New Delhi, Jan 25 (PTI) Max India on Tuesday reported a consolidated net loss of Rs 5.70 crore for the quarter ended December.Its net loss stood at Rs 12.97 crore in the year-ago period.Total income rose to Rs 42.83 crore in the third quarter of this fiscal from Rs 34.20 crore in the corresponding period [...]
Bhopal, Jan 25 (PTI) Police on Tuesday evening registered an FIR in Bhopal against unidentified sellers on e-commerce giant Amazon after it emerged that some products, including shoes, featuring images of the Indian flag were being sold on its platform in contravention of rules, an official said.The action came hours after Madhya Pradesh Home Minister [...]
New Delhi, Jan 25 (PTI) Packaging firm Cosmo Films Ltd on Tuesday reported a 66.41 per cent jump in its consolidated net profit to Rs 104.42 crore for the third quarter ended December 2021, helped by lower finance cost and effective tax rate. The company had posted a consolidated net profit of Rs 62.75 crore [...]
New Delhi, Jan 25 (PTI) Commerce and Industry Minister Piyush Goyal has directed the officers concerned to hold regular meetings with state governments and central ministries to ensure timely resolution of issues for the implementation of infrastructure projects. He said this while reviewing the pace of the implementation of infrastructure projects being monitored through the [...]
New Delhi, Jan 25 (PTI) A total of 29 officers/staff of the apex indirect tax body CBIC on Tuesday were given Presidential awards on the eve of Republic Day for their exemplary performance in their respective fields of duty. Every year, the officers and staff of the Central Board of Indirect Taxes and Customs (CBIC) [...]
New Delhi, Jan 25 (PTI) Industry body CII in a report has suggested doing away with the ceiling on service fee for charging of electric vehicles, arguing that any cap at this juncture will disincentivise private investment due to uncertain costs and utilization levels. While the CII report welcomes the Union government's announcements on production [...]
New Delhi, Jan 25 (PTI) Shares of Federal Bank on Tuesday jumped over 4 per cent after the company posted a 29 per cent rise in net profit for the third quarter ended December 2021.It gained 4.35 per cent to settle at Rs 95.85 on BSE. During the day, the stock jumped 6.26 per cent [...]
Kolkata, Jan 25 (PTI) RailRestro, a leading food delivery startup catering to train passengers, has witnessed a 50 per cent decline in sales, amid fresh COVID-hit turbulence in tour and travel activities, an official said on Tuesday Indian Railway Catering and Tourism Corporation (IRCTC)-authorised food partner has termed the present crisis as a "blip" and [...]
New Delhi, Jan 25 (PTI) Torrent Pharmaceuticals on Tuesday said its consolidated net profit declined by 16 per cent to Rs 249 crore for the third quarter ended December 2021 on account of muted performance in the US market. The drug maker had posted a net profit of Rs 297 crore in the October-December period [...]
New Delhi, Jan 25 (PTI) Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest [...]
