Page 19 - Indian Companies

P&G Hygiene appoints Mrinalini Srinivasan chief financial officer

Srinivasan has worked across various finance roles in her career spanning 16 years

Licious gears up for IPO with new CFO Karishma Gupta, profit pursuit

The Bengaluru-based fresh meat company has over 500 Licious stores opening across 20 cities in the next five years as it targets operating profit by the end of the current financial year

Maruti Suzuki India likely to set up at least 400 service outlets in FY25

Akella explained the distribution of these service touchpoints between main urban centres and other regions

Govt, experts talk SOPs for contemporary issues under modern FTAs

There were also suggestions that FTAs can be used as tools to enhance supply chain resilience, ensuring stability and sustainability in trade relationships

BharatCompute for AI ascendancy

India needs a strategy that goes beyond setting up graphical processing units and focuses on leveraging its abundant talent

TVS Supply Chain Solutions reports net profit at Rs 5.4 crore in Q4

The company posted a 4.5 per cent year-on-year increase in revenue from operations to Rs 2,426 crore during the quarter ended March 31, 2024, as against Rs 2,321 crore in the same period last year

54% data fiduciaries lack experience in enforcing data protection laws

The research findings are based on the provisions of India's Digital Personal Data Protection (DPDP) Act that was passed by both the houses of parliament in August 2023

Rise in related-party transactions outpaces sales growth, shows data

Share has risen as a percentage of net sales

Agility in adapting to technology really important, says Amith Singhee

In a video interview, Amith Singhee talked about Research Lab's role and generative artificial intelligence (GenAI). Edited excerpts

Reliance Consumer Products to focus on beverages, Independence brand

Biscuits to be the next focus for the company

Adani Ent, Adani Energy Solutions to consider fundraising next week

A year ago, Adani Enterprises and Adani Energy Solutions had sought board and shareholder approval for a similar proposal of raising up to Rs 12,500 crore and Rs 8,500 crore, respectively

IndiGo taps premium as economy fare slips and business class zooms

This trend underscores that Air India and Vistara, both Tata Group airlines and the only carriers in India with business class offerings, are capitalizing on the opportunity to charge premium prices

Ashok Leyland Q4FY24 results: Net profit rises 17% to Rs 934 crore

The quarter saw the highest ever sales and margins for Ashok Leyland

Hindalco Industries Q4 results: Net profit jumps 32% on improved margins

Wins a copper mine in auctions, scouts for nickel, lignite cobalt in India auctions.

Torrent Pharma Q4FY24 results: Net profit up 57%, revenue rises 10%

At an operational level, Torrent Pharma's earnings before interest, tax, depreciation and amortisation (Ebitda) increased by 21 per cent to Rs 883 crore

Shriram Life posts FY24 PAT at Rs 158 cr, new business premium rises 62%

Total business premium for the year ending March 31, 2024 grew by 62 per cent to Rs 1,871 crore

US-based firm Taro's shareholders approve merger with Sun Pharmaceutical

The merger agreement between Sun Pharma and Taro was approved by an affirmative vote of Taro shareholders at an extraordinary general meeting and an ordinary class meeting on May 22

Sebi proposes measures to ease ESG disclosures by listed companies

Sebi has also proposed to make the disclosures for value chain partners voluntary for the first year instead of comply or explain basis

Azad Engineering to build fully integrated advanced turbo engine for DRDO

AZAD will start delivering fully integrated advanced turbo engines by early 2026

Moved imp products out of Mohali, Dadra plants: Sun Pharma's Abhay Gandhi

Speaking to Sohini Das over a video interview from the US, Abhay Gandhi, CEO, North America of Sun Pharma outlines his plan for the company's specialty business