Page 31 - Companies

Byju's FY22 result: Revenue doubles, operating loss falls 6% to Rs 2,400 cr

Byju's result is only for its core business, and does not include its multi-billion dollar acquisitions

Spreading the risk: India's MFs are now invested in nearly 1,000 companies

AUM rose to Rs 48 trn in September, with over half of the money invested in equity funds

Titan Company Q2FY24 result: Net profit at Rs 916 cr; income up 37%

Titan Company Q2 result: The total income for Q2FY24 came in at Rs 12,653 crore, compared to Rs 9,224 crore y-o-y, registering a rise of 37.17 per cent

Indigo Q2FY24 result: Consolidated net profit at Rs 188 cr; Ebitdar up 967%

Indigo Q2 result: The total income for Q2FY24 came in at Rs 15,503 crore, compared to Rs 12,852 crore year-on-year

Zomato Q2FY24 result: Consolidated net profit at Rs 36 cr; revenue up 71%

Zomato Q2 result: The total income for Q2FY24 came in at Rs 3,060 crore, compared to Rs 1,831 crore year-on-year

Aditya Birla Capital Q2FY24 result: Net profit at Rs 705 cr; income up 13%

Aditya Birla Capital Q2 result: The company's revenue from operations was up 13.04 per cent to Rs 7,720.66 crore during the quarter under review against Rs 6,829.82 crore last year

MRF Limited Q2FY24 result: Net profit jumps 351% YoY to Rs 586 crore

The company declared an interim dividend of Rs 3

SBI Q2 results preview: Analysts expect lender's profit to drop; here's why

State Bank of India is scheduled to report its September quarter results on Saturday, November 4

Go First's aircraft, engines can be returned to lessors: DGCA tells HC

According to a report, Jindal Power, which had shown its interest in the airline, may not go ahead with its financial bid

Zurich Insurance to pick 51% stake in Kotak Gen Insurance for Rs 4,051 cr

Plans to increase stake to 70% within three years

More cos have managed to beat profit estimates in Q2FY24: ICICI Securities

This has led to an upward revision in earnings growth estimates for FY24 as well as FY25

Adani Power Q2FY24 result: Net profit jumps 848% YoY to Rs 6,594 crore

The revenue from operations for Q2FY24 came in at Rs 12,990.58 crore, compared to Rs 7,043.7 crore year-on-year, registering a jump of 84.42%

Godrej Properties Q2FY24 result: Net profit at Rs 72 cr; revenue up 107%

The revenue from operations for Q2FY24 came in at Rs 343 crore, compared to Rs 165.09 crore year-on-year

Record number of small, medium-sized firms going public in India this year

So far in 2023, 184 firms have gone public in the South Asian nation, more than in any other full year, according to data compiled by Bloomberg

Zurich Insurance to buy 51% stake in Kotak Mahindra General Insurance

Further, within three years from the initial acquisition, Zurich Insurance Company Ltd will buy an additional 19% stake in the Kotak Mahindra General Insurance Company Ltd

Qualcomm to outsource chip-making in India after fab, Osat plants are built

We will lean in to invest in India once the fabs and OSAT plants are set up in the country, says the San Diego, US-based semiconductor giant

Regulations on AI good as long as we don't hinder innovations: SAP Labs

SAP's latest offering, GROW with SAP, announced in March 2023 is exactly in that direction of targeting the mid-market section of customers, where we will be offering them standard business processes

India Cements Q2 results: Net loss of Rs 85.54 cr, revenue falls by 4.72%

The revenue from operations for Q2FY24 was seen at Rs 1,264.39 crore, compared to Rs 1,327.06 crore year-on-year

SBI raises Rs 10,000 crore via Tier-II bonds at 7.81% coupon rate

Gets over Rs 15,000 crore worth of bids According to bond market sources, SBI raised a debt capital of Rs 3,100 crore through Additional Tier-I bonds (AT1) earlier this financial year

Hero Motocorp Ltd Q2FY24 result: Net profit jumps 47% YoY to Rs 1,007 cr

The company announced an interim dividend of Rs 35 per quity share