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Over USD 7 bn raised by Indian start ups in Q4 2021: Report

New Delhi, Feb 10 (PTI) More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report. The report by NASSCOM and Praxis Global revealed that fintech and retail tech were the top sector in Q4 [...]

Pandemic impacted business but things are coming back: Nykaa MD

New Delhi, Feb 10 (PTI) FSN E-Commerce Ventures Ltd, which runs an online marketplace for beauty and wellness products firm Nykaa, expects strong momentum in the business as the impact of the COVID-19 pandemic recedes and the situation becomes normal, according to a top official of the company. Nykaa, which focuses on beauty, fashion and [...]

Mindspace REIT Q3 net operating income up 4pc to Rs 371.5cr

New Delhi, Feb 10 (PTI) Mindspace Business Parks REIT on Thursday reported a 4 per cent increase in its net operating income to Rs 371.5 crore and declared distribution of Rs 275.2 crore for its unitholders for the quarter ended in December. In a regulatory filing, the company informed that it has declared distribution of [...]

Carborundum Universal reports Q3 net at Rs 110.91 cr

Chennai, Feb 10 (PTI): Manufacturer of abrasives Carborundum Universal Ltd (CUMI) has reported consolidated profit for the quarter ending December 31, 2021 at Rs 110.91 crore, the company said on Thursday. The city-based company, part of the diversified conglomerate Murugappa Group, had reported consolidated net at Rs 86.62 crore during the corresponding quarter previous year. [...]

Dr Lal PathLabs posts Rs 58 cr profit for Oct-Dec

New Delhi, Feb 10 (PTI) Diagnostics chain Dr Lal PathLabs Ltd on Thursday reported a consolidated net profit of Rs 58.2 crore in the third quarter ended in December 2021. The company had posted a consolidated net profit of Rs 95.9 crore in the same quarter last fiscal, Dr Lal PathLabs said in a regulatory [...]

Amara Raja Batteries Q3 net profit dips 25 pc to Rs 145 cr

New Delhi, Feb 10 (PTI) Amara Raja Batteries on Thursday said its consolidated net profit declined 25.25 per cent to Rs 145.30 crore in the third quarter ended December 31, 2021. The company had reported a net profit of Rs 193.69 crore in the corresponding quarter of the previous fiscal. Its revenue from operations, however, [...]

GIC India posts Rs 28.5-cr loss for Dec quarter

New Delhi, Feb 10 (PTI) General Insurance Corporation of India on Thursday reported a net loss of Rs 28.48 crore in the quarter ended December 2021, due to higher underwriting losses. The general insurer had posted a net profit of Rs 987.42 crore in the year-ago quarter. Sequentially, there was a net profit of Rs [...]