Urja Global’s board of directors approved the unaudited results for Quarter 3, October-December 2021 on January 15, 2022. As per the result, its quarterly net profit was down by 80.12% at Rs.0.12 crores in December 2021 from Rs.0.60 crores in December 2020 while the net sales declined by 72.46% from Rs.33.77 Crore in December 2020 [...]
New Delhi, Jan 17 (PTI) Fitch Ratings has projected Hexaware Technologies' revenues to grow at 12-14 per cent in the next fiscal and said the company has a "positive" credit outlook.The agency has assigned India-based Hexaware Technologies long-term foreign- and local-currency issuer default ratings (IDR) of 'BB-' and said the Outlook is positive.'BB' ratings indicate [...]
New Delhi, Jan 17 (PTI) Construction firm Capacit'e Infraprojects on Monday said it has bagged a Rs 231-crore work order from Raymond Realty in Mumbai.With the latest order, the company's order book has reached Rs 9,000 crore, the Mumbai-based company said in a statement.The scope of the order includes civil core and shell works at [...]
CHENNAI, India, Jan. 17, 2022 /PRNewswire/ -- South India's largest real estate developer Alliance Group and brand Urbanrise, in its mission to bring quality homes to consumers, has today announced a significant milestone - the successful sale of 2800 units in just 9 months. With over eight projects in Chennai and three projects in Hyderabad, [...]
New Delhi, Jan 17 (PTI) Automaker Kia India on Monday said it has received 7,738 bookings of its upcoming model Carens on the first day of commencing the order process.The company had opened the pre-bookings for the new model on January 14 at an initial booking amount of Rs 25,000.“We are delighted with the overwhelming [...]
Mumbai, Jan 16 (PTI) Sunteck Realty is on a Rs 22,000-crore potential revenue path by launching seven projects in and around the Mumbai metropolitan region over the next five to eight years.These projects are expected to make it one of the largest realtors in terms of the topline.The realty firm has built the first uber [...]
New Delhi, Jan 16 (PTI) Footwear retail chain Metro Brands has reported a 54.63 per cent jump in consolidated net profit to Rs 100.85 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 65.22 crore during the October-December quarter of the previous fiscal, Metro Brands Ltd (MBL), [...]
New Delhi, Jan 16 (PTI) With plans afoot to locally assemble its all-electric sedan EQS in India, luxury carmaker Mercedes-Benz is looking to accelerate sales of electric vehicles in the country, according to a senior company official. Mercedes-Benz India plans to bring to the market the locally assembled EQS electric sedan in the fourth quarter [...]
New Delhi, Jan 16 (PTI) The stock market's momentum will be guided by the ongoing quarterly earnings season, with Reliance Industries, HUL and Bajaj Finance among those scheduled to announce their results this week, analysts said. Focus would also remain on the COVID situation, global stock markets, investment pattern of foreign institutional investors (FIIs), rupee-dollar [...]
New Delhi, Jan 15 (PTI) The country's largest private sector HDFC Bank on Saturday reported an 18.1 per cent rise in its standalone net profit at Rs 10,342.20 crore for the quarter ended December 2021, helped by healthy non-interest income and fall in bad loans provisioning. The bank had registered a net profit of Rs [...]