by PTI News | Jan 24, 2022 | 8:03 pm | Company Results, News
New Delhi, Jan 24 (PTI) Cera Sanitaryware Ltd on Monday reported 45.86 per cent rise in consolidated net profit at Rs 44.75 crore for the third quarter ended December 31, 2021. The company had logged a net profit of Rs 30.68 crore in the year-ago period, Cera Sanitaryware said in a regulatory filing. Revenue from operations was [...]
by PTI News | Jan 24, 2022 | 7:53 pm | Company Results, News
New Delhi, Jan 24 (PTI) Quick service restaurant chain Burger King India Ltd on Monday reported narrowing of net loss to Rs 15.15 crore for the third quarter ended December 31, 2021. The company had posted a net loss of Rs 29.02 crore during October-December period of the previous fiscal year, Burger King said in a regulatory [...]
by PTI News | Jan 24, 2022 | 7:38 pm | News
New Delhi, Jan 24 (PTI) Food delivery platform Swiggy on Monday said it has raised USD 700 million (nearly Rs 5,225 crore) in new funding, led by investment firm Invesco, which will be mainly used for accelerating growth of its core platform and growing its quick commerce grocery service Instamart. The latest round of funding [...]
by PTI News | Jan 24, 2022 | 7:36 pm | Corporate Action, News
New Delhi, Jan 24 (PTI) Independent directors of Future Retail have turned down Amazon's offer of financial support to the company through a deal with private equity firm Samara Capital, saying any legally invalid offer cannot be accepted. Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term [...]
by PTI News | Jan 24, 2022 | 7:26 pm | News
New Delhi, Jan 24 (PTI) The Supreme Court on Monday stayed a Securities Appellate Tribunal order directing the Adjudicating Officer of market regulator SEBI to appear before it in a case of unfair trade practices.A bench of Justices Vineet Saran and Aniruddha Bose issued notice on an appeal filed by the Securities and Exchange Board [...]
by PTI News | Jan 24, 2022 | 7:22 pm | Economy, News
New Delhi, Jan 24 (PTI) Exports of engineering goods rose 54 per cent to USD 81.8 billion during April-December 2021-22 as compared to the same period of the previous year, the commerce ministry said on Monday. In the corresponding nine-month period of 2020-21, exports stood at USD 52.9 billion. The sector accounted for over 27 [...]
by PTI News | Jan 24, 2022 | 7:14 pm | Company Results, News
Mumbai, Jan 24 (PTI) Rane (Madras) Ltd, the Chennai-based manufacturer of steering and suspension products and light metal casting components, reported on Monday a 64.1 per cent dip in standalone net profit at Rs 7.7 crore in the December quarter over the year-ago period. The company, which is part of the Rane Group, had posted [...]
by PTI News | Jan 24, 2022 | 7:13 pm | News
Mumbai, Jan 24 (PTI) Fresh fruit importer IG International on Monday announced a 50:50 joint venture initiative with independently-owned orchard and horticultural research centre Deccan Exotics to establish a plant nursery for growing avocados near Hyderabad with an initial investment of USD 1 million. The joint venture company, IG Deccan, will be located in and [...]
by PTI News | Jan 24, 2022 | 7:03 pm | News
New Delhi, Jan 24 (PTI) Home buyers' body FPCE has filed a plea in the Supreme Court seeking directions to the West Bengal government for the time-bound and proper implementation of the real estate regulatory law RERA in the state. The Supreme Court, in May last year, had struck down West Bengal government's law -- [...]
by PTI News | Jan 24, 2022 | 6:55 pm | News
New Delhi, Jan 24 (PTI) The National Company Law Appellate Tribunal (NCLAT) has set aside the approval of the resolution plan of Vision India Fund-SREI Multiple Asset Investment Trust, for debt-ridden media house Deccan Chronicle Holdings Ltd observing “discrimination” in the allocation of funds among the creditors. A two-member bench said the order of the [...]
