8

Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) won 13 GAs

79% founders feel Omicron had little impact on biz, says survey

45% founders confident that they will be able to close funding rounds in 3-6 months

Britannia Industries net profit falls 18% to Rs 369.18 crore in Q3

The company had posted a net profit of Rs 452.64 crore in the October-December quarter a year ago

Shriram City Union Finance's Q3 consolidated net profit up 5% YoY

Shriram City Union Finance (Shriram City), India's largest two-wheeler financer, has reported a consolidated net profit of Rs 322 crore

AU Small Finance Bank net profit up 68% on strong expansion in NII

AU Small Finance Bank's net profit rose 68 per cent year-on-year (YoY) to Rs 302 crore in the third quarter of FY22

Central Bank of India net rises 69% to Rs 279 cr in December quarter

Central Bank of India's net profit rose by 69.1 per cent year-on-year (YoY) to Rs 279 crore in the third quarter ended December (Q3FY22)