New Delhi, Feb 7 (PTI) The Supreme Court Monday dismissed as withdrawn a plea by the Centre seeking to recall the top court's certain directions related to registration of CBI probe into the government decision for 26 per cent stake sale in Hindustan Zinc Ltd (HZL) in 2002. The top court on November 18, 2021 [...]
NTVS Motor Company on Monday said its consolidated net profit declined 18.34 per cent to Rs 236.56 crore for the third quarter ended December 2021 on account of lower two-wheeler sales. The company had reported a consolidated net profit of Rs 289.69 crore in the same period of previous fiscal. Revenue from operations, however, rose [...]
New York, Feb 7 (PTI) A traditional Indian essence and wellness products company has partnered with Michelin-star chef Vikas Khanna to launch a signature Made-in-India perfume here, aiming to usher in a “new dawn” for India’s arrival in the global perfumes industry. Zighrana has collaborated with Khanna to launch the flagship perfume that will bear [...]
Amaravati, Feb 7 (PTI) The HPCL’s Visakha Refinery is set for modernisation and expansion at a cost of Rs 26,264 crore. “This is by far a massive industrial project ever in Andhra Pradesh,” BJP MP G V L Narasimha Rao said in a statement here on Monday. Under the Visakha Refinery Modernisation Project (VRMP), the [...]
Mumbai, Feb 7 (PTI) Jaipur-based HOP Electric Mobility on Monday announced the launch of its state-of-the-art megaplex in Jaipur, with its current production capacity pegged at 100 e-scooters per day. The megaplex has an assembly line, end-of-line testing facility, lithium battery, cell testing capability and a paint booth, and churns out the company's existing models [...]
Indian Bank on Monday reported 34% jump in standalone profit after tax (PAT) at Rs 690 crore for December quarter 2021-22 helped by higher non-interest income. The state-owned lender had reported a PAT of Rs 514 crore for the year-ago period. “During the quarter our operating profit grew 16 per cent. This was driven by [...]
Chennai, Tamil Nadu, India (NewsVoir) TVS Motor Company reported a highest ever operating revenue of Rs. 5,706 Crores in the third quarter of 2021-22 as against Rs. 5,391 Crores in the third quarter ended December 2020. The Company’s Operating EBITDA margin is at 10% during the quarter as against 9.5% during the third quarter ended [...]
New Delhi, Feb 7 (PTI) As international oil prices near USD 93 per barrel for the first time in 7 years, India on Monday said it strongly prefers responsible and reasonable pricing and has conveyed serious concerns over crude oil price volatility. "There have been major fluctuations in international prices of crude oil and petroleum [...]
New Delhi, Feb 7 (PTI) Future Supply Chain Solutions Ltd (FSCSL) on Monday reported narrowing down of its net loss to Rs 4.29 crore for the third quarter ended December 2021. The company had posted a net loss of Rs 41.27 crore in the October-December quarter a year ago, said FSCSL, the Future group's supply [...]
Mumbai, Feb 7 (PTI) Satsure, a start-up working at the intersection of space tech, artificial intelligence (AI), and software-as-a-service (SaaS), has raised USD 5 million in the pre-Series-A funding round led by Baring Private Equity India, along with ADB Ventures (Asian Development Bank's venture capital arm). The Bengaluru-based start-up said other investors who participated in [...]
