Page 32 - Companies

See huge opportunity to expand in Tier-II, says Marks & Spencer India

Ritesh Mishra, managing director at M&S India, said, "Tier-II cities are of paramount importance to us, as there is still room for growth in Tier-I markets"

ACC Ltd Q2FY24 result: Consolidated net profit at Rs 387 cr; revenue up 11%

The total income for Q2FY24 came in at Rs 4,644.78 crore, compared to Rs 4,057.08 crore year-on-year, registering a rise of 14.48 per cent

PMI Electro Mobility raises Rs 250 crore from Piramal Alternatives

The funds will be used to develop innovative solutions, bring technological advancements to its production capabilities and scale its operations

Canara Bank Q2FY24 result: Net profit jumps 42% to Rs 3606 cr; NPA down 27%

The net interest income (NII) for Q2FY24 came in at Rs 26,837.68 crore, compared to Rs 20,106.92 crore year-on-year

Asian Paints Q2 result: Consolidated profit jumps 53% YoY to Rs 1,232 cr

The company announced an interim dividend of Rs 5.15 per share

Jubilant Foodworks Q2FY24 result: Net profit at Rs 97 cr YoY; revenue up 5%

The revenue from operations for Q2FY24 came in at Rs 1,368.6 crore, compared to Rs 1,301.5 crore year-on-year

CCI becomes member of International Competition Network's steering group

Competition Commission of India (CCI) on Wednesday said it has become a member of the steering group of the International Competition Network (ICN). The ICN comprises 140 competition agencies from 130 countries. "CCI joins the prestigious Steering group of International Competition Network (ICN) as a member at the ICN Annual Conference 2023 at Barcelona, Spain after consistent efforts. "ICN consists of 140 competition agencies and is guided by its apex body -- Steering Group of 18 members," according to a post by CCI on social media platform X. An official said this is the first time that the CCI has become a member of the ICN's steering group and the membership is for two years. The ICN provides competition authorities with a specialised yet informal venue for maintaining regular contacts and addressing practical competition concerns, according to its website.

Without whole-genome sequencing, a treatable TB epidemic is a challenge

HaystackAnalytics, an IIT Bombay-incubated company working in the area of genomics using big data has created a comprehensive drug resistance test for tuberculosis (TB)

Lloyds Metals Q2FY24 result: Profit up 62% YoY to Rs 231 cr, revenue up 61%

The company's total income for Q2FY24 stood at Rs 1,111.23 crore, compared to Rs 686.36 crore year-on-year

Hindustan Zinc Q2FY24 result: Consolidated profit drops 35% to Rs 1,729 cr

The revenue from operations for Q2FY24 came in at Rs 6,619 crore, compared to Rs 8,127 crore year-on-year

Mphasis Q2FY24 result: Consolidated profit at Rs 391 cr; revenue down 6%

The total income for Q2FY24 came in at Rs 3,325.5 crore, compared to Rs 3,563.2 crore year-on-year, registering a fall of 6.67 per cent

PVR Inox Q2FY24 result: Profit at Rs 166 cr; revenue rises to Rs 1,999 cr

The total income for Q2FY24 came in at Rs 2,023.7 crore, compared to Rs 702.4 crore year-on-year, registering a rise of 188.11 per cent

Havells Q2FY24 result: Consolidated net profit jumps 33% YoY to Rs 249 cr

The revenue from operations for Q2FY24 came in at Rs 3,900.33 crore, compared to Rs 3,679.49 crore year-on-year

Cyient Q2FY24 results: Consolidated net profit jumps 132% YoY to Rs 183 cr

The revenue from operations for Q2FY24 came in at Rs 1778.5 crore, compared to Rs 1396.2 crore year-on-year

Hindustan Unilever Q2FY24 results: Net profit at Rs 2,657 cr; income up 3%

The total income for Q2FY24 came in at Rs 15,806 crore, compared to Rs 15,253 crore year-on-year

Parag Milk Foods appoints Rahul Kumar Srivastava as chief operating officer

Rahul Kumar Srivastava's presence is poised to be instrumental in Parag Milk Foods' journey toward a new era of leadership and growth, said the company in a BSE filing

Coromandel commissions Rs 400 cr sulphuric acid unit in Visakhapatnam

Fertiliser firm says it will also set up desalination plant to meet its requirements

Adani Energy Solutions commissions 765 KV Warora-Kurnool Transmission line

Warora-Kurnool Transmission is the largest 765 kV D/C (hexa conductor) TBCB (tariff-based competitive bidding) project ever awarded under a single scheme

Nestle India Q3CY23 result: Profit up 37%; firm announces 1:10 stock split

The revenue from operations for Q3CY23 came in at Rs 5,036.8 crore, compared to Rs 4,601.8 crore year-on-year

LTIMindtree Q2FY24 results: Net profit at Rs 1,162 cr YoY; revenue up 8%

The total income for Q2FY24 came in at Rs 9,048.6 crore, compared to Rs 8,388.9 crore YoY, registering a rise of 7.86 per cent