Page 8 - Indian Companies

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

M&M Finance Q2 FY25 results: Net profit rises 57% to Rs 369 crore

The NII margin of the company remained flat at 6.5 per cent. The cost of funds rose marginally to 6.5 per cent in Q2 FY25 from 6.4 per cent last year

Indian population saw 30% increase in ANAs post Covid-19, says study

ANAs are proteins produced by the immune system that mistakenly target the body's own cells, leading to tissue damage and autoimmune diseases like rheumatoid arthritis and thyroid disorders

We've secured a place at the table for large deals: Debashis Chatterjee

Debashis talks about what worked for the company, the combined forces of LTI and Mindtree and how clients are ramping up AI deals

Early bird result for Q2FY25 signals a continued slowdown in India Inc

7% top-line growth in Q2 slowest in 5 qtrs; bottom-line expands 5%

Hyatt Hotels launches new luxury venue in Mumbai to boost banquet revenue

The sluggish growth in foreign tourist arrivals has not impacted Hyatt Hotels, thanks to the surge in demand from domestic tourists

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