Page 34 - Indian Companies

Adani-Hindenburg case: There is no reason to discredit Sebi, says SC

Judgment reserved; Sebi says it won't seek more time for probe

Stars align for astrotech: Astro startups' revenues get festival fillip

Despite an apparent dip in investments, several firms have reportedly been in talks to raise fresh capital this festival season

Serving up a slump: QSR players grapple with a side of demand downturn

Margin pressures could remain as sales dip and cost inflation take a bite

Talent crisis forcing companies to shell out big bucks for legal experts

Company officials said an ever-evolving regulatory environment, increasing focus on corporate governance, and constantly changing GST structures have catalysed the clamber for legal talent

IndiQube leases 1,037-seater managed workspace to Ninjacart in Bengaluru

Ninjacart will use this new space to fuel its expansion plans as it now operates in new verticals

10 firecracker largecaps that deliver bang: Brokerage picks for Samvat 2080

Amid concerns over small and midcap valuations, brokerages suggest navigating the investment landscape like a well-timed fireworks display, favouring the brilliance of largecap stocks

Inside India Inc's Diwali hamper: Paid leaves, group experiences and more

Companies are opting to offer indulgences with social responsibility added to the package

Saluja's remuneration meets legal, corporate governance norms: Religare

The actual sale of shares that happened on 21st and 22nd September by Saluja was made at then prevalent market price

Adani Energy Solutions Q2 results: Net profit rises 33%, revenue up 15.3%

The rise in consolidated revenue, the company said, was on account of newly commissioned transmission lines and other related commissioning

Gharwapsi: India Inc taps former talent pool to fill executive positions

There has been a growth in the number of boomerang employees over the last few months; experts say the trend of 'great resignation' has now evolved into the 'great regret'

Vedanta confident of meeting $2.2 billion debt obligations before March-end

According to the company executives, debt worth Rs 4,200 crore is up for repayment at Vedanta Ltd level in the current quarter, and another Rs 5,500 crore is due in the fourth quarter

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

Reliance Beauty buys Sephora India rights from Arvind Fashions for Rs 99 cr

The buyout gives Reliance Retail Ventures exclusive rights to build and enhance Sephora's presence in India across channels

Adani Enterprises Q2FY24 results: Profit after tax halves to Rs 228 crore

For Q2FY24, Adani Enterprises reported a PAT of Rs 228 crore, 50 per cent lower from a year ago

Indian firms cannot prevent almost half of cyber attacks, says Report

Indian organisations are incapable of preventing almost half of cyber attacks as 64 per cent of cybersecurity teams are too busy fighting critical incidents to take a proactive stance, claims a report. As many as 78 per cent of Indian respondents believe their organisations could better defend against cyber attacks with more resources dedicated to preventive cybersecurity, but seven in 10 (71 per cent) organisations say their IT teams are more concerned with uptime than patching and remediation, the report by Columbia-based cybersecurity company Tenable said. The disparity results in a lack of coordination between the two teams, a challenge acknowledged by 43 per cent of Indian organisations, the report based on an online study of 825 IT and cybersecurity professionals, of which 69 were Indians, conducted in 2023 stated. Eight in 10 respondents (81 per cent) said their organisations use a third-party programme for SaaS apps and services. However, only over half (54 per cent) have ..

KFin Technologies launches compliance management platform Guardian

As per the financial services platform, Guardian will indentify unusual trends by monitoring overall trading patterns

Challenge is going to be resource management without doubt: Shankar Raman

Raman discusses the West Asia market, India's order prospect and L&T's new businesses

Indian cos may give 9.8% salary raise in 2024: Willis Tower Watson report

Companies in India are expected to give a salary raise of 9.8 per cent in 2024, slightly lower than the actual salary increase of 10 per cent in 2023, as companies across industries are still closely monitoring their cost structures, says a survey. According to Willis Tower Watson's latest 'Salary Budget Planning India Report', the median salary increase in India is forecast to rise by 9.8 per cent in 2024, close to the actual salary increase of 10 per cent in 2023. The survey was conducted in April and May 2023. Approximately 32,512 sets of responses were received from companies across 150 countries worldwide. The survey had 708 participants from India. In Asia Pacific, 7,372 organisations from 22 markets responded. Being an emerging market, salary increases in India continue to be the highest across Asia Pacific (APAC). The 2024 salary increase for Vietnam is projected at 8 per cent, followed by China at 6 per cent, Philippines at 5.7 per cent and Thailand at 5 per cent. "Compani

Tata Consumer Q2 results: Net profit falls 6.55% to stand at Rs 363.92 cr

Tata Consumer Products Ltd (TCPL) on Tuesday reported a decline of 6.55 per cent in its consolidated net profit to Rs 363.92 crore in the September quarter on the back of a strong growth in its domestic business. The company had posted a net profit of Rs 389.43 crore in the July-September quarter a year ago, according to a regulatory filing from TCPL, earlier known as Tata Global Beverages Ltd. Its revenue from operations rose 11.02 per cent to Rs 3,733.78 crore during the quarter under review as against Rs 3,363.05 crore in the year-ago period. Total expenses of the Tata Group FMCG arm stood at Rs 3,318.18 crore, up 9.8 per cent in the September quarter. TCPL's total income in the September quarter increased 12.71 per cent to Rs 3,823.61 crore. Shares of Tata Consumer Products Ltd on Tuesday settled at Rs 900.60 apiece on BSE, up 0.81 per cent from the previous close.

L&T Q2FY24 consolidated net profit tops 44%; offshore revenue shines

It sees no major impact of Israel-Hamas war on West Asia projects