Shares of Bikaji Foods International Ltd made its market debut at a premium of nearly 8 per cent against the issue price of Rs 300 on Wednesday. The stock listed at Rs 321.15, reflecting a gain of 7 per cent against the issue price on the BSE. It further rallied 11.66 per cent to Rs [...]
India's top oil and gas producer ONGC reported a 30 per cent fall in September quarter net profit after the government brought a new tax on windfall profits arising from a spurt in international energy prices. Net profit of Rs 12,825.99 crore, or Rs 10.20 a share, in July-September 2022-23 is compared with Rs 18,347.73 [...]
Shares of SpiceJet on Tuesday fell over 4 per cent in morning trade after the firm reported widening of net loss to Rs 837.8 crore in the three months ended September. The stock after a weak beginning, further declined 4.24 per cent to Rs 37.20 on the BSE. SpiceJet on Monday reported widening of net [...]
Power utility CESC on Tuesday said its board has approved a proposal to raise Rs 300 crore through issuance of non-convertible debentures (NCDs). "Committee of the Board at its meeting held today... approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par [...]
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces. The New York Times said in a report Monday that Amazon plans to lay off approximately 10,000 people in “corporate and technology [...]
DCM Shriram Industries Ltd on Monday posted a sharp decline in consolidated net profit at Rs 93 lakh during the second quarter of the 2022-23 fiscal on higher expenses. The company had posted a net profit of Rs 12.64 crore in the same quarter previous financial year, according to a regulatory filing. The total income [...]
Realty firm Brigade Enterprises on Monday said its consolidated net profit stood at Rs 52 crore for the quarter ended in September against a net loss of Rs 14 crore in the year-ago period. The revenue in the second quarter of this fiscal stood at Rs 912 crore as against Rs 776 crore in the [...]
Bharat Forge on Monday reported a 48 per cent decline in its consolidated net profit to Rs 141 crore for the second quarter that ended September 30, 2022. The company had posted a net profit of Rs 270 crore in the July-September period of last year. Revenue from operations rose to Rs 3,076 crore in [...]
Apple Inc has rolled out a beta programme to enable 5G on Apple devices as the upgrade lets users try out pre-release software. This software upgrade enables 5G access on Apple devices, as and when service providers Jio, Airtel and Vodafone enable 5G network access, sources said. Apple Users have to enrol for the Beta [...]
Shares of Aurobindo Pharma on Monday fell nearly 7 per cent in early trade after the company reported a 41 per cent decline in its consolidated net profit for the second quarter ended September 30, 2022. The company's shares plunged 6.52 per cent to its 52-week low of Rs 457.20 on the BSE after a [...]
