Shree Cements Ltd on Friday reported a decline of 23.57 per cent in its consolidated net profit at Rs 482.70 crore for the third quarter ended December 31, 2021. It had reported a net profit of Rs 631.58 crore in the October-December quarter a year ago, Shree Cements said in a filing to the BSE. [...]
New Delhi, Feb 4 (PTI) Shares of Barbeque-Nation Hospitality Ltd on Friday gave up all initial gains and settled over 3 per cent lower amid profit-taking.In early trade, it had jumped nearly 3 per cent after the company reported a consolidated net profit of Rs 14.83 crore for the third quarter ended December 2021.The stock, [...]
New Delhi, Feb 4 (PTI) InterGlobe Aviation on Friday announced the appointment of its Co-founder Rahul Bhatia as the company's Managing Director with immediate effect. The company is the parent of the country's largest airline IndiGo. Bhatia is the Co-founder and Promoter of InterGlobe Aviation. The board of directors, during its meeting on Friday, unanimously [...]
New Delhi, Feb 4 (PTI) Aditya Birla Fashion and Retail Limited (ABFRL) on Friday announced its foray into the fast-growing Direct to Consumer (D2C) business through a new subsidiary. The board of the leading fashion company, in a meeting held on Friday, gave an "omnibus approval" to set up a new subsidiary towards building a [...]
New Delhi, Feb 4 (PTI) Anuradha Guru, who is the Economic Adviser at the corporate affairs ministry, has been appointed as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI). The government, meanwhile, has appointed former civil servant Ravi Mittal as the chairperson of IBBI, a key institution in implementing the Insolvency [...]
Mumbai, Feb 4 (PTI) Equity benchmarks stayed on the backfoot for the second straight session on Friday as policy tightening by central banks and persistent foreign fund outflows weighed on sentiment. However, a strengthening rupee capped the downside for the bourses, traders said. The 30-share BSE Sensex ended 143.20 points or 0.24 per cent lower [...]
New Delhi, Feb 4 (PTI) Avaada Energy on Friday said it installed 1GW capacity last year, which is the largest among all the renewable energy independent power producers in India. "Avaada Energy...has successfully commissioned 2.2 GW of utility-scale solar PV (photovoltaic) projects to date. The capacity is spread across nine states in the country," a [...]
New Delhi, Feb 4 (PTI) Andhra Pradesh and Telangana faced 40-80 per cent damage to the chilli crop due to pest outbreak, Agriculture Minister Narendra Singh Tomar informed Parliament on Friday. Tomar, in his written reply to the Rajya Sabha, said the damage was assessed in a joint survey conducted by a team comprising experts [...]
New Delhi, Feb 4 (PTI) The Centre has approved over 9,000 applications and sanctioned Rs 6,540 crore so far, for the development of agri-infra projects, Agriculture Minister Narendra Singh Tomar said on Friday in Rajya Sabha. Tomar, in his written reply to the Rajya Sabha, said: "As on date, 16,026 applications for an amount of [...]