Page 7 - Indian Companies

Tata Power Q2FY25 results: Net profit rises 6% to Rs 926.53 crore

Tata Power Renewable Energy estimated the impact of stamp duty related to a merger at Rs 140 crore during the quarter, which the company disclosed as an exceptional item

Yatharth Hospital to acquire 60% stake in MGS Infotech for Rs 152 crore

In February 2024, Yatharth Hospitals acquired a 100 per cent stake in the Faridabad-based 175-bed Asian Fidelis Hospital for an enterprise value of Rs 116 crore

Realty cos raise over Rs 12,800 cr between Jan-Sept 2024 via QIPs: Report

17% of total funds raised through QIPs in 9 months of 2024 went to real estate firms. Renewable energy tops the list

PNB Housing Finance looks to grow corporate loan book starting Q3

The New Delhi-based mortgage lender previously held a substantial corporate loan portfolio but reduced its exposure due to stress in the segment

JSW Energy tops rivals Adani, NTPC as highest bidder for KSK Mahanadi

Bid propels RE firm to the forefront of power generation in Chhattisgarh

NMDC Group achieves net profit of AED 2.2 bn in first 9 months of 2024

The strong performance for the nine-month period ending September 30 2024 was underpinned by a healthy project pipeline

Acer logged best ever biz performance this year, says CBO Sudhir Goel

The company has also recorded 35 per cent year-on-year growth in the first two weeks of the festival season

IndiGo reports net loss of Rs 987 crore in Q2FY25 due to high fuel costs

Aircraft groundings peaked to 'mid-70s' but situation is easing

Going downhill: IndusInd Bank shares decline 19%, most in 4 years

Analysts believe stock will remain under pressure in near term

Mahindra Lifespace incurs Rs 14 crore loss in Q2; pre-sales up 77%

The company, however, achieved pre-sales of Rs 397 crore for the quarter with a saleable area of 0.53 million square feet (msf) in the residential segment

Swiggy unveils 'International Logins' for NRIs from 27 countries

The International Logins feature enables those residing outside India with international numbers to transact on Swiggy Food, Swiggy Instamart, Swiggy Dineout and Swiggy Genie

Develop new tech to make AI safe: Nvidia Founder & CEO Jensen Huang

In a media briefing he speaks of the partnership with Reliance, diversifying its relationship beyond TSMC, and making artificial intelligence accessible to the masses

India Inc Q2FY25 revenue growth seen at 5-7%, slowest in 4 yrs: CRISIL

The analysis shared by CRISIL is based on 435 companies that account for almost half of the listed market capitalisation, which reported an 8.3 per cent growth in the April-June quarter

Project stalling rate eases to 12-year low; sharper decline for pvt sector

Private-sector capex may face headwinds from a growth slowdown, suggested independent market expert Ambareesh Baliga

Adani Total Gas Q2FY25 results: Net profit rises 7% to Rs 185 crore

In the past three-month period, ATGL said it had commissioned its first LNG retail station for transport vehicles

Embassy Reit Q2 revenue jumps 12% to Rs 997 crore, beats estimates

The total comprehensive income attributable to the unitholders stood at Rs 1,530.4 crore in comparison with the income of Rs 216.7 crore in Q2 FY24

India's startups need more than growth; focus on governance also crucial

Some of the most prominent startups are struggling to build the governance structures they need to handle their rapid growth

Hindustan Unilever to separate ice cream business following board decision

A new blend: Portfolio churn will help it strengthen core offerings in demand spaces

Muthoot Finance raises $400 million via USD notes, oversubscribed 3.9x

The funds raised will be used for onward lending and other activities permitted under the external commercial borrowing guidelines of the Reserve Bank of India

Uber Auto and Moto services to drive Rs 36k cr in economic activity in 2024

In 2024, a report compiled by consultancy Public First, estimates that driver-partners earn an additional 60% a year in higher income through Uber, relative to their next best alternative type of work