Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, and healthcare tech firm Indegene Ltd have received markets regulator SEBI's clearance to raise funds through Initial Public Offerings (IPOs). Shares of these three companies will be listed on BSE and NSE. In addition, engineering, procurement and construction (EPC) firm Vishnu Prakash R [...]
In order to increase client productivity through outsourced solutions, Quess Corp Limited (Quess) leverages its superior domain expertise and technologically advanced digital platforms. Quess is the top business services supplier in India. The business offers a wide range of managed outsourcing and staffing services supported by technology in areas like sales and marketing, customer service, [...]
One of the greatest commercial conglomerates in India, the Adani Group, is represented by its flagship company, Adani Enterprises Limited (AEL). Adani Enterprises has prioritized developing world-class infrastructure assets that support nation-building over the years. The business has made a substantial contribution to the nation's self-sufficiency by creating unicorns including Adani Transmission, Adani Power, Adani [...]
The benchmark indices closed in the red on Thursday with the NIFTY 50 losing 145 points and closing at Rs 19,381.65. Moreover, the Sensex fell drastically by 542 points and closed at Rs 65,240.68. Listed below are four factors contributing to the bearish behaviour shown by the Indian markets this week: Rating Downgrade to the [...]
Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year. The revenue for the just-ended quarter was 14 per cent higher at Rs 37,440 crore compared to the year-ago period [...]
Dabur Ltd., an international firm that manufactures consumer goods and has its headquarters in Ghaziabad, was founded by S. K. Burman. It is one of the biggest fast-moving consumer goods (FMCG) firms in India that produces natural consumer goods and Ayurvedic medicines. Dabur currently engages in important consumer product categories like Food & Beverages, Home [...]
Sun Pharmaceutical Industries operates in over 100 countries and has a portfolio of offerings chiefly APIs, Branded Generics, Formulations, Intermediates. It is the 10th largest US generis manufacturer with 43 global manufacturing facilities and state of the art R&D facilities. Sun Pharmaceutical on Thursday reported a 2% decline in its consolidated net profit at Rs [...]
PFCCL is the wholly-owned subsidiary of Power Finance Corporation (PFC), a non-banking financial company under the Ministry of Power. PFC Consulting Limited (PFCCL) has transferred two transmission projects to Apraava Energy Private Limited, and one project to Sterlite Power. The selection of the bidder was carried out through a Tariff Based Competitive Bidding (TBCB) process [...]
Indian equity benchmarks BSE Sensex and NSE Nifty 50 ended in the red for eight sessions in a row on Thursday, led by losses in financial shares and Reliance. The Sensex settled at 65,240.68 points (down 0.82 percent), while the Nifty closed for the day at 19,381.65 points (down 0.74 percent). Meanwhile, here are a [...]
Leading financial/investment institutions, commercial banks, and financial services firms founded ICRA Limited (formerly known as Investment Information and Credit Rating Agency of India Limited) in 1991 to serve as an independent and qualified investment information and credit rating agency. The ICRA Group of Companies (Group ICRA) is made up of ICRA and its subsidiaries today. [...]
