Godrej Consumer Products Ltd on Tuesday reported a 3.55 per cent rise in consolidated profit after tax at Rs 546.34 crore in the third quarter ended December 31, 2022. The company had posted a consolidated profit after tax of Rs 527.6 crore in the same period last fiscal, Godrej Consumer Products Ltd (GCPL) said in [...]
The Adani Group's entry into Israel through its strategic acquisition of the Haifa port will turn this northern coastal Israeli city into a strong and exciting Mediterranean hub, the city's mayor said on Tuesday. A consortium of Adani Ports and Special Economic Zone (APSEZ) and Israel's Gadot Group won the tender in July last year [...]
Sun Pharma on Tuesday reported a consolidated net profit of Rs 2,166 crore for the third quarter ended December 31, 2022. The Mumbai-based company had posted a net profit of Rs 2,059 crore for October-December period of the previous fiscal year. Total revenue from operations stood at Rs 11,241 crore in the period under review. [...]
Asia's oldest stock exchange BSE's platform for small and medium enterprises (SMEs) on Tuesday announced the listing of Dharni Capital Services Ltd, taking the tally of such listed companies on the bourse to 414. Dharni Capital Services Ltd becomes the 414th company to get listed on the BSE SME platform, the exchange said in a [...]
Vedanta group firm Hindustan Zinc Ltd on Tuesday said it has earmarked a USD 1 billion investment for converting its diesel-run 900-odd mining vehicles into battery-operated ones over the next five years. Hindustan Zinc is steadily switching to electric vehicles for its underground mine operations. HZL together with the Finnish technology company Normet Group Oy, [...]
India has become the third-largest aviation market in the world and is growing rapidly, with the number of airports increasing to 147 from just 74 in 2014, President Droupadi Murmu said on Tuesday. She also said the Indian Railways is emerging as a modern institution and many inaccessible areas are being added to the rail [...]
Capital expenditure has started pushing private investment and the Budget target of Rs 7.5 lakh crore for the current financial year is likely to be met, the Economic Survey 2022-23 said. The capital expenditure (capex) of the central government which increased by 63.4 per cent year-on-year in the first eight months of FY23 was another [...]
The shares of Mold-Tek Technologies gained 11.78% after the company reported robust results for the October to December quarter of 2022. Its shares were trading at ₹ 174.10 apiece, up 1.02% on the National Stock Exchange, at 01:10 AM on Tuesday. The company’s revenue from operations increased by 71.41% to ₹ 40.71 crores in the [...]
The shares of Trident Limited gained 8.80% on Tuesday’s early trades to reach an intraday high of ₹ 34.60 apiece. Its shares were trading at ₹ 34.15 apiece, up 7.39% at 12:22 PM on the National Stock Exchange (NSE). Trident’s revenue from operations decreased by 17.25% to ₹ 1641.44 crores in the October to December [...]
As we approach the budget meeting that is to be held on February 1st, 2023 Indian investors turn more optimistic about the sector's prospects. The producers are demanding measures such as an import duty hike in technical and formulations which will give a boost to local producers. Another critical requirement is that fertilizer companies be [...]
