New Delhi, May 5 (PTI) Shares of ABB India on Thursday zoomed more than 10 per cent after the company posted over two-fold jump in net profit for the March quarter. The stock rallied 10.47 per cent to end at Rs 2,224.70 on the BSE. During the day, it zoomed 11.80 per cent to Rs [...]
New Delhi, May 5 (PTI) The Delhi Cabinet has approved a start-up policy which seeks to provide the youth with financial and procedural help in setting up companies and formed a 20-member task force for the purpose, Chief Minister Arvind Kejriwal said on Thursday. He also said the "Business Blaster" programme, currently being run in [...]
New Delhi, May 5 (PTI) Mahindra & Mahindra (M&M) on Thursday said it has tied up with Jammu & Kashmir Bank to offer loans for tractors and farm machinery.Farm Equipment Sector (FES), a part of Mahindra Group, has inked an MoU with the lender in this regard.As part of the partnership, J&K Bank will provide [...]
New Delhi, May 5 (PTI) Vodafone Idea Foundation, the CSR arm of telecom operator VIL, has collaborated with Ericsson India to set up 'robotic labs' in ten schools across the country with a view to providing digital learning skills to underserved students. The tie-up is aimed at improving the students’ education and employment prospects across [...]
New Delhi, May 5 (PTI) Dhampur Sugar Mills Ltd on Thursday said that Ashok Kumar Goel has been designated as its Chairman. "Ashok Kumar Goel, Promoter (Executive) Director of the company has been designated as Chairman of the company with effect from May 4, 2022 consequent upon resignation of Vijay Kumar Goel as Chairman and [...]
Battery manufacturer Exide Industries on Thursday reported a consolidated net profit of Rs 3,953 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 320 crore in the January-March quarter of 2020-21 fiscal. The battery maker completed the sale of its unit -- Exide Life Insurance Company Ltd [...]
New Delhi, May 5 (PTI) Sugar production in India has increased by 14 per cent to 34.2 million tonnes (MT) so far in the ongoing 2021-22 marketing year, and is expected to touch a record of 35.5 MT, cooperative body NFCSF said on Thursday. The country's sugar output stood at 31.1 MT in 2020-21, 25.9 [...]
Homegrown FMCG major Dabur India on Thursday reported a 21.98 per cent decline in consolidated net profit to Rs 294.34 crore for the fourth quarter ended March 2022, on account of inflationary headwinds and impairment of goodwill in its international business. In terms of turnover, Dabur has now become a Rs 10,000 crore company, a [...]
New Delhi, May 5 (PTI) Bihar is emerging as the country's most favoured destination for industrialists with Chief Minister Nitish Kumar as its brand ambassador, BJP leader and state Industries Minister Shahnawaz Hussain said on Thursday while announcing an international investors summit of Bihar on May 12. Hussain said big firms such as Hindustan Unilever, [...]
