Pharma major Venus Remedies on Tuesday said it has secured a good manufacturing practices (GMP) certification from Kenya for all its production facilities at Baddi, in Himachal Pradesh. The Pharmacy and Poisons Board (PPB) of the Kenyan Health Ministry granted the certification following a rigorous audit of the company's production facilities in Baddi, a company [...]
Kalpataru Power Transmission Ltd (KPTL) on Tuesday announced changing its name to Kalpataru Projects International Ltd. The name was changed after the receipt of approvals from shareholders and regulatory authorities including Ministry of Corporate Affairs, a company statement said. The name change is effective from May 22, 2023 and the company will henceforth operate under [...]
JSW Steel on Monday said NCLT-Mumbai has approved Rs 621-crore resolution plan submitted by its subsidiary JSW Steel Coated Products Ltd (JSWSCPL) for debt-laden National Steel and Agro Industries Ltd (NSAIL). "We now inform you that the written order of NCLT approving the resolution plan has been received," JSW Steel said in a BSE filing. [...]
Aditya Birla Fashion and Retail Ltd on Monday reported a consolidated net loss of Rs 194.54 crore for the fourth quarter ended March 2023. The company had posted a net profit of Rs 31.90 crore during the January-March quarter of the previous fiscal, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. [...]
GQG Partners on Monday acquired shares of hospital chain Max Healthcare Institute for Rs 415 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), GQG Partners Emerging Markets Equity Fund bought 75,50,000 lakh shares of the firm. The shares were purchased at an average price [...]
Non-bank lender Muthoot Capital Services has reported a profit of Rs 25.96 crore for the March quarter. The listed entity of Muthoot Pappachan Group had reported a loss of Rs 151.83 crore in the year-ago period. The total income grew 7 per cent to Rs 115.6 crore in the reporting quarter, as against Rs 109.16 [...]
RP-Sanjiv Goenka Group arm Spencer’s Retail Ltd on Monday said its consolidated net loss widened to Rs 61.22 crore for the fourth quarter ended March 2023. The company had posted a net loss of Rs 42.47 crore in the January-March period a year ago, Spencer’s Retail said in a regulatory filing. Its revenue from operations [...]
Hospitality firm EIH Limited on Monday said its consolidated profit after tax in the fourth quarter ended March grew multifold to Rs 92 crore over the year-ago quarter. Profit after tax grew to Rs 329 crore in FY23 as against the previous year, the company said in a statement. Its consolidated revenue stood at Rs [...]
Bharat Petroleum Corporation Ltd on Monday said its net profit more than doubled in the March quarter on the back of a recovery in fuel marketing margins and better refining margins. The company's standalone net profit at Rs 6,478 crore in the January-March quarter compares to Rs 2,501 crore in the same period a year [...]
Indiabulls Housing Finance Limited on Monday posted a 14 per cent decline in consolidated net profit to Rs 263 crore for the March quarter. This company had earned a net profit of Rs 307 crore in the year-ago period. Its revenue from operation fell to Rs 2,077 crore for the March quarter as compared to [...]
