Online ticketing and entertainment platform BookMyShow on Friday said that it is witnessing a rush of users with easing of Covid-related curbs as it recorded the highest-ever ticket booking of 2.9 crore on its platform in April this year. The company said that its Transaction Video on-Demand (TVOD) streaming platform also recorded the highest transaction [...]
Adani Defence & Aerospace has entered into definitive agreements for acquiring 50 per cent equity stake in agricultural drone startup General Aeronautics for an undisclosed amount. Bengaluru-based General Aeronautics specialises in developing robotic drones to offer tech-enabled crop protection services, crop health monitoring, precision farming and yield monitoring services using artificial intelligence and data analytics. [...]
FSN E-Commerce, which operates under the Nykaa brand, on Friday reported a decline of about 57 per cent in its consolidated profit to Rs 7.57 crore for the fourth quarter ended March 2022, mainly account of new investments. The company had registered a profit of Rs 17.9 crore in the same period a year ago. [...]
Edible oil major Ruchi Soya Industries Ltd on Friday reported a 25 per cent decline in its standalone net profit to Rs 234.33 crore for the March 2022 quarter, mainly due to higher tax expenses. Its net profit stood at Rs 314.33 crore in the year-ago period. The company's total income rose to Rs 6,676.19 [...]
Godrej Industries on Friday reported a consolidated net profit of Rs 422.82 crore for fourth quarter ended March 31, 2022. The company had posted a loss of Rs 92.17 crore for the same quarter of previous fiscal year, Godrej Industries said in a regulatory filing. Revenue from operations during the quarter under review stood at [...]
Cement manufacturer The India Cements Ltd has reported standalone net loss for the quarter ending March 31, 2021 at Rs 23.71 crore due to 'spiraling' increase in the cost of input materials together with the loss of volume, the company said on Friday. The city-based company had registered standalone net profit at Rs 71.63 crore [...]
Drug major Sun Pharma on Friday said its subsidiary has acquired the Uractiv portfolio from Fiterman Pharma in Romania. The company's unit - SC Terapia SA, Romania - has acquired the Uractiv portfolio, which comprises food supplements, including minerals, vitamins and adjuvants; cosmetics and medical devices used for maintaining urinary tract health. The Mumbai-based drugmaker, [...]
Shares of Paradeep Phosphates on Friday made a tepid market debut with a nearly 5 per cent gain against its issue price of Rs 42. The stock was listed at Rs 43.55, a jump of 3.69 per cent against the issue price, on the BSE. At the NSE, it made its debut at Rs 44, [...]
Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims. "At the outset, we deny all allegations made in the said media report by Amazon on the Company," [...]
Jet Airways, which remains grounded for over two years, on Thursday reported a standalone net loss of Rs 233.63 crore for the three months ended March. The full service carrier had a standalone net loss of Rs 107.01 crore in the year-ago period, according to a regulatory filing. Total income stood at Rs 11.63 crore [...]
