Page 8 - Indian Companies

Naturals Salon eyes disruption in personal care space via refill model

New model will shave off packing and transportation charges, and allow consumers to pay 60% less than market price

HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25

In FY26, the bank's credit growth will be in line with system growth; in FY27, banks' credit growth to outpace system growth

Oberoi Realty Q2FY25 results: Net profit rises 29% to Rs 589 crore

Segment-wise, the company's real estate business generated revenue of Rs 1,276.14 crore, almost 94 per cent of its total revenue

Roadway Solutions secures LOA for major MSRDC projects worth Rs 4,700 cr

The company will be working on two MSRDC projects, viz., Pune Ring Road and Jalna-Nanded Expressway

Up the memory lane: With formal registration, vintage cars ready to dazzle

"For vintage and classic cars, the majority of collectors tend to be between 45 and 85 years"

L&T Finance Q2FY25 results: Consolidated net up 17% at Rs 696 crore

Warns on persisting headwinds; may calibrate growth; credit costs rise

LTIMindtree Q2FY25 results: Profit up 7.7% on rising deal momentum

The growth driver for the company in terms of geography was the US, which grew 7 per cent Y-o-Y and 2.6 per cent sequentially. Europe was down 1.9 per cent Y-o-Y but grew 2.2 per cent sequentially

Softening rates spur overseas bond issuances of Indian companies

High demand, lower costs drive global fundraising surge

Margin pressure clouds near-term outlook for L&T Technology's stock

Management maintains FY25 guidance of 8-10 per cent revenue growth in CC, which implies a steep growth rate of 4.5-7 per cent growth per quarter in H2FY25

Byju introspects, says Byju's worth zero now, promises a turnaround

Last month, the Supreme Court reserved its verdict on a plea of a US firm against NCLAT order stopping insolvency proceedings against Byju's

Reliance Brands and Mothercare form new joint venture for South Asia

The JV will own Mothercare brand and all its IP assets for India, Nepal, Sri Lanka, Bhutan, and Bangladesh

Festival season, discounts boost Ola Electric's daily average sales

This pricing strategy positions Ola Electric as a formidable contender, making it a tough act to follow in the competitive landscape, said market observers

We should be cautious about how GenAI is used: PhonePe CTO Rahul Chari

The company's worry continues to be the regulatory market cap in the Unified Payments Interface (UPI) payments ecosystem. Market cap is not the right solution, said Rahul Chari

Indians eyeing offshore firms to gain access: JM Financial MD & CEO

Healthcare, pharma, tech to drive M&As in coming quarters

GenAI: Indian companies see productivity boost as key benefit of technology

As many as 56 per cent of them are establishing governance frameworks for the use of GenAI tools and apps

Rupee set to hold ground against greenback till Dec: Business Standard Poll

The Reserve Bank of India's timely intervention has ensured that the depreciation of the currency is gradual

Sudarshan Chemical to acquire Germany's Heubach for Rs 1,180 crore

The Heubach acquisition will help address these challenges with a clear turnaround plan, SCIL said in a release

AM Best upgrades credit ratings of GIC Re's to 'A-' (Excellent)

The outlook for both ratings has been revised to stable. In addition, AM Best has reaffirmed GIC Re's India National Scale Rating (NSR) of aaa.IN (Exceptional) with a stable outlook

Clients prioritise cost efficiency; discretionary deal demand low: TCS CEO

The IT services major's Q2 performance was in line with the trends observed in Q1, with robust growth in regional markets partially offset by an underwhelming showing in the US and Europe

NCGTC to pay Bandhan Bank extra Rs 315 cr for claims under CGFMU scheme

Additionally, since they have already settled the bank's first claim of Rs 916 crore, they will pay an additional claim of Rs 314.68 crore to the bank